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Digital Technology as a Strategic Asset
  • Digital Technology as a Strategic Asset

    Preparing for a Downturn

    Companies today increasingly recognize Digital Technology and IT infrastructure as a strategic asset that provides companies with the ability to effectively compete in its’ marketplace – an observation underscored by the Nash KPMG 2017 CIO Survey finding that CIOs sit on 62% of executive boards as opposed to 38% in 2005.  While their relative importance varies slightly from year to year, the C-Suite charter for Digital Technology consistently features the following items: …Read More

    This entry was posted in Blockchain IoT, Business Transformation, Information Technology, Strategic Execution, Supply Chain Optimization, Total Cost of Ownership, on April 19, 2019
  • 12 Purchasing Best Practices

    Preparing for a Downturn

    Purchasing Best Practices were important to two supply chain optimization projects we recently completed for a University and a $400M manufacturer of consumer products. All companies purchase goods and services and have various organization structures, business processes and technology backbones for handling it.  In both projects, these were significantly different from each other. Irrespective …Read More

    This entry was posted in Continuous Improvement, Manufacturing and Distribution, Supply Chain Optimization, on April 14, 2019
  • The Need for Technology Succession Planning

    Preparing for a Downturn

    Most organizations do Leadership Succession Planning at some level of effectiveness. Very little has been written about the need for incorporating technology succession planning and while technology leadership is part of the standard succession planning model, little is done about succession planning and skills development for subject matter experts, their supporting teams and successive upgrades and new technologies. Teams …Read More

    This entry was posted in Business Transformation, Information Technology, Organizational Development, Strategic Execution, Supply Chain Optimization, Talent Management, on February 10, 2019
  • What is a “ Brown Paper Exercise “ and What is its’ Value?

    Preparing for a Downturn

    Here are some facts to consider when deciding to add the Brown Paper Exercise to a Value Stream Mapping Project:

    …Read More

    This entry was posted in Continuous Improvement, Driving Continuous Improvement Series, Healthcare, Manufacturing and Distribution, Organizational Development, Strategic Execution, Supply Chain Optimization, on December 20, 2018
  • Where Did My Lettuce Come From? – This Question Needs an Answer!

    Preparing for a Downturn

    The Washington Post published an article about the outbreak of E. coli in lettuce on April 20th that stated: “Although the exact source hasn’t been identified, federal health officials have said information indicates that the contaminated lettuce was grown in …Read More

    This entry was posted in Blockchain IoT, Manufacturing and Distribution, Supply Chain Optimization, on April 28, 2018
  • Group50® Consulting announces Scioebc™ the first Blockchain product powered by THINaër, the end-to-end platform for the Internet of Things

    Preparing for a Downturn

    By Jim Gitney

    April 17, 2018

     Los Angeles, CA – Group50 announced today the launch of Scioebc™, a next generation supply chain product  that utilizes the blockchain and is powered by THINaër, an IoT platform building The Internet of People, Places and ThingsSM. …Read More

    This entry was posted in Blockchain IoT, Business Transformation, Healthcare, Information Technology, Manufacturing and Distribution, Strategic Execution, Supply Chain Optimization, on April 17, 2018
  • Are Your Digital Technology Platforms and Information Technology Processes Aligned With Your Business? – 8 Questions You Need to Answer

    Preparing for a Downturn

    Middle market companies are challenged with leveraging their investments in Digital technology and IT infrastructure.  Their systems are typically a patchwork quilt of software and hardware products that have been bolted together.  They need systems that are scalable, sustainable, cost effective, available 24×7, …Read More

    This entry was posted in Business Transformation, Information Technology, Strategic Execution, Supply Chain Optimization, on October 17, 2017
  • Supply Chain Modeling and its Importance

    Preparing for a Downturn

    Offshoring, onshoring, nearshoring, are business solutions that international and multinational companies have used for years. However, only a very small percentage of these companies have in-house tools that are effective at supply chain modeling and can help senior leaders …Read More

    This entry was posted in Global Initiatives, Manufacturing and Distribution, Mexico, Supply Chain Optimization, on August 12, 2017
  • Kick Your Total Cost of Ownership – TCO Process up Another Notch

    Preparing for a Downturn

    In an earlier blog, we examined why having a process in place to capture Total Cost of Ownership (TCO) is important for middle market companies, and even more so for Digital Technology organizations.  We saw how any plan for taking out cost, driving revenue, or maximizing asset utilization, can be fraught with risk, without …Read More

    This entry was posted in Business Transformation, Information Technology, Strategic Execution, Supply Chain Optimization, Total Cost of Ownership, on August 4, 2017
  • Cost Takeout as a Strategy

    Preparing for a Downturn

    Cost Takeout has been heard at one time or another in every C-Suite and boardroom.  The primary objective of every leadership team is to take out cost.  We live in a world where everything can be done at lower cost. With that in mind, how does a leadership team develop a cost takeout strategy?  The first thing is to make sure everyone is clear on what a cost takeout strategy really is.  Let’s start with what it isn’t.

    It is not: …Read More

    This entry was posted in Business Transformation, Cost Takeout, Information Technology, Strategic Execution, Supply Chain Optimization, on July 27, 2017
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