Today the war in Iran has hit its 10th day. Iranian forces have sustained their retaliatory strikes on US military assets and other key infrastructure in Kuwait, Qatar, Saudi Arabia, and the UAE. The latest Iranian attacks on Bahrain have damaged a water desalination plant. Further, more than a week after the assassination of Iranian Supreme Leader Ayatollah Ali Khamenei on 28 February, Iranian authorities have named his son, Mojtaba Khamenei, as the new leader. Meanwhile, Israeli strikes on oil facilities continue. The price of global benchmark Brent crude surged to $119.50 per barrel on Monday, its highest level since 2022, as tanker traffic through the Strait of Hormuz remains at a standstill. The Strait of Hormuz, which transports about...
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.