On the Path to Probability and Uncertainty?
Is the current situation with the Democratic People’s Republic of Korea on your radar screen as a business continuity planning consideration? Is this situation a realistic risk that your planning should begin to address with a thorough analysis of the potential consequences of an escalation? What about the situation in Syria? Ukraine? Iran? India/Pakistan? Or are these risks too far away and remote to begin to understand? Continue reading
In part one we saw that China has made great strides in terms of product quality, notably in the tech sector. But it still has a long way to go in other products. Driven by the growing middle class, who like all middle class buyers want value for their money, and by the Chinese government’s desire to improve the tarnished “made in China” brand, there is a strong interest in improving product quality. Continue reading
Chains are often associated with oppression and stultification; chained to one’s desk or being on a ‘chain gang’ are immediate analogies. But chains also drive machines, and provide security through their links.
There are also chains of command which, in the security forces such as the military and police, allow command to be exercised through a clearly defined rank structure with defined responsibility, accountability and liability at all levels. Continue reading
Walmart sees the future: Educating its workforce in Supply Chain Management and business.
Last week in its yearly shareholder meeting, Walmart announced several important initiatives that will impact its 1.4 million workers.
Walmart will subsidize college tuition so its employees can earn college degrees in supply chain management and business. These are core assets and differentiators to Walmart and now to more companies. Continue reading
Back in the 1950s and 1960s, Japanese products were synonymous with cheaply made. Anyone over the age of 50 probably remembers cheap Japanese transistor radios when they were a kid. We all believed, in the day, that the more transistors a radio had, the better. That wasn’t necessarily true, but try telling that to a 9-year-old. And of course, we all knew that Japanese radios might claim to have 10 transistors but really only five of them worked. Continue reading