tag:blogger.com,1999:blog-7553540756310570387.comments2024-03-14T00:00:39.732-07:00Andy NeelyAndy Neelyhttp://www.blogger.com/profile/09784285095942016738noreply@blogger.comBlogger32125tag:blogger.com,1999:blog-7553540756310570387.post-75893726320857510242016-10-31T02:29:09.747-07:002016-10-31T02:29:09.747-07:00Could Canada succeed with WTO rules access to the ...Could Canada succeed with WTO rules access to the US, unlikely. What the failure of CETA deal highlights is that to get a deal with the closest and largest trading partner, with whom we currently have a the freest possible arrangement, will be almost impossible.<br /><br />All very well to trade with the rest of the world but if the door is shut on the closest (and both time and shipping costs do matter in manufacturing) and largest partner then UK manufacturing will be in a position where the savings in input costs (paid for by inflation eroding the income and wealth of wage earners) are wasted on logistics and tariffs costs. Given the UK's negotiating position the new trade deals are highly unlikely to be favourable compared to the existing deals the EU has. Add to that the glacial speed with which these deals occur and we have a huge period 8 - 20 years while we negotiate our position in which much investment in building export markets is at unnecessary risk.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7553540756310570387.post-12398399605522217272016-10-26T05:49:29.912-07:002016-10-26T05:49:29.912-07:00The failure to sign the CETA deal with Canada high...The failure to sign the CETA deal with Canada highlights that the EU is ill-equipped to open up trading opportunities to the fastest-growing and/or largest economies in the world. <br /><br />While not downplaying the pain of unhitching ourselves from the current trading status quo with the Single Market, the increased (post-Brexit) likelihood of signing trade deals with 355 million North Americans, 30 million ANZ, adding an India here and an ASEAN there - this is where the real opportunities lie in the 21st century.<br /><br />And of course ... all of the above should in theory continue to be possible with a bespoke British trade deal with the EU which will *at least* be equivalent to CETA, and would probably be superior.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7553540756310570387.post-10162378835193153462016-10-15T05:23:31.394-07:002016-10-15T05:23:31.394-07:00Hi Andy And Fransico - re buildings - A relevant e...Hi Andy And Fransico - re buildings - A relevant example in AEC is public-private partnership - The classic one is where the contractor will operate the road for many years and get the toll booth money. Now we see similar arrangements for buildings. E.g Skanska are responsible for operating and maintaining the New Karolinska Hospital (their largest project ever) for more than 25 years.<br />Another example related to existing building portfolios are Energy performance contracting. A MEP contractor will together with the owner identify possible improvements, set goals and guarantee results. If performance goals are not reached the contractor will cover the difference. <br />We have seen similar situations in insurance where the insurer will suggest improvements and lower the insurance fee. Both parties wins as the risk and damages are lowered.<br />I totally agree that the use of BIM and related for both new building projects and existing assets will open up for further evolvement of business model innovation related to servitization Anonymoushttps://www.blogger.com/profile/00441148208664768796noreply@blogger.comtag:blogger.com,1999:blog-7553540756310570387.post-90736677199279016082016-10-14T23:02:47.777-07:002016-10-14T23:02:47.777-07:00Hi Francisco - absolutely, in fact there are effor...Hi Francisco - absolutely, in fact there are efforts by some building firms to servitize. Think of BIM (building information management) - efforts to create digital footprints of buildings that can be used to monitor the state of buildings across their lifetime. Some construction companies have moved into building and the leasing the buildings, capturing an ongoing revenue stream. I believe that servitization is a strategy that is open to any organisation providing complex, long-life span assets.Andy Neelyhttps://www.blogger.com/profile/09784285095942016738noreply@blogger.comtag:blogger.com,1999:blog-7553540756310570387.post-38151399398138281982016-10-14T03:35:16.813-07:002016-10-14T03:35:16.813-07:00very clear explanation Prof. Neely, thank you! Do ...very clear explanation Prof. Neely, thank you! Do you see that this concept can be applied to the built environment thinking of the building as "product". There are many existing services in the operation of the building, however the "manufacturer" (design and construction firms) do not take part in those services. Anonymoushttps://www.blogger.com/profile/07260929000552489624noreply@blogger.comtag:blogger.com,1999:blog-7553540756310570387.post-42968879073679451782016-10-04T03:10:35.841-07:002016-10-04T03:10:35.841-07:00Indeed, thank you prof. Neely for your clear defin...Indeed, thank you prof. Neely for your clear definition and the related examples. I can add an example related to my company, D'Ieteren: we are the importers of all cars from the VW Group in Belgium. Besides just selling cars, we offer to our customers a "We Care" contract, which for a modest amount/month guarantees all maintenance and repair operations, so that the customer always has a "tool" to be mobile that works. Regards. Eric Van der Stichelen HRD D'Ieteren Autoericvdsr@gmail.comnoreply@blogger.comtag:blogger.com,1999:blog-7553540756310570387.post-57293154837319054412016-09-29T07:54:41.461-07:002016-09-29T07:54:41.461-07:00can you post link to CRM articlecan you post link to CRM articleAnonymoushttps://www.blogger.com/profile/07428905011652398629noreply@blogger.comtag:blogger.com,1999:blog-7553540756310570387.post-27767048425415389312016-09-04T22:14:51.611-07:002016-09-04T22:14:51.611-07:00Hi Prof. Can you please expalin how Servitization ...Hi Prof. Can you please expalin how Servitization could be applied to the financial markets? And Is servitization differs from the (after-selling service)?<br />Thank you in advanceNariman Al-Hendinoreply@blogger.comtag:blogger.com,1999:blog-7553540756310570387.post-25553937900735161802016-08-10T08:06:16.795-07:002016-08-10T08:06:16.795-07:00Good opportunity for manufacturer to increase reve...Good opportunity for manufacturer to increase revenueM reddyhttps://www.blogger.com/profile/18264813852758011382noreply@blogger.comtag:blogger.com,1999:blog-7553540756310570387.post-79599419856935254142016-06-06T14:07:15.214-07:002016-06-06T14:07:15.214-07:00If Brexit was just a breakfast cereal then I might...If Brexit was just a breakfast cereal then I might try it once, but this is too important to entertain such loose thinking Ψhttps://www.blogger.com/profile/01369800687390616874noreply@blogger.comtag:blogger.com,1999:blog-7553540756310570387.post-7121615920383862472016-06-06T08:26:44.957-07:002016-06-06T08:26:44.957-07:00Well said, sir.Well said, sir.Eoin O'Sullivannoreply@blogger.comtag:blogger.com,1999:blog-7553540756310570387.post-43261679157902789462016-06-05T01:08:22.800-07:002016-06-05T01:08:22.800-07:00100% agree. Well put.100% agree. Well put.jon crowcrofthttps://www.blogger.com/profile/05692091803072506710noreply@blogger.comtag:blogger.com,1999:blog-7553540756310570387.post-13807947647944649702016-06-05T00:28:11.352-07:002016-06-05T00:28:11.352-07:00Hi Nazzim - thanks for the question. It would depe...Hi Nazzim - thanks for the question. It would depend on whether you were providing poultry products to supermarkets (or other stores) or providing goods to support farmers rearing poultry products. In the case of the latter you might imagine a model where the provider offers a guaranteed availability to the retailer - the provider monitors stock levels in store and ensures the retailer never runs out of product to sell. In the case of those providing equipment to the farmer you could focus on machine/equipment availability, provide infrastructure to allow the farmer to monitor the chickens - egg laying patterns, weight gain, etc. Ultimately its about understanding the outcome your customer or your customer's customer is looking for and working out how you deliver this.Andy Neelyhttps://www.blogger.com/profile/09784285095942016738noreply@blogger.comtag:blogger.com,1999:blog-7553540756310570387.post-15579540601468811632016-06-04T14:36:10.980-07:002016-06-04T14:36:10.980-07:00Andy, What a breath of fresh air and clear thinkin...Andy, What a breath of fresh air and clear thinking!! I completely agree with you.<br />Anonymoushttps://www.blogger.com/profile/12916024177169625309noreply@blogger.comtag:blogger.com,1999:blog-7553540756310570387.post-46581420732614383522016-06-03T03:02:39.878-07:002016-06-03T03:02:39.878-07:00Thanks Prof. Neely for the clear and easy to under...Thanks Prof. Neely for the clear and easy to understand explanation of 'Servitization'; how would you conceptually apply this concept to poultry products?nazimhttps://www.blogger.com/profile/00927627092375815078noreply@blogger.comtag:blogger.com,1999:blog-7553540756310570387.post-5340876764487568992016-04-01T02:58:49.488-07:002016-04-01T02:58:49.488-07:00Thank you very much! It really help me for my rese...Thank you very much! It really help me for my research. Hope can get more of your articles.Anas Hasbullahhttps://www.linkedin.com/in/anas-hasbullah-681114a2?trk=hp-identity-namenoreply@blogger.comtag:blogger.com,1999:blog-7553540756310570387.post-13332541369976136032016-03-18T03:12:39.933-07:002016-03-18T03:12:39.933-07:00Servitization is the direction to go for manufactu...Servitization is the direction to go for manufacturers. Thank you for the blog.<br /><br />Dr. K. Ragunathan<br />Raguhttps://www.blogger.com/profile/05444834814320321209noreply@blogger.comtag:blogger.com,1999:blog-7553540756310570387.post-30874387856770809782016-03-01T05:51:51.388-08:002016-03-01T05:51:51.388-08:00A new concept to me and well explained. Thank you...A new concept to me and well explained. Thank you, Andy!M.J. Arulhttp://www.arulmj.net/intro.htmlnoreply@blogger.comtag:blogger.com,1999:blog-7553540756310570387.post-13027154949634219352015-11-24T22:30:41.864-08:002015-11-24T22:30:41.864-08:00Cannot agree more with Andy. In the today's di...Cannot agree more with Andy. In the today's digital economy we cannot be sure what should be integrated into the GDP, can we? Due to digital technological advances many interactions are occurring in creation of value that is not part of GDP. For instance, what does the value of blogging contribute to the GDP in USA? There is plenty of evidence about how perspectives of GDP are supposed to be developed, but we must know that the metrics of measuring are as good as they are made good for measuring something – garbage in garbage out. The GDP lacks integration of today's use of e.g. Internet technology and its value, hence we miss the productivity that is occurring via today’s apps, aren't we?<br /> <br />In other words, the use of UBER, AIRBNB (think of taxi and hotels value) is good for well-being as Andy’s descriptions reminds us, but on the other hand this is bad for the today’s GDP that is based on money transactions e.g. countries are complaining about missing the collected taxes… I guess we are approaching a change in metrics, since the “fact that GDP may be a poor measure of well-being, or even of market activity, has, of course, long been recognized. But changes in society and the economy may have heightened the problems, at the same time that advances in economics and statistical techniques may have provided opportunities to improve our metrics.” See the GDP Fetishism by Joseph E. Stiglitz at https://www0.gsb.columbia.edu/faculty/jstiglitz/download/papers/2009_GDP_Fetishism.pdf, accessed 24.11.2015 for more.<br />Anonymoushttps://www.blogger.com/profile/13381889021741140036noreply@blogger.comtag:blogger.com,1999:blog-7553540756310570387.post-87485771654095014492015-11-22T17:44:12.560-08:002015-11-22T17:44:12.560-08:00Yes. excellent explanation. I found this term on t...Yes. excellent explanation. I found this term on the a book titled value proposition design, but i cant get nail that. Awaludin Zakariahttps://www.blogger.com/profile/11891033649893590656noreply@blogger.comtag:blogger.com,1999:blog-7553540756310570387.post-38838714727934902732015-10-23T05:24:11.817-07:002015-10-23T05:24:11.817-07:00Excellent explanation. Thank you.Excellent explanation. Thank you.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7553540756310570387.post-91248256770534621452015-10-11T12:57:41.213-07:002015-10-11T12:57:41.213-07:00Hi - thanks for the comment. Agree that this is th...Hi - thanks for the comment. Agree that this is the case if you assume the price elasticity curves are perfect descriptors of the world, but of course many would question whether they are. The key point I was trying to make is that we have to rexcognise the different ways in which productivity might be conceived and measured in the digital economy. Andy Neelyhttps://www.blogger.com/profile/09784285095942016738noreply@blogger.comtag:blogger.com,1999:blog-7553540756310570387.post-38319292780710437962015-10-07T10:39:32.037-07:002015-10-07T10:39:32.037-07:00But when prices go down, demand goes up, so P*Q=GD...But when prices go down, demand goes up, so P*Q=GDP does not necessarily go down.<br /><br />Anyways, although nominal GDP can be affected by price developments, changes in prices over time do not affect real GDP, which is the indicator actually used to compute productivity figures.LiUkSkYhttps://www.blogger.com/profile/13530379100479669437noreply@blogger.comtag:blogger.com,1999:blog-7553540756310570387.post-75714733881189110212015-09-17T05:58:28.311-07:002015-09-17T05:58:28.311-07:00Excellent .. Amazing .. I’ll bookmark your blog an...Excellent .. Amazing .. I’ll bookmark your blog and take the feeds also…I’m happy to find so many useful info here in the post, we need work out more techniques in this regard, thanks for sharing.<br /><a href="http://www.aughton.co.uk" rel="nofollow">www.aughton.co.uk</a><br />historypakhttps://www.blogger.com/profile/12429820414620086221noreply@blogger.comtag:blogger.com,1999:blog-7553540756310570387.post-22687842781108047262014-05-22T02:36:40.505-07:002014-05-22T02:36:40.505-07:00Excellent explanation. Thank you.Excellent explanation. Thank you.Anonymousnoreply@blogger.com