World Perspectives

Cost of Deception; Trade and Politics; Political Constituencies

Cost of Deception President Joe Biden like other politicians thought he made a clever calculation when he recent;ly blamed food processors for inflation in the sector. As he scorned, “The American public is tired of being played for suckers…I’ve had enough of what they call shrinkflation. It’s a rip-off.” Some food makers are making more money but others are losing profits, just like any economic sector. There are falling commodity costs for grains, but rising expenses for inputs like sugar, cocoa, and beef.  However, a large share of the cost increases is President Biden’s favorite constituency – labor. To his applause, 22 states have mandated increases in the minimum wage. California has o...

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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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