So, when should a company self-disrupt? Or, more importantly when should you self-disrupt.
Companies face these disruptor questions:
1. What are possible triggers to start (your) self-disruption?
2. When should they (you) self-disrupt?
3. How quickly should they (you) self-disrupt?
4. How should they (you) self-disrupt?
5. What’s their (your) final destination?
6. How are they (you) going to monetize (make money)? Continue reading
Project Management – it’s not covered by a discrete law but when it’s practiced under a contract it’s open to accusations of negligence, just consider the UK’s Hedley Byrne case. Project Management is seen as a risk mitigation measure and, contractually speaking, this requires a duty of care by its practitioners and/or the legal entity represented. Ignorance of legal requirements is no excuse for not knowing they exist. Continue reading
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he PMBOK(Project Management Institute Book of Knowledge) Guide states that project management is the application of knowledge, skills, tools, and techniques to project activities to meet the project requirements. Having a good plan, experienced PM, and excellent team is essential to great project management performance. Managing project risks is key to success. Good project management decisions are vital to project success. To achieve this goal, you need good project management leadership. Continue reading
The COVID-19 pandemic brought to light a stark reality about current supply chains. As Nissan Motor Co.’s Chief Operating Officer Ashwani Gupta points out, “The just-in-time model is designed for supply-chain efficiencies and economies of scale. The repercussions of an unprecedented crisis like COVID highlight the fragility of our supply-chain model.” The U.S. supply chain has so far struggled to adapt and restock pandemic-depleted inventories. There are industrywide shortages and a lag in how many manufacturers are responding. Continue reading
Breaking an old business model is always going to require leaders to follow their instincts. There will always be persuasive reasons not to take a risk. But if you only do what worked in the past, you’ll wake up one day and find that you’ve been passed by. Continue reading