How Can Business Majors & Graduates Externally Validate Themselves as Subject Matter Experts?
https://www.highereducationdigest.com/how-can-business-majors-graduates-externally-validate-themselves-as-subject-matter-experts/
In talking w/ a colleague, we both agreed that many hiring managers do not have a full understanding of the AI skill sets associated w/ our graduating students. Our SCM students told us many times that their hiring managers valued only the traditional Excel capabilities (lookup functions, pivot tables, etc. – that is NOT AI), & they greatly overlooked the opportunities from other analytical solutions (skill sets that our students have).
In talking w/ a colleague, we both agreed that many hiring managers do not have a full understanding of the AI skill sets associated w/ our graduating students. Our SCM students told us many times that their hiring managers valued only the traditional Excel capabilities (lookup functions, pivot tables, etc. – that is NOT AI), & they greatly overlooked the opportunities from other analytical solutions (skill sets that our students...
Our students are going into a job market inundated with outdated processes. Manual and labor-intensive operations will force them to spend hours every week doing repetitive tasks that could be automated for much greater efficiency and accuracy, allowing them to focus on more fulfilling work.
Our students are going into a job market inundated with outdated processes. Manual and labor-intensive operations will force them to spend hours every week doing repetitive tasks that could be automated for much greater efficiency and accuracy, allowing them to focus on more fulfilling work. The majority of their time will be spent gathering data, while much less will be spent analyzing and providing insights to support strategic decision-making. For example,...
Can We Teach Our Students to Also Become Master of Technology Rather Than Just Giant Color-Coded Spreadsheets?
https://www.cxooutlook.com/can-we-teach-our-students-to-also-become-master-of-technology-rather-than-just-giant-color-coded-spreadsheets/
2023 Prediction Consensus, What the Experts See Coming (interesting): https://lnkd.in/gitg9g2E. From 2022 (pretty good): https://lnkd.in/gEgC5aCk. From 2021 (solid): https://lnkd.in/gdsXMVTn & https://lnkd.in/gvXX4E66. Common Theme (higher prices & technology). It is time to teach SCM a little differently than we did pre-inflationary.
2023 Prediction Consensus, What the Experts See Coming (interesting): https://lnkd.in/gitg9g2E. From 2022 (pretty good): https://lnkd.in/gEgC5aCk. From 2021 (solid): https://lnkd.in/gdsXMVTn & https://lnkd.in/gvXX4E66. Common Theme (higher prices & technology). It is time to teach SCM a little differently than we did pre-inflationary. Note, some goods (not most) have actually gone down in the index, including: https://lnkd.in/gR4rzPEm. Which countries have the highest inflation (I will stop complaining as much)? https://lnkd.in/guK88cW8. This is why we have to teach SCM differently moving...
Should college grads negotiate a job offer (i.e., a higher starting salary)? Yes, but only if you know how to negotiate. I do have students that get offers in the $50K-$60K range & many successfully negotiate up to > $60K-$70K. That is a 10-30% bump before you even start! Many people have to work a few years to get that bump.
Should college grads negotiate a job offer (i.e., a higher starting salary)? Yes, but only if you know how to negotiate. I do have students that get offers in the $50K-$60K range & many successfully negotiate up to > $60K-$70K. That is a 10-30% bump before you even start! Many people have to work a few years to get that bump. https://lnkd.in/gMJYNJkh https://www.linkedin.com/posts/sime-curkovic-61617a115_should-college-grads-negotiate-a-job-offer-activity-7021070827513155584-TgRe?utm_source=share&utm_medium=member_desktop Some employers are giving students a few days to make...
Interesting salary & job placement data for USC MS grads. MIT MS SCM grads can be found at: https://lnkd.in/gYimnUkP. Hottest MBA Degree Now? Supply Chain Mgmt. That darn MBA degree still has a great ROI!…
Interesting salary & job placement data for USC MS grads. MIT MS SCM grads can be found at: https://lnkd.in/gYimnUkP. https://www.linkedin.com/posts/sime-curkovic-61617a115_data-for-usc-mit-supply-chain-grads-activity-7021436310347272192-2h_s?utm_source=share&utm_medium=member_desktop Hottest MBA Degree Now? Supply Chain Mgmt. That darn MBA degree still has a great ROI!...“Over their lifetime, an MBA grad can expect to earn $3M more than someone with only a bachelor’s.” Note, if you read this article about an MBA SCM degree, it sounds a lot like our undergrad...
In the last 7 months the S&P GSCI nearly completed a return trip & only ended up rising 8.7% in 2022 overall. A July 2022 study from World Commerce & Contracting found that 70% of new supplier agreements contain inflation driven economic adjustment/indexing clauses. 70% of contracts have price INCREASE provisions. It’s a new world in SCM.
In the last 7 months the S&P GSCI nearly completed a return trip & only ended up rising 8.7% in 2022 overall. A July 2022 study from World Commerce & Contracting found that 70% of new supplier agreements contain inflation driven economic adjustment/indexing clauses. 70% of contracts have price INCREASE provisions. It’s a new world in SCM. https://lnkd.in/g_ByzrNU https://www.visualcapitalist.com/periodic-table-commodity-returns-2022/ Supply chains top CFO business risk concerns: "#1 - raw material costs" https://lnkd.in/gK2nRVUs It...
Hopefully, we are training our students to become consultants…to their own org. We try to develop strategic skill sets (rather than tactical) combined w/ softer skills (i.e., problem solving, leadership, negotiation, etc.).
Hopefully, we are training our students to become consultants…to their own org. We try to develop strategic skill sets (rather than tactical) combined w/ softer skills (i.e., problem solving, leadership, negotiation, etc.).Thank you to Summit Polymers, Senneca, & Mann-Hummel for providing our students w/ problem solving projects this semester.:*Economies of Scale: From Discrete Plant Ordering to Global Supply Chain Optimization*5s plans for multiple product lines *SOPs for Receiving Validation and Inspection...
n 2022, China had more battery production capacity than the rest of the world combined. FYI: Georgia, Kentucky, & Michigan are going to dominate EV battery mfg in the U.S. by 2030. Michigan predicted to “dominate” EV battery manufacturing after $2B investment. https://lnkd.in/gimsb67c.
In 2022, China had more battery production capacity than the rest of the world combined. FYI: Georgia, Kentucky, & Michigan are going to dominate EV battery mfg in the U.S. by 2030. Michigan predicted to “dominate” EV battery manufacturing after $2B investment. https://lnkd.in/gimsb67c.https://lnkd.in/gNhJ_Gdx https://www.visualcapitalist.com/chinas-dominance-in-battery-manufacturing/ Michigan has tons of upside (we just need more people). Michigan to compete as mfg capitol of the U.S. w/ new center. Backed by the World Economic...