The revenge of “Boring Business”: 11 reasons the old economy is back
AI needs power, cloud computing needs data centres and the energy transition needs machines. Here are 11 reasons traditional engineering and industrial companies are becoming strategically important again.
8 Reasons project organizations resist Kaizen (…and why it’s holding them back)
In project-based industries—construction, engineering, infrastructure—Kaizen often gets dismissed before it’s even understood.
Ironically, the environments that need continuous improvement the most are often the ones that resist it the hardest.
Why the “soccer team” metaphor is increasingly obsolete for modern Companies
Business leaders have used the metaphor of a soccer team for decades to describe how a company should function. This metaphor is a set of players with different roles working toward a common goal coordinated by a coach manager working to win the game within a set of rules and a defined field. This metaphor worked well in stable environments with hierarchies, fixed roles, aligned objectives, and long planning cycles. But in today’s world, global companies must function in a VUCA environment.
Simply knowing AI is not sufficient: a thorough grasp of the business domain is paramount
We are witnessing unprecedented growth in the field of machine learning, AI, and data science. Predictive algorithms and advanced optimization techniques are now used in nearly all industries, from healthcare and advanced manufacturing to shipping, automotive, and even energy.
However, in the midst of all the change one aspect remains constantly overlooked, and that is the domain knowledge.
NuScale Power and the project that is set to change the politics of energy in Romania
The energy independence and the sustainability goals that Romania have set out to achieve using the small modular technology are set to be achieved through their collaboration with NuScale Power.
Impacts of Romania and Bulgaria Joining Schengen Area
On January 1, 2025, Romania and Bulgaria joined the Schengen Area, achieving a significant milestone in their ongoing integration into Europe. This turn of events indeed brings a number of benefits but also presents some challenges. What could be the benefits and the disadvantages in joining the Schengen zone?
The manager good at building and the one good at destroying
There are several management levels in every organization, however, there is one distinction worth noticing: demarcation between managers who build and managers who destroy. They will both remain relevant in their own unique ways (yes, even the destroyers). However, understanding the attributes and strategies employed by each one of them is the cornerstone separating the successful growth from chairing operational disarray.
Unlocking Innovation and Addressing Ethical Concerns: The Role of Open Innovation, Local Ecosystems, and Responsible Corporate Practices
Despite the fact that open innovation and local ecosystems possess quite a few advantages, they can be used for unethical corporate practices. For example, corporations may penetrate foreign markets characterized by government grants and incentives only to ignore the operations once the incentives have been exploited. Such companies may be able to back their operations through an outsourcing ecosystem without damaging to the European Union funds but transferring their processes to their home country. Even though this form of behavior is legal more or less, it poses ethical issues.
Why large Companies sometimes shut down their most efficient and profitable factories
It seems quite weird when you hear that large corporations close factories which are efficient and profitable. Actually, corporate behaviour is affected uby both internal and external factors which go more than just the economic bottom line.
10 key reasons why Lean production implementation could fail, especially in Europe
Here are ten key possible reasons for the failure of Lean production, Operational Excellence (or whatever you want...