Harvard Business Review

MAY 26, 2016

Traditional mass manufacturing is based on principles of “Scientific Management” that date back to the 19th century. Managers hold virtually all decision-making authority. In addition to improved product quality and delivery times, the lean approach has been linked to improved terms of employment.

Lean Manufacturing 8

Lean Manufacturing Supply Chain Apparel Compliance 8

Strategy Driven

SEPTEMBER 2, 2011

Getting the funds that you need from tight fisted management is an ongoing process. Under the rules of supply chain dynamics, one must study your supplier relationships, formalize a plan of outsourcing and develop collaborations. Reduce management’s risk in doing business with you. Productivity gained.

Budgeting 50

Budgeting Planning Strategic Planning Competitive Advantage 50

Harvard Business Review

AUGUST 8, 2014

My work with leaders from Finance, HR, and the C-Suite suggests instead that HR and talent decisions are optimized by  retooling HR   adapting financial and other management frameworks to HR and talent decisions. Human resources Leadership Talent management' Yet this evidence is apparently not well-known.

Charan 13

Charan Finance Human Resources Supply Chain 13

Harvard Business Review

MARCH 29, 2018

In intervention stores, store managers who chose to participate committed to trying out the two changes above, plus five additional changes: Giving a core team of associates a “soft guarantee” or 20 or more hours a week. Managers could also use the app to post additional shifts. The results were striking. We hope not.

Retail 8

Retail Productivity Products Cost 8

Harvard Business Review

APRIL 19, 2016

It could upend supply chains, business models, customer relationships, and even entrepreneurship itself. For example, printing products on demand would significantly reduce the U.S. What happens, for example, if the value of a product’s underlying intellectual property overtakes its production value?

Supply Chain 8

Supply Chain Execution Analysis Technology 8

Harvard Business Review

MARCH 14, 2016

The 20th-century version of globalization was defined by rapidly growing trade in goods, as major multinationals created supply chains that spanned the world. Corporations generate a large share of internet traffic through private networks used to share information and manage their international operations.

Globalization 8

Globalization Supply Chain GDP Operations 8

Harvard Business Review

MAY 12, 2015

Robots, after all, are good at following commands or rote tasks, not the messy world of management, right? In fact, artificial intelligence is quickly encroaching on key aspects of management, like task assignment and performance evaluation. These manufacturing and logistical choices used to be made qualitatively by merchandisers.

Delegation 8

Delegation Supply Chain Merchandising Banking 8

Harvard Business Review

JULY 14, 2017

They grow faster, make more money, and are more valued than companies organized around products and services. A production process turns inputs into outputs and distributes them through a tightly controlled supply chain. Value is in the products and services themselves. Human capital. Intellectual capital.

Intellectual Capital 8

Intellectual Capital Strategy Supply Chain Business Model 8

Harvard Business Review

OCTOBER 16, 2015

Employers can readily apply market forces and supply-chain tools to improve the performance of both. Think of providers and health plans as suppliers and manage them as such. Intel’s collaborative adopted these five indicators to guide the production of, payment for, and purchase of health care services.

Health Care 8

Health Care Supply Chain Incentives Quality 8

Harvard Business Review

MARCH 27, 2012

To do this, he planned to institute global manufacturing platforms so that product "families" would have the same core design no matter where in the world they were sold. This person, let's call him Bill, had been with the company for many years, understood the engineering and supply chain issues, and was well respected by everyone.

Career 15

Career P&L Supply Chain CEO 15

Harvard Business Review

NOVEMBER 15, 2017

That’s why Alibaba and Amazon, for example, create and sprinkle autonomous cross-functional teams across their respective companies to invent and deliver products in new ways. These teams regularly come up with innovations that enable these online retailers to roll out more new products and services faster than their competitors.

Retail 8

Retail Chief Executive Officer Supply Chain Operations 8

Harvard Business Review

JUNE 24, 2015

Lateral moves within your organization can be a great way to build new skills and relationships and get exposure to different products or services. Indeed, corporations like Kraft, consider role rotation standard for building well-rounded leaders , and actively invite promising line managers to take on staff jobs and the reverse.

Chief Operating Officer 8

Chief Operating Officer Supply Chain Finance Mentor 8

Harvard Business Review

DECEMBER 7, 2012

Before companies could fully recover, massive flooding in Thailand caused further disruptions in Asian supply chains. Total losses from those two disasters were very likely greater than the savings companies had won, over the preceding years, by squeezing out costs and making their supply chains so efficient.

Efficiency 8

Efficiency Supply Chain Christensen Crisis 8

Harvard Business Review

NOVEMBER 23, 2016

These threats change the risk management calculus of firms hoping to succeed in a more turbulent world. Owning up to our own behavioral biases is a worthwhile starting point to discussing the problem of managing infrequent, severe events. Small businesses and young businesses are especially vulnerable. Data from the U.S.

Insurance 8

Insurance Risk Management Finance Supply Chain 8

Harvard Business Review

APRIL 18, 2013

retailer Tesco built detailed profiles of customers and then used these insights and a flexible supply chain to customize their products and offers. Creating products and services for market segments of one (" mass customization ") isn''t easy. In a previous post , I described how U.K. How, precisely, did they do this?

Customer Intimacy 8

Customer Intimacy Supply Chain Market Segmentation Human Resources 8

Harvard Business Review

APRIL 20, 2017

Certain tasks, such as talking a client through their frustration with a faulty product or mishandled order will, for now, remain a human task. Yet other elements of the “job” of store associate are still done by humans, including advising in-store customers about product features.

Supply Chain 8

Supply Chain Outsourcing Call Center Organization 8

Harvard Business Review

FEBRUARY 12, 2018

Involve your head of marketing and human resources early. How Self-Managed Teams Can Resolve Conflict. But sometimes it’s a symptom of a deeper problem in your culture, product, or operating model. Are you living up to your own mission and values? You and Your Team Series. Joel Garfinkle. Amit Maimon.

Crisis 9

Crisis Supply Chain Brand Learning-by-Doing 9

Harvard Business Review

DECEMBER 6, 2010

Today, the guild mentality persists within companies, where functions such as marketing, sales, finance, IT, human resources and R&D all have their own area of special expertise. But Frito-Lay stocks its own products. This gives it tremendous cost savings and the flexibility to launch and test new products.

Operations 13

Operations Competitive Advantage Supply Chain Retail 13

Harvard Business Review

SEPTEMBER 1, 2016

Most started out as their company’s first salesperson, its first product developer, or both. Then our head of supply chain would do the same. Our management meetings became long report-outs of all these 10-step programs, and we stopped talking about the customer or what we were trying to do to change our industry.

Company 8

Company Hotels Supply Chain Learning-by-Doing 8

Harvard Business Review

MARCH 13, 2012

But in the report " Sustainability Nears a Tipping Point ," MIT and BCG prove their point with a fast-rising graph of companies that recently put sustainability "on the management agenda.". For them, sustainability is a thing to tackle, a functional area; it's a what , like marketing or product development.

Supply Chain 11

Supply Chain Business Model Trends Quality 11

Harvard Business Review

MAY 7, 2013

For managers, this development creates challenges both long term and urgent. In the same way, industrial product buyers are seeing their relationship to equipment manufacturers changed by smart, connected things. A study undertaken by researchers from the Institute of Technology Management at the University of St.

Supply Chain 8

Supply Chain Business Model Software Long-term 8

Harvard Business Review

OCTOBER 23, 2014

Energy, agriculture, insurance, retail, human resources — no industry is unaffected. Risk and outcomes, as the scenario plays out, will be managed by predictive models, which are powered by machine learning algorithms that will improve their accuracy rates over time. Or lenders’ enhanced abilities to gauge credit risk.

Health Care 8

Health Care Pharmaceuticals Information Technology Supply Chain 8

Harvard Business Review

MAY 29, 2018

Yet, according to the Medical Group Management Association, hospitals’ multi-specialty physician groups lost almost $196,000 per employed physician. However, even factoring in the accounting issues, much of the losses are attributable to “hosting,” rather than managing, practices effectively. Strengthen operations.

Insurance 8

Insurance Incentives System Supply Chain 8

Harvard Business Review

SEPTEMBER 26, 2011

Just as the A's used analytics to find undervalued players who got on base at a disproportionate rate, your company can crunch data to find the offers your customers will respond to best, the price points that will move the most products, or the supply chain configurations that will wring out most cost.

Company 12

Company Supply Chain Competitive Advantage Film 12

Harvard Business Review

FEBRUARY 24, 2016

For too long, employers have outsourced management of their employees’ health care benefits to those with little incentive to improve value. The corporations in the HTA are seeking to improve the supply chain for the 4 million people covered by their plans. It’s highly likely that providers will cooperate.

Health Care 8

Health Care Supply Chain Company Presenteeism 8

Harvard Business Review

APRIL 20, 2016

In the manufacturing example, this is the ideal place to talk about the introduction of a new line or the adoption of a quality management system. Unlike the ad hoc operational meeting, the secret to having a highly productive business builder meeting is to be prepared. Is your supply chain performance worrisome?

Operations 8

Operations Short-term Supply Chain Objective 8

Harvard Business Review

FEBRUARY 3, 2015

By managing the three key properties of networks that either propel you forward or hold you back—breadth, connectivity, and dynamism—you can develop a stronger network and use it as an essential leadership tool. This article will show you how to reinvent your network, by managing these three critical dimensions.

How To 8

How To Diversity Letter Learning-by-Doing 8