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 […]
Value of Trust in Supply Chain Management
Why Trust in Supply Chain Is Important? Recently, the value of trust in supply chain was brought home to me in a graphic manner. An owner of a medium sized business (who was trying to be one of our well-wishers) showed me (and one of our new recruits in sales management department) the way they […]
How Organizational Silos Can Ruin Your Supply Chain
Organizational silos are based on the division of labor, on organizing the labor in such a way that each individual specialized in what he/she knows best, so that it can all be integrated in such a manner that a cohesive whole which is created in the result is much better in quality and much cheaper […]
Why Business Networks Are Important?
“Call it a clan, call it a network, call it a tribe, call it a family. Whatever you call it, whoever you are, you need one.” -Jane Howard Business Networks are important to accelerate and sustain success for any individual or organization. It is imperative to learn from the evolution and success of business networks. Business […]
Dear Hackers – Please Do Not Kill the Cloud…
There are already plenty of nude photos in the cyberspace. No matter how attractive these celebrities are, their photos are not worth what is at stake. News Reports have been taken over by the celebrity nude photo celebration. Here is a good summary, in case you missed out: ” MICHAEL BRISSENDEN: Explicit photos of dozens of female […]
Supply Chain is the New Electricity – You Cannot Run Business Without It
Recently I did a small but quite interesting thought experiment with one of my sons. We were discussing the invention of electricity and he asked me: “Dad, what would happen if there was no electricity?” Since I actually had such an experience, I recounted to him my life in a remote village in Himalayas when […]
Supply Chain Segmentation – The Next Step in Delivering What you Promise in Digital Marketing
Trust & Care – Two Hallmarks of Supply Chain Segmentation Supply Chain Segmentation Drives Today’s Digital Marketing – This is how I explained the situation to a group of a senior executives of the company I was consulting to recently. The profitability was falling, and customers were abandoning the company (I cannot go into too […]
From NASA space suit to Lego Toys – Why crowdsourcing should be part of every supply chain strategy
Supply Chain Strategy Gets a Boost from Crowdsourcing We are starting to hear about the need for innovation in supply chain strategy. Crowdsourcing is proving its value in boosting innovation. The magic of this idea is that it ties new product launches with customer wants and needs. NASA recently turned to the public for the design […]
What Causes Supply Chain Confusion
My last post “Supply Chain Confusion could kill your business“ generated several great comments from highly qualified professionals around the world, and in this post I want to explore the reasons for the confusion. Obviously, the confusion is debilitating, and unprofitable. I am sure readers will have their own experiences with the confusion in supply […]
How to increase your professional income?
Many professionals in the business world wonder how to increase income, at least every few weeks. Want to legitimately increase income? No doubt, in the long run, you get paid for your results. Results are derived from two critical factors – skills and dedication. If you have the relevant skills, and you apply them with […]