Not so long ago we associated innovation exclusively with brilliant people or organizations that had the resources to fund extensive research. An innovation meant producing a novel product or service – something differentiated and not easily replicated or improved. But, as we have learned by observing “why companies fail”, without innovation, your organization dies. So every organization, not just the smart or rich, must find ways to innovate and differentiate. The big challenge for you as a leader is getting yours to deliver innovation.Continue reading
What you are asking is impossible. Your team is stuck.
They think there is no practical solution. You have an “impossible” problem!
What should you do?Continue reading
What is Management Myopia?
Myopia is known as near-sightedness, an ability to see near objects clearly while distant objects appear blurry. It is a common complication that afflicts nearly 22% of the population.
Management Myopia is the failure of management teams to see beyond short-term events. While statistics are not available for how many managers suffer with this disease, the gravestones of historic market leaders that are no longer in business suggest that the proportion is very high. That is why every leader should take steps to correct their organizational near-sightedness.
It’s common to find topics around supply chain optimization on the agenda of board meetings – in fact, over 85% of senior executives say that refining supply chain performance is one of their top priorities.
Why is that? Well, a lean supply chain process is crucial to maintaining profit as well as happy and loyal customers.
If you’re new to the planning and logistics side of business, or simply wanting to understand this process better, I wrote this quick guide to help you get a handle on basic best practices for supply chain management (SCM).Continue reading
Think the Snowden problem is limited to secret government groups as the NSA, and can’t happen to you? Then you have not learned the many lessons that apply to every organization. Think again!Continue reading