News You Can Use: 2/3/2016

sn_dogs_Ismael Nieto

  • C-suite career advice: Werner Knoblich, Red Hat

    Actually, there are three great pieces of advice that I’ve really taken note of and I’d find it hard to choose between them:
    i) Always strive to make sure that your ego doesn’t get in the way of making the right decision. Successful people always question themselves and continually seek new approaches to problem solving.
    ii) Take the time to make sure you have the right people in the right roles and don’t be afraid to move people around, if you can see a better fit for the team.
    iii) Never take short-cuts when hiring, it can take time to find the right person – but it’s worth the wait.

    http://www.idgconnect.com/abstract/11922/c-suite-career-advice-werner-knoblich-red-hat

  • Why 47 Percent of Your Best People Are Ready to Leave — and What You Can Do About It
    This is an alarmist headline, but the post goes on to discuss communicating with your employees and what you think may be positive feedback, might not register with them that way.

    According to Gallup’s research, 47 percent of your best employees are looking to leave you right now! Furthermore, during the course of surveying over 1.4 million employees, Gallup found that “65 percent of American employees said they had received no recognition from their manager in the last year.” Sixty-five percent is a staggeringly high number — but what if it’s actually incorrect?

    http://www.entrepreneur.com/article/254416

  • Data Breach Response Planning Part II

    Procurement will need to support supplier selection, contracting, engagement, and performance management of all necessary outsourced response services. Procurement will be managing different priorities and requirements from various stakeholders involved in a breach, i.e. all of the departments above, and will be expected to act as a cornerstone in ensuring that different requirements are met and balanced when and where they need to be.

    http://sourcinginnovation.com/wordpress/2016/01/28/data-breach-response-planning-part-ii/

  • You Can Become a Data Scientist. Yes, You.

    You can stay in tune with your business by identifying a handful of key statistics, such as average sales price or revenue per customer, and forcing yourself to track them over time. Soon you will see patterns in the data and identify trends much earlier. Trends that don’t seem to change much week over week may change significantly in the course of three to six months. Tracking over time gives you powerful insights that will help you to improve your business, making you an invaluable asset to your company.

    http://www.entrepreneur.com/article/254665

  • SCMR Columnist Co-Authors New Book on Supply Chain Disputes

    Squire Patton Boggs partner Sarah K. Rathke has published a comprehensive legal and operational guide to successfully managing supply chain relationships. The book, Legal Blacksmith: How to Avoid and Defend Supply Chain Disputes, is co-authored with Rosemary Coates, President of Blue Silk Consulting and Executive Director of the Reshoring Institute.

    The first book of its kind, Legal Blacksmith explains how to optimize supply chain relationships, starting with the first stages of supplier-buyer relationships through handling legal disputes when supply chain relationships fail.

    http://www.scmr.com/article/scmr_columnist_co_authors_new_book_on_supply_chain_disputes#When:14:26:42Z

  • Here’s Why Every Employee Should Have Unlimited Vacation Days

    It’s sad that we’re still compensated according to an assembly-line mentality. We work from whenever and wherever necessary to get results, so it only makes sense that our compensation and benefits reflect that shift.

    http://www.entrepreneur.com/article/269989

  • Which disruptions lose you more money: Black swans or routine risks?

    Dwelling over past risks which have altered the course of business, images of the September 11th attacks, or the 2013 Japanese tsunami or the global financial crisis first spring to mind. Similarly, when managers build their resilience plans, they worry about terrorist attacks or major political events.

    Past Procurement Leaders research has found that procurement professionals spend a lot of time worrying about events which have a low probability of occurring. Whereas the more routine risks of poor weather or machine downtown tend to catch out business and cause higher number of incidents.

    http://www.procurementleaders.com/blog/my-blog–jonathan-webb/which-disruptions-lose-you-more-money-black-swans-or-routine-risks-596025

  • HOW THIS WEEK’S TWITTER DEPARTURES REFLECT TECH’S CULTURE WOES

    But there’s another question worth asking, too, and it’s bigger than Twitter’s own woes: What message does the company send about what it takes to succeed in the tech world when time off is only “well deserved” by those who’ve failed? One source who spoke to Mashable claimed that the four departing Twitter execs “were not people in whom Jack has the highest faith.”

    http://www.fastcompany.com/3055937/lessons-learned/how-this-weeks-twitter-departures-reflect-techs-culture-woes

Photo: Ismael Nieto

News You Can Use: 1/13/2016

sn_windows_Ricky Kharawala

  • A.T. Kearney Is Just Plain Wrong

    Not only are more than half of US manufacturers considering reshoring now, we have some really great examples of success stories including GE Appliance Park, Starbucks, Apple and others. In addition, we can point to other companies such as Haier, Nissan and Smithfield Foods where Foreign Direct Investment (FDI) has directly resulted in the establishment of more manufacturing in America.

    All of the signs and statistics (other surveys by Boston Consulting Group, Alix Partners and several European studies) point to the rebuilding of manufacturing in America and in Western Europe. The trend is strong and we are very optimistic that it will continue to be so. US jobs loss to offshoring is now about equivalent to jobs created or reshored to America. We need to be reshoring supporters and make more of this happen, not detractors.

    http://www.scmr.com/article/a.t._kearney_is_just_plain_wrong

  • How Quitting Can Get You Exactly What You Want

    Quit selling those cheap houses to those unqualified, needy people who he didn’t like working with. If he was going to attract million-dollar sellers, he was going to have to give up on working with $100,000 homes. That meant reaching way out of his comfort zone and giving up on what he had built so far. If Jon was going to gain traction, pick up luxury sellers and earn more money, he was going to have to project the image of expertise, confidence and exclusivity. Exclusivity meaning he had to be selective of who he worked with. The days of taking on any old client were gone. If they didn’t fit the luxury mold, he had to refer them out.

    http://www.entrepreneur.com/article/253924

  • PAGING DR. ROBOT: THE COMING AI HEALTH CARE BOOM

    More than six billion dollars: That’s how much health care providers and consumers will be spending every year on artificial intelligence tools by 2021—a tenfold increase from today—according to a new report from research firm Frost & Sullivan. (Specifically, it will be a growth from $633.8 million in 2014 to $6,662.2 million in 2021.)

    http://www.fastcompany.com/3055256/elasticity/paging-dr-robot-the-coming-ai-health-care-boom

  • Strategic Sourcing predictions for 2016

    the doctor is already seeing a number of 2016 posts about how this is the year we replace “negotiate” with “collaborate” (which the thought leaders have been saying since strategic sourcing decision optimization started becoming common in the leading Sourcing organizations, also known as the Hackett Group top 8%), that analytics will take off (which is the same speech we heard 15 years ago when Business Objects and Cognos were the names in analytics), that the skills gap will finally be addressed (which reminds the doctor of conversations he was having nine years ago), and so on. It looks like the amount of future sh!t that is going to be dumped upon you this year is greater than the truckload Biff Tannen had dumped upon his head in the original Back to the Future movie, way back in 1985. (A reference that is very appropriate because every year at this time it seems we get taken back to the future.)

    http://sourcinginnovation.com/wordpress/2016/01/04/sis-prediction-for-2016-it-will-only-get-hotter/

  • To connect to last week’s podcast, How Millennials Are Affecting the Supply Chain

    Respondents said that the biggest impact millennials will have on the supply chain is in terms of how they change the way consumers buy. The move towards new marketplaces – online, mobile, via social media – will be one of the transformative ways supply chains will be affected.

    http://mhlnews.com/labor-management/how-millennials-are-affecting-supply-chain

  • In 2016, Intel’s Entire Supply Chain Will Be Conflict-Free

    Since Intel and other manufacturers began the program, the profits from mines have started flowing to miners themselves rather than to war. In the last study of three of the major materials—tungsten, tantalum, and tin—a nonprofit called the Enough Project found that the amount of money going to conflict had dropped 65%, and it continues to fall.

    http://www.fastcoexist.com/3055066/change-generation/in-2016-intels-entire-supply-chain-will-be-conflict-free

Photo: Ricky Kharawala

News You Can Use: 1/6/2016

sn_space_Nasa

  • Are you over scheduling? (Let me answer thatYes you are)

    http://www.fastcompany.com/3054966/are-you-overscheduling
  • It’s a New Year and a New Start. How About a New Job?

    If you’ve been working for the same company for several years, are you really certain that you enjoy the work? Or have you been consumed by a hefty paycheck? Changing jobs gives you the ability to not only discover your real passion but also allows you to start making money by doing something that you actually enjoy doing for a living.

    http://www.entrepreneur.com/article/254434

  • 10 habits to be better at your job this year

    4. BE THE PERSON EVERYONE ADMIRES
    From the sought-after industry leader to the person who’s unanimously approved for the promotion, people with great reputations seem to have an easier time at success. But their status doesn’t happen overnight or by chance. The first step in being that person everyone admires is to do what you say you’re going to do. “You can have a reputation of being friendly or nice, but if you don’t get it over the finish line, your reputation will suffer,” says Grace Killelea, CEO and founder of the women’s leadership program Half the Sky

    http://www.fastcompany.com/3054489/hit-the-ground-running/10-habits-to-adopt-now-to-be-better-at-your-job-in-2016

  • Why adversity is good for your career

    STAY HUNGRY
    A benefit of starting out a lower rung is that it instills you with a drive to succeed. This, certainly, is the case of Enio Ohmaye. Previously a senior scientist at Apple, he’s now an executive at EF Learning. But he’s never forgotten the summer he spent as a busboy in Monticello, New York. He lived in a ramshackle house and was berated by the wealthy people he served. Now at the top, he is still attentive to the experience of people at the bottom: “When I interview people,” he says, “I afterwards often ask the receptionist how those people treated them.”

    http://www.fastcompany.com/3054887/how-i-get-it-done/why-adversity-can-be-the-best-thing-for-your-career

  • How to Stay Calm When You Know You’ll Be Stressed

    You’re not at your best when you’re stressed. In fact, your brain has evolved over millennia to release cortisol in stressful situations, inhibiting rational, logical thinking but potentially helping you survive, say, being attacked by a lion. Neuroscientist Daniel Levitin thinks there’s a way to avoid making critical mistakes in stressful situations, when your thinking becomes clouded — the pre-mortem. “We all are going to fail now and then,” he says. “The idea is to think ahead to what those failures might be

News You Can Use: 12/30/2015

sn_CityWeLove_Brandon Redfern

  • Why you should prioritize a sustainable sourcing strategy in 2016

    Making complex supply chains more understandable. This included providing better traceability, simplifying what is asked of suppliers by using agreed standards and generating better relations with producers.

    Mitigating risk. Rigorous auditing, transparency of origin, and outsourcing assurance of responsible practices to local experts helped companies mitigate risks of sourcing from complex supply chains.

    Ensuring sustainable supply for the whole industry. Several companies noted that by their investment in certification, they were strengthening the reputation and ensuring a sustainable future for the whole sector.

    Meeting consumer expectations. By communicating compliance with sustainability standards, companies said they were increasing consumer awareness of sustainable sourcing and creating market differentiation for their products.

    Reflecting a company’s values and heritage. As well as aligning companies’ goals with their values and maintaining trust, certification also provided a way to engage more deeply with employees.

    http://www.procurementleaders.com/blog/my-blog–guest-blog/why-you-should-prioritise-a-sustainable-sourcing-strategy-in-2016-589190

  • Study finds companies are failing to modernize IT

    If your IT team is already overloaded with work and doesn’t have enough employees to get the job done, you can’t expect them to squeeze successful modernization into their schedules. BPI Networks found that businesses report lacking in application development, software engineering and data analysis; all crucial elements of IT modernization. Not to mention that 82 percent of respondents said that they spend half their time managing emergencies and conducting maintenance, which leaves little time for innovation. Business leaders need to ensure that the right people are recruited and that the money exists for these new hires.

    http://www.cio.com/article/3018436/it-industry/study-finds-companies-are-failing-to-modernize-it.html#tk.rss_all

  • AHOY! Whaling is the new Phishing

    “Emails appearing to be sent from the CEO or CFO are used to trick finance staff into making illegitimate wire transfers to the attackers,” the company said in an advisory. “Whaling emails can be more difficult to detect because they don’t contain a hyperlink or malicious attachment, and rely solely on social-engineering to trick their targets.”

    http://www.fastcompany.com/3054978/elasticity/ahoy-whaling-is-the-new-phishing-is-your-boss-really-your-boss

  • Decide Who You Are, or Have it Decided for You (Podcast)

    Minshew understands how growth can change a company — and not always for the better. In this podcast, she explains how a communicating a carefully-crafted list of core values drives everything from hiring to promotions at the company. She says being realistic — and accountable — to your values can shape what ‘great’ means and keep initiative and experimentation alive. “You have to live your values,” says Minshew. “It’s about execution.”


    http://www.entrepreneur.com/article/254111

Photo: Brandon Redfern