Long after CEO Ted Chung brought the credit-card company back from a crisis, he continues to embrace the idea that constant change is the best way to keep a company ready for anything. McKinsey CEO Interview Read the rest of this entry »
Deloitte predicts that in 2015 one billion wireless Internet of Things (IoT) devices will be shipped, up 60 percent from 2014, and leading to an installed base of 2.8 billion devices. Read the rest of this entry »
The sanitary-fittings manufacturer’s chairman, David J. Haines, who is also CEO of Lixil Water Technology, explains how Grohe is meeting changing customer needs through product diversification and innovation—and why CEOs are the ultimate brand managers. McKinsey CEO interview Read the rest of this entry »
Globalization is leading more companies to adopt decentralized organization models—and for good reason. Decentralization offers clear advantages, such as a higher degree of entrepreneurship, increased local adaptation of products, better market intelligence, and faster response times to changes in local demand. However, this model also imposes challenges on manufacturing organizations. In our work with decentralized companies, The Boston Consulting Group has found that many of them show highly variable performance across sites, and limited—or inconsistent—sharing of best practices. As a result, their aggregate performance is mediocre at best. Read the rest of this entry »