HOW SUPPLY CHAIN 3.0 CAN LEAD TO TANGIBLE BUSINESS BENEFITS (Part 3 of 6)

In the previous blog entry of this series, I have outlined a customer centric business model, which is also captured in my book The 5-Star Business Network. Now let us delve into the evolution of supply chain models, or how Supply Chain 3.0 came about. In the old model of supply chains, businesses used to

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Mind The Gap

Why do companies achieve far worse performance than what could be feasible with their superior hiring and training capabilities? It appears as if there are some invisible chains that are constantly pulling these companies back all the time. Something significant yet intangible is acting as a brake that inhibits the functionality of the business, causing

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Departmental Silos: The Achilles Heel of Your Company

Businesses are gradually being chained by a number of forces so ubiquitous and accepted by all of us, that we fail to notice their impact on businesses, economies, and people. Today, most organizations become veritable bureaucracies as they grow bigger. Every person sits inside his/her own department and is very careful about making sure that

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Interview Transcript: 5-STAR Network for Profitable Business Transformation

Topic:The 5-STAR Business Networks Interviewer: Ric Bratton of This Week In America Interviewee: Vivek Sood of Global Supply Chain Group (author of The 5-STAR Business Networks) Here is the entire transcript of the interview: Ric Bratton: Welcome back everybody! This Week In America, thank you for joining us! Our website is www.thisweekinamerica.us. As promised, coming up in a

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A Company Is Known By The Company It Keeps – 2

There I was – stranded at the Heathrow Airport again – and cursing myself for trusting British Airways and Heathrow once more. [pullquote align=”left”]However, when it comes to its alliance partners, Qantas leaves a lot to be desired. [/pullquote]Every time I fly out of Australia to Europe, I face a choice – whether to fly

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Have you Seen These Tricks with KPIs?

I came across the following picture on the blog of Thaku Huni and the thought struck me about a situation I encounter quite frequently: If you asked any objective person about the KPIs of the group of six men above – most people will agree that at least on quality (meeting customer specifications about the

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