ByHBR.org
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The Economist means that as life expectancy increases, it is accompanied by the rise of chronic diseases, and this further pushes up healthcare spending across the world. As result, it has become clear to many policymakers and healthcare providers that a business-as-usual approach to cost containment is no longer sustainable. To continue delivering accessible, high-quality…
Yes, I’m broaching a hot topic. This article is deliberately not exhaustive, leaving plenty of room for further discussion. My intent: to encourage constructive, informative conversation among my many LinkedIn supply-chain experts. I have done my best to ensure that I have supported all my assertions with facts, analysis and calculations. Here is my theme: Forecast-to-actual demand variation has no…
The Canadian Division of a global food manufacturer saved 28 million dollars in eight months, and saved several plants from closing, despite their high cost of production in an underutilized manufacturing system. It all began when the senior management stopped resisting what the workforce had to say. They returned to zero and started to listen….
Experts have warned us not to get too comfortable with the idea of a suspended lull in the euro crisis. Along with a multitude of other concerns regarding firm-footed countries unwilling to pander, a new concern is being presented by Helsinki, Finland. Recently the Finnish finance minister, Jutta Urpilainen, created a quite a fuss when…
Imagine that you’ve launched a new company initiative, but the transition has been quite bumpy. You calculate that 60% of staff is doing the new behavior correctly, but you want 100% compliance. Rather than getting despondent or even angry at your fellow workers, it’s now time to get out all the tools hidden away in…
Reuters reports that European Union banks have shrunk their loan books by over $5.5 trillion since the global crisis of 2007-08. This, in an attempt to cut risk on their balance sheets, choking off credit to companies and stalling the region’s recovery. As a consequence, businesses hunting credit are now forced to look beyond wary EU banks for…
