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Complacency Costs Honda and Toyota Market Share in U.S.
The Battle Between Asian Rivals Honda and Toyota have fallen down in three areas: New Product Development, Total Quality Management, and Supply Chain Management. As a result, they have lost market...
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MF Global: Déjà Vu All Over Again?
MF Global may have disguised its debt levels to investors by temporarily reducing the amount of debt shown on its books at the end of the quarter before publically reporting its finances (source: WSJ)....
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How Steve Jobs Rose to the Top
“The dwarf sees farther than the giant, when he has the giant’s shoulder to mount on.” —Samuel Taylor Coleridge, in The Friend (1828) Every business executive and aspiring entrepreneur should read...
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The Price of Your iPad Is Higher Than You Think
There is a glaring lack of ethics in terms of Apple’s supply chain management practices, as suggested by the New York Times. Many Asian suppliers are violating basic ethical principles. Here are some...
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When Child Labor Is Ethical
Multinational corporations have experienced withering criticism for employing children in Asian factories. On the surface, this practice appears to be unethical. But is it? When we study supply chain...
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Apple’s New iPad: A Disruptive Innovation
Occasionally, a new technology is introduced that disrupts the natural order of things. Apple’s iPad represents just such an innovation. The touchscreen display and navigation options make this...
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Lessons Learned From Kodak’s Fall
The winters in Rochester, NY can be long and harsh. I know. My son attends college there. Situated on the southern shores of Lake Ontario, the yearly snowfall averages 92 inches. But the harshness that...
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Two Lessons That Stephen Covey Can Teach Us
Stephen Covey (1932-2012), the business self-improvement master of our times, died last week. He authored The 7 Habits of Highly Successful People, a book that has sold over 6 million copies. In...
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What Apple Can Teach Us About New Product Development
In his book The Innovator’s Dilemma, Harvard Business School professor Clayton Christensen popularized the term “disruptive innovation.” Products that fall into this category bring different value...
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The Zen of Leadership
“If something is important enough, even if the odds are against you, you should still do it.” ——Elon Musk For many businesses, our current knowledge of computing technology, manufacturing processes,...
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