Strategy is one of those important business concepts that many cannot recognize, develop or implement, yet businesses that endure have mastered.“Growth” is not a strategy, nor is “increase profits.” Those are goals or objectives. Strategy describes the boundaries, priorities and activities within which those will be achieved.For example, a growth
The business model in manufacturing and distribution has long been own it, sell it, get paid for it. For most of those companies, it still is.But our world is changing. The concept of ownership has a very different place in our thinking, as does the concept of value. The potential
Are you a pneumatic tube operator?A COO is not a COO is not a COO. While the title Chief Operating Officer should indicate range of responsibilities, it does little to describe them.Same for a Buyer, a Plant Manager, or an New Product Development Manager.These titles have very different meanings in
Manufacturing and Supply Chain Expert Lisa Anderson, MBA, CSCP, CLTD, known as the Strongest Link in Your Supply Chain® and President of LMA Consulting Group Inc., regularly works with manufacturers to strengthen their supply chains. “One thing is for sure, supply chains are NOT islands,” Ms. Anderson said. LMA Consulting
The Cleveland Clinic is widely recognized as one of the best medical systems in the world. And its delivery of medical services deserves that recognition.But its costs are unnecessarily high, its critical medical resources wasted, and its doctors and patients needlessly irritated by its short-sighted approach to scheduling.Scheduling, an organizational