Construction Spend

Innovation - Standardization - Commoditization run along a continuum.  Today we unpack some of the ideas that hasten (and prohibit) leading practice discovery; how quickly goods and services become a "human right"; why all of this is relevant to education communities and why some believe that commoditization is a myth.

From the Wikipedia

In business literature, commoditization is defined as the process by which goods that have economic value and are distinguishable in terms of attributes (uniqueness or brand) end up becoming simple commodities in the eyes of the market or consumers. It is the movement of a market from differentiated to undifferentiated price competition and from monopolistic competition to perfect competition. Hence, the key effect of commoditization is that the pricing power of the manufacturer or brand owner is weakened: when products become more similar from a buyer's point of view, they will tend to buy the cheapest.

Related:

Why High-Tech Commoditization Is Accelerating

After months of hard work, the top five teams met at USPTO headquarters today for the final round of the 2025 National Patent Application Drafting Competition. 🏆 And the winners are ... ⬇️

🥇 First place — @UofMNLawSchool pic.twitter.com/uwNSJR0oBy

— USPTO (@uspto) April 4, 2025

From creating a race car safety device that protects drivers from injury to revolutionizing chemotherapy, Spartans have contributed to more than 3,300 inventions. #SpartansWill pic.twitter.com/dchCs0BFBx

— MSU (@michiganstateu) February 21, 2025

"I'm sick of not having the courage to be an absolute nobody."
-- Franny and Zooey" (J.D. Salinger)

Periodic walk-through of Human Resource best practice catalog for labor markets generally; and units within the education facility industry specifically.   We inform our discussion based upon today's release on the Employment Situation Summary from the US Bureau of Labor Statistics.

Recommended Reading:

"The Human Side of Enterprise" 1960 Douglas McGregor

University of Chicago Press: Readings in Managerial Psychology

For an advance agenda send a request to bella@stanardsmichigan.com.   Use the credentials at the upper right of our home page to log in.

Alone is where the magic happens…apparently although I got so bored. This 10 mile run was the first time I’ve ran double digits since October 2021! The last two miles felt dreadful however, it’s done. I’m now going to smash a 🍕 #ukrunchat #training pic.twitter.com/fUP43c5yGi

— Lil Morris 🏃‍♀️ (@BlondeLilmo) February 3, 2024

My biggest wins come when I do things out of discipline even when I have no motivation. pic.twitter.com/ozSDYqdwiQ

— Travis Harrison (@TJHarrison22) February 9, 2025