Outgoing McKesson Chief Information Officer Randy Spratt says his role has become more business-oriented. "It's clear that a lot of CIOs are struggling with making that turn, and in many cases the struggle comes from their own organization’s perception of the role of IT," he said.
A number of companies in Southern California are seeking to revamp the so-called drayage trucking industry, which involves transporting goods short distances between ports, warehouses and rail yards. The companies are relying on full-time employees rather than independent contractors, and they think they can keep prices down through efficient operations.
Fashion retailer JustFab uses real-time data analysis to track customers and better predict ordering trends. Online customer activity allows it to score customers' probability of purchasing within the next month. JustFab factors the frequency of site visits, the number of items on customers' wish lists and household income, among other things.
It's no longer bricks-and-mortar versus e-commerce: omnichannel is the path to success. Chart-topping stalwarts in STORES Magazine's annual Top 100 Retailers report -- Wal-Mart, Kroger, Costco, The Home Depot, Target, Walgreen and CVS -- have maintained dominance through an ability to meet consumers' changing desires, including their appetites for online shopping and digital interaction.
Jack Welch made succession planning his top priority -- nine years before he stepped down as CEO of General Electric -- but too many CEOs and corporate boards still fail to plan ahead, writes Patricia Lenkov. "It is not an isolated activity but rather should be part of the culture and an ongoing point of reflection and discussion," she writes.
Too many leadership-development strategies hinge on putting people through challenges and expecting the leaders to naturally emerge, writes Dan McCarthy. That's less effective than actually nurturing and training people to lead. "The 'sink or swim' approach to leadership development rewards and promotes people who are the most adaptable, not necessarily the smartest, most talented, and possibly, the very best leaders," McCarthy writes.
Breathing might sound like the easiest thing in the world, but learning to be more mindful about the way you inhale and exhale can have a dramatic impact on public speaking, writes Allison Shapira. "If you are prone to rushing through your speech or presentation, then practice breathing at every punctuation mark -- it will force you to slow down," Shapira advises.
It's a relief, both physically and mentally, to leave a high-profile corporate job, says former IBM CEO Sam Palmisano. Still, it can be hard to fully let go. "When you're no longer the boss, then get out of there. Don't comment from the cheap seats," Palmisano advises.
Tailor your content toward targeted audiences, and use repurposed materials as well as fresh content in your e-mail marketing campaigns. Include inspiring calls to action to drive buyers to your business, and make sure your e-mails and content are mobile-optimized.
Supply chain execution convergence can bring together different parts of the business when implemented successfully, Evan Puzey writes. Companies want to achieve not only internal cohesion and visibility but also the more difficult goal of visibility across the extended supply chain.