MANAGING in the

NEW WORLD

Miscellaneous

Some ways have been identified which if used effectively, can help weed out the blind spots, that invariably creep up in the supply chain. First of all, new technology needs to be used to track business intelligence on material and stage of supply. Then, incentives for unauthorized subcontracting need to get eliminated. Apple has now implemented such as humane supply chain to ensure such unauthorized subcontracting not take place. Lean manufacturing needs to be tried at various levels, across the chain to minimize wastage of resources. Nike for instance found great success in such implementation. Even when things go wrong, supply chains thrive on continuity. So, one needs to be consistent before effecting the desired changes.

Source:http://mitsloan.mit.edu/ideas-made-to-matter/4-ways-to-handle-supply-chain-blind-spots?utm_source=mitsloantwitter&utm_medium=social&utm_campaign=supply

Uploaded Date:10 January 2019

Jerrold Fine has been a pioneer in the field of hedge funds, having successfully run one of its most successful avatars on Wall Street. He has been a voracious reader, which eventually compelled him to pen down his novel- Make Me Even and I’ll Never Gamble Again. He speaks about how honesty and integrity are most important to any professional’s career. Sometimes devastating experiences can have a profound impact on people. Due to these, obligations may abound. Financial security and diversity in cultural choices are also to be cherished. Management training sessions he feels can elevate the existing skill levels. But they need to be conducted in cohort with strong family values, to make a lasting contribution.

Source:http://knowledge.wharton.upenn.edu/article/trust-honor-integrity-conversation-jerrold-fine-matters/?utm_source=kw_newsletter&utm_medium=email&utm_campaign=2018-11-13

Uploaded Date:10 January 2019

A new course has been launched for the case of climate change and its health effects on people. Air quality, nutrition and human migration have all had a profound impact on the climate. This course has been created in conjunction with the Harvard Global Health Institute. One of the key takeaways from this course will be strategies to tackle the health impacts that climate change is invariably throwing up. The business research methods to be used for this area of study will also be discussed. Also, on the list are ways to communicate the various solutions which could be devised.

Source:https://www.edx.org/course/health-effects-of-climate-change

Uploaded Date:31st December 2018

It has often been observed that people are better at resolving others’ problems, while struggling when the same befalls them. This was tested through a hypothesis recently by researchers from several Chinese universities. It was found out that yes people chose differently. But it also emerged that while speaking for themselves, the subjects had a cautious mindset. This emerged from studying the minute details about oneself. The same people had an adventurous mindset when it came to choosing from others, as the ideas emerged from a broad understanding. This piece of business intelligence must be used by human resource professionals as the same plays out when seeking salary increments. While vouching for others, professionals are quite up front, but cautious when it comes to their own turn.

Source:https://hbr.org/2018/11/why-its-easier-to-make-decisions-for-someone-else

Uploaded Date:21 November 2018

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