Introduction of the edition: This month’s edition begins with discovering how you can improve Labor Practices in Global Organizations. Then, we delve deeper into examining customer behavior by Aligning Your Product or Service with the Behavioral Patterns of Consumers. In Making Purchasing Decisions that Align with Organizational Objectives, we probe into dynamic procurement strategies which can be advantegeous for your company. Structuring Functional Organizational Design by assessing design systems and determining the necessity for redesign concludes this month’s edition.
People in the global workforce manufactured the device that enables you to read this page. It is unlikely for you to know the manufacturer’s country of origin or how the international labor agreement, if any, affects the workers who made the device. How would you know if the company that makes and sells the product treats its workers fairly?
Consumers have specific strategies when making decisions about what they want to buy. These consumer purchasing strategies are predictable because human behavior is at the core of their decision-making.
A strong procurement strategy can give your company a distinct advantage in the competitive market. Acquiring this competitive advantage requires you to analyze how procurement and inventory management support organizational goals.
We function within unique ecosystems of organizations – from where we work, shop, go to school, volunteer, acquire healthcare, and manage our personal and professional lives. We are oblivious to how organizations have evolved over time.
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