management (360)

8272621083?profile=originalSupply chain management across industries is being revolutionized at a rapid pace by technology.  By implementing technology systems, supply chain organizations aspire to eliminate waste, meet customers’ needs at reasonable costs, and ensure profitability.  Enterprise Resource Planning systems facilitate in processing unstructured data at an aggregated level.  However, at workflow or micro level the data produced through ERPs needs to be further refined to understand costs.

Supply chain experts n

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8219693471?profile=originalMediocre people occupying senior leadership positions is one of the chief reasons for the fiasco and humiliation that organizations like Enron and WorldCom faced.  The practice of recruiting average people at the top is omnipresent and often goes unnoticed until the results begin to surface, which is typically too late for any intervention.

Smart people decisions matter a lot in achieving profitability.  Research indicates that a return on average human asset of 5% is typical in many industries. 

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Here’s why Telecom billing & Revenue Management making trend in the Industry. In this era of digitalization, telecom businesses are facing several challenges. The augmented demand for Telecom Billing & Revenue Management is largely due to the accelerated growth of the telecommunication sector. As there is a growing customer base, as well as the implementation of advanced services, is generating a huge burden on the present debit charging system.  This may result in a drop in the quality of servi

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8219694493?profile=originalTraditional Talent Management practices fail to meet the high-potential talent requirements imperative to compete in the digital world today.  In fact, they disappoint the key talent available in the market.

A 2016 Digital Business research by MIT Sloan Management Review and Deloitte on 3700+ executives reveals attracting and retaining talent as the most pressing concern for organizations large or small.  The study indicates that organizations that are still using traditional approaches to manage

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AI in Asset Management is trending and making a Wave in the Industry. Here is what You Need to Know About artificial intelligence and its application in asset management. The artificial intelligence finds its applications in various fields of industries. Presently, the main areas where AI is gaining more attraction is financial assets management that include investment banking, personal financial management, and fraud detection. With the advancement in technology, application of machine learning

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8028337099?profile=originalIn the wake of global pandemics when meeting face to face is not possible, it’s about facilitating workshops digitally, designing a formal agenda, and utilizing digital tools to ensure a productive virtual meeting.  Digital Collaboration Platforms have been pivotal in the current scenario.

As a matter of fact, Digital Collaboration platforms have become a new norm and have forever transformed business work environment.  Digital Facilitation tools are extensively used by facilitators, Change Manag

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8028335301?profile=originalChanging industry ecosystems and competition today demand from the organizations to undergo strategic shifts.  The purpose of a company is undergoing Business Transformation from serving the interest of shareholders to serving all stakeholders that influence the organization.

Shareholders are often considered the only stakeholders that invest in a business.  Senior management needs to be cognizant of the importance of shareholders as well other stakeholders who create value for the organization. 

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A wound happens when the skin, the largest organ of the human body, is broken because of some accident or injury. There are various types of wounds but generally, serious injuries, bleeding wounds, and infectious wounds ought to be dealt with. Management of wound and its recovery is a perplexing and cooperative process that incorporates pre-cleaning, germ treatment, wound healing, infection prevention, and treatment technique.

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This cycle is typically done with the aggregate involvement of special

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8028338467?profile=originalLarge manufacturers are often reluctant to share knowledge with suppliers.  However, supplier networks are considered a great source of gaining competitive edge by Learning Organizations.

A Learning Organization is founded on innovation, free flow of ideas, and a consistent focus on transforming the ways of doing business in order to achieve the desired results.  For instance, Toyota out-performed its competitors in the 2000s era by incorporating the principles of Learning Organization in its cul

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8028334268?profile=originalFinancial crisis, adverse supply shock, technological disruption, or natural hazards and disasters significantly affect global businesses.  Recessions caused by these global incidents and problems have serious outcomes on commodity prices, stock markets, economies, and even countries.

A Downturn can be described as a contracted business cycle with a significant decline in economic activity across markets with subsequent drop in spending, GDP, real income, employment, and manufacturing.  Downturns

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In the modern age, organizations are striving to form a sustainable Supply Chain system to cope with the challenges that are arising. pic-1-Supply-Chain-Sustainability-200x300.jpeg?profile=RESIZE_710xSuch issues include the emission of hazardous substances, excessive resource consumption, Supply Chain risks, and complex procedures.

Through Strategic Planning, organizations around the globe are adopting strategies to become a sustainable organization.  In fact, there is an increasing trend towards organizations adopting sustainable Supply Chain Management practi

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Supply chain thinking used to be limited to the managers of a few global companies—companies that were struggling to coordinate pic-1-6-Core-Pillars-of-Supply-Chain-Management-300x200.jpeg?profile=RESIZE_710xinternal information and materials. This, however, led to an exciting boom in cross-business coordination based on Supply Chain Management concepts.

Today, the field has broadened and shifted over time. Current supply chain trends—differentiation, outsourcing, compression, and collaboration—are being used to restructure supply networks and improve coordination. As more c

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A commonly quoted statistic is that 80% to 95% of the cost of a product is determined by its design and is therefore set before the itempic-1-5-Cost-Management-Strategies-300x200.jpeg?profile=RESIZE_710x enters manufacturing. This assumption suggests that the dominant focus of Cost Management should be during Product Development and not during Manufacturing.

However, contrary to a widely held assumption, companies can integrate a variety of Cost Management techniques not only in the design phase but throughout the product life cycle.  This is to ensure that ther

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Supply Chain Resiliency is the capability of the Supply Chain to be prepared for unexpected risk events. It is the Supply Chain’s ability pic-1-Supply-Chain-Resiliency-200x300.jpeg?profile=RESIZE_710xto respond and recover quickly to potential disruptions. It can return to its original situation or grow by moving to a new, more desirable state in order to increase customer service, market share, and financial performance.

Resilience is currently an increasing concern in the Supply Chain caused by globalization. The Supply Chain is globally being subject to

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There is a general belief among organizations that a large percentage of a product’s costs are locked in by design.  It is assumed that pic1-Integrated-Cost-Management-300x193.jpeg?profile=RESIZE_710xlittle can be done once the design is set.  This assumption has influenced cost management programs across diverse products’ life cycles. As a result, the focus during the design phase is Cost Reduction and Cost Containment during the manufacturing phase.

Yet, organizations that operated in a highly competitive market and demanded aggressive cost management showe

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COVID-19 is shaping a “New Normal”—a Low Touch Economy that requires a strategic response.pic-1-Strategy-Development-Responding-to-COVID-19-240x300.jpeg?profile=RESIZE_710x

The world is changing. Forced isolation and social distancing restrictions have been put into place with the advent of the COVID-19 health crisis. This is not expected to end soon but is expected to have a lasting effect on the world. In fact, a new generation of consumer behaviors is already being shaped.

The new world will not be better off or worse. It will be different. During this period of influx, some

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Have you ever stopped to analyse whether financial risk management is done correctly and efficiently in your company? Do all efforts to avoid bankruptcy in the business? You are likely to be divided when answering this question, as it is sometimes overlooked by managers. 

 

Why prepare to avoid bankruptcy? 

Dealing with market fluctuations and unpredictability is a task for both large and small companies and is a fundamental part of the growth process. 

As the market undergoes constant changes, it i

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Nowadays, sales reps who get to close the sale are those sales reps who get to discover the customer’s real problems. With life getting pic1-Problem-centric-Selling-300x200.jpeg?profile=RESIZE_710xmore hectic and people always on the rush, customers only prefer to spend more on the phone with sales teams who “gets it.” These are the sales reps who do not only get to discover the customer’s real problem but also get to help them problem-solve in new ways.

Yet, a great number of salespersons miss closing the sale and reaching their quotas. In fact, in 2018,

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8028327897?profile=originalSupply Chain Management is getting more and more complex.  The pressure on the Supply Chain information to be made public is also increasing day by day.  With the popularity and widespread use of social media, it has become more and more difficult for organizations to hide information pertaining to supply chain practices, employees’ treatment, suppliers’ processes, or waste materials generated that could affect the environment.  Social media often publicizes negative reports on companies’ supply

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Culture is essential today in helping employees and management survive in today’s environment. Survival has become a strong word pic-1-Lean-Culture-Framework-300x200.jpeg?profile=RESIZE_710xtoday. Without culture, everyone in the organization would act or behave differently. No one would be able to anticipate someone else’s behavior, and no one would understand why people behave the way they do. When this happens, the organization’s performance would be very chaotic.

What is culture? Organizational Culture is a learned process and is developed by the organ

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