The next big thing on this planet will be ecosystem thinking among businesses as well as society. Ecosystem thinking will allow us to ensure future competitiveness and our capacity to change.
If you work for any bigger company chances are you have recently started a transformation project. It is also likely that the idea of transformation is still somewhat fuzzy but it is generally believed that the transformation is about a change that is somehow related to digitalization.
Global item management is even more challenging than business bookkeeping. Bad accounting entries can always be corrected, but an incorrect or duplicate item is like changing a faulty engine valve: you have to dismantle everything before you can replace a valve that you already paid for once. The procedure is purely a cost that adds no value at all.