Bias busters: When good intentions get derailed

Bias busters: When good intentions get derailed

Motivated reasoning can lead people to believe everything’s fine despite evidence to the contrary. Here’s how to counter emotions with facts. Despite their best intentions, executives fall prey to cognitive and organizational biases that get in the way of good decision making. In this series, we highlight some of them and offer a few effective ways…

14 Supply Chain Trends for 2023

14 Supply Chain Trends for 2023

Supply chains are the lifeblood of most, if not all, businesses today. Keeping all supply chain components running as smoothly as possible ensures that your business can provide on-time delivery of products and services, especially with changing consumer demands and supply chain disruptions brought about by the COVID-19 pandemic. Aside from reading up on the…

Supply Chain ‘Normal’ Appears on Horizon, With Sights Set on March

Supply Chain ‘Normal’ Appears on Horizon, With Sights Set on March

Several gauges show ship congestion continues to clear up even as shortages persist Few observers have had a better perch to watch the pandemic slowly clog — and now free up — one of the biggest arteries of global trade than Captain J. Kipling “Kip” Louttit. Two years ago this week, as fully loaded container ships…

Every Leader Needs to Navigate These 7 Tensions

Every Leader Needs to Navigate These 7 Tensions

Summary: In decades past, executives were usually taught to practice command-and-control leadership. Today they’re often advised to be more nimble, more adaptive, and less controlling. The truth is that most executives need to be able to move back and forth between those two leadership styles. This article looks at seven tensions that executives need to…

What Really Makes Toyota’s Production System Resilient

What Really Makes Toyota’s Production System Resilient

Summary.   Toyota has fared better than many of its competitors in riding out the supply chain disruptions of recent years. But focusing on how Toyota had stockpiled semiconductors and the problems of other manufacturers, some observers jumped to the conclusion that the era of the vaunted Toyota Production System was over. Not the case, say Toyota…

How do you stay on course when the direction keeps changing?

How do you stay on course when the direction keeps changing?

What technology companies need to do to create an agile operating model in today’s unpredictable world. Questions to ask Can your operating model stand up in an unpredictable world? Will your operating model propel you into the future? Is your operating model agile enough? The recent rise in global trade-related risks and technology nationalism has…