The Economist attempts to rethink “low-cost” and “high-cost” manufacturing locations with the publication of this article. In terms of manufacturing and when managers are choosing where to locate a new factory, their decision depends on many things – with cost being one important factor. And with currencies constantly moving too, yesterday’s low-cost location may turn out to be tomorrow’s money-pit…
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The Deutsche Bank, Germany’s biggest bank, is one that speaks with authority as to how things should be done properly. This authority has been fairly earned, as CEO Josef Ackermann, steered this bank through the financial crisis of 2008 in a way that impressed the entire world. This impressive performance was largely influenced by how…
In the latest transport developments: Although it is true that, as compared with other modes of transport, train technology might seem to be progressing rather slowly. New train technologies are less visible and spread less quickly than improvements to cars or planes. However, there is still plenty of innovation going on, and ideas are steadily making…
Google has announced that Eric Schmidt, the firm’s chief executive, will be handing over the reigns as the company’s CEO to co-founder Larry Page. Schmidt will become executive chairman, dedicating his efforts to acquisitions and government relations, while continuing to act as an adviser to Page and Sergey Brin, Google’s other co-founder. While surprising, the…
Purpose – The purpose of this article is to propose an organic, holistic and authentic Personal Branding model that is in harmony with your dreams, life purpose, values, passion, competencies, uniqueness, genius, specialization, characteristics, and things that you love doing. It will help you to build and cultivate an effective Personal Brand that you want to project in everything you do.
I grew-up in Binghamton, New York – actually a “suburb” of Binghamton, New Yorkcalled West Corners.West Corners was a nice little community and, as a child, seemed more akin to “Green Acres” and “The Waltons” than the nearby birthplace of such industrial stalwarts as Endicott-Johnson Shoes (remember “Father and Son Shoes”?), Link Simulation (the founding father of modern simulation) and that…
ByHBR.org
Summary. An outdated way of thinking about peak performance is: “maximum effort = maximum results.” But research shows that it doesn’t actually work that way in reality. Here’s what actually works: The 85% rule, which counterintuitively suggests that to reach maximum output, you need to refrain from giving maximum effort. Operating at 100% effort all of…
