How great supply-chain organizations work

How great supply-chain organizations work

When redesigning a supply-chain organization, it’s intuitive to look to successful companies’ design choices. But our research finds that other factors correlate better to bottom-line performance. How do decisions about the design of supply-chain organizations affect the overall performance of a business? We recently analyzed the supply-chain organizations of more than 50 companies in a…

What the Big Mac index tells you about currency wars

What the Big Mac index tells you about currency wars

Despite a recent bout of weakness, the dollar still looks strong. Consider the Big Mac index, our lighthearted measure of currency valuation. Of the currencies of the 20 trading partners studied by America’s Treasury, our measure suggests that all have gained relative to the greenback since July, but that all apart from the Swiss franc…

Outliers Inn; Travel Adventures During COVID

Outliers Inn; Travel Adventures During COVID

Welcome to another “open mic” edition at The Outliers Inn with JP and stand-in co-host Don Burshnick who has co-hosted enough episodes that he can be considered the co-co-host. JP and Don start-off the conversation by sharing how refreshing it is to get back out in the field and doing some face-to-face work after being…

The Benefits of Glocalization

The Benefits of Glocalization

“Glocalization” is a portmanteau, or blending, of “globalization” and “localization”.  It is the idea of acting with global intent but with local adaptations; the notion of “think globally, but act locally.”  The glocalization of your business will result in a standardization of the various processes and procedures under which your business operates – and they…

The Risks that go with Globalization

The Risks that go with Globalization

It is undoubtedly and incontrovertibly true that global extreme poverty has declined as capitalism has driven globalization – the trade between and among nations – to increase over time.  Certainly, there are arguments to be made that the growth in wealth has also been increasingly concentrated in the hands of fewer people, but the world…