In the weeks following the onset of the COVID shutdowns, most organizations were in crisis-response mode; but as things return to a normal (or semi-normal) state, business leaders should pause, take some time to assess the efficacy of their actions, and internalize the lessons learned.
In recent years, a new saying has grown popular among many business leaders: “Data is the new oil.” With the advent of IoT, mobile devices, and web services, the volume of data available has increased exponentially. Forward-thinking companies are realizing that there are hidden riches locked inside their information systems; and with the right data … Read More
On his popular TV show “The Profit,” entrepreneur Marcus Lemonis repeats this mantra frequently: successful businesses are built on the three P’s; people, product, and process. The concept has its origins in lean manufacturing, but it has since taken hold across a broader spectrum of industries.
Today’s companies continue to expand to reach global markets, but this has made control of supply chains more and more complex. Companies recognize that developing and executing successful supply chain strategies can be key to gaining a competitive advantage in the marketplace. A key to managing a global supply chain is having strong visibility. This … Read More
Few days back, I was in an unplanned call with Sanjiv. As the call wound up, I concluded my argument saying, “…after all, data is polysemous.” It was quite uncharacteristic that Sanjiv let me conclude that way because he has a nose for debatable ideas and data being labeled polysemous is at the least contentious. … Read More