Logistics companies and other supply chain businesses are developing distribution channels for a coronavirus vaccine and are optimistic that they'll be ready if one is released this year. One challenge is having enough cold storage capacity to keep vaccines from spoiling in transit, industry experts say.
Amazon is encouraging online shoppers to pick up their purchases at its stores and contactless Amazon Hub locations instead of using home delivery this holiday season. The option is likely to help Amazon avoid last-mile delivery congestion, and the company is touting it as a way to make sure surprise gifts stay secret.
Pope Francis' leadership style has been one of openness, inclusiveness, pragmatism and compassion, according to a book by Jeffrey Krames. "While these 12 leadership lessons are not definitive in scope, they do serve as a solid foundation for aspiring and existing leaders, regardless of field of work, to improve how they interact with and lead others," writes Jim Taggart in this review.
Nearly 90 companies in China could be prevented from buying certain US technology and other products if the Trump administration declares they are connected to the Chinese military. The Commerce Department broadened the "military end user" definition in April, and President Donald Trump recently issued an executive order banning investment in Chinese companies said to be run by the military.
Listening, offering flexibility and acknowledging success are just a few simple ways leaders can show appreciation for employees, writes Cindy McGovern. "Allowing staff members to react according to their own consciences and then rewarding them when they do can encourage more helpful behavior -- and get the company some positive publicity in the process," she writes.
Investing in analytic processes can take time, but it will pay off, especially in uncertain times when new data and expertise are needed, writes Cassie Kozyrkov, chief decision scientist at Google. "When the world is suddenly upended, those who can learn the fastest are best positioned to succeed," Kozyrkov writes.
Supply chain and pharmaceutical companies are working on the cold chain that will be needed to transport vaccines from Moderna, Pfizer and BioNTech that will require consistent temperatures from the manufacturer to the clinic. This article outlines the both the innovation as well as the potential obstacles vaccine distribution chains will face.
Government intervention, through legislation and stiff penalties, is required to root out forced labor in supply chains, writes Alexis Bateman, who notes improved visibility and audit programs aren't enough. The Slave-Free Business Certification Act introduced to Congress back in July would require large companies to report forced labor instances, with noncompliant companies liable for civil and punitive damages.
Using systems thinking instead of technology can build resilience in food supply chains by providing ways to identify potential problems before they "snowball" into bigger ones, write John Keogh, Carl Unis and Karen Hand. "[A] strategic, holistic, agile systems view with integrated early detection (tripwires) and rapid response capability (circuit breaker) is critical for success as we move forward into the unknown," they write.
Bain Capital has secured $800 million in fresh capital for its second impact investing fund, Bain Capital Double Impact, to focus on environmental, social and governance funds. The firm raised the large amount of fresh capital, over twice the size of Bain's first impact fund, despite a bad year for fundraising because of the pandemic and a new US Labor Department rule.