The ART Of Business http://www.industryweek.com/blog/29236/feed Link up with this bestselling author, professor, and global entrepreneur to explore the counterintuitive, unconventional, and contrarian in business. en Why No One Will Ever Understand the Supply Chain http://www.industryweek.com/blog/why-no-one-will-ever-understand-supply-chain <div class="node-body blog-body"><div></div><p>The daily struggle of keeping things moving forward makes it difficult to take a step back and appreciate the wonder of business and the supply chain.</p> <p>In 1958, Leonard Read published<strong> <a href="http://www.econlib.org/library/Essays/rdPncl1.html">a short and elegant essay</a></strong> about a nondescript pencil.</p> <p>&quot;I, Pencil&quot; is written in the first person from the point of view of the pencil.</p></div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/art-business">The ART Of Business</a></li> </ul></div><p><a href="http://www.industryweek.com/blog/why-no-one-will-ever-understand-supply-chain" target="_blank">read more</a></p> http://www.industryweek.com/blog/why-no-one-will-ever-understand-supply-chain#comments The ART Of Business Fri, 22 Aug 2014 14:50:00 +0000 146251 at http://www.industryweek.com The Cracks at Wal-Mart Get Even Deeper http://www.industryweek.com/blog/cracks-wal-mart-get-even-deeper <div class="node-body blog-body"><div></div><p>I&rsquo;ve been writing for 15 years that the Wal-Mart model is unsustainable; and, will ultimately cannibalize itself.</p> <p>Recent news that the president of its U.S. operations was replaced confirms the process is well underway.</p> <p>Wal-Mart grew on fundamentally three pillars:</p></div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/art-business">The ART Of Business</a></li> </ul></div><p><a href="http://www.industryweek.com/blog/cracks-wal-mart-get-even-deeper" target="_blank">read more</a></p> http://www.industryweek.com/blog/cracks-wal-mart-get-even-deeper#comments The ART Of Business Sun, 27 Jul 2014 13:58:00 +0000 143981 at http://www.industryweek.com <p><em>Daniel Aguilar/Getty Images News</em></p> The 21st Century: American Ascendancy http://www.industryweek.com/blog/21st-century-american-ascendancy <div class="node-body blog-body"><div></div><p>As we celebrate Independence Day, let&#39;s remember, as Bruce Cumings points out in his seminal work<a href="http://www.amazon.com/Dominion-Sea-Pacific-Ascendancy-American/dp/0300168004"> <strong><u>A Dominion From Sea to Sea</u></strong></a>, that America<em> is </em>a unique place.<br /> <br /> It is the only truly continental power in human history, with vibrant costal regions on each of the planet&#39;s biggest oceans; and, a dynamic Middle Region that houses the greatest industrial machine ever.<br /> </p></div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/art-business">The ART Of Business</a></li> </ul></div><p><a href="http://www.industryweek.com/blog/21st-century-american-ascendancy" target="_blank">read more</a></p> http://www.industryweek.com/blog/21st-century-american-ascendancy#comments The ART Of Business Fri, 04 Jul 2014 16:36:00 +0000 141831 at http://www.industryweek.com Are Russian and Saudi Oil Behind the Crisis in Iraq? http://www.industryweek.com/blog/are-russian-and-saudi-oil-behind-crisis-iraq <div class="node-body blog-body"><div></div><p>A low-key meeting on <a href="http://www.interfax.com/newsinf.asp?pg=3&amp;id=510778">June 3 between the foreign ministers </a>of Russia and Saudi Arabia has many wondering if the recent jihadist advances deep into Iraq now have the blessing of both countries.</p> <p>For years, the two nations were at deep odds over continued Saudi support of radical Sunni movements across the Middle East and Caucuses. &nbsp;</p></div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/art-business">The ART Of Business</a></li> </ul></div><p><a href="http://www.industryweek.com/blog/are-russian-and-saudi-oil-behind-crisis-iraq" target="_blank">read more</a></p> http://www.industryweek.com/blog/are-russian-and-saudi-oil-behind-crisis-iraq#comments The ART Of Business Thu, 19 Jun 2014 15:37:00 +0000 131181 at http://www.industryweek.com June 11, 1998: The Day the World Changed Forever http://www.industryweek.com/blog/june-11-1998-day-world-changed-forever <div class="node-body blog-body"><div></div><p>Pundits, &ldquo;experts&rdquo;, and gurus thrive on telling us what the future will hold.</p> <p>They tell us that if we somehow collect better data- and analyze it with more and more sophisticated techniques- we can get closer to eliminating uncertainty about tomorrow.</p> <p>Still, what all the looks into a crystal ball cannot foresee is the inexplicable nature of human creativity.</p> <p>Our era has been defined by the unpredictable actions of men like Wright, Fleming, Edison, Jobs, Salk, Ford, and Borlaug.</p></div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/art-business">The ART Of Business</a></li> </ul></div><p><a href="http://www.industryweek.com/blog/june-11-1998-day-world-changed-forever" target="_blank">read more</a></p> http://www.industryweek.com/blog/june-11-1998-day-world-changed-forever#comments The ART Of Business Sat, 31 May 2014 13:49:00 +0000 120191 at http://www.industryweek.com Capitalism Without Competition http://www.industryweek.com/blog/capitalism-without-competition <div class="node-body blog-body"><div></div><p>Seemingly everyone in New York and Paris is walking around with their copy of Thomas&rsquo;s Piketty&rsquo;s new book <u>Capital in the Twenty-First Century</u>.</p> <p>A dense, 700-page work, it focuses overwhelmingly on inequality, the subject that the author describes in detail as the foremost economic concern of the day.</p> <p>Containing a few compelling arguments along with some dubious recommendations, the book comes up way short in recognizing the inherent realities of capitalism, particularly the role played by competition.</p></div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/art-business">The ART Of Business</a></li> </ul></div><p><a href="http://www.industryweek.com/blog/capitalism-without-competition" target="_blank">read more</a></p> http://www.industryweek.com/blog/capitalism-without-competition#comments The ART Of Business Tue, 06 May 2014 13:26:00 +0000 118201 at http://www.industryweek.com The Joy of Public Transport http://www.industryweek.com/blog/joy-public-transport <div class="node-body blog-body"><div></div><div> For generations, compulsory military service in the Western World- at least for most males- produced a leveling effect.</div> <div> &nbsp;</div> <div> It didn&rsquo;t matter where the man next to you on the Higgins Boat came from; what God he worshiped; or, who he voted for. He was in it with you &ndash; all the way.&nbsp;</div> <div> &nbsp;</div> <div> Drill sergeants didn&rsquo;t care if you were black, brown, yellow, or white.</div></div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/art-business">The ART Of Business</a></li> </ul></div><p><a href="http://www.industryweek.com/blog/joy-public-transport" target="_blank">read more</a></p> http://www.industryweek.com/blog/joy-public-transport#comments The ART Of Business Sat, 26 Apr 2014 07:27:00 +0000 117431 at http://www.industryweek.com Has Supply Chain Success Ruined Marketing? http://www.industryweek.com/blog/has-supply-chain-success-ruined-marketing <div class="node-body blog-body"><div></div><p>Writing a new book is like going back to school. You&rsquo;re always learning novel things; and, being challenged about what you think you know.</p> <p>Tim Wilkinson and myself are currently writing the follow-up to our 2009 work <a href="http://www.distributiontrap.com/"><strong>THE DISTRIBUTION TRAP</strong></a>.</p> <p>Throughout the process, a recurring theme has regularly -- and surprisingly -- come up. It has a lot to do with the success found in managing global supply chains.</p></div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/art-business">The ART Of Business</a></li> </ul></div><p><a href="http://www.industryweek.com/blog/has-supply-chain-success-ruined-marketing" target="_blank">read more</a></p> http://www.industryweek.com/blog/has-supply-chain-success-ruined-marketing#comments The ART Of Business Mon, 14 Apr 2014 01:22:00 +0000 116291 at http://www.industryweek.com The Sabotage of MH 370 http://www.industryweek.com/blog/sabotage-mh-370 <div class="node-body blog-body"><div></div>Some contextual points regarding the now admitted sabotage of Malaysian Airways Flight 370: </div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/art-business">The ART Of Business</a></li> </ul></div><p><a href="http://www.industryweek.com/blog/sabotage-mh-370" target="_blank">read more</a></p> http://www.industryweek.com/blog/sabotage-mh-370#comments Global Economy Leadership The ART Of Business Sat, 15 Mar 2014 13:37:00 +0000 113841 at http://www.industryweek.com Fracking, Ukraine, and Russia http://www.industryweek.com/blog/fracking-ukraine-and-russia <div class="node-body blog-body"><div></div><p>Let&rsquo;s start with this premise: Ukraine has always been a vital part of Russia&rsquo;s existence.</p> <p>As Zbigniew Brzezinski wrote in 1998, &ldquo;Without Ukraine, Russia ceases to be a Eurasian empire.&rdquo;</p> <p>The ties between the two have been bolstered by Ukraine&rsquo;s near-complete dependence on Russian energy, particularly natural gas, which Russia has sold at inflated levels for years.</p></div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/art-business">The ART Of Business</a></li> </ul></div><p><a href="http://www.industryweek.com/blog/fracking-ukraine-and-russia" target="_blank">read more</a></p> http://www.industryweek.com/blog/fracking-ukraine-and-russia#comments Global Economy The ART Of Business Sun, 02 Mar 2014 13:47:00 +0000 112511 at http://www.industryweek.com