EY – Operational Excellence Society https://opexsociety.org Wed, 01 May 2024 19:59:52 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://opexsociety.org/wp-content/uploads/2015/11/cropped-Opex-Favicon-512x512-32x32.png EY – Operational Excellence Society https://opexsociety.org 32 32 The CEO Outlook Pulse |CEOs investing in AI strategy but with challenges emerging https://opexsociety.org/body-of-knowledge/the-ceo-outlook-pulse-ceos-investing-in-ai-strategy-but-with-challenges-emerging/ Sat, 18 Nov 2023 22:54:05 +0000 https://opexsociety.org/?p=31194 This post The CEO Outlook Pulse |CEOs investing in AI strategy but with challenges emerging appeared first on Operational Excellence Society.

CEOs globally recognize the potential of artificial intelligence (AI), but most are encountering significant challenges in formulating and operationalizing related strategies. While over two-thirds see the need to act quickly on GenAI, a similar proportion also report being stymied by uncertainty in this space, making it challenging to respond at speed. While the vast majority...

This post The CEO Outlook Pulse |CEOs investing in AI strategy but with challenges emerging appeared first on Operational Excellence Society.

]]>
How the great supply chain reset is unfolding https://opexsociety.org/body-of-knowledge/how-the-great-supply-chain-reset-is-unfolding/ Sat, 18 Nov 2023 22:43:15 +0000 https://opexsociety.org/?p=31192 This post How the great supply chain reset is unfolding appeared first on Operational Excellence Society.

Companies are making their supply chains more cost-efficient, resilient and sustainable in an increasingly uncertain world. Over the last couple of decades, many supply chains have become linear global chains, stretched to their limit in pursuit of efficient, mass production with low-cost countries, just-in-time inventory and limited inherent resilience. These models were geared towards growing...

This post How the great supply chain reset is unfolding appeared first on Operational Excellence Society.

]]>
How do you stay on course when the direction keeps changing? https://opexsociety.org/body-of-knowledge/how-do-you-stay-on-course-when-the-direction-keeps-changing/ Sat, 22 Oct 2022 17:38:00 +0000 https://opexsociety.org/?p=28777 This post How do you stay on course when the direction keeps changing? appeared first on Operational Excellence Society.

What technology companies need to do to create an agile operating model in today’s unpredictable world. Questions to ask Can your operating model stand up in an unpredictable world? Will your operating model propel you into the future? Is your operating model agile enough? The recent rise in global trade-related risks and technology nationalism has...

This post How do you stay on course when the direction keeps changing? appeared first on Operational Excellence Society.

]]>
How sustainable supply chains are driving business transformation https://opexsociety.org/body-of-knowledge/how-sustainable-supply-chains-are-driving-business-transformation/ Sat, 22 Oct 2022 17:24:00 +0000 https://opexsociety.org/?p=28775 This post How sustainable supply chains are driving business transformation appeared first on Operational Excellence Society.

A survey of supply chain leaders shows the need for visibility on sustainability performance and a holistic business case to drive results. In brief EY teams surveyed 525 executives about their sustainable supply chain practices. Many have long-term strategies but struggle to measure their progress. Business case initiatives for sustainability stretch beyond cost savings to...

This post How sustainable supply chains are driving business transformation appeared first on Operational Excellence Society.

]]>
Are you running an analogue supply chain for a digital economy? https://opexsociety.org/body-of-knowledge/are-you-running-an-analogue-supply-chain-for-a-digital-economy/ Sun, 01 Aug 2021 17:50:00 +0000 https://opexsociety.org/?p=25227 This post Are you running an analogue supply chain for a digital economy? appeared first on Operational Excellence Society.

COVID-19 has exposed long-standing weaknesses in how we make and sell goods. The solution is digitization and automation, in four steps. In brief; the global supply chain, in its current form, is incapable of withstanding the disruptive forces of tomorrow. Fast-changing consumer preference, environmental disruptions and intrinsic changes to the global order are key drivers...

This post Are you running an analogue supply chain for a digital economy? appeared first on Operational Excellence Society.

]]>
How changing customer behavior should change your growth strategy https://opexsociety.org/body-of-knowledge/how-changing-customer-behavior-should-change-your-growth-strategy/ Thu, 21 May 2020 09:35:16 +0000 https://opexsociety.org/?p=22275 This post How changing customer behavior should change your growth strategy appeared first on Operational Excellence Society.

Consumer behavior is changing dramatically all of the time… … If you don’t plan for the future today, you may find tomorrow’s too late. While the immediate response to COVID-19 seems all-consuming, we still need to think of this pandemic in phases. There’s what we must do “now” to manage business continuity, what we must...

This post How changing customer behavior should change your growth strategy appeared first on Operational Excellence Society.

]]>
6 habits of digital transformation leaders https://opexsociety.org/body-of-knowledge/6-habits-of-digital-transformation-leaders/ Sat, 18 Apr 2020 10:59:31 +0000 https://opexsociety.org/?p=21988 This post 6 habits of digital transformation leaders appeared first on Operational Excellence Society.

Companies investing more in new technology make more money. Here’s why, and how you can accelerate your digital transformation. Our latest research finds that companies that excel at digital transformation share six habits. Digital transformation leaders that exhibit these six habits enjoy better financial performance than companies that have yet to adopt them. To catch...

This post 6 habits of digital transformation leaders appeared first on Operational Excellence Society.

]]>
In this transformative age, is trust the most valued currency? https://opexsociety.org/body-of-knowledge/in-this-transformative-age-is-trust-the-most-valued-currency/ Mon, 02 Mar 2020 13:09:47 +0000 https://opexsociety.org/?p=21872 This post In this transformative age, is trust the most valued currency? appeared first on Operational Excellence Society.

Who do you trust? Why do you trust one brand over another?  Integrity and trust have been important for organizations since commerce began and today Trust is very much as good as currency and money in the bank. Here is why… Read more

This post In this transformative age, is trust the most valued currency? appeared first on Operational Excellence Society.

]]>
How can risk foresight lead to AI insight? https://opexsociety.org/thought-food/how-can-risk-foresight-lead-to-ai-insight/ Tue, 26 Nov 2019 11:08:13 +0000 https://opexsociety.org/?p=21413 This post How can risk foresight lead to AI insight? appeared first on Operational Excellence Society.

EY poses the relevant question in this thought-provoking article: When it can take only one mistake — or a perception of a mistake — for a user to stop trusting AI, how can you earn and sustain user trust? For every challenge in business is an opportunity for AI, however, organizations are holding back in...

This post How can risk foresight lead to AI insight? appeared first on Operational Excellence Society.

]]>
2019 EY CEO Imperative Study https://opexsociety.org/thought-food/2019-ey-ceo-imperative-study/ Sun, 21 Jul 2019 19:11:53 +0000 https://opexsociety.org/?p=21089 This post 2019 EY CEO Imperative Study appeared first on Operational Excellence Society.

EY begs the question: For CEOs, are the days of sidelining global challenges numbered? In attempting to answer, EY shares the official 2019 EY CEO Imperative Study – revealing that investors and boards expect CEOs to respond to humanity’s greatest challenges. In fact, it has found that it’s the new growth imperative. But how exactly...

This post 2019 EY CEO Imperative Study appeared first on Operational Excellence Society.

]]>
AI and Trust https://opexsociety.org/thought-food/ai-and-trust/ Wed, 12 Sep 2018 11:24:03 +0000 https://opexsociety.org/?p=19180 This post AI and Trust appeared first on Operational Excellence Society.

As part of a collection of insights about digital trust, this article means that the transformative potential of AI is high, but so are its risks. IN the light of the use of artificial intelligence (AI) and machine learning proliferates, which means that AI technologies are rapidly outpacing the organizational governance and controls that guide their use,...

This post AI and Trust appeared first on Operational Excellence Society.

]]>
WORKFORCE The future workplace: How to automate intelligently https://opexsociety.org/thought-food/workforce-the-future-workplace-how-to-automate-intelligently/ Tue, 31 Jul 2018 19:38:53 +0000 https://opexsociety.org/?p=19034 This post WORKFORCE The future workplace: How to automate intelligently appeared first on Operational Excellence Society.

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...

This post WORKFORCE The future workplace: How to automate intelligently appeared first on Operational Excellence Society.

]]>
The disruption reality – how are organizations actually reacting? https://opexsociety.org/thought-food/disruption-reality-organizations/ Wed, 15 Mar 2017 20:00:16 +0000 https://opexsociety.org/?p=17466 This post The disruption reality – how are organizations actually reacting? appeared first on Operational Excellence Society.

Inspired by The Economist Disrupters series, EY poses its own take on disruption in the face of few organizations and industries able to escape the “disruption reality” nowadays. On par with the Economist Intelligence Unit report, EY contents that the only real choice for those wishing to thrive is to embrace disruption – as opposed to...

This post The disruption reality – how are organizations actually reacting? appeared first on Operational Excellence Society.

]]>
The gig economy: transforming the workforce https://opexsociety.org/thought-food/gig-economy-transforming-workforce/ Wed, 18 Jan 2017 13:48:05 +0000 https://opexsociety.org/?p=16928 This post The gig economy: transforming the workforce appeared first on Operational Excellence Society.

EY reports on the phenomenon of the gig economy – swiftly changing the landscape of work – and transforming the shape of the workforce along with it. Contending that the rise of the gig economy is helping organizations address needs such as dealing with rapidly shifting consumer preferences and competing with more nimble start-ups, it’s safe...

This post The gig economy: transforming the workforce appeared first on Operational Excellence Society.

]]>
Trust in the Workplace https://opexsociety.org/thought-food/trust-workplace-2/ Thu, 14 Jul 2016 14:09:04 +0000 https://opexsociety.org/?p=14777 This post Trust in the Workplace appeared first on Operational Excellence Society.

EY research report coined “Global Generations 3.0” has revealed that less than half of full-time workers fully trust their employer, boss or colleagues. The online survey of over 9,800 full-time workers, age 19-68, at companies of varying sizes in various countries, explored a wide variety of areas relevant to (the lack of) trust in the...

This post Trust in the Workplace appeared first on Operational Excellence Society.

]]>