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Centralized Decision Making Helps Kill Bad Products

Harvard Business Review

Product termination requires the adjustment of a range of interdependent activities such as product road maps, factory schedules, and supply chains. While this provides for rich discourse and creative license, it may inadvertently create multiple fiefdoms.

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How Blockchain Will Accelerate Business Performance and Power the Smart Economy - SPONSOR CONTENT FROM MICROSOFT

Harvard Business Review

And finally, the blockchain spreadsheet has a mechanism—referred to as a consensus algorithm—that determines what is placed in the spreadsheet by mutual agreement among its users. A blockchain-powered solution would capture information about the product from participants across the supply chain and from different perspectives.

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It’s Never Been More Important for Big Companies to Listen to Local Communities

Harvard Business Review

In 2012, Barrick Gold founder and chair Peter Munk stressed that in today’s environment, “The single most critical factor in growing a mining company is a social consensus — a license to mine.” All of these approaches must extend across the firm and be practiced by contractors down the supply chain.

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Why Climate Change and Other Global Problems Are Pushing Some Business Leaders to Embrace Regulation

Harvard Business Review

On human rights issues, companies have lobbied the UK government for stronger regulation tackling Modern Slavery in corporate supply chains, and the Cambodian government for stronger protection for worker’s rights. Ultimately, long-term legitimacy, reputation, and license to operate are at stake. What’s going on?