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Companies That Prioritize Suppliers and Procurement Can Weather Today’s Crises and Win Tomorrow’s Postpandemic Opportunities, Says New Book from BCG

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In Profit from the Source, BCG Authors Issue a Wake-Up Call to CEOs Who Marginalize Their Suppliers and Procurement Function, Warning, "You're Taking an Existential Risk with the Future of Your Company" BOSTON, June 27, 2022 - Suppliers are the keys to corporate success not only now—in the midst of a global supply chain crisis, rampant inflation, and energy shortages—but also … [Read more...] about Companies That Prioritize Suppliers and Procurement Can Weather Today’s Crises and Win Tomorrow’s Postpandemic Opportunities, Says New Book from BCG

Why do businesses fail?

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A common factor behind the demise of some was their inability to react quickly to changing environments. The business failures have often started with high debt loads, which eventually drove the companies to ruin. By having a well-defined plan in place before taking on debt, it is easier to pay it off and make the company more resilient to external shocks. But, just because … [Read more...] about Why do businesses fail?

How to engage your employees

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Explore new ideas that help you implement a corporate purpose that engages your employees and drives their daily actions. Download the summer issue special report for free.Courtesy of Northeastern University’s D’Amore-McKim School of Business.https://t.co/FMQMeYtusH— MIT Sloan Management Review (@mitsmr) June 25, 2022 … [Read more...] about How to engage your employees

95% of executives believe metaverse will positively impact their industry

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While the #metaverse is still being defined, 95% of executives believe it will positively impact their industry. MGI Councilmember Eric Hazan and @McKinsey senior partner @LareinaYee discuss the potential of this virtual world ➡️ https://t.co/YNJerm3YnK— McKinsey Global Institute (@McKinsey_MGI) June 25, 2022 … [Read more...] about 95% of executives believe metaverse will positively impact their industry

Statement by U.S. Conference of Mayors on SCOTUS Decision to End Women’s Right to Safe, Legal, Accessible Abortion

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WASHINGTON, June 24, 2022 - Today, the conservative majority of the U.S. Supreme Court ended a woman's right to safe, legal, and accessible abortions, voting 5-4 in Dobbs v. Jackson Women's Health Organization to overrule Roe v. Wade and Planned Parenthood v. Casey, ignoring the dangers to women's health and 50 years of precedent. The U.S. Conference of Mayors (USCM) has … [Read more...] about Statement by U.S. Conference of Mayors on SCOTUS Decision to End Women’s Right to Safe, Legal, Accessible Abortion

How many consumers expect to purchase more online in the next six months? One in three

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How many consumers expect to purchase more online in the next six months? One in three. Our most recent #BCGExecPerspectives found that digital momentum continues to pick up speed as most consumers spend online and digitally. https://t.co/o2kRfz5JfD pic.twitter.com/S7fGws2krM— Boston Consulting Group (@BCG) June 22, 2022 … [Read more...] about How many consumers expect to purchase more online in the next six months? One in three

How business can bridge the skills gap?

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One of the problems companies can solve when they collaborate with local education institutions and training providers is to ensure that the professional bodies and institutions are able to to use open source programs. A well-designed and implemented digital apprenticeship program can help bridge the digital skills gap by providing businesses with a ready and trained supply of … [Read more...] about How business can bridge the skills gap?