Management
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Product life cycle management (PLM) is about connecting data threads across the business. This includes integrating feedback loops into the product development process with insights related to compliance, quality, financial performance, supply chain delivery, and customers. Customer relationship…
Read articleDisasters can act as brutal audits of organizations to which even venerable institutions like Boeing are subject. In the wake of two fatal crashes, as well as a midflight door blowout, Boeing has shaken up its C-suite and pledged to prioritize safety over profit.
Will these…
Read articleAs leaders, we like being decisive and making quick decisions. We know our businesses well and are willing to act. Doing so without true contrarian input can be dangerous, though.
You can make better decisions simply by identifying and relying on your own personal Mr. Spock. Yes,…
Read articlePreventive maintenance (PM) is a proactive maintenance strategy built on calendar-based maintenance tasks, regular inspection, and preemptive repair of physical assets. Physical assets may refer to equipment, production machinery, and operational facilities. Preventive maintenance tasks are…
Read articleResearchers at Stanford Graduate School of Business have pushed past the limitations of A/B testing into another area of experimentation focused on “multi-armed bandits.” Mohsen Bayati, a professor of operations, information, and technology who has been exploring these problems for the past 15…
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