Over the past few decades, advances in information technologies have allowed firms working to optimize their supply chains to move from decision-making on the basis of intuition and experience to more automated and data-driven methods, which has increased efficiency and reduced costs. Unfortunately, business planners and executives still need to expend considerable effort to understand the recommendations coming out of their systems, analyze various .....more

Process management, which swept the business world in the 1990s and then fell out of favor, is experiencing a renaissance, thanks to AI. The two reinforce each other: AI helps firms significantly scale up improved processes, and well-managed processes make it easier to obtain the high-quality data needed to train AI. Combining them can generate huge productivity gains-but it requires a lot of change management. In this article the authors outline .....more

Launched in 2017, Enerjisa Uretim was one of Turkiye''s largest private sector electricity companies. In its early days, the company faced some financial and operational troubles. When hsan Erbil Baycol, the current CEO of Enerjisa Uretim, joined the business in 2018, he implemented a series of initiatives to improve the company''s performance. He expanded its portfolio of renewable energy by developing multiple wind power plants .....more

The case chronicles the Bsaibes brothers'' journey in founding and operating Group AMANA; a contracting business founded in 1993, based in the United Arab Emirates with operations across the Middle East. Over the years, the business found itself grappling with major headwinds and changes to both its strategy and operations. For example, finding the right amount of (de)centralization, balancing incentivizing people to stay with the ability .....more

As a primary means of transport, motorcycle taxis were a significant contributor to Rwanda''s air pollution. Lee Wee Chia and his friends set up Rwanda Electric Motors Limited (REM Limited) to market electric motorcycles (e-motos) to reduce pollution. In addition to environmental sustainability, REM''s twin-battery-powered e-motos and strategic location of swap stations effectively addressed riders'' range anxiety typically .....more

This note focuses on creating controllers-algorithms, in coding speak. These essentially are the logic that tells the software what to do and how to respond to inputs from the user. This note assumes some familiarity with the model-view-controller (MVC) pattern, which is the idea that a given application can be usefully decomposed into a data model, a set of user views, and a set of controllers that implement the application''s behavior. This .....more

It''s a great time to be a creatively confident general manager, whether you''re a product manager, a team lead, or in some similar role. AI has made it easier than ever to bring new ideas to life and readily test them. This note is part of a series focused on helping MBAs acquire (1) a foundation understanding of how to go from design to code, and (2) a smooth transition to hands-on practice to improve their intuition and creative .....more

Twenty years ago, the term "family office" was used infrequently and often reserved for the most storied families such as the Rockefellers or the Kennedys. Now, "family office" is on the tip of the tongue of every investor, wealth manager, and company. However, the common adage: "when you''ve met one family office, you''ve met only one family office" tends to be resoundingly accurate. Each family office .....more

In recent years, the huge impact that work loneliness is having on healthcare costs, absenteeism, and turnover has received widespread attention. Despite growing awareness, the problem remains, with one in five employees worldwide feeling lonely at work. In this article, the authors debunk myths about work loneliness, such as the belief that in-person work or team assignments can solve the issue. They emphasize that loneliness is not just a personal .....more