Digital Twins are reshaping the way organizations approach Operations and Innovation. By providing a virtual replica of a physical system, process, or product, Digital Twins enable organizations to monitor, simulate, and optimize real-world performance with unprecedented precision. This technology leverages real-time data from sensors and other sources to mirror physical behavior, unlocking new efficiencies and […]
Archive | Operations & Supply Chain RSS feed for this section
Sustainable Value Framework
The Sustainable Value Framework represents a strategic approach that integrates the goals of People, Planet, and Profit, pushing organizations to evaluate their role in society by creating value not only economically but also socially and environmentally. Originating from environmental principles, sustainability now tackles challenges across all sectors—promoting practices that fulfill present needs while safeguarding resources […]
Retail Banking Industry Value Chain: Deep Dive
Retail banking is undergoing one of the most significant transformations in its history. As customers shift toward digital banking and self-service channels, traditional banks are forced to rethink their value proposition. Customers now expect seamless, personalized experiences, but they also demand robust security and trustworthiness. In a highly competitive market, banks must balance customer expectations […]
Software-as-a-Service (SaaS) Industry Value Chain: Deep Dive
The Software-as-a-Service (SaaS) industry has fundamentally reshaped how businesses operate, providing on-demand software solutions through cloud platforms. With the rise of SaaS, organizations no longer need to manage cumbersome on-premises infrastructure—they simply subscribe to services and immediately gain access to the latest innovations. As this model grows in prominence, the SaaS industry has become one […]
Insurance Industry Value Chain: Deep Dive
The insurance industry is one of the bedrocks of economic stability, enabling businesses and individuals to manage risk, preserve capital, and navigate uncertainty. As digital transformation continues to reshape industries, the insurance sector faces both tremendous challenges and opportunities. Insurers are shifting to customer-centric models, leveraging advanced data analytics to offer personalized policies, and adopting […]
The CAGE Distance Framework
Global expansion is tough. Even the most seasoned executives can find themselves daunted by the complexities of entering new markets. The CAGE Distance Framework—crafted by strategy expert Pankaj Ghemawat—was designed to address this challenge. It’s not just about market entry, it’s a comprehensive tool that evaluates the “distance” between your home country and target markets […]
TRIZ (Theory of Inventive Problem Solving) Tools
Modern industries face ongoing challenges in innovation and problem-solving. Unfortunately, traditional methods often fall short in addressing these complex issues effectively, necessitating a shift towards more sophisticated, structured approaches. Developed by Genrich Altshuller in the mid-20th century, TRIZ is based on analyzing global patents to identify common patterns in problem-solving, enabling organizations to resolve technical […]
Theory of Inventive Problem Solving (TRIZ) Methodology
Modern manufacturing faces the dual challenge of reducing environmental impact while maintaining productivity and profitability. Theory of Inventive Problem Solving (TRIZ) addresses such contradictions like improving material efficiency without compromising product quality or increasing production speed without escalating energy consumption. TRIZ, is a groundbreaking methodology developed by Soviet inventor Genrich Altshuller. Originating from an extensive […]
Telecommunications Industry Value Chain: Deep Dive
The Telecommunications (Telecom) industry is a dynamic and essential sector, driving connectivity and communication across the globe. This industry encompasses various services, including voice, data, and video transmission, and is fundamental to the functioning of modern economies. With the rapid proliferation of mobile devices, the expansion of broadband infrastructure, and the advent of 5G technology, […]
Business Process Maturity Model (BPMM) Explained
Unsuccessful software applications cost organizations significant efforts and resources. The reasons for these failed ventures are often attributed to technology issues. However, the real issue is flaws in business processes—the enterprise application deployment environment and the ecosystem which the application targets. This calls for ensuring the organizational readiness before initiating technology deployment. It is for […]
7 Principles of Business Process Reengineering (BPR)
With the advancement in technology, the usual emphasis on cost, growth, and control has been replaced by a laser focus on Innovation, Customer Service, Quality, and Employee Empowerment. Obsolete business processes, disjointed organizations, fragmented work routines, and complex performance management mechanisms in traditional firms have not been able to cope with the revolutionary business models […]
Semiconductor Industry Value Chain: Deep Dive
The Semiconductor industry is a cornerstone of modern technology, driving advancements in various sectors such as consumer electronics, automotive, telecommunications, and industrial applications. Semiconductors are the fundamental building blocks of electronic devices, enabling the functionality of everything from smartphones and laptops to advanced medical equipment and autonomous vehicles. According to Deloitte, the global semiconductor market […]
