Complimentary Resource – How to Leverage SRM For Supply Chain Resiliency

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Motivate with a Memorable “Vision Phrase” that Matters

Michael Lee Stallard

The foundation is projected to touch the lives of 50,000 children by 2014. When you communicate a memorable vision phrase that matters, the people you lead will be more motivated to help achieve it.

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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. He was an experienced forestry engineer who had managed a number of different cacao and coffee projects in the region.

Keeping Work Organized when Your Team Is Fragmented

Harvard Business Review

Many retailers' supply chains stretch overseas and involve many steps and players. As Charlie Kantz, Vice President Supply Chain with Lighthouse Consulting, told me, many companies lack visibility into, and control over, their products as they move through the pipeline.

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. There are typically five of these projects running every week.

How P&G Presents Data to Decision-Makers

Harvard Business Review

Step into a Business Sphere in Cincinnati, Singapore, or Geneva and you''ll see the same charts and graphs projected.

Six Classes Your Employer Wishes You Could Take

Harvard Business Review

The role of local sourcing and global supply chains are integral to knowing why, how and how much food ends up on people''s plates. Planning and successfully executing a complex meal is an exercise in project management. School is back amid growing controversy and cynicism.

How the Internet of Things Changes Everything

Harvard Business Review

By 2015, according to my own firm''s projections , not only will 75 percent of the world''s population have access to the internet.

How to Compete When IT Is Abundant

Harvard Business Review

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?), We''re seeing retail outlets supply store employees with iPads chock full of product catalogs to improve in-store consultation, enabling them to be instant experts on the latest goods and services.

The Booming Business of Drones

Harvard Business Review

He recently left his post at Wired to work on his own passion project- (DIY Drones )-turned-startup ( 3D Robotics ), which recently raised five million dollars in venture funding. Drones are everywhere.

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

Harvard Business Review

For example, on the Indonesian archipelago, supply chain and distribution logistics present serious challenges — with logistics costs at 24% of GDP, compared with the regional average range of 9-11%. The three main grocery retail chains in Peru grew from 57 stores in 2001 to 155 stores in 2010. The region has piqued executives’ interest, as it benefits from improving business conditions, demand for infrastructure projects, and a strong demographic profile.

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Rethinking the Function of Business Functions

Harvard Business Review

Many of these teams will dissolve once the project is over, and their members may not work together again. for example, set up a unit like this in the early 1980s; merchandising, IT, and supply chain worked together to develop the company's celebrated direct-store-delivery capability, enabled by handheld devices that Frito-Lay developed itself. Business units come and go, but finance, HR, IT, marketing, legal, and R&D are forever.

Crowdfunding’s Big-Bang Moment

Harvard Business Review

The company’s website reported that Kickstarter has now funded over 50,000 projects , with pledges coming from over 5,000,000 individual backers. Since its founding in 2009, Kickstarter has helped fledgling projects raise nearly $1 billion in donations. Organizers determine a minimal level of funding they need to bring the project to fruition, and establish premiums associated with different levels of contribution.

Order in the Strategy Court

Harvard Business Review

If they do so by customizing service, they face off against Supply Chain VPs whom are rewarded for standardizing product delivery; HR VPs develop talent, requiring that the latter take staff away from work, thus forcing them to face-off with Operational VPs who want to keep staff working to meet quarterly forecasts; CFOs protect the bottom line, which leads to face offs with any peer who needs to spend money to achieve their goals.

How Google Flu Trends Is Getting to the Bottom of Messy Data

Harvard Business Review

So as your business adapts to making more and more data-driven decisions, from managing supply chains to hiring the best employees, how can you be confident in your big data decision making process? Churning through, tabulating, and modeling millions of search queries every day, Google Flu Trends can measure, a full two weeks before the CDC, the incidence of influenza-like illnesses (ILI) across the U.S.

Use Tension and Conflict to Create Breakthrough Products

Harvard Business Review

The project demanded rethinking the entire concept of what automotive luxury performance meant. Process Innovation: Supply Chain. In most supply chains, they''re opposite sides of the same coin.

Reflections on Dr. Deming’s Hospital Notes – What Has Changed Since 1990?

Deming Institute

Lean methods, such as value stream mapping and improvement projects carried out by cross-functional teams can break down barriers and increase understanding. Guest post by Mark Graban. About ten years ago, somebody sent me a PDF file of Dr. Deming’s “Some Notes on Management in a Hospital.”

How to Quantify Sustainability’s Impact on Your Bottom Line

Harvard Business Review

We found that sustainable and deforestation-free practices created significant financial benefits for all players in the industry’s value chain. Specifically, our analysis found that the net benefits to ranchers ranged from $18 million to $34 million (12% to 23% of revenues) in net present value projected over 10 years. For slaughterhouses and retailers (Brazilian operations), we also projected positive benefits: $20 million to $120 million (0.01% to 0.1%

What’s Different About Enterprise IT in Africa

Harvard Business Review

Another company, DreamOval , founded by the charismatic Derrydean Dadzie , developed a re-imagined SCM (supply chain management) app for Ghana’s giant state-owned cocoa company, Cocobod, so the world’s second largest national cocoa trading company could better manage the tens of thousands of cocoa farmers who supply it with the beans it sells to the likes of Cadbury.

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How the Internet Saved Handmade Goods

Harvard Business Review

This is typical of the stage of Big Bang Disruption we refer to as “Entropy,” when the supply chain supporting products and services displaced by a disruptive innovation collapse into a kind of economic black hole. The very technologies that likely disrupted the legacy industry in the first place are the same ones devoted practitioners are using to forge new supply chains and digital platforms for a more efficient, better connected version of the old market.

Is the End of GE Capital Good News for Ecomagination?

Harvard Business Review

At times, I’ve been critical about the sometimes-loose definition of what GE “counts” as an ecomagination project (making oil sands production a bit cleaner, really?). And behind that chain lies companies like GE building turbines and engines.

Leadership Development Should Focus on Experiments

Harvard Business Review

Industry research, for example, shows that companies spent more than $24 billion on leadership and management training worldwide in 2013, an increase of 15% from 2012. Another tried generating operational efficiencies through a different supply chain control tower process.

Entrepreneurs Take On Manufacturing

Harvard Business Review

Examples of this trend include the Pebble , a Kickstarter-funded project that has now sold over one million smart watches (and which predated Google’s Android Wear smart watch and the Apple Watch).

The Comprehensive Business Case for Sustainability

Harvard Business Review

For the purpose of this article, we define sustainable practices as those that: 1) at minimum do not harm people or the planet and at best create value for stakeholders and 2) focus on improving environmental, social, and governance (ESG) performance in the areas in which the company or brand has a material environmental or social impact (such as in their operations, value chain, or customers). billion in mining projects since 2010.

Top 10 Sustainable Business Stories of 2012

Harvard Business Review

Over one-third of the world's largest companies surveyed by the Carbon Disclosure Project are already seeing the impacts of climate change on their business. The green supply chain gets some teeth: Walmart changes incentives for buyers. Five Questions For 2013. on to 2013.

Great Brands Never Have to “Give Back”

Harvard Business Review

A recent headline, “JCPenney Releases 2013 Sustainability Report,” reads like the punch line to a bad joke. A few years ago the West Coast hamburger chain Carl’s Jr. What sounded on the surface like a noble effort to show the company’s concern for women, however, failed to square with the chain’s long-standing advertising strategy of appealing to young men by portraying scantily-clad females suggestively eating its products.

Keeping It Professional When You Work in a Family Business

Harvard Business Review

“Succession between generations is a very risky project,” says Fernández-Aráoz, which is why it’s critical to talk early and openly about rules for advancement and what handing off power might look like. Working in the family business can be fraught.

People Are Angry About Globalization. Here’s What to Do About It.

Harvard Business Review

Simply put, business is the 800-pound gorilla where this issue is concerned: 80% of global trade is orchestrated by supply chains of multinational firms. A 2013 Pew Research survey found that business executives ranked ninth out of 10 professions in terms of social contribution, only placing ahead of lawyers. The U.S. is in the midst of a presidential campaign in which both candidates have adopted antitrade stances and one has taken a frankly xenophobic , isolationist stance.