One Example: Chips in Cars Car manufacturers use computer chips for many functions like navigation and safety features. But due to the pandemic and other factors, there’s a shortage of computer chips, which has caused production cuts and delays. This has hurt car sales and revenue. To deal with this, Read more…
Being mindful of who we are hiring gives the right signals to employees, investors and clients.How Successful Companies Lose Their Edge 4️⃣ Has the rapid pace of hiring led to bad hires?Especially at the manager and director levels. There is a lack of talent management and retention.High variation in managerial Read more…
𝗫𝗲𝗿𝗼𝘅Did you know they were the first to invent the PC?Unfortunately, the management thought going digital would be too expensive and they never bothered to exploit the opportunities they had. 𝗬𝗮𝗵𝗼𝗼Yahoo was one of the main players in the online advertising market. The company decided to focus more on becoming Read more…
Speak up when you see ‘being safe’ become the main strategy rather than ‘serve your customer’. How Successful companies loose their edge 2️⃣ Do we interpret “respect each other” as finding a way to agree with everyone’s opinion? This leads to difficulty in making decisions. Do we prioritise predictability with minimal Read more…
𝗞𝗼𝗱𝗮𝗸:A dominant player in the photography industry, but it failed to keep up with the shift to digital photography. The company was risk-averse and focused on protecting its core business, which was film photography. 𝗡𝗼𝗸𝗶𝗮:World’s leading mobile phone manufacturer, but it failed to adapt to the shift to smartphones. The Read more…
Have you wondered why some things that should be SO easy to do, aren’t? Planning by ERP Vendors is one such mystery for me. Please share your thoughts. .. and a Happy Holi y’all! p.s: If you are a Big ERP Vendor.. err.. bura na mano .. Holi hai ! Read more…
Retailers need to have:• faster lead times• quicker ability to replenish• higher frequency of ordering “Companies [..] Closer to the consumption, better lead times and the agility to [..] respond quickly to the change in demand will survive and have an advantage over competitors” ETRetail Supply Chain Summit: ‘Out of Read more…
Did you watch the Tesla Investor Day presentation? What struck me was how clear each speaker was so clear about the constraint.The ‘Constraint’ word was used around 10 times! If one can1️⃣ Understand the constraints in the business2️⃣ Decide how to exploit the constraint3️⃣ Ensure that all other decisions for Read more…
Small stores can be really great! Small stores can be really greatif they sell the right thingsthat people want to buy. Here’s why: When you go to a small store,the people who work there usually know you by name andcan help you find what you need.This makes you feel special Read more…
Overcome these 3 stumbling blocks and plan like a pro! Planning can be a headache. But it doesn’t have to be. Here are 3 sneaky hurdles that are tripping up your plans: 1️⃣ 𝐀𝐥𝐢g𝐧 𝐆𝐨𝐚𝐥𝐬: 🤝Different teams have different ideas, causing conflicts in planning.To avoid this, make sure everyone is Read more…