Sunday, July 05, 2009
The growing mantra of companies today is innovate or die. In a global village with short product cycles and intense cost competition, ideas and creativity are the competitive advantage for American companies. While innovation is the driver of competitive advantage, the future lays in the next generation of workers; our kids.
Debt has become a way of life for many Americans. According to the Federal Reserve Board, consumer debt is at a record high of $2.6 trillion as of 2008 and continues to grow. All the outstanding, unsecured debt has become a multi-billion dollar business for the 6,000 plus debt collection agencies.