Strategy

20 Years of Experience

It used to bother me when employees with 20 years of experience were referred to as people with 2 years of experience ten times. I thought experience mattered – and it does – only not in the way that I thought. I now appreciate that in most professions breadth of experience matters more. I concede

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Million Dollar Club

Last month Google celebrated its 15th birthday. Within a very short time, this company has become one of the most valued companies in the world with over 50,000 employees and annual revenues over $55 billion (ttm). Google’s membership in my Million Dollar Club is based on revenue per employee of over $1 million. Membership in

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Registered & Screwed

If the supply chain psychiatrist were to run a word association test, the expected answer to associate with the word registered would be screwed! While this may sound harsh, many OEMs are unknowingly caught in a registration system that has long-term consequences for materials cost. Registration is a process, used by manufacturers, which rewards a

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