Competitive Supply Chains: Excellence
This column is the first of a three-part series on competitive supply chains.
Amy Chua, known as the “Tiger Mom,” has been praised and criticized for her views on raising children to be high performing. She co-wrote a book, The Triple Package: How Three Unlikely Traits Explain the Rise and Fall of Cultural Groups in America, based on eight successful cultural groups.
The book summarizes three traits that are most predictive of why certain cultural groups perform better: a superiority complex; insecurity; and impulse control. They raise children to believe they are good, but aren’t good enough, and are disciplined to work hard and await results. I believe that an excellent supply chain organization should possess these same traits.
What is Excellence?
During the MIT Supply Chain 2020 Project that researched the future of supply chain, we focused on future excellent supply chains. The research compared today’s excellent supply chains with non-excellent ones in order to answer the question: What is excellence? The definition needed to be reasonable and also operational to provide advice to managers looking to maintain excellence into the future.
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Amy Chua, known as the “Tiger Mom,” has been praised and criticized for her views on raising children to be high performing. She co-wrote a book, The Triple Package: How Three Unlikely Traits Explain the Rise and Fall of Cultural Groups in America, based on eight successful cultural groups.
The book summarizes three traits that are most predictive of why certain cultural groups perform better: a superiority complex; insecurity; and impulse control. They raise children to believe they are good, but aren’t good enough, and are disciplined to work hard and await results. I believe that an excellent supply chain organization should possess these same traits.
What is Excellence?
During the MIT Supply Chain 2020 Project that researched the future of supply chain, we focused on future excellent supply chains. The research compared today’s excellent supply chains with non-excellent ones in order to answer the question: What is excellence? The definition needed to be reasonable and also operational to provide advice to managers looking to maintain excellence into the future.
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About the Author
Larry Lapide Dr. Lapide is a lecturer at the University of Massachusetts’ Boston Campus and is an MIT Research Affiliate. He received the inaugural Lifetime Achievement in Business Forecasting & Planning Award from the Institute of Business Forecasting & Planning. Dr. Lapide can be reached at: [email protected].Subscribe to Supply Chain Management Review Magazine!
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