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.