Inventory runs, like bank runs, are a natural reaction to dwindling stock that adds volatility and discomfort to the supplier, and a study suggests one way to fix this is by not revealing inventory data to retailers. "I think this might be the very first paper that comes up with a cost for showing information in the supply chain," says Robert Bray, associate professor of operations at Kellogg.
The concept of agile thinking can improve how we develop employees and our own careers, as we need to be flexible about our goals and nimble enough to learn new skills as the job market changes, writes Julie Winkle Giulioni. "Consider job shadowing, coaching, mentoring, opportunities for greater visibility, experience-based learning via special projects and stretch assignments," she writes.
Part of leadership is enabling others to carry on for you after you're gone, writes Ken Downer. Training with succession in mind also creates accountability, empowers people to make decisions and gives you time back in your day, he writes.
US public companies are buying back stock at a record pace this year, according to TrimTabs Investment Research data, and corporate executives are taking advantage by selling their stock at a high rate. Buybacks are expected to continue next year, according to Goldman Sachs, and the lack of them could even be responsible for this week's market pullback.
Ignoring self-care places your health at risk and can harm your company, writes Mathilde Collin, CEO of Front, who learned this when her friend and co-founder underwent cancer treatment. "If I continued to push myself without taking the time to recharge, Front wouldn't be sustainable in the long run," she writes.
Fannie Mae Chief Operating Officer Kimberly Johnson's job is to bring innovation to the organization and encourage collaboration and digitization in a business- and customer-focused way. "While you can have fantastic ideas in place, what matters most is how others are going to interact with the products that you design," she says.
Tropical Race 4 is a strain of pesticide-resistant fungus killing off Cavendish bananas, and researchers are seeking a genetically modified version using the CRISPR gene-editing tool, writes Matt Reynolds. One of the biggest challenges will be overcoming regulatory and societal aversions to genetically modified crops.
If you're unsure whether you've met someone before, can't remember a name or claim expertise when you're clueless, Vanessa Van Edwards has advice for saving face in these difficult moments. "I am a big fan of coming clean and stopping the lie before it gets too far," she writes.
The expected $2 billion US initial public offering by China's Tencent Music Entertainment is being postponed until at least next month, sources say. The company, which owns a popular music app, reportedly will wait for the markets to stabilize before moving ahead with the offering.
The first step to increased productivity is to stop acting and instead reflect on where we are and where we want to be, writes Naphtali Hoff. His other recommendations include scheduling the time we need and taking care of our bodies through activities and habits such as stretching, sleep and healthy eating.
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