School might be out but the learning continues...
This quarter we are taking stock of the valuable lessons that can be transported into your business; improving current performance or circumventing mistakes. This issue of KNOWledge brings forward supply chain lessons and a commitment to continuous learning that provides insights regardless of your industry or size.
There is much to learn from mistakes. In fact they might be the most instructive way to educate a company or even an industry. Two high tech icons have provided visible examples in recent years of how even companies at the top of their game can stumble. The measure of these examples doesn’t have to remain focused on write offs or stock devaluations but rather the constructive impact that comes from embracing the errors, recovering and translating big missteps into corporate performance advances.
We also turn to industry leading global supply chains as a source for inspiration. They face some of the very same supply chain challenges we do, typically in greater magnitude yet find innovative ways to overcome.
Finally, we conclude with an article Dr. Kevin C. Desouza, expert in the field of Knowledge Management and Intelligence, has written with Kathleen Geraghty prescribing five ways to learn from your company and supply chain partners. Imagine an education where tuition is already paid, the lessons reside in systems, process, colleagues and partners that together represent your supply chain. Read on and begin tapping into the brain trust that is already at hand.
We look forward to hearing more on your self taught lessons and welcome any case examples from our readership for our readership. Enjoy the summer ahead!
Best Regards,
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