In this Design Nation interview, Clark Goolsby, Chief Creative Officer at Chase Design Group, shares how he started his design career at Chase and is a leader at this agency that focuses on innovative brand-building. He believes the biggest challenges facing his industry today are the shift in consumer behaviors brought on by the pandemic, navigating the intersection of art and business, and sustainability.
Read MoreThe global pandemic is squeezing the living space out of many industries, including the traditional fashion industry. However, to some Internet-based fields such as esports, the pandemic has produced more opportunity. COVID-19 has also catalyzed more cross-border cooperation: traditional industries need new blood to twist the adverse situation, while emerging industries need legacy icons or brands to help them unlock broader markets. Hence, the marriage between fashion and esports under the pandemic is unexpected, but predictably, influential.
Read MoreThe fintech industry is heavily dominated by males, with less than 30% employed identifying as female. This trend not only hurts companies and gender equality, but also the product development and democratization of services delivered by these businesses. A quick gender fix is said to bring as much as 20% more profit and increase dividend payouts by as much as half of the current value.
Read MoreThe airline industry has been hit with unprecedented circumstances, with demand declining rapidly. A traditionally lethargic industry has been forced to accelerate decision making in order to adjust to the COVID-19 pandemic, and salvage the demand left. Airlines must continue to innovate and implement health and safety practices, in order to regain the trust of passengers, for the survival of their businesses.
Read MoreThe apparel, fashion, and luxury industry (AF&L) is one of the worst-affected industries by COVID-19, with demand and supply restructuring towards consumption of essential goods and services. With both retail and online sales diminishing as people consolidate their wealth to survive the pandemic, the industry has realized that they will not be able to operate their current business until the consumer confidence revives and social distancing relaxes.
Read MoreCOVID-19 has raised risks associated with travel, from prolonged exposure to other people to last-minute cancellations before getting on a flight. Typically, people buy travel insurance to mitigate risks when visiting places outside of their home country. However, the current state of traveler’s insurance may not be enough to cope with the aforementioned pandemic-induced risks. Summer Journalism Fellow Charlotte Ehlers proposes a plan where federal governments set up their own travel insurance plans and market them alongside preexisting COVID safety measures to restimulate the tourism industry.
Read MoreGwendolyn Lee, co-founder of Students vs Pandemics, discusses with Summer Journalism Fellow Millie Muroi her vision of bringing people with different perspectives together to tackle COVID-19 through innovative solutions, cross-disciplinary collaboration, and student leadership. Lee also shares her insights on the road ahead for healthcare, policy, and business in the coming decade and how students can actively contribute beyond the academic sphere through civic engagement and public service.
Read MoreToday, ed-tech is an umbrella term that refers to any technological initiative designed to streamline learning. Despite this, startups in the space have had a rocky ride over the past half-decade with investors and skeptics raising questions about their cash burn, business models, and even their crown jewel: content. The black swan event that is COVID-19 has seen educational institutions and students flock to ed-tech platforms during the transition to online learning, but this begs the question: is ed-tech here to stay once the dust settles?
Read MoreIn this audio podcast, we hear an excerpt from a keynote given at Design Nation 2020 by Sandra Campos, CEO of Diane von Furstenberg. In this episode, she shares her journey to becoming the CEO of DVF, and how all of her different entrepreneurial adventures and career experiences gave her the crucial skills to grow as a business leader in fashion.
Read MoreIn this episode, Business Today shares advice from Beau Thomas, Managing Director at private equity firm Audax Group, on how to navigate the job market during a financial crisis. As someone who graduated in 2009 into a financial crisis himself, Beau describes what the job search looked like for an undergraduate junior or senior during his time. To provide hope for students in the present who are stressed out about losses in their internship or job opportunities, Beau explains that folks who are smart, hungry, and driven, whether they start out at their preferred job or not, will always find the pathway to be successful. He also shares with current undergraduates how to make the most out of the current pandemic.
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