Kahneman, Tversky and cognitive biases Kate Vitasek’s colun/blog for Outsource Magazine (online), published 6 Feb 2014. Nobel laureate Daniel Kahneman, professor emeritus of Psychology at Princeton University, famed for his psychological research into economic science and behavioral economics, laid the foundation for the field of research known as cognitive biases… Here’s the link: http://outsourcemagazine.co.uk/kahneman-tversky-and-cognitive-biases/
Vested
Area Development Online — January 2014
One Size Fits All: “Vested” for Large and Small Companies Article published on January 28, 2014 by Kate Vitasek and Scott R. Schroeder (Owner/CEO, RelianceCM) Companies of all sizes are finding that negotiating and nurturing relationships with suppliers can provide a sustainable competitive advantage. Learn how the “Vested” model is lifting one small, Oregon-based contract manufacturer’s […]
Open Innovation and Knowing Too Much
There’s a somewhat perverse side to innovation that Andy Zynga has touched upon in a Harvard Business Review blog post. Zynga, CEO of NineSigma International, put it this way: “It is a profound irony that the more you know about a particular industry, and the more experience you gain in it, the more difficult it […]
Teaming and Innovation at GM
Mary Barra took the reins as General Motor’s new CEO last week, bringing the “teaming gene” to one of the more hierarchical and siloed major U.S. corporations. GM has been on my mind since mid-2012, when Randy Mott was installed as the company’s new chief information officer, followed quickly by his decision to move some […]
Outsource Magazine — January 2014
Trumping Price-Only with Best Value Article by Kate Vitasek in the January 2 edition of Outsource Magazine. It is likely that no other subject gets as much attention when two companies are entering, or extending, their outsourcing business relationship as the effort to come up with a fair pricing structure. Money is money after all, […]
Logistics & Supply Chain World — January 2014
How to regain lost trust and negotiate a highly collaborative relationship Article by Andrew Downard in the January 2014 issue of Logistics & Supply Chain World. It begins on page 32; here’s the link to the entire magazine: http://www.kamikaze.co.in/jan-issue-2014.pdf
To Start 2014, Pick Three People and Three Books
As I thought about what to write about in my first blog of 2014 I kept coming back to something that the insightful Seth Godin wrote about last month. In a December 20th post, he suggested that if there is “one thing you could do that would transform how 2014 goes for you,” it would […]
Supply Chain Brain — January 2014
Laying the Foundation for 3PL Relationships Supply Chain Brain Executive Briefing from the CSCMP Annual Conference, Denver 2013 In a video interview with Jean Murphy, editor emeritus of SupplyChainBrain, Sean Coakley, Senior VP, Kenco Logistics Services, talks about the importance of Vested for establishing long-term collaborative business relationships. Here’s the link (free registration required): http://www.supplychainbrain.com/content/nc/videos/2013-videos/cscmp-2013/laying-the-foundation-for-3pl-relationships/
What is building for 2014?
When a new year rolls around, you know what happens: historians highlight the past, pundits ponder the future, and I wonder whether it is all more entertaining patter than productive reflection or context. But we all get into to the spirit of the exercise anyway. We know changes can occur in nanoseconds that will impact […]
Virtuosity and Vested – A Likely Pair
Yay! It’s the Christmas season. And right after my son Austin’s bright eyes and excited step, my favorite thing is the music. Concerts everywhere, carolers in the streets. Amy Grant serenades me as I drive. I even recognize the elevator music! It’s a divine time of year. I think about the musicians offering their talents […]