Transform SRM into Strategic Relationship Management

chess board BW_Toby Fruge'

In SupplyChainBrain’s 2015 Resource Guide, one of my articles notes that the movement to implement real and lasting collaboration is alive and well in supplier relationship management (SRM). The key point is, how can SRM be truly effective without collaboration that includes processes for transparency and continuous communication, and where suppliers are full partners in managing […]

It’s Logical to get on the Pony

left-brain-right-brain_vaXzine

During the course of my LinkedIn Q&A series on various aspects of Vested, I discussed exactly what I mean when I talk about the Pony, which is a cornerstone of achieving a win-win business relationship that creates and shares value. Briefly, the Pony is the quantified difference in value between today’s current process and the […]

Nuts Going Nuts over Nuts

awwwwww NUTS_ Jessica Merz

Maybe there’s something in the air at 30,000 feet—or even taxiing for takeoff—that sends people over the edge, but this one adds a new dimension to the term “air-rage.” Call it “nut-rage.” According to a BBC News Asia report a Korean Air executive, Heather Cho, was jailed for one year for obstructing aviation after she […]

Conjoined Twins: Opportunity and Risk

Dyer_opportunity_ Live Life Happy

I have written about the nature of risk and how taking a risk averse approach to business relationships is common, but not the best path for long term innovative success. I was reminded of this idea once again following my recent appearance on Jon Hansen’s BlogTalkRadio show with Phil Coughlin, who is President Global Geographies and Operations […]

Transforming the Workplace

In a previous post I talked about the importance of aligning company cultures in order to be successful. There’s an equally important cultural corollary: aligning and modernizing the workplace to join the 21st Century. Guy Laurence, former CEO of Vodafone UK Ltd., talked about the “death” of the traditional workplace in a talk he gave […]

Company Culture Really Matters

i mean_i like her_Twm

We often think companies can work around cultural differences with their partners—or prospective partners—in part because they may be overconfident, or in love with everything else about the deal they are negotiating. But that’s almost always a short-sighted mistake, as outlined in a recent article in SupplyChain247, by John D. Hanson and Steven A. Melnyk, […]

Steal This Post!

opensource_timothyappnel

A recent article on Linkedin’s Pulse raises an issue that many in the arena of ideas and new or emerging business concepts worry about: plagiarism and the concept of “accidental plagiarism.” In “The Biggest Reason We Steal Other People’s Ideas,” Adam Grant writes about kleptomnesia, or “generating an idea that you believe is novel, but in fact was […]

Heading into a Highly Collaborative 2015

Happy New Year 2015_Lenabem_Anna J

When a new year comes around, you know what happens: historians highlight the past, pundits ponder the future, and various lists about the best and worst of the year abound. As I said last year at this time I wonder whether it is all more entertaining patter than productive reflection or context. As we head into 2015 […]

John Ruskin and Penny Wise and Pound Foolish

john_ruskin Duncan_Harris

My friend and colleague Andrew Downard sent along a quote from the 19th century English artist, critic, socialist, and philanthropist John Ruskin in The Common Law of Business Balance that resonates incredibly well with Ailment #1 and the danger of being Penny Wise and Pound Foolish and focusing only on price. The quote attributed to […]

Why is Integrity Important Only after You’re Caught?

tesco_gordonjoly

In a recent blog I questioned some of the supplier practices of Apple. But I don’t mean to single out any one company—it’s the nature of the business that often questionable supply chain practices don’t surface unless there’s a lawsuit or, in the case of Apple, a bankruptcy filing by a supplier. It seems there […]