Tompkins Ventures

I cannot overstate the power of global networks and Metcalfe's Law. The law, theorized first in the 1980s, says the value of a network grows exponentially with the number of users. All business leaders dream of exponential, not linear, growth. This principle has profound implications for businesses seeking hypergrowth. While internationalization is an important first step, true success requires fully embracing globalization and the multiplicative effects of tightly linked economies, cultures and populations. Multiplication beats addition. And you sure don’t want subtraction. Yes, I know we’re in an age where many are saying globalization is out, and many seem forced to subtract China. But the world is more than China, and you still can create global networks that deliver exponential value. You just might have to look harder. Read on to see how Metcalfe’s Law can save you in a fractured global landscape: https://lnkd.in/ePViRyJy #GlobalNetworks, #MetcalfesLaw, #ExponentialGrowth, #Hypergrowth, #GlobalBusiness

Are you struggling to find the right talent to lead your supply chain into the future? Well, I’ve learned a thing or two in my decades in the field. There’s no beating competency, integrity – and someone who can communicate in plain language. Those are essential if you want a supply chain executive or chief supply chain officer who can navigate a world of perpetual disruption. Read on to equip your leadership team with the know-how to lure the right people: https://lnkd.in/eb8mvmT5 #SupplyChainExecutiveSearch, #ChiefSupplyChainOfficer, #HiringSupplyChainTalent, #SupplyChainRecruitment, #SupplyChainLeadership

In a world of perpetual disruption, is supply chain a good career path? Well, only if you want intellectual stimulation that requires leadership, a deep understanding of global markets – and a lot of fun! My latest blog distills 50 years of experience – and mistakes – into a process that can help Whether you’re well into your career or just starting out. Choose from 25 factors divided into five key categories. Focus on what’s important for your future growth – or your current corporate path – and learn. Choose a career in supply chain, and as the band Chicago sang, you'll be “Feelin' Stronger Every Day.” #SupplyChain, #CareerAdvice, #SupplyChainCareer, #ProfessionalDevelopment, #SupplyChainExpert https://lnkd.in/etgNuxK2

Are you focused on the right ROI? CEOs fixate on return on investment. But in today's world of perpetual disruption, return on innovation will key long-term success. In my latest blog post, I explore why leaders need to invest in insights and ideas to drive true innovation. I break down: Why urgency often trumps innovation, leading to stagnation. How to build an innovation pipeline that transforms insights into game-changers. The importance of mining your mistakes to unlock breakthrough ideas. Plus, I share practical tips on cultivating innovation, even when time is tight. Don't let your business hit an iceberg while you're focused on the wine list. Discover how to prioritize innovation and future-proof your organization. Read the full article: https://lnkd.in/g92tn-2R #Innovation, #SupplyChainLeadership, #BusinessStrategy, #CEOInsights, #InvestInInnovation

Want an innovation that can make your next PE deal? And warn you of companies to avoid? My colleague Pamela Wiseman Supply-chain Strategy/ Digital/Transform recommends supply chain strategy. Seriously, the right supply chain strategy can make or break acquisitions, yet it's often undervalued during due diligence – and sometimes ignored after. In today's complex global landscape, this oversight can be costly. Operational expertise is vital both pre- and post-acquisition. A seasoned supply chain leader can uncover insights that go beyond financial reviews, identifying opportunities and potential pitfalls. You could discover deals you should make – and stay away from those that can kill your portfolio. Effective supply chain strategies can: Boost EBITDA Enhance valuations Create sustainable competitive advantages Turn crises into growth opportunities Don't let overlooked supply chain opportunities derail your deals. Learn how to leverage operational expertise for successful PE investments:  https://lnkd.in/ejCq2gCp #SupplyChainStrategy, #PEInvestments, #ValueEnhancement, #MergersAndAcquisitions, #PortfolioCompanies

Do you want to be #Blockbuster or #Netflix? Then you need to do more than think about generative AI and artificial intelligence applications. A recent survey noted that only half of CEOs are even interested in generative AI. And those that are interested are skeptical. But supply chain leaders who are early adopters are reducing logistics costs, decreasing inventory levels and increasing service levels. My latest blog examines why executives hesitate and the tangible benefits they miss. Read on and learn how to strategically adopt AI in your supply chain:  https://lnkd.in/etXzqYgj #AIinSupplyChain, #GenerativeSupplyChain, #CEOStrategies, #InnovativeLogistics, #NetflixInspired

It’s not even autumn, but smart business leaders are already revving up for Peak 2024 holiday shopping season. Just like last year, supply chain leaders face intensifying labor challenges, particularly in warehousing and distribution. ECommerce growth and increased return rates have accelerated the need for scalable, efficient labor solutions. My latest blog explores why embracing labor on demand is crucial for warehousing success this holiday season and beyond. Flexible labor offers operational advantages, mitigates risk and includes technology that is revolutionizing workforce management. Learn how to not just keep afloat, but stay ahead of, the coming maelstrom of Peak 2024 https://lnkd.in/e-VDNN4Y. #WarehouseLaborShortages, #Peak2024, #LaborOnDemand, #HolidayShoppers, #LaborServices

Ever wonder how Taylor Swift concerts, Peak 2024 holiday shopping and shipping, and changing land use are connected? You haven’t! Well, that’s surprising. Because they’re all reshaping the future of work and supply chains in surprising ways. My latest blog explores how: ·      Swift's tours create "peak events" affecting gig workers and local economies. ·      Peak 2024 holiday season demands new approaches to staffing. ·      Rural landscapes shifting from farms to warehouses transform career paths. These trends drive the need for workforce flexibility and innovative labor solutions. Business leaders, supply chain professionals and anyone curious about the evolving job market need to learn how these forces drive demand and create opportunities for businesses and workers alike. Read on to keep adapting to this changing landscape: https://lnkd.in/eGx3ncXP #FutureOfWork, #TaylorSwift, #Peak2024, #SupplyChainDisruption, #LandUseChanges

More bosses are terminating employees who refuse to return to the office. More employees are responding by telling control freak bosses to shove those lengthy commutes. My latest blog explains how these increased firings can torpedo your company’s work culture and productivity. When your best employees see their colleagues forced out, they look for jobs elsewhere. You don’t just lose your lowest performers; you lose your top talent. Dell is a great example. They offered employees a choice: Come back to the office or stay remote. Those choosing remote would lose any chance at promotions. Nearly half chose career stagnation – a stunning rebuke. Read on for more critical insights: https://lnkd.in/ey_EvEUg #ReturnToOfficeRebellion, #CompanySuccess, #FutureOfWork, #WorkplaceFlexibility, #ReturnToOfficeDilemma