Why Good Management Consultants Are So Expensive?
although I am writing this blog post to note down my precise thoughts just for a handful of people, it might be useful for a whole lot of other people too. That is why I am making it public. This post is written in response to a frequently asked question that I face – and […]
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 […]
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 […]
The Newest Way to Make Your Business Network Great
In his book The 5-STAR Business Network (http://bit.ly/5-STARBN), Vivek Sood mentions the concept of synchronicity, and focus on Carl Jung’s perception of it. The concept of synchronicity has a specific definition in Carl Jung’s mind. For him, it is a causal connection of two or more psycho-physic phenomena. He started to use this word in […]
High Demand for Real Supply Chain Experts
Good solid supply chain thinkers are in high demand and low supply. I would know, I run this company called Global Supply Chain Group for the last 17 years. It appears that it was not too long ago (when we formed this company) – most business people were struggling to understand what is supply chain […]
Ten Reasons Why Your Business Network is Your Business’ Net Worth, and, How To Make the Most of it?
The simplest definition of business is to sell or buy the goods or services. Though, It may define the trading style of the past centuries but now business is not that much simple. One need to compete strongly to stay in the market, to be the best in every sense and above all being a […]
What Data You Got is Not As Important as What you Do With It
First let me start with a story. I have some personal experience in 1990 with this ancient mariners’ rhyme: The Rime of the Ancyent Marinere: Day after day, day after day, We stuck, nor breath nor motion; As idle as a painted ship Upon a painted ocean. Water, water, every where, And all the boards did […]
Any One of These Five Confusions in Your Company Could Wipe Out the Entire Profit for the Year
There is no doubt that confusion results in loss of action. Because clarity is the basis of all actions. Clarity gives you confidence and confidence results in action. Imagine a scenario where you need to make a decision and, in order to make a decision you need information, some of which is missing. Generally speaking, […]
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 […]