Our flagship business publication has been defining and informing the senior-management agenda since That is the question everyone is asking. The future is not what we thought it would be only a few short months ago.
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In a previous article, we discussed seven broad ideas that we thought would shape the global economy as it struggled to define the next normal. In this one, we set out seven actions that have come up repeatedly in our discussions with business leaders around the world.
In each case, we discuss which attitudes or practices businesses should stop, which they should start, and which they should accelerate.
Most executives we have spoken to have been pleased at how well the sudden increase in remote working has gone. Those days are gone. There is also the risk, however, that companies will rely too much on remote working. Remote working is about more than giving people a laptop.
But the norms associated with traditional work—for example, that once you left the office, the workday was basically done—are important. For working from home to be sustainable, companies need to help their staff create those boundaries: the kind of interaction that used to take place in the hallway can be taken care of with a quick phone call, not a videoconference. Collaboration, flexibility, inclusion, and accountability are things organizations have been thinking about for years, with some progress.
But the massive change associated with the coronavirus could and should accelerate changes that foster these values. Office life is well defined. The boss sits here; the tech people have a burrow down the hall. And there are also useful informal actions. Networks can form spontaneously albeit these can also comprise closed circuits, keeping people outand there is on-the-spot accountability when supervisors can keep an eye from across the room.
Transitioning toward such systems could contribute to building a more diverse, more capable, and happier workforce. Remote working, for example, means no commuting, which can make work more accessible for people with disabilities; the flexibility associated with the practice can be particularly helpful for single parents and caregivers.
Moreover, remote working means companies can draw on a much wider talent pool. Remote working means no commuting, which can make work more accessible for people with disabilities; the flexibility can be particularly helpful for single parents and caregivers.
Operating with a defined mission, a sense of urgency, and only the necessary personnel at the table, people set aside the turf battles and moved quickly to solve problems, relying on expertise rather than rank. But there are ways to institutionalize what works—and the benefits can be substantial. During and after the financial crisis, companies that were in the top fifth in performance were about 20 percentage points ahead of their peers. Eight years later, their lead had grown to percentage points.
The lesson: those who move earlier, faster, and more decisively do best. Many more have been forced to do so because of the current crisis—and have seen positive results.Richard has over 25 years of sales and marketing experience in the supply chain software industry. His skills in sales management and field operations have yielded tangible results within recognized companies such as Logility, Inc.
Richard received his Bachelor of Science degree in Finance from the University of Florida and currently resides in Weston, FL with his wife and three daughters. For more information, please visit www. The article at the time was visionary as it turned the focus of supply chain management from that of cost reduction to using supply chain improvements to drive profitable growth.
While core execution systems create reams of data never once imagined 10 years ago, retailers are challenged more than ever to aggregate the data to support informed business decisions. How does this impact the supply chain professional? There are too many ways to list in this short post but examples include, anticipating late shipments before they occur, understanding which suppliers advance ship notices are accurate or not and what merchant presents us with the most trouble shipments?
Another example of supply chain visibility we discussed in June was the value of monitoring the purchase order lifecycle which provides us the perfect segue into our next V, variability. One of the immutable laws of retail states that in the presence of variability, there will be safety stock. Safety stock has negative ramifications across the entire retail enterprise.
And finally to the CEO, it means lower overall profitability which translates into lower bonuses. As bad as safety stock is, the flipside could be potentially worse. So where is the source of the variability culprit? It can come from a number of sources. It can come from an inaccurate forecast from the inventory planning department where the ripples or the effects get greater as it moves downstream in the supply chain.
It can come from not having visibility into vendor shipping performance leading to inconsistent lead times. Whatever the cause for variability, part of the cure once again is visibility. And whatever the causes of variability, one of the casualties will no doubt be velocity. While seeking low cost manufacturing options in Asia, retailers work tirelessly to shorten the time it takes from product concept to store shelf.
The value from such an exercise is immense. Less capital requirements to fund the operations, faster order-to-cash cycles and reduced manufacturing costs all lead to improved retail profits. From my perspective, visibility, variability and velocity are now more important than ever as it pertains to the retail supply chain. While we broke them out individually for the purposes of this post, in truth they are very interconnected. Visibility is an enabler for velocity. And when a company increases its supply chain visibility and velocity while reducing variability, a more consistent, predictable and ultimately profitable supply chain is just around the corner.
Please join us for the upcoming videocast on the topic of the impact of vendor performance on store inventories, service levels and OOS, where we will dissect the 3Vs of supply chain; Visibility, Variability and Velocity. I thoroughly enjoyed reading your article. From the viewpoint of a student studying supply chain management, the visibility, velocity, and variability are deemed important measures of how the overall supply chain is performing.
The problem arises with how to balance all three of these while limiting costs to a level below the achieved value. If there was a simple solution to this issue, everyone would have a perfect supply chain. In the mean time, firms must continue to increase their visibility and velocity and decrease their variability to drive profitable growth. Excellent post. It explains the 3V's efficiently and effectively, thank you!
This does not go far enough in terms of analysis. Tony Hines offers a much improved analytical framework extending and redefining the original 3 in the digital age.
Check it out! He provides a 7V model based on his research.You spent a lot of time updating your stakeholders and peers, and yet somehow, no one seems to really understand what progress looks like. You, my friend, need to give your team the gift of project visibility — the ability for any team member or stakeholders to look at a project or workflow and know exactly where it is terms of progress. Even if the viewer is not a subject matter expert, they have a general sense of the ultimate goal of the project, and they can see the moving the parts associated with accomplishing the outcomes.
Assuming the project has been planned well, project visibility also gives a general sense of who is responsible for moving specific parts along the project timeline. Someone goes on vacation?
No problem. They have access to everything they need to know as to exactly where the project is at all times. All I have to do is produce a Gantt char t and everyone will leave me alone! A crucial part of project visibility is communicating with the team on a macro-level and setting the stage for on-going micro-level communication.
This is where a communication plan becomes an indispensable part of giving project visibility. Communication usually happens on three tiers in any given project:. Work with your manager and other stakeholders on determining what amount of detail they would like to see in the planand what would be an effective use of their time.
This is also an excellent time to discuss any challenges, risks, and blockers that could potentially hinder the success of the project — especially if it requires some cross-departmental support. The weekly status update can include:. The weekly status update is also a game-changer. If the thought of piling a bunch of information in an email gives you heartburn, you can put all of the status content into a Google Doc instead and email out the link every week. Or worse — it manifests as burgeoning animosity and doubt in the project and its direction.
The hands-down easiest way to handle this is by scheduling a monthly or sometimes even weekly with your most important stakeholders and leaders. Depending on your role, you might also want to do the same for your team members. The monthly is a great place for your team to air any concerns or blockers they have while also realigning them on the ultimate mission and vision of the project.
This kind of project visibility is usually the exact type that a stakeholder needs. And they can only know that if you tell them! On your terms, of course!
These are the messages that go back and forth in email, Slack, Skype… whatever your project management tool of choice is about the project. Every day, you might review comments and messages to keep a tab on where everything is at from a more detailed level.
That said, providing some form of project visuals is a great way to visually communicate how your project is going to roll out. Typically the more in-depth overviews are for team members and people in the trenches. In either scenario, Gantt charts and kanban boards are an excellent way to show the progress in a project.
One of the simplest ways to provide your team project visibility is by leveraging a project management tool with proper visibility features.
This would include features like a kanban boardtasks, subtasks, and Gantt charts to show the high-level view and the detailed plan. You can even take screenshots to send to stakeholders and team members. If they ask you what the progress is on the project one more time, you just might explode. What is project visibility? How to give your team project visibility Okay, great. How do we do that? No, no.
Dear sweet summer child. Weekly Status Update This is one of my personal favorites. The weekly status update can include: Major project accomplishments and wins KPIs, metrics, and progress towards goals Shout-outs to team members who helped make it happen Project roadblocks and plans to overcome them Key insights that came from the project so far Upcoming milestones and project phases Sneak-peek previews of deliverables and progress Visual marker of where you are in the project The weekly status update is also a game-changer.The book follows the story of a straight, white hedge fund manager, Barry Cohen, as he abandons his life to take a trip across America via Greyhound bus.
Along the way, Mr. At some point betweenwhen I transitioned, anda curious thing happened in the relationship between trans people and popular culture. A certain subset of trans people — usually though not always palatable, sympathetic and conventionally attractive — became pervasive, appearing on magazine covers and in prestige dramas. Some even became full-fledged celebrities. And we took on — in some mainstream liberal circles, anyway — an often crude, if occasionally flattering, symbolism: Our presence in a project lent it an air of edginess, sometimes even glamour.Applying the Moon Cycles - Forecasting Trend Changes in Financial Markets
Above all, as Mr. And yet all these narratives emphasizing our authenticity did little to protect us last Sunday, when those in power appeared determined to strip us of our basic rights.
Trans and nonbinary people — by most estimates, not even 1 percent of the population — have come to hold an outsize role in our cultural imagination, especially in the minds of film directors, journalists and fashion and television executives who are still, with some notable exceptions, almost never trans themselves.
Everyone knows we exist, but very few people know one of us well enough to see us as complex, fully formed human beings. Erasure is a battle most of us spend our entire lives fighting against, which is why the memo from the Department of Health and Human Services suggesting that the existence of trans people is, itself, a matter of debate, opened old wounds.
The triumph you see on television only happens if there is a welcoming world to greet us on the other side.
Instantly Gain Visibility on Social Media using these 4 Things.
This past week, for me, raised the question once again: Is there? Women, trans and not, who resist the idea that men have an inherent right to their bodies — at work and at home — are upending conventional wisdom about gender roles.
In these turbulent times, challenging gender norms is not just the territory of trans people. And this special place has meant that there is more space in the wider culture for our stories. And though that has been true, in part, the didactic, often body-focused framing of those stories and the gender-war timing of that visibility has also rendered us into symbols, metaphors, pawns and boogeymen.
I believe that many people of all genders do want to see the rigid state of our gender politics improve, not just for trans people but for all of us. Home Page World U.Historically, minority status has been linked with visibility as a non-White person, and such phenotypical visibility has marked people in terms of racial stigmas and discrimination. But definitions and claims to minority status are increasingly complicated and contested by immigration and the growth of multiracial people, many of whom are racially ambiguous, and some of whom look White.
As the multiracial population in various multi-ethnic societies continues to grow, and diversify, to include multigeneration multiracial people whose non-White ancestries are more distant, questions about recognized minority status will become more pressing. Do we need to rethink the link between minority status and visibility as a non-White person? Throughout this website the term Black is used in a political sense and will encompass those of African, Caribbean, Asian and Arab descent.
In that sense, racial visibility in terms of an unambiguously non-White appearance was an assumed characteristic of minority status, and did not require further reflection.
Orthodox Jews or some Muslims. These groups are presumed to be visibly non-White. Visibility signifying non-White has been central to our understandings of a stigmatized ethnic minority status. But exactly who is considered visible in constantly changing and diversifying multi-ethnic societies, is less than clear. Via a theoretical discussion and review of race scholarship, this article questions the assumed association between minority status and a visible racialized appearance.
I begin the paper with a brief overview of how racial phenotype and racial discrimination are shown to be linked. I then discuss the assumed link between racial visibility and minority status, by addressing the assumptions underlying our understandings of minority status. I then consider the ways in which our understandings of racial visibility and group membership are now increasingly contested. In the final and main part of the paper, I focus on the case of multiracial people as an exemplar of how the neat link between minority status and racial visibility is increasingly problematic.
In doing so, I draw upon some examples of my research on multiracial people in Britain. Many well intentioned people who do not see themselves as racist can end up reinforcing racially discriminatory structures and institutions Bonilla-Silva, Once formed, categories are the basis for normal prejudgment.
We cannot possibly avoid this process. Orderly living depends upon it. Such processes of categorizing each other relies fundamentally on visual cues, many of which have been deeply internalized throughout our lives. This learned visual understanding of the world provides a map, often unconsciously, to how we perceive people.
Not only race, but also gender biases, are deeply held in these ways. Hall, One key physical feature associated with race is skin color, which is a loaded signifier of social value and identity Hunter, ; Jablonski, With ongoing streams of immigration and interracial unions, many contemporary multi-ethnic societies are becoming less white — in terms of their family lineage.
As the multiracial population continues to grow, not just race, but the issue of color and other somatic qualitieswill become even more prominent in both our private and public lives Tharps, In North American or European countries there is no equality policy or documentation which specifically addresses the experiences of mixed people.
In countries where racial mixing has historically been common, such as in Brazil, the issue of phenotypical appearance and more finely grained racial categories has been central to debates about affirmative action policies aimed at disadvantaged people Daniel, ; Telles, Such questions about who is a visible minority, who is disadvantaged by their visibility as non-White, will increasingly engulf university campuses, the public sector, and the courts see Warikoo, Britain is not Brazil, but these questions are not irrelevant for Britain or other multi-ethnic Western societies.
However, this way of seeing is far from objective and of course contextually specific to the seer and the specific location and historical setting. Alcoff,p. While some definitions of minority status refer explicitly to race, many others do not, since minority status can be based upon various bases of disadvantage, such as religion and sexuality.
Many definitions of minority status refer to a category of people who experience relative disadvantage in relation to members of a dominant social group.
One difficulty with all of these terms is that people of quite disparate ethnic and racial backgrounds and appearances and migration histories are all lumped together. Even when we isolate our focus to phenotype based upon ethnic and racial backgrounds, there are ambiguities around who is visibly different, for instance in relation to Jews, Romany people, and many multiracial people.When Sage talks to its manufacturing customers, visibility comes up as a major problem.
In order to scale, business owners need to hire more people, establish more specialized organizational structures, and invest in more technologies. All of these things are important to scale, but they come at a cost: visibility into the entire business. Just as investments in people, processes, and technology are essential for growth, the complexity they introduce can paradoxically create barriers that can hinder it.
Sage Production Management gives discrete make to stock manufacturers and fabricators the tools they need to achieve visibility into their entire production process. By centralizing the production process in a way that is tightly integrated with Sage cloud, assemblers, manufacturers, and fabricators always know their costs, the status of items, and the material quantities required to meet demand.
Sage Production Management, is helping Sage and Sage cloud customers solve core business challenges in three areas: accuracy, visibility, and efficiency. Accuracy With Sage Production Management, businesses can track costs beyond a simple bill of materials.
From thinking about the next normal to making it work: What to stop, start, and accelerate
Support for tracking labor and other job-related aributes like overhead, direct AP costs, and status means that manufacturers can get a complete picture of what it costs to produce an item. Because they always have current and accurate cost reporting, manufacturers can track costs relative to budget in real time and make adjustments to inventory, materials, and production processes with increased agility.
Visibility It is important for manufacturers to know where their items are in the manufacturing process. But it is as important for manufacturing customers to know how their orders are progressing. Thanks to real time access to the status of every item, manufacturers can improve customer satisfaction by setting accurate delivery expectations.
Efficiency Without Sage Production Management, complex inventory management may involve exporting sales order data, manipulating that data in spreadsheets, and manually creating purchase orders to ensure that materials are at levels necessary to meet production demand. Sage Production Management combines sales order data already available in Sage cloud with manufacturing process data to alert users when ordering is needed.
The real time integrated inventory control system with built-in controls also increases data integrity by minimizing errors.
It brings all of the features of Work Order to the modern business object framework while also adding nearly 70 additional features.
More than this, it will serve as the foundation for a connected ecosystem of manufacturing extensions including support for shop floor users, material requirements planning, enhanced scheduling, advanced product configuration, and more. Want to learn more about Sage Production Management? Give VBCC a call at Search this site on Google Search Google.
VBCC Blog. Written by Vrakas Blum. Recent Popular Categories. Recent Posts.Recent events around the world have upended so many aspects of our lives and businesses. People are panic buying toilet paper, eggs, and bread because of a fear of the unknown, and many businesses have had to scramble to stand up a remote workforce with very little time to plan or prepare.
During times like these everyone wants to do what they can to help others. We are fortunate to have partnerships with some incredible organizations in the healthcare field who are fighting on the front lines of this pandemic. For example, one of our customers operates a large network of hospitals and clinics and sprang into action to set up Covid testing stations at several of their locations. To do so required reliable wireless internet access that could be deployed quickly. Another customer, a provider of mental health and wellness services, had an urgent need to increase bandwidth to ease the stress on their network as they enabled doctors and employees to work remotely using video and streaming applications.
The services they provide are more important than ever, so it was essential to help them quickly increase bandwidth to continue serving their patients.
Many of our customers were caught off guard when it became necessary to have employees work from home. One bio-pharmaceutical industry client works on the forefront of discovering therapies and treatments for sick people.
Normally, most of their employees work onsite in a large campus environment. When that was no longer possible, they had to quickly find new tools to support thousands of remote workers around the globe. Everyone at vCom is so proud to be partnered with organizations that are on the front lines helping those impacted by these unique and challenging circumstances. TECHtalk Blog. People Helping People. He oversees a team dedicated to helping vCom customers with the ongoing management of their existing carrier services.
Josh has been with vCom for 6 years, during which time he has focused primarily on Network services and Client Success. He is a passionate customer advocate who appreciates helping customers navigate difficult IT challenges and helping them bring increased shareholder value to their organizations. All rights reserved. Privacy Regulatory. Follow vcomsolutions.
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