I’ve written about the Nobel laureate Daniel Kahneman and his groundbreaking work on cognitive biases and behavioral economics both here and more recently in my regular column for Outsource Magazine—but I wanted to share a TED video of his in which he talks about how our “experiencing selves” and our “remembering selves” perceive happiness differently. Kahneman, professor emeritus of Psychology at […]
From the Blog
Big Data is a Big Trend
In a recent post I touched upon Big Data as a bona-fide, long-term megatrend in the logistics space. Actually it is megatrend in every industry sector. Michael Lewis popularized the concept of using Big Data to create a competitive advantage in the best-selling book (and subsequent movie) Moneyball. We know how Big Data is used […]
Megatrends in the Future of Logistics
Earlier this year I came across the annual Material Handling & Logistics U.S. Roadmap, which focuses on long-term predictions—out to 2025!—with a focus on the “megatrends” that will transform logistics. The 67-page report compiles what more than 100 industry thought-leaders had to say about the future in this particular sector, and how it will need […]
Seeking a Long-Term Fix? Try a Partnership
Forever is a really long time, so the notion of FIF, or Fix it Forever, seems impossible, but apparently this could be one of those new business terms that’s coming into vogue now. A good case in point came from a procurement professional from a Fortune 500 company who was brought in solve a “broken” outsourcing […]
A New RFP for the 21st Century
As you all know the dreaded RFP—or Request for Proposals—is a source of tension, angst and for many of us, a lot of grunt work. Plus, the work that goes into an RFP is often a matter of business survival: losing out on an RFP bid process can leave a business with that sinking feeling. […]
IAOP’s P&G Study: Innovation Takes Work, Thought and Partnership!
By now you probably know that P&G’s approach to innovation is very close to my Vested heart – I’ve written extensively about it in books, case studies and blogs. That’s why I’m thrilled to see that others, namely the International Association of Outsourcing Professionals, are also taking notice. Actually IAOP is more than just taking […]
Be Brave! Speak Up!
After last week’s blog—about the elephant in the room—the words to Sarah Bareilles’s song “Brave” kept running through my head, specifically this verse: Say what you wanna say And let the words fall out Honestly I wanna see you be brave With what you want to say And let the words fall out Honestly I […]
Don’t Ignore that Elephant!
At some point we all face an issue or situation that’s commonly called “the elephant in the room”: an obvious truth that is either being ignored or not addressed. The expression arises frequently in business situations where there is a problem or risk that no one wants to talk about. I teach that this is […]
Avoid Chaos — Don’t Cherry-pick the Rules!
Maybe you saw the “Doberhuahau” Audi car commercial during the Super Bowl. If you are like me – you laughed at it and shared the YouTube link to with those who missed it. But sometimes the more you look at the things, the more it helps you learn. On the surface, the commercial is quite […]
Thank Your Partners Today!
On Valentine’s Day, we celebrate our most precious partnerships and the people, especially that special someone, that make life complete. I’m also thinking about the spirit that this day can—and should—bring to our business relationships. I’m not talking about love necessarily, although loving your work makes your business relationships a whole lot easier to deal […]
