April 28, 2021
SmartBrief on Business & Politics
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Top Story
Will a "no politics talk" policy help or hurt Basecamp?
Fried (Nicholas Hunt/Getty Images)
Project management company Basecamp's co-founders have discontinued "paternalistic" benefits such as fitness allowances, ceased 360 performance reviews, suspended diversity and inclusion committee work and forbidden discussions of societal politics on work accounts. "Companies ... must settle the collective difference, pick a point, and navigate towards somewhere, lest they get stuck circling nowhere," writes co-founder Jason Fried, reflecting on the infinite variations in what people want.
Full Story: The Verge (4/27),  Bloomberg (4/27),  David Heinemeier Hansson (4/26),  Jason Fried (4/26) 
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Change Management That Works
Kevin Plank, Under Armour's CEO, started the company in 1995 using his savings and credit cards, bringing in only $17,000 in sales in the company's first year, and last year it was valued at $4.48 billion. This article looks at what it took to scale and gives advice for entrepreneurs, including sticking with the idea even if success isn't immediate.
Full Story: Entrepreneur (4/26) 
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Incorporate collaboration between humans and machines rather than fighting artificial intelligence to make strategic planning as effective as possible, Ganes Kesari advises. Kesari writes that such "collective intelligence" can encourage people to be involved and make it easier to replicate strategic steps throughout the organization.
Full Story: Forbes (tiered subscription model) (4/28) 
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People - Planet - Profitability
General Mills is sourcing 100% of its top 10 key ingredients sustainably, according to its 2021 Global Responsibility Report. The report also finds General Mills has expanded its regenerative agriculture pilots to include 70,000 acres and is now the US' largest producer of organic and natural packaged food.
Full Story: Food Business News (free registration) (4/22) 
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Going Digital
New technology, including machine learning and artificial intelligence, allows businesses to efficiently respond to internal and external disruptions and changes. Procurement can begin the transformation needed to enable dynamic decision-making, improve sourcing insights, upskill workers and improve agility and flexibility, writes Keith Hausmann.
Full Story: Supply & Demand Chain Executive magazine (free registration) (4/25) 
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Research and Data
CPO survey: Supply chain resilience depends on agility
Agility is critical for supply chain resilience, according to Deloitte's recent Global Chief Procurement Officer Survey, in which CPOs shared insights on their digital transformations and capabilities. The survey also contains 26 actions to support agility including assessing current gaps, developing an agile mindset and developing a digital strategy.
Full Story: Spend Matters (4/26) 
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