How to Thrive When Confronting Conflict
04/01/2024
How a balcony, a bridge and a third side can end conflict
When dealing with conflict, we need a balcony (the ability to have a broader perspective), a golden bridge (that takes their concerns seriously) and a "third side" (an untapped set of allies) to help reveal commonalities and innovative solutions, writes William Ury, author and co-founder of Harvard's Program on Negotiation. "A critial mass of persuasive influence and ideas from the community can help the parties find a way out," Ury writes.
Full Story: Next Big Idea Club
Making the leap with generative AI in procurement
04/01/2024
Generative AI is still a technology of the future, but procurement professionals can begin to look at how to implement it for such things as content generation for contracts or proposals and faster software development, according to McKinsey research. GenAI can also synthesize information from different departments and data sets to decrease information silos and provide assistance for negotiating contracts based on supplier responses.
Full story: McKinsey
Why Chief Supply Chain Officers Should Embrace Employee Turnover
04/01/2024
Most companies resist employee turnover, but embracing it can offer advantages to organizations, including lower onboarding costs.
Full story: Supply Chain Management Review