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
Data Outliers and QuestionsWhen looking at a pile of data, sometimes there is a data point that is not like the others. It attracts attention as it is different than the rest of the data.
When I spot something odd in a dataset, I wonder if there is something to learn here. Is this an opportunity to make a discovery or improve a process? Continue reading
I have been an entrepreneur and in business – nonstop – since 1985. And over the course of those 30-plus years, I have gained a lot of experience. But as the saying goes; “Experience is the most difficult teacher, she gives the test first and teaches the lesson after.” So I can say, with some degree of certainty, that I have made every mistake a business person could make. Sometimes, I would repeat the mistake just to be certain. Continue reading
One of the many honors in my career as serial entrepreneur, author and keynote speaker has been my involvement as a keynote speaker at several national and international Ernst & Young (EY) Entrepreneur of the Year Awards, a global competition that fuels and celebrates innovative business thinking. The annual awards were started in Milwaukee, Wisconsin, in 1986 and have now been run in all 50 states and more than 60 countries. Continue reading