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The Kraljic Matrix

Flevy

Collaborate with suppliers, or rivals, to manufacture critical components cost-effectively. Move towards reducing unacceptable sourcing risks. Ensure a mix of long-term contracts and annual agreements to save money. Decide on make-versus-buy choices.

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Ohmae’s 3C Model (Strategic Triangle)

Flevy

By prioritizing the optimization of its competencies and internal resources, an organization can foster competition, which is essential to attaining success. For instance, Toyota leverages its expertise in Lean Manufacturing and Continuous Improvement (Kaizen) to maintain efficiency and high quality in its operations.

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5 Factors Determining Success or Failure in the Shift From Project to Product

Planview

He was referring to the ground-breaking shift of digital innovation from the hands of a few tech giants and unicorns to the many enterprise organizations powering the world economy. Dependencies are difficult to tackle in software development since value streams are complex, structured more like an airline network than a manufacturing line.

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KPI Management: Intellectual Property (IP) Strategy KPIs

Flevy

Freedom to Operate Assessments Definition : The process of evaluating whether the development, manufacture, or sale of a product infringes on the IP rights of others. The firm prioritized “Freedom to Operate Assessments” to navigate the complex IP landscape. KPIs and Digital Transformation.

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AI Has Taken the Boardroom by Storm. Here’s What You Must Know.

Planview

No “transformation” was required. Contrast that with Bank of America, a much older institution that’s been undergoing a digital transformation for two decades. If you want to understand the value of a digital operating model, look no further. The AI Factory is not a subset of the digital transformation.

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How 2 Brands Successfully Shook Up Their Sales Strategy

Hubspot Sales

Around the same time it cut ties with Amazon, the company announced that they would be prioritizing about 40 partners — mostly brands willing to give Nike a separate space in their stores. It pivoted its sales efforts to keep pace with digital transformation and saw the results it needed. The results? The investment paid off.

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3 Key Risks for IoMT Product Development

Planview

In this article, we’ll discuss the growing and rapidly evolving IoMT market and how manufacturers can effectively manage three critical risks when prioritizing IoMT innovations. But more importantly, they need to prioritize patient safety, regulatory compliance, and speed-to-market. Cybersecurity.