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Pinky Extended, He Sipped His Earl Grey . . .

By Art van Bodegraven | 12/06/2015 | 7:02 AM

So where lies the difference between early adoption and staking out an arrogantly pretentious position? When is it smart to, risks understood, invest in technology that is not quite proven, and when is it folly that any fool can see through to acquire the latest and greatest simply because you have enough dead presidents in your wallet to buy in?

And, whatever your decision, what is the right time? Will it have what kind of impact on your competitive position? Are your competitors likely to quake in awe, or giggle in amazement?

I'll suggest that the right decision at the right time might be seen by some as showing off. In my mind, it would qualify as falutin'. In the converse, shoving un-necessary tools in the faces of competitors, customers, suppliers, and employees would be foolish, hostile, and, my words, high-falutin'.

The choice and decision are not slam dunks. They require sober analysis, deep looks into the future - of oneself, customers, and social change, especially globally. But, investing in, adopting, integrating, and using the power of keys to the future that others have not yet seen is a platform for success and longevity.

Falutin' is a good thing, and if the industry laggards see it as high-falutin', so be it. They'll have to answer to shareholders as their enterprises near the bottom of the tubes they are going down.

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About Art van Bodegraven

Art van Bodegraven

Art van Bodegraven (1939 - 2017) was Managing Principal of the van Bodegraven Associates consultancy and Founding Principal of Discovery Executive Services, which develops and delivers supply chain educational programs. He was formerly Chair of the Supply Chain Group AG, Partner at The Progress Group LLC, Development Executive at CSCMP, Practice Leader with S4 Consulting, and a Managing Director in Coopers & Lybrand's consulting practice. Concentrating in supply chain management and logistics for over 20 years in his 50+ year business career, he has led ground-breaking strategic, operational, and educational projects for leading US and global clients. Art was principal co-author of DC Velocity's Basic Training monthly column for a decade, and was the principal co-author, with Ken Ackerman, of Fundamentals of Supply Chain Management, the definitive primer in the field. His popular blog, The Art of Art, has been a staple of DC Velocity's web site since its inception.



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