article thumbnail

Building a Resilient Global Enterprise Inspired by Biology

BCG

Article Wednesday, February 22, 2017. Many global enterprises today have succeeded by following a simple recipe: procure, manufacture, and assemble in the lowest-cost locations, link these using reliable, standardized logistics and information technology, market the resulting products globally, and book profit in low-tax havens.

article thumbnail

A Strategist's Guide to the Digital Grocery

Strategy+Business

The shift to online shopping and in-store pickup for groceries -- led by Amazon and Walmart, heightened by Amazon's purchase of Whole Foods in 2017 -- represents an existential threat to many supermarkets and other food sellers. To be successful, chain stores will need to rethink the digital grocery.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Building a Resilient Business Inspired by Biology

BCG

Article Friday, April 07, 2017. Many global enterprises today have succeeded by following a simple recipe: procure, manufacture, and assemble in the lowest-cost locations, link these using reliable, standardized logistics and information technology, market the resulting products globally, and book profit in low-tax havens.

article thumbnail

Impact of Data Analytics in Consulting

Tom Spencer

Finding valuable insights: Structured and unstructured data sources can uncover patterns and relationships that reveal customer needs, expose system vulnerabilities and improve productivity and performance. Tailoring products to individual needs: Big data allows an organisation to narrowly segment customers. Image: Pexels. References.

Data 106
article thumbnail

The Fight of The Two R’s: Robots v Redundancy

Tom Spencer

While robots were predicted and have led to significant productivity gains, there are at the same time a number of drawbacks (Taylor, 2019). This begs the question, why do we favour productivity and efficiency if the new technology is simultaneously kicking workers out of jobs and diminishing the user experience? 2017, May 10).

System 60
article thumbnail

Why Financial Statements Don’t Work for Digital Companies

Harvard Business

For an industrial company dealing with physical assets and goods, the balance sheet presents a reasonable picture of productive assets and the income statement provides a reasonable approximation of expenses required to create shareholder value. Many digital companies have no physical products and have no inventory to report.

article thumbnail

We Need to Approach AI Risks Like We Do Natural Disasters

Harvard Business

The good news is that natural disasters themselves, which Munich Re says caused $330 billion in economic losses globally in 2017, provide a template for how to mitigate the growing and catastrophic risk posed by AI. AI Insurance Products and Services. Contingency plans must go beyond a natural disaster playbook.