Category Archives for "Business Strategy"

Never Hire Management Consultants In These Situations

I need to tell a true story which is about 16 years old. Jon had just left the secure world of a senior role in a multi-billion dollar global corporation to accept the role of the CEO in a mid-size family-owned company. He had always been a go-getter, who had progressed fast in his previous […]

How To Get The Biggest Bang For Your Technology Buck

There were only 24 hours left. Tomorrow the board would pull the plug on the project which had continued for well over 3 years. The total costs as per internal calculations had run into hundreds of millions of dollars. External consultants reckoned that when you included the costs of internal resources seconded to the project from […]

How You Define Success Determines Your Results

“What is success? How do you define it in your current role?” It was a simple question. I asked this question of the room in general. I expected multiple replies from the all the executives in the room. Then, I realised that none would be forthcoming. A number of cultural factors were at play. The […]

What is Common Between Enron and Bitcoin?

I was at a Melbourne Cup luncheon yesterday, and someone asked me why I do not write about Bitcoin. On my mobile, I showed them a paragraph from my book THE 5-STAR BUSINESS NETWORK written in 2013, where I talk about the emerging Digital Currency Networks. But the truth is that given the attention Bitcoin […]

Information age thinking needs information rich leadership

Boards always ask the hardest questions. That is why these gentlemen (and ladies) get to be on the boards. They know just the right questions to ask at the right moment. Towards the end of this blog I will relate my recent experience with one such question.  They may not know the answer, but they […]

What Supply Chain Managers Can Do About Safety Recalls?

If you are in Australia, it is more than likely that you already know this saga. If you are not in Australia, or do not follow the news cycle, take a look at the video below: This happens all too often. Once every few months, in some part of the world, a crisis of similar […]

Consequences of Confusing Between Supply Chain and Logistics Can be Painful

Recently, obstetrician Dr Liu Hongmei hit global headlines when she disclosed the story of a young couple who came to her after four years of intense attempt to get pregnant. As it happens in these cases – when the wife could not get pregnant even after 4 years of marriage, the family pressure was piling on. […]

Upgrading Your Supply Chain to the Next Level? One Point that (Nearly) Everyone Misses

Supply Chain Management

The meeting room was as sparsely appointed as most meeting rooms used for supplier meetings these days. There were no windows, and barely any space to move. A round table in the center was surrounded by four cheap chairs. The message it sent was of frugality and simplicity. Yet the four people in the room […]

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