I believe that companies like Bower Farms, in the wake of this change should collect and subsequently provide more robust data about their CO2 emissions through the Carbon Disclosure Project. This would require farmers to carefully track and disclose their carbon emissions. Some companies like Chevron have seen significant cost savings. Even further, this would create a more data driven approach for how they can reduce their carbon levels.
I think this is quite potently written. I think that the move for GM should be to protect its brand ID. Part of its customer’s promise is the American made cars. But they should capitalize on the opportunity to build on that brand credibility. Even further, they have to contend with the powerfully strong data from the Bureau of Labor Statistics that proves that many jobs have in fact left the United States as a result of free trade agreements. However, in what way does dealing with these isolationist policies contort their ability to fulfill their fiduciary responsibilities to maximize shareholder value. Essentially, if they can cut costs and maximize profit potential by moving jobs to other countries, then they might be running against the precipice of a significant internal conflict.
Given the relative “wide-openness” of the “Made in America” interpretation, shouldn’t this company make strides in advance of regulation to help form regulation in the way they see fit. Int he relative fallout of NAFTA, companies found opportunities to step ahead of policies to best protect themselves.
According to the Bureau of Labor Statistics proved that American jobs dropped precipitously as a result of agreements like NAFTA and CAFTA. The company should step ahead of this by generating its own data and rules for maintaining a strong american preference with Trump or without Trump’s regulations.
One thing for Exxon to consider is to double down in its participation with the Climate Disclosure Project similar to Chevron. The Carbon Disclosure Project provides a platform for companies to report data on their practices and their supposed proposed changes they’d like to make as it pertains to climate change. The Carbon Disclosure Project is a fixture in the supply chain of Chevron, helping them realize leakage that they initially did not notice.
Juan-Carols, this is fairly interesting. However, have you considered the difficulties with the positioning of Walmart geographically? Isn’t this just Walmart ceding major metropolitan areas to Amazon? According to this report from NPR, it seems like Walmart can double down on the pickup strategy you mention by having more prepared meals waiting for customers–that in urban areas, people are more interested in quickly getting convenience. This is something that can differentiate them with Amazon and a host of other grocery stores and e-commerce companies.
This is quite fascinating, Andrew. I’m curious if there could be a good company that Rio Tinto could acquire to conduct/oversee much of the digitization process. It’s not the core competency of Rio Tinto to oversee that digitization and I fear that the process of fully integrating tech into everything that it does could be rather difficult. Further, I wonder how labor utilization will be affected if technological innovations truly do take hold. Also, are there regulatory matters (specifically labor law/unions) that Rio Tinto should worry about as well? This might halt or stem the tide of technological change.