The Economist reports on The American economy’s state of health, how it has deteriorated over the past two decades and proposes some suggestions for how to raise it once more. Factually, America’s economic prospects began to bloom back in the 1990’s, when productivity soared and immigrants and foreign capital flocked to take advantage of what was quickly dubbed the “New Economy”. Sadly, the New Economy is no more…
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It’s all about the people… … the problem is, that seems hard… The joke often goes that managers pick up the Operational Excellence bible and flip through the chapters: hmmm ‘Create Flow’? Sounds confusing… what else we got? ‘Pull at the rate of demand’? Ok, ok, whatever that means…. ‘Remove Waste’! Aha! THAT I like……
Is art and science truly incompatible? “Performing Medicine” is a new series of performances, workshops, and lectures run by British theatre director, Suzy Willson. The series of performances questions the compatibility of the arts and the sciences, but provides no answers. This season, performances are based on the theme of anatomy — what we know…
To remain competitive in the market requires management to take an active role in recognizing and acknowledging that the business environment is changing daily. As Sullivan and Harper (1996) explain, “Today, we face fundamental shifts in technology, markets, human resource development, global distribution, information management, government intervention, and other critical dimensions of the strategic environments in…
According to the BTOES Nov 2017 Operational Excellence survey, sustainability is the biggest focus area for Operational excellence in the coming year, how should this be achieved? Through a system based approach or through a human-centered focus? What do we mean by a human-centered focus for sustainability? There are several elements to a human based…
ByHBR.org
Summary. Visionary leadership is widely seen as key to strategic change. That’s because visionary leadership does not just set the strategic direction — it tells a story about why the change is worth pursuing and inspires people to embrace the change. But research finds that the positive impact of visionary leadership breaks down when middle managers…
ByEY
This article by EY means that maximizing the value of your automation strategy necessarily requires linkage to your people strategy and organizational analysis. Starting with the premise that automation offers tremendous potential for leaders looking to drive transformation in their organization: from cost savings and increased delivery speed, to new operating models, to higher value…
