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Supercharged Supply Chain; Supply Chains in a VUCA World
Our supply chains operate in a world that is full of Volatility, Uncertainty, Complexity, and Ambiguity; a VUCA world where; V = Volatility: there is a lack of stability with what being known today changes often without warning. U = Uncertainty: there is a lack of knowing all of the variables and being able to accurately predict operating conditions….
Natural Gas: Shale of the Century
America’s natural gas industry is still on the up-and-up. Over the past few years, the country’s shale-gas industry has grown by a whopping 45% per year. At this point, the country produces significantly more gas than it requires. Problems the USA are experiencing, such as insufficient storage space and declining gas prices, are problems that…
Management theory is becoming a compendium of dead ideas
The Economist means that business gurus might do well in copying Martin Luther King’s efforts insofar as changing the face of the Catholic Church. How exactly medieval Christianity and the world of management theory can be correlated with one another, becomes clear in this daring article. In summary of the case made: The church was ripe…
Keeping it under your hat: Beautiful minds, wasted
Apple and Tesla are two of the world’s most talked-about companies. They are also two of the most vertically integrated. Apple not only writes much of its own software, but designs its own chips and runs its own shops. Tesla, on the other hand, is another multi-billion venture that aims to transform the world’s power…
Will Amazon Kill FedEx?
So far, for UPS and FedEx, Amazon’s been great for business. But lately, it seems all the more that it’s taking business away from them. With Amazon having spent $11.5 billion on shipping last year—nearly twice what it did two years ago, things are starting look bleak for prominent delivery service companies. When asked about Amazon’s…
Sixty Million Car Bombs: Inside Takata’s Air Bag Crisis
This is the story of how Takata’s failures led to lethal products and the biggest auto recall in history. When Carlos Solis was driving a familiar route in his 2002 Honda Accord, little did he expect that the built in airbags meant to protect him in case of an accident, would be the cause of his death….
