Worried about why business is underperforming the economy? Play the 'beer game', as they do at MIT's Sloan School of Management. Participants play retailer, wholesaler and brewer. Beer sales suddenly double, so the retailer reacts. Because of time-lags between doubling orders and delivery, his stock dwindles; he doubles again. The wholesaler reacts likewise, running out - eventually raising orders 20-fold. But as orders vanish, both become overstocked. By operating in isolation, they turn a benefit into a catastrophic chain reaction. Beer game players learn: 1, to forecast better by tracking ultimate customers; 2, to collaborate with others; and 3, that they aren't so smart. Placing orders to cover those received is simple but suboptimal; three-quarters of players do worse.
The epic fantasy series could be a very... precious investment.
The woman who challenged the government over Article 50 says she's not fearful, she's fearless - that's why she speaks up.
It's not just women shouting about pay gaps and promotions. Our 'Agents of Change' powerlist recognises the male executives who are pushing for parity. Nominate now.
Drowning in your to do list? Revisit Stephen Covey's time management matrix.
There's more money for housing, transport and Brexit.
FROM THE ARCHIVE: Does the very sight of your PowerPoint deck bring you out in hives? Despair not.