Interim: When Was the Last Time Your Company Hired a Surgeon?

Not at all, because you don't need surgeons that often. That's why you don't hire interim managers either, but instead give them a task to deliver. A very important #1 task. A task that achieves a significant effect. Just like a surgeon. Not the cheapest, but the best specialist for the task at hand. There is a widespread misconception about interim management that compares…

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Seek Problems, Generate Profits

Don´t we already have enough problems? Why should we seek out more? Very simple: Call it tasks, opportunities, or challenges, the way to profit requires to solve your problems. Faster, more effectively and at lower cost. Too many problems remain essentially unresolved. Often they are kicked down the road until it´s a big problem. Traditional problem solving suffers from these four ills: Slow identification…

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Strategies to Mitigate Risks from Supply Chain Disruptions

What to do when faced with delays and problems in the supply chain? The high volatility in purchase delivery forces decision-makers to adapt their supply chain strategies. Managers have fundamentally four options to respond. These four critical approaches are: 1) Increase inventory from just-in-time to just-in-case2) Find a second (or third) source of supply3) Reshore production to the US or to regional suppliers4) Leverage…

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Talk is Cheap

We live in the age of experts. There is an expert for every topic. We have a large number of experts at our disposal, especially in management. Who actually is an expert sometimes remains in doubt. A humorous definition is: "An expert is a specialist who has traveled from more than 200 miles afar." Talk is cheap. Getting things done is not. As indispensable…

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