World Perspectives

Fiscal “Groundhog Day”

In the movie "Groundhog Day," actor Bill Murray's character gets caught in a time warp and wakes up in Punxsutawney, Pennsylvania on that day, facing the same day and events over and over again until he finally figures out how to change his behavior. After some trial and error, he finally finds a way to make time move forward to a promising future. The federal government is caught in a fiscal "Groundhog Day" scenario.As is known by now, a deal was struck late Wednesday night to reopen the federal government and that happened yesterday. These are the terms of the budget deal:

A continuing resolution (CR) to fund the government was adopted and will last through 15 January. The debt ceiling was raised and the Treasury Department has bor...

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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