Celebrating episode 100 with John, Nupur, and Kevin. We discuss what will happen to the American worker, usage of social media, and shifting from a consumer to becoming the product.
Heating and cooling systems are based on a complex metric encompassing subjective feelings of comfort and an averaged metabolic rate—that of a 40 year-old man weighing 154 lbs. “When you turn it over to operations, that’s when it all goes downhill,” Brookshire explains.
The “flash” measure of sentiment among manufacturing purchasing managers fell to 47.1 in August, the worst figure in 77 months and a decline from the index’s final reading of 47.8 in July, according to Caixin Insight and Markit Economics. Any number below 50 indicates a deceleration in the manufacturing sector.
Choosing internal shared services over outsourcing can improve risk management, performance management and collaboration―which can often be lost in a sourcing arrangement. Technology companies may be hesitant to migrate fragmented processes―which rely heavily on the skill and experience of the current staff to operate smoothly―to an SSC, but it may be worthwhile in the long run to cut that dependency. Outside of the substantial upfront costs involved with establishing an outsourced or offshore service center, recent concerns show that labor costs are rising in emerging economies such as India, China and the Philippines―which may result in the erosion of offshore benefits. Despite the appeal of a quick-fix, outsourcing should be considered a shift of service, not a solution. Consider resolving the issue internally before involving a third party. You may even find that automation improvements play a large role in partially or fully eliminating the drivers for outsourcing.
A majority of procurement officers (53 percent) named spend visibility as the data metric proven most effective in supporting their operations. However, 69 percent of procurement executives reported that they believe metrics used to evaluate their function drive the wrong behavior within their organizations.
But while the study shows that businesses have a healthy respect for agility, their capacity for it is another story. Fifty-two percent of global respondents (and an equal percentage of U.S. respondents) say their business does not have an IT infrastructure capable of meeting competitive threats. In addition, 49 percent of respondents say they either cannot or do not know if they can shift workloads between public, private and hybrid clouds, or migrate on-premises applications to the cloud. Only 50 percent of respondents say they can develop, test and deploy new business applications for use on mobile devices within six months, with the percentage falling to just 30 percent that can do the same in a one-month timeframe.
This time, I knew I needed someone different. I hired the best coach I know who specializes in “Intuitive Action.” Of course I’m partial to the field of coaching, but in this case I knew I needed it more. While sometimes it makes sense to consult with friends, colleagues, mentors and others, working with a coach is different. Coaches are impartial and are there to challenge you and push you out of your comfort zone. There’s not a better place to find new ideas than in the unknown.
Photo: Daniela Cuevas