The manager good at building and the one good at destroying
There are several management levels in every organization, however, there is one distinction worth noticing: demarcation between managers who build and managers who destroy. They will both remain relevant in their own unique ways (yes, even the destroyers). However, understanding the attributes and strategies employed by each one of them is the cornerstone separating the successful growth from chairing operational disarray.
Unlocking Innovation and Addressing Ethical Concerns: The Role of Open Innovation, Local Ecosystems, and Responsible Corporate Practices
Despite the fact that open innovation and local ecosystems possess quite a few advantages, they can be used for unethical corporate practices. For example, corporations may penetrate foreign markets characterized by government grants and incentives only to ignore the operations once the incentives have been exploited. Such companies may be able to back their operations through an outsourcing ecosystem without damaging to the European Union funds but transferring their processes to their home country. Even though this form of behavior is legal more or less, it poses ethical issues.
Nokia is not the only one, in my humble opinion
The Nokia failure has been for years a case study for all business schools. That is the example of how overconfidence can destroy the business itself. The pride of "not invented here" is a devil in the current dynamic world where smart and motivated people can be located in a small village in small unknown Country, having sometimes the power to disrupt the world using a intenet connection. Did really Nokia case teach the business leaders about the risks of overconfidence?
Why large Companies sometimes shut down their most efficient and profitable factories
It seems quite weird when you hear that large corporations close factories which are efficient and profitable. Actually, corporate behaviour is affected uby both internal and external factors which go more than just the economic bottom line.
10 key reasons why Lean production implementation could fail, especially in Europe
Here are ten key possible reasons for the failure of Lean production, Operational Excellence (or whatever you want...
Unlocking Innovation: The Advantages of Divergent Thinking for Your Company
In today’s fast-paced business world, innovation isn’t just an advantage—it’s a necessity. That’s where divergent thinking comes into...
Trieste port: current development and future prospects
Trieste, often celebrated as the "Gateway to Central Europe," is home to one of the most strategically significant ports in the Mediterranean. Over the past few years, the Port of Trieste has undergone substantial transformations, solidifying its role as a key hub for international trade. These ongoing and planned developments are not only reshaping the port's infrastructure but are also expected to have a profound impact on the region's economy and its global maritime status.
Top 10 Manufacturing KPIs?
Are the following really the top 10 Manufacturing KPIs?
Well, It depends on your perspective, your goals, and the approach you choose to take. Engineering is sometimes not just about mathematics but also about philosophy.