Global supply chains are still a source of strength, not weakness
Body of Knowledge Thought Food

Global supply chains are still a source of strength, not weakness

Resilience comes not from autarky but from diverse sources of supply For the best part of a week, the Suez canal was blocked by a 200,000-tonne metaphor. The Ever Given is not just one of the world’s biggest container ships, it is also the emblem of a backlash that accuses globalisation of going too far….

How does Artificial Intelligence Learn
Body of Knowledge Thought Food

How does Artificial Intelligence Learn

Today, artificial intelligence helps doctors diagnose patients, pilots fly commercial aircraft, and city planners predict traffic. These AIs are often self-taught, working off a simple set of instructions to create a unique array of rules and strategies. So how exactly does a machine learn? Briana Brownell digs into the three basic ways machines investigate, negotiate,…

You Don’t Have to Be CEO to Be a Visionary Leader
Body of Knowledge Thought Food

You Don’t Have to Be CEO to Be a Visionary Leader

Summary. Creating a unifying vision for an organization is a fundamental skill for leaders. A simple, bold, inspirational vision can feel almost magical: it brings people throughout the company together around a common goal and provides a focal point for developing strategies to achieve a better future. Unfortunately, however, building a vision has become more…

Cross-Silo Leadership
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Cross-Silo Leadership

How to create more value by connecting experts from inside and outside the organization Though most executives recognize the importance of breaking down silos to help people collaborate across boundaries, they struggle to make it happen. That’s understandable: It is devilishly difficult. Think about your own relationships at work—the people you report to and those who report…

How Toyota thrives when the chips are down
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How Toyota thrives when the chips are down

(Reuters) – Toyota may have pioneered the just-in-time manufacturing strategy but when it comes to chips, its decision to stockpile what have become key components in cars goes back a decade to the Fukushima disaster. After the catastrophe severed Toyota’s supply chains on March 11, 2011, the world’s biggest automaker realised the lead-time for semiconductors…

4 lessons the pandemic taught us about work, life, and balance
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4 lessons the pandemic taught us about work, life, and balance

The COVID-19 pandemic changed the way we work for good. Can it also change it for the better? Consultant Patty McCord reviews four key insights employers and employees alike gleaned from their shift to working from home — and shares how companies can use what they learned in lockdown to creatively and innovatively rethink how…