How great supply-chain organizations work
Body of Knowledge Thought Food

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…

The Benefits of Glocalization
Body of Knowledge

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
Body of Knowledge

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…