On the premise that digitization is causing a radical reordering of traditional industry boundaries, McKinsey & Co. poses the question: What will it take to play offense and defense in tomorrow’s ecosystems? In an attempt to answer the question, this article delves into Japan’s single largest online retail marketplace: Rakuten Ichiba…
Read more here
The issues loom as cargo volumes are rising at the port, with more imports on the way. LOS ANGELES — Rail issues, rising container dwell times and a backlog of ships in China pose threats to continuing supply chain improvements at the Port of Los Angeles. Still, port and union leaders expressed confidence on Tuesday…
Its time for improvement, as always! In the UK, we are constantly reminding ourselves – where others don’t do it for us – that “Productivity is a huge issue”. From Public to Private sector and now even Third sector (not for profit) organisations, calls for increased “efficiency”, “productivity” and “cost-effectiveness” to list but a few…
Business Challenge Business Improvement initiatives are getting a lot of press these days: “…our projects saved over $10M in the first 12 months of deployment using BPM”1. Thus, it seems logical for an organization to jump onto the process improvement bandwagon. Much is promised of business improvement efforts, and there are many capable consultants and…
ByHBR.org
Summary. The pursuit of individual productivity is healthy and worthwhile. However, unless you work independently outside of an organization, the benefits of most “tricks” will be limited. To make a real impact on performance, you have to work at the system level. The author recommends four ways to improve productivity and efficiency by making changes…
Life is a never-ending stream of decisions. From the moment we wake up in the morning to the time we go to sleep, we are making decisions. Even the very act of waking up and going to sleep is a decision. After all, we don’t have to wake up or go to sleep; we make…
ByHBR.org
Summary. Critical thinking is the ability to analyze and effectively break down an issue in order to make a decision or find a solution. At the heart of critical thinking is the ability to formulate deep, different, and effective questions. For effective questioning, start by holding your hypotheses loosely. Be willing to fundamentally reconsider your initial…
