Research showing that while people may be quite aware that rare events can occur, and may even be able to imagine several examples, they consistently underestimate the probability of at least one such event (including the ones they didn’t imagine) occurring. In other words, we tend to underestimate the size Read more…
“When the company is not limited to a collocated workspace the idea of who can be part of the workforce expands.“ When we are faced with challenges, we sometimes come up with new ways of working. These new ways also give us excellent results. Problem is that when the challenge Read more…
Shortages of computer chips, medical gear and more have the US grappling for solutions. Post pandemic, even companies are wrestling new challenges. How do we ensure that we are effectively dealing with the post Covid challenges as a company or as a country? We need to necessarily look at 3 Read more…
Given the uncertainty and volatility in today’s world coupled with the complexity and ambiguousness of suppliers, the task of building world class supply chain is hard.Below are the capabilities companies need to build in order to get world class supply chain Clear end to end modeling understanding the capacity of Read more…
We always like reading McKinsey’s State of Fashion for the coming year. Some highlights below for Fashion in 2021. You can download the full report here. According to McKinsey Global Fashion Index analysis, fashion companies will post approximately a 90 percent decline in economic profit in 2020, after a 4 Read more…
It is clear to many of us that the world around us is changing. Today, in our world, there is a high speed of change, ever increasing uncertainty, high complexity and increasing ambiguity. How are we reacting to this world? There are 2 possible options: Popular Option: Increase the predictability Read more…
Oddly, 2020 turned out to be one of the best years in the overall retail sector in the past 20 years.Also, more than 27 retailers declared bankruptcy in the first nine months of the year.So if overall revenues are increasing, where have all the shoppers gone? In January, before the Read more…