The United States is grappling with labor shortages fueled by shifting demographics. Addressing this challenge will likely depend on the adoption of automation technologies that enhance worker productivity, combined with reskilling efforts and supportive government policies. As the new administration gains momentum, policymakers are likely to encounter increasingly tight labor markets—a persistent structural challenge common to many developed nations. According to Bespoke Business Development, GDP across advanced economies in 2023
As businesses increasingly depend on data to drive innovation and growth, poorly executed—or completely absent—data product strategies have emerged as a major strategic problem. Imagine this: You’re tasked with moving valuable freight across the country. Would you attach a separate engine to each cargo car? Of course not—you’d link multiple cars to a single engine for efficiency and scalability. You’d also standardize trains and connectors to move various goods easily.
Facing Fiscal Pressure and Rising Expectations State and local governments in the United States are increasingly expected to do more with less. While demands from residents continue to grow, many local agencies must also confront budget shortfalls—exacerbated by potential reductions in federal support and long-standing struggles with outdated technologies, organizational inefficiencies, and workforce challenges. Recent shifts in federal priorities, particularly the Trump administration’s emphasis on efficiency, are pushing state and
An Opportunity for Transformation The US federal government has faced questions about its productivity for decades. Since the New Deal expanded the government’s reach, successive administrations—from Nixon’s focus on productivity in the 1970s to Reagan’s executive orders in the 1980s and Clinton’s government reform efforts in the 1990s—have sought to make the federal workforce more efficient. Today, these discussions are more urgent than ever. With the national debt soaring past
Overview In today’s increasingly complex geopolitical environment, U.S. businesses must align more closely with government policy to thrive. While economics and innovation were once the dominant concerns for companies, geopolitical risk has now emerged as the top threat to growth. Changes in trade rules, economic policy, and national security are reshaping the business landscape. To succeed, companies must move from short-term risk avoidance to long-term alignment with policy and strategic
Political Overview – Bespoke Business Development Political Risk Advisory This week’s briefing highlights several key political developments worldwide, with a focus on U.S. Vice President JD Vance’s official visit to India. Other notable events include upcoming U.S.-Japan currency talks, U.S. and European-led ceasefire negotiations on Ukraine in London, and shifting dynamics in South Korea’s presidential race. Meanwhile, domestic political tensions in South Africa, Ecuador, and Brazil are also drawing attention.
The automobile’s invention in the late 19th century sparked a wave of entrepreneurial activity. In the U.S. alone, the number of car manufacturers surged from around 30 in 1899 to roughly 500 by 1910. This early era was marked by relentless innovation—introducing V-8 engines, electric starters, and convertible tops for weather protection. Yet by the 1920s, despite ongoing technological advances, most automakers had shuttered or failed to scale. Only a
As generative AI tools become the go-to source for product research and recommendations, the traditional marketing funnel is rapidly evolving. Brand leaders must now learn how to communicate effectively with AI agents—because these agents are increasingly guiding the customer journey. Key Takeaways: How Buyers Are Navigating with AI Today’s consumers are increasingly relying on AI-powered summaries and recommendations—whether through search engines like Google and Bing or directly from tools like
The recent escalation of tariffs and trade restrictions has introduced significant uncertainty for global businesses. In light of these developments, companies must reassess their strategies to remain competitive and resilient. Following the United States’ implementation of reciprocal tariffs on April 2, 2025, global markets have experienced increased volatility. These new tariffs have driven the U.S. weighted-average tariff rate from around 2% at the beginning of the year to over 20%
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