Business Management Books: The 25 Most Influential – Ever!

Toyota Production System

In 2011, TIME Magazine assembled a list of what may be considered to be the 25 Most Influential Business Management Books of the modern era. Great books are timeless. They outlive their creators. They live on in the thoughts of their readers. They endure for generations and even centuries, in print or in digital format. [...]

The Toxic Workplace: The Culture of Fear

Fear in the Workplace

Not only does fear destroy any sense of team spirit and pride, but it also shuts down important communication channels, inhibiting the flow of creative, constructive, and corrective ideas upstream. Just how might the front-line employee fall victim to fear at the workplace? In the 1992 classic movie Glengarry Glen Ross, Alec Baldwin masterfully portrays [...]

Crazy Bosses and Great Leaders: Is there a Middle Way?

Management of Organizational Behavior

What kind of a person is your boss? Because most of us work in such close proximity to our supervisor, we cannot help but ask ourselves that question on a regular basis. After all, they exert enormous influence on our lives both within and outside of our place of work. . Is your boss an [...]

Child Labour: Poison to the Ethical Supply Chain

Child Labour Risk Map 2012 from Maplecroft

For children, school is the best place to work. According to the International Labour Organisation, there are over 215 million children working across the world and of these 115 million are thought to be involved in hazardous work. The number of those between the ages of 5-14 and engaged in child labour is estimated by [...]

What is Supply Chain Management? Supply Chains and Information Technology

The Lure of Information Technology

What does supply chain management have to do with information technology? In a word, “everything.” One of the reasons I chose to build a career in SCM was that the supply chain, or logistics practitioner occupies a unique position within most firms: we touch and interact with virtually every other discipline within the company. We [...]

ISM Hosts 98th Annual Supply Management Conference

ISM 98th Annual Conference on Supply Management

ISM 98th Annual International Supply Management Conference & Educational Exhibit   Registration is now open! One of the premier events in the supply chain and logistics management conference circuit is the ISM Annual International Conference. Plans have just been finalized and registration is now open for the ISM’s 98th Annual International Supply Management Conference and [...]

Extending Payment Terms? Short Term Gain Leads to Long Term Pain

Paying the Accounts

“Doing the right thing, even when no one is looking.” If ethics could be summarized in a single phrase, I think this might be it. It applies to the destructive practice in which some buying organizations engage, when they habitually pay invoices late, settling accounts far beyond the negotiated payment terms. In my career as [...]

Humility: An Undervalued Virtue for the Corner Office

Humility

History has not been kind to narcissists and egocentrics. Consider the fates of such figures as Caligula, Julius Caesar, Napoleon Bonaparte, Benito Mussolini, Adolph Hitler, and Saddam Hussein. Reviled dictators all, who burned hot for a while, then met with tragic – some might argue deserved – ends. I don’t know about you, but I [...]

McDonald’s Provides a Peek Behind the Scenes

McDonalds Ad Hungary

McDonald’s Restaurants has taken its fair share of punches in the informal dining sector. Hay-makers have been thrown by everyone from PETA to anti-obesity advocacy groups. Perhaps some of the criticism is deserved. But we do continue to enjoy its products, and as the ld saying goes, “the proof of the pudding is in the [...]

Foxconn: A Minefield for Ethical Labor?

Foxconn Assembly Operations

It’s difficult to compete with slave labor. In spite of recent scrutiny over questionable labor engagement practices and working conditions, Chinese contractor Foxconn, who assemble Apple’s iPhone line – among other items – is again in the spotlight. The David Barboza and Charles Duhigg reported in yesterday’s New York Times that Foxconn has acknowledged using [...]

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