Lessons in Cambodian Silk Supply Chains

Mills Scofield

She''s just your ''average'' 20- something creating an international supply chain in the fashion industry, and succeeding. That lack of options means little competition which is tempting but also gave me pause – was it possible to build the kind of supply chain I was imagining?

Complimentary Resource – How to Leverage SRM For Supply Chain Resiliency

Strategy Driven

How to Leverage SRM For Supply Chain Resiliency. by TAKE Supply Chain. Click here for more information on How to Leverage SRM For Supply Chain Resiliency. You just finished reading Complimentary Resource - How to Leverage SRM For Supply Chain Resiliency !

McDonald’s and the Challenges of a Modern Supply Chain

Harvard Business Review

Part of this story relates to the provenance, or origins, of its products: Chains that provide more upmarket “fast casual” dining such as Panera, Chipotle, and Shake Shack have brands that speak of freshness, health, and trustworthy sourcing.

How Can We Increase the Number of Women on Corporate Boards?

Women on Business

in emerging markets, and just 5.6% ” Grace Lieblein, Vice President, Global Purchasing and Supply Chain, General Motors. And it’s not a supply problem with respect to board-ready women.

Three Things Strategy is NOT

LDRLB

Announcing lofty ideals like, “to be the biggest supplier in our chosen market,” sounds great, but without a clear description of how to be the biggest and a series of objectives to measure progress, your leadership still lacks strategy. Marketing.

Lessons from Amazonian Culture and Ecology for Talent Management

Mills Scofield

We’ve built our entire supply chain from the ground up and are the first to introduce guayusa to international markets. Tyler Gage and Dan MacCombie are the founders of one of my favorite startups ever, Runa. We drink the tea in our home all the time.

Using smart goals and data-driven assessment

Lead on Purpose

studies marketing and supply chain management at the Kelley School of Business in Indianapolis, IN. Smart goals and data-driven assessment help employees and managers map career advancement – Guest post by Danielle M. Employees may start angling for a merit increase after a certain amount of time on the job, but discussions about advancement can get uncomfortable — and frustrating — if metrics are left out of the equation.

Goal 133

The Three Most Innovative Companies of 2013

Harvard Business Review

Forbes’s mathematical approach, which calculates an “Innovation Premium” baked into a stock price, suffers from market capriciousness. Both trace their success to bringing new business models to their respective markets. Its core e-retailing model, with its hyper-efficient supply chain, turned the retail world on its head. One can naturally debate any system that seeks to crown the world’s most innovative companies.

As Emerging Markets Slow, Firms Search for “New” BRICs

Harvard Business Review

By all measures, emerging markets are having a tough year. However, multinationals still expect their emerging market portfolios to deliver robust growth and increasing profits based on the memory of their performance in recent, more bullish years. In this new operating environment, I find more and more multinationals looking to new frontier markets for growth while demanding profitability from their emerging-market operations.

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How Can Big Data and Analytics Spur Innovation in New Markets?

Harvard Business Review

In Asia, the applications are endless: Forecasting the revenues of a new business unit; pinpointing bottlenecks in the regional supply chain; even searching for niches in unwieldy consumer markets. Big Data and Analytics could be the twin forces driving innovation in Asia—one provides information while the other sifts through it for precious insight.

Nuclear Power is Clean, Safe, and Reliable… But Can It Be Competitive?

Strategy Driven

Can nuclear plants be operated competitively in today’s market? An evolving energy market, led by cheap natural gas and subsidized renewable generation, threatens the long-term financial viability of America’s remaining nuclear power plants. For over 30 years, U.S.

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The Problem with Procurement

Harvard Business Review

Back in 1983, in a Harvard Business Review article , Peter Kralijc called for the procurement function to take on a larger and more strategic role in managing the supply chain. Marketing

Why Apple Has to Become More Open

Harvard Business Review

And today the company has become more open in a number of areas, as the pressures of the market forces are forcing it to open up even further. That can be a powerful marketing technique if you have the market muscle to pull it off. This is an age of openness and transparency.

Make Your Organization Anti-Fragile

Harvard Business Review

retailer, spent the last three decades improving its supply chain processes, and designing and launching a series of services, including smaller local convenience stores and online shopping. and in its home market in the U.K.

Treat Everything as a Case Study

Harvard Business Review

The sight of gas pumps whose nozzles were covered with bags was a case of poor demand forecasting within the supply chain. Is a supermarket's "Buy one get one free" promotion a loss-leading marketing exercise or a tactic for achieving necessary volume? Marketing

Why Apple Has to Become More Open

Harvard Business Review

And today the company has become more open in a number of areas, as the pressures of the market forces are forcing it to open up even further. That can be a powerful marketing technique if you have the market muscle to pull it off. This is an age of openness and transparency.

What Value Creation Will Look Like in the Future

Harvard Business Review

Value creation in the future will be based on economies of creativity: mass customization and the high value of bringing a new product or service improvement to market; the ability to find a solution to a vexing customer problem; or, the way a new product or service is sold and delivered.

Keeping Work Organized when Your Team Is Fragmented

Harvard Business Review

That's essential to tweaking products and marketing campaigns — or overhauling them when necessary. Many retailers' supply chains stretch overseas and involve many steps and players. Companies increasingly use outside specialists to do their work.

A Better Way to Tackle All That Data

Harvard Business Review

Expect to see machine learning used to train supply chain systems, predict weather, spot fraud, and especially in customer experience management, to help decide what variables and context matter for customer response to marketing.

Understanding Customers Is Everyone's Job

Harvard Business Review

Going to market effectively these days, no matter what business you''re in, means relating to customers as individuals — even if there are millions of them. 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. Collaboration Marketing Operations

China’s Economy, in Six Charts

Harvard Business Review

China’s growth has come largely from a rising labor supply and rapid capital accumulation. Moreover, the population is aging and the size of the labor force is set to plateau in 2016 (See “China’s Labor Market” chart below).

GDP 16

The Global Rise of Female Entrepreneurs

Harvard Business Review

Women-owned entities in the formal sector represent approximately 37% of enterprises globally — a market worthy of attention by businesses and policy makers alike. But, as participants in these programs regularly articulate, they are insufficient without access to capital and markets.

The Real Power of Enterprise Social Media Platforms

Harvard Business Review

More humbly, incompatible communications networks and a less-than-proactive IT department drove a company''s supply chain and procurement teams to use LinkedIns, private Tweets and cut-and-paste Sharepoints to quickly coordinate go-to-market product changes with key vendors.

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The American Dream is Alive and Well, Outside America

Harvard Business Review

As companies expand globally, it''s even more crucial to understand the differences between professionals in different markets. Why is researching workforce motivation in different markets important?

The Rise of the Nano-Multinational

Harvard Business Review

Small and medium-sized enterprises — SMEs — have long been recognized for their vital role in creating jobs and supporting supply chains in national economies. Yet even in this age of globalization, SMEs — their massive presence in the economy and vital role in innovation notwithstanding — are still viewed as largely only effective in their domestic and, occasionally, regional markets. Or check out Jana , a marketing rewards platform that claims 3.48

Where Are the Ray Krocs of the Social Sector?

Harvard Business Review

That's what Ray Kroc did: He franchised a McDonald's, bought the company, and grew it to the largest restaurant chain in the world, with over 31,000 locations today, 80 percent of which are franchised.

The Get-Big-Quick Fallacy

Harvard Business Review

We know that the answers we''ll get are nothing more than hypotheses, which will change as the venture gains experience in the market. That is, individual transactions are profitable, but the company is investing in building infrastructure or marketing to build long-term advantage.

How P&G Presents Data to Decision-Makers

Harvard Business Review

Some of the displays are quite cool — I particularly like, for example, the "heatmap" showing where P&G''s products stand in their respective markets.

Customer Intimacy, Meet Operational Excellence

Harvard Business Review

I described in an earlier post how Tesco worked for years to improve its supply chain capabilities, then leveraged this value by using deeper customer knowledge to enrich customer experiences. As a direct marketer we have been good at customer intimacy.

Get Ready for the New Era of Global Manufacturing

Harvard Business Review

First we see major shifts in demand: developing economies such as China and India are morphing from the world's source of low-cost manufacturing capacity to the world's best market opportunities.

The Real Reason Organizations Resist Analytics

Harvard Business Review

For example, an Asia-based supply chain manager can discover that the remarkably inexpensive subassembly he's successfully procured typically leads to the most complex, time-consuming and expensive in-field repairs. Of course, engineering design and test should be held accountable, but more sophisticated data-driven analytics makes the cost-driven, compliance-oriented supply chain employee culpable, as well.

Innovating Around a Bureaucracy

Harvard Business Review

They were bold and brash and injected fresh new ideas that challenged existing policy and practice in many quarters of the Department of Defense administration (such as finance, human resources, procurement, and supply chain processes).

Jack Ma on Taking Back China’s Blue Skies

Harvard Business Review

Traditional retailers must guess how much demand the market will create for their goods. E-commerce is already allowing Chinese manufacturers to accurately predict demand by improving communication throughout the supply chain, so retailers have less and less inventory sitting idle.

Look Beyond Your "Social Media Presence"

Harvard Business Review

A lot of companies congratulate themselves on having a "social media presence" — by which they mean a Twitter following and Facebook likes and a marketing plan that uses social networks.

What Makes Social Entrepreneurs Different

Harvard Business Review

It is unthinkable, for instance, to imagine a social entrepreneur treating research on the health effects of tobacco use the way the tobacco industry, market analysts, and investors did in the 1960s and '70s.

Standard Operating Procedures Can Make You More Flexible

Harvard Business Review

As Chief Marketing Officer Paul Matsen told me, "We use enterprise-wide standards. There is one marketing communications team, and we work across all our institutes, such as heart and vascular, or cancer. Another example at Cleveland Clinic is in search engine marketing.

Mother Nature Doesn't Do Bailouts

Harvard Business Review

Droughts and floods also enter the risk picture for any company dependent on an agricultural supply chain. Just because Congress — and global climate summits — can't seem to prepare for climate change, doesn't mean the private sector can get away with the same.

Drink Your Way into the Middle Class

Harvard Business Review

This delightful tour through the history and marketing of the “amber restorative” is a blueprint for how to use our aspirational desires to sell us lots and lots of stuff — all over the world. " Today, five of Johnnie Walker’s seven top global markets are emerging markets, and ads from Mexico to Africa exhort the emerging global middle class to “keep walking” or “step up.” Marketing

Class 12

How to Compete When IT Is Abundant

Harvard Business Review

With the swipe of a credit card, the customer support team can move to Zendesk or Desk.com; the HR team lives on Workday; the business intelligence group moves to GoodData or Domo; the finance team logs into Netsuite; the marketing department orbits around Marketo and Salesforce''s marketing cloud. Competitiveness in IT will come from connecting employees and partners in meaningful ways to bring products to market faster (how does a supply chain process shrink from days to minutes?),

Four Things the Private Sector Must Demand on Cyber Security

Harvard Business Review

Our financial, military, healthcare, utilities, communications, commerce, supply chain, and just about every other essential life and business infrastructure system now depends on it.

How the Internet of Things Changes Everything

Harvard Business Review

In many and diverse sectors of the global economy, new web-based business models being hatched for the Internet of Things are bringing together market players who previously had no business dealings with each other.

What 10-Foot Noodles Have to Do with Competitive Advantage

Harvard Business Review

I was in one of the Shanghai locations of a chain of hot pot restaurants called Hai Di Lao. One of the client team members explained that Hai Di Lao pays above-market wages and provides them with high-quality living accommodations, with amenities like WiFi and laundry. Like Hai Di Lao, it has built an integrated, end-to-end system, featuring a unique retail store format, product selection, packaging, and supply chain.

Value-Based Health Care Is Inevitable and That’s Good

Harvard Business Review

Through a concerted focus on our supply chain, we use rigorous value-based purchasing protocols, market intelligence, and business analytics to examine every purchase from the standpoint of value, utility, and outcomes. Vaccines. Anesthesia. Penicillin. Bypass surgery.