In many businesses, supply chain management historically has fallen outside the core of the company's compliance function. But that was then. A renewed push this year by state, federal and international regulators – not to mention consumer advocacy groups, NGOs and foreign legislatures – to conscript the business community into the fight against human trafficking and the use of child, indentured, forced and other forms of coerced labor has brought supply chain management to the front and center of the corporate compliance world.
Two new reports released this week call attention to the dangers of bribery and corruption in global supply chains and their links to modern day slavery. Modern Slavery and Corruption and An Exploratory Study on the Role of Corruption in International Labour Migration provide a snapshot of the extent and global spread of corrupt practices, the ways in which they interact with myriad forms of exploitation and the impact of legislation put in place to curb both.
Worldwide, managers are setting SMART (Specific, Measureable, Achievable, Relevant and Timely) goals, expecting these to make this "the year" to revitalize or transform their businesses. Instead, most of these professionals should retire SMART, or at least rescind its status of standard operating procedure.
Because not enough students are going into trade schools there is a shortage of people with the needed skills, according to a report on the so-called "skills gap," produced by The College of William and Mary on behalf of companies who distribute equipment for construction, agricultural, industrial and related industries.
Will a robot run my organization in 10 years? Maybe, even though a chief executive's job, which requires a fair amount of problem-solving and creativity, is probably less susceptible to automation than middle-skill jobs such as machining and bookkeeping. At the same time, new research shows that most jobs have some proportion of tasks that can be substituted by workplace automation. Including a CEO's job.
While most of the world has fixated on the plunging Shanghai and Shenzhen stock exchanges and Beijing's missteps managing the currency, China's labor market has become increasingly fragile. As wage arrears and layoffs grow, unrest in factories and on construction sites is spreading.
All of us aspire to work for leaders who truly value our input. We're looking for a "speak-up culture" - the kind of workplace where we feel welcome and included, free to express our views and opinions, and confident that our ideas will be heard and recognized. But it's not just employees who benefit from this kind of workplace culture. So do employers and shareholders.
The Next Level Purchasing Association (NLPA) has released a new online express course to aid procurement professionals in recruitment and talent management.