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Semiconductors: How They Are Made, Where They Are Made, and Why It Matters

For this week’s blog we are going to begin with an unusual declaration before asking you to read what we have to say: We do not really know much about semiconductors; in fact, the vast majority of people have very little understanding about semiconductors despite the enormous impact they have on all of our daily lives. The late British science fiction writer Arthur C. Clarke proposed a few adages that have come to be known as Clarke’s Three Laws: When a distinguished but elderly scientist states that something is possible, they are almost certainly right. When they state that something…

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BLOG, Sustainability

A World Without Plastic Pollution?

Mostly crowded out of recent news cycles dominated by more turbulent news, 175 nations from around the world have passed a landmark resolution that the United Nations Environmental Assembly (UNEA) expects will do for plastic pollution what the Paris Agreement is doing to organize global efforts to address climate change. By 2024, the UNEA will create a legally binding international treaty that addresses the full lifecycle of plastics, promote reusable and recyclable products and materials to replace current plastic usage, and enhance international collaboration and access to technologies that will level the playing field and created a united front in…

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BLOG

Onboarding in the New Normal of Work

While the wave of workplace turnover popularly called “The Great Resignation” still rolls on with no sign of cresting, it is important to remember that most of those people submitting their notices are also starting new jobs somewhere too. What does onboarding look like in the “New Normal” of work, particularly at the kind of forward-thinking employer who is attracting new employees who have decided to leave their old positions and applied for something more aligned with what is important to them? As you might imagine, onboarding involves a little more than introducing the new team member around the office…

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BLOG, FINANCE

The Evolving Role of the CFO

Once upon a time —probably around when most of today’s senior finance executives were starting their careers— the role of a CFO was pretty clear cut: The Chief Financial Officer was responsible for managing the financial actions, cashflow, and taxation issues of an organization, as well as reporting on those matters to the relevant government agencies, the board of directors, and other stakeholders and shareholders; a CFO could be equated with a treasurer or controller; they were bound by financial standards, and their academic and professional background and associations revolved around accounting, finance, economics, and statistical analysis. All of that…

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BLOG

Talking About Talking: Improving Meetings by Asking Important Questions

“This meeting could have been an email.” Who has not had that thought at least once in their working lives? For many people it is a regular sentiment. A general disdain for business meetings is something everyone understands even if they are lucky enough not to experience it often themselves. “This could have been an email,” is printed on sassy coffee cups, captions popular internet memes, and is often fodder for business-related blogs like this one. Rather than linger on the popular distaste for meetings and the longing for the email alternative —well-trodden ground without much new to say— let’s…

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BLOG

Will Automation Cost Me My Job?

A Luddite is someone who is opposed to new technologies and technological change. Admit it. You thought of someone just now, didn’t you? While many people resist change, this is a blog that explores business issues and ideas, so let’s talk about our coworkers, our colleagues, and our network of professional connections. Think about what some of those people say when their familiar piece of software or favourite equipment is replaced by something new. “If it’s not broke, why fix it? I don’t want to learn the ‘new way’ of doing things. There was nothing wrong with the way they…

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BLOG, LIFE SCIENCES

Reforming Pharmaceutical Regulations: A Complicated Conversation Worth Having

The expression, “A camel is a horse designed by committee” is used to express criticism of group decision-making and bureaucracy, and it certainly paints a convincing picture. Imagine yourself describing all the features you wanted in a horse-like animal to an organization responsible for creating creatures only to be presented with a camel on the far side of a lengthy and opaque drafting and manufacturing process. You would be right to be unhappy. “What’s that?” You might ask, pointing at the unsightly thing on its back. “It’s a hump!” The committee’s appointed external communications coordinator would enthuse. “What’s it for?”…

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BLOG, SUPPLY CHAIN — NA

Inventory During Disruption: Striking the Balance Between Efficiency and Risk Management

There are many ways of thinking about inventory. For sales and operational planners and demand forecasters, inventory prompts the eternal ongoing questions: How much do we need? Where do we need it? When will it be needed there? For supply chain executives, the questions are often broader: Where is it coming from? Where is it right now, and in what condition? How is it getting from point of origin, through our distribution network, to its destination? What plans do I have in place if the answer to any of those questions change? For manufacturers, inventory is usually thought of in…

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BLOG, SUPPLY CHAIN — NA

Rethinking Procurement is Long Overdue

When you talk about procurement with supply chain professionals, three common themes often emerge: First, procurement is fundamental and foundational to how businesses operate, even if it is usually the unsung hero in the larger metaphorical cast of characters. Second, procurement should be talked about more often by more people throughout the supply chain organization. Many senior leaders see it as a specialized discipline where subject matter experts can build their whole careers away from the other aspects of supply chain operations, but that can lead to division, departmentalization, and a breakdown of communications. Third, procurement planning and processes are…

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BLOG

The Great Resignation is Both a Crisis and an Opportunity

We were talking about the trend that has come to be called ‘The Great Resignation’ before the term entered the popular imagination, and for the last seven months through our events and our network of senior leaders Executive Platforms has been part of every stage of the ongoing conversation as it grew to its present near-ubiquitous status. First, people debated whether it was even real. (It was and is.) Then they wondered whether it would impact all industries, or just a vulnerable few. (It hit the vulnerable ones hardest first —which to be fair is why we are identifying them…

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BLOG

Digital Transformation: Looking Back, Looking Forward

“It doesn’t matter what you make. The technology has changed.” That’s what Brian Krinock, Toyota’s SVP, Vehicle Manufacturing & Production Engineering, said last spring at NAMES21. He was speaking virtually to an audience of manufacturing executives, but the sentiment carries across almost every profession you can imagine. Keeping up with that change —leveraging technology to do more faster and better for less time, money, and manpower— is one of the dominant forces in business today. While technological progress takes many forms, probably the largest category is Digital Transformation. In reviewing our records in preparation for today’s blog post we compiled…

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BLOG, HUMAN RESOURCES

Survey Results on the Top Priority of HR Professionals

To say weathering a global pandemic has been challenging would be an understatement. Long-running trends have accelerated exponentially as organizations struggled to find short-term workarounds and medium-term solutions under unimaginable circumstances. HR professionals have carried heavier burdens than most as they struggled first to support their people through crisis, then to stabilize and organize a new way of work, and now to look forward and ask, “What’s next?” as they explore a still evolving but forever changed business landscape. Where should HR leaders focus their efforts? We asked our network of Human Resources professionals what their top priority will be…

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BLOG

The Corporate Brand as the Ultimate Connection Between Customer and Company

The power of a brand cannot be overstated. People choose how to spend their time and money not just to satisfy their wants and needs, but also to say something about themselves, if only to themselves. If you reading this right now were offered to select from a list of soft drinks, of snack foods, of clothing brands, of sports franchises —of anything, really— you will have preferences that are not based on sampling all the options and making an informed and dispassionate decision. There is an emotional connection that goes much deeper and can steer people without conscious thought…

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BLOG, FOOD SAFETY & QUALITY

Food Safety Culture from Farm to Fork

A huge part of the job Food Safety professionals do is thinking about how to make sure everybody else is also thinking about food safety. No one person or even team of people can be responsible for the actions of everyone else in the food supply chain. Pick any set of hands that food passes through: Farmer, truck driver, the workers at the processing facilities and distribution centers —even the office staff handling the paperwork— everyone working in the food industry needs to be aware of how they contribute to food safety. Few things are more challenging than transforming a…

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BLOG

Applying Lean Principles to Energy Usage Generates Great Things

Almost a decade ago now, ADM, one of the largest food processing companies in the world, decided to get serious about its electricity consumption. With hundreds of factories, crop procurement collection points, and supply chain infrastructure facilities globally, it was an enormous task. A decision was made to treat the project in the same way manufacturers bring lean principles to their operations: Find the low-hanging fruit first; identify and eliminate waste and improve efficiencies in a series of easy wins and quick victories that convince people positive change can be achieved; encourage input from all levels of the workforce to…

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BLOG, LIFE SCIENCES

The Biopharmaceutical Industrial is Undergoing Explosive Growth: How Do You Do That Carefully?

This past spring at PMWS21, Uwe Buecheler of Boehringer Ingelheim gave a virtual keynote address on leading global supplies in times of high biologics demand both during and after the global pandemic. The whole presentation is well worth watching, but the overarching theme is that the biologics market is growing in leaps and bounds —in 35 years the value of commercially available products have gone from a rounding error on the pharmaceutical industry’s balance sheets to a half-trillion-dollar portfolio with no signs of slowing down— and every company working in this space needs to be organizing its global supply chain…

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BLOG, MANUFACTURING

Viewing Advanced Manufacturing as an Ecosystem

Last month at NAMES21 David Johnson gave a virtual presentation on Nissan Group of North America’s practical approach to transitioning legacy facilities into factories of the future. The whole case study is worth watching, but one of the biggest takeaways is that digital transformation is much more organic than most people suspect. It is not a new technology coming in on top of an existing system and suddenly altering its behavior exactly according to plan. The reality is much more like an ecosystem reacting to change. Systems that were already functioning and communicating and balancing with one another respond and…

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