by Operations Council | Nov 12, 2024 | Economy/Economic, Supply Chain
Leaders understand the importance of resilient supply chains, but their efforts may be no match for a global event. Wars, natural disasters, and political events may block trade in certain parts of the world. When these incidents occur, organizations may struggle to...
by Operations Council | Sep 18, 2024 | Economy/Economic, Supply Chain
Supply chain issues have been on the rise since the pandemic and continue to plague many businesses. Companies often work with global suppliers, presenting issues that go beyond material and labor shortages. They must also be aware of compliance laws that may apply,...
by Operations Council | Aug 30, 2024 | Business Environment, Corporate Strategy, Economy/Economic
With the economy in continuous change, companies can unlock and sustain growth by building new businesses while reinventing and transforming the core business. Below, you will learn about dual transformation and 5 principles to new business success. As reported by...
by Operations Council | Jul 9, 2024 | Analytics, Corporate Strategy, Economy/Economic
COOs are often faced with important decisions. One of the main considerations will be balancing cost and quality. Everyone likes to get the best value for their money. As consumers, we balance cost and value in every purchasing decision. But company decisions require...
by Operations Council | May 2, 2024 | Economy/Economic, Operations Best Practices
A COO oversees various aspects of a company’s operational systems. Finances are a focus. It is up to the COO to ensure the company makes wise financial decisions that support growth without draining the budget. Achieving financial efficiency across an organization is...
by Operations Council | Apr 10, 2024 | Economy/Economic
In the role of a COO, every decision can significantly impact the trajectory of their company. Among these, strategic financial decisions are particularly critical, as they directly affect the organization’s sustainability, growth, and profitability. This article...