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5-STAR Business Network – A Company Is Known By The Company It Keeps

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5-STAR Business Network – A Company Is Known By The Company It Keeps

5-STAR Business Network

I am always amused to see the starry eyed stories of success of the companies in the business press.

Many of the stories do not go deep into the real reasons for that success or to trace how transitory it can be, if those reasons disappear. It was not that long ago that Apple was the darling of the newspapers and magazines.

The Company could not do anything wrong, and its market valuation was almost bigger than that of PIGS combined market value.

Everything You Need To Know About 5-STAR Business Network.

I noted the key reasons for its success – its 5-STAR Business Network – in my just released book.

I also cautioned that managing this business network, carefully nurtured by Steve Jobs based on his personal relationships as much as organizational protocol, will be delicate task, particularly after Steve Jobs was gone.

That is why this article in Wall Street Journal today caught my eye. I think by now it is a common knowledge that after Steve Jobs, Apple just is not the same company.

A number of missteps have been noted in the press. There were missteps when Jobs was around, but somehow they did much lesser damage then. As one commentator noted on the WSJ article –

Where Steve Jobs goes, so goes Apple.

I am not as sure yet whether this is true or not. However, what is amply clear is that the main street has noticed the change. Another sign of the change is what is happening with in the 5-STAR Business Network of the Company. Samsung is openly challenging the company to a duel. Some of its other suppliers are not faring all that well either. For example, see this news report –

Apple shares plummeted more than five percent Wednesday after Cirrus Logic, a supplier of Apple components, slashed its own profit guidance, suggesting its Apple business had weakened.

The news report goes on to say:

Shares in Apple are well below their 52-week peak above $700 in September as the California tech giant faces tougher competition from South Korea’s Samsung and others in the busy smartphone and tablet technology space.

The sell-off came after Cirrus, which relies on Apple for a majority of its sales, warned that profits for its fiscal fourth-quarter, through March 30, would be lower.

Investment Banks were quick to downgrade Apple and comment on its trouble based on the information from Apple’s supplier.

To my knowledge, only one journalist, Adam Satariano of Bloomberg could make the connection across the entire 5-STAR Business Network and see the ripple effect percolating through the business network.

He commented in his article:

Learn The Truth About 5-STAR Business Network

Apple’s breakneck growth to $156.5 billion in revenue last year, from $24.6 billion in 2007 when the iPhone debuted, supports an ecosystem of at least 247 suppliers across the globe. They relied on Apple to deliver $30.1 billion in orders in the latest reported quarter, according to supply-chain data compiled by Bloomberg. As a result, many are now vulnerable after building up inventory in anticipation of continued growth, according to Michael Hasler, a lecturer at the University of Texas in Austin.

“This is the downside of that really positive story of being an Apple supplier,” said Hasler, a former supply-chain executive at Applied Materials Inc. “Your fortune is directly linked to Apple. Until recently, that hasn’t been a bad thing.” …

…While Apple accounts for a large chunk of Cirrus’s revenue, Jabil Circuit gets 13 percent, Broadcom 15 percent and Flextronics 8 percent of their sales from Apple, according to supply-chain data compiled by Bloomberg.

There is not a better example of the prominence of the 5-STAR Business Network in today’s economy. We will see the bull-whip effect ricochet across the global technology sector, and beyond.

A Company is indeed known by the company it keeps.

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ABOUT THE PRINCIPAL AUTHOR

Today, Vivek and his partners are among 20-30 people on the planet earth who have this deep understanding of supply chain systems, practices and tools. CEOs, COOs, executives and Boards call them in most challenging situations once they know the full potential of supply chain based transformations. Following are key milestones in Vivek's journey:

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  • Earned a top tier MBA from UNSW at the top of his class.
  • Joined highly regarded strategy consulting firm Booz Allen & Hamilton, consulting to the CEOs, Boards and senior management of global corporations within Australia.
  • To learn and specialise in supply chain – against all odds, sought out the co-inventor of supply chain in Germany and convinced him to be a partner in his firm, GLOBAL SUPPLY CHAIN GROUP, launched in January 2000.
  • More than 500 successful blue chip projects with high impact business transformations in large corporations using the full power of SUPPLY CHAIN MANAGEMENT.
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5.0
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THE 5-STAR BUSINESS NETWORK

If you are deeply passionate about the world of business and supply chain networks as I am, and enjoy digging answers to critical questions that will help build and steer your business with wisdom, then join me. This book is a journey of exploration through the world of business networks that run along the veins of today’s commercial world.

4.3
4.3/5

OUTPERFORM OUTSOURCE OUTPROFIT

The trend of outsourcing continues to grow unabated with the whole gamut of services, from simple to mission-critical tasks. There is not a single company on earth that does not outsource anything. It is not just about cost arbitrage, it is also a finer expression of division of labour at the organisational level. Like all leverage, outsourcing is a double-edged sword too. On one hand, it allows you to do more, faster. On the other hand, if it goes bad, it can easily kill your business. If you do not believe that is possible – you can google the Fox Meyer saga from the 90s and see for yourself.

4.3
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UNCHAIN YOUR CORPORATION

Businesses Are Chained By Unseen Chains. If You Are Looking For Ways To “Unchain Your Corporation” A Successful Business Transformation Is Required.

Successful Business Transformations Are Difficult, Yet Rewarding.

Business Transformation Is Fast Becoming A Question Of Survival In The Modern Globalised Era.

Modern Supply Chains Integrate Businesses And Economies Faster By Systematic Information Sharing From Internal And External Sources.

Companies Can Multiply Profits By Progressively Ramping Up Cohesion And Collaboration Of All Moving Parts In B2B Network To Achieve Tighter Integration.

4.3
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GREEN SUPPLY CHAIN – AN ACTION MANIFESTO

It is generally accepted that environmental consciousness is now changing to environmental proactiveness as organizations are discovering that it makes good commercial sense.

Boards are asking the management to review their policies related to environmental norms, not only to bolster their corporate social responsibility aims, but also because consumers are asking for greener supply chains

It is also widely agreed that consumers will increasingly prefer to buy more and even pay more for products or services provided in an environmentally sound manner.

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