Art Koch’s Profit Chain® Series
Volume 3 | Number 4 | April 2020
Can you imagine the United States outsourcing 80-85% of our defense contracts to the lowest bidder?
And if we were to do this, would we be putting our national security and sovereignty in great jeopardy? Absolutely! This is exactly what the health care industry has done to the US!
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Most of my advisory work involves helping outline, reviewing or critiquing project plans, of one sort or another.
I routinely nudge or push the team to go faster, to be quicker, and to “Fail Fast…Learn Fast…Fix Fast…!
Too often people seek Perfection in what they do, and it is NOT attainable. This pursuit delays fixing critical processes that will increase customer loyalty, corporate culture and profits.
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As the reality and the shock of the Covid-19 crisis are starting to settle, business leaders and owners should be taking immediate action to protect business today and secondly mobilize their entrepreneurial skills to seize opportunities as they arise.
This global pandemic is already having a profound impact on small- and medium-sized businesses, but now is the time to prepare strategies for recovery. Listen to this podcast produced by Dan Weedin in Seattle where he interviews business experts from Seattle, Portland, Miami, Canada, and Australia on what business owners should be thinking about during the Covid-19 crisis. Recorded March 18, 2020.
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The Shrimp Tank | Seattle Episode 86 – COVID-19 Expert Panel
We find ourselves in interesting times. Unprecedented times with a global pandemic that is severely impacting both individuals and businesses; especially small and medium-sized businesses.
Being in Seattle, we have been at the epicenter of the outbreak in the United States. To that end, we are practicing responsible social distancing and not holding a live podcast and have rescheduled our guest to another time in the future. Co-host Dan Weedin has recorded a special podcast related directly to responding to the COVID-19 crisis. Dan has recorded an interview with four global experts and colleagues of his to help you figure out what to do right now and this week to respond and set up recovery strategies.
Listen to the podcast.
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Art Koch’s Profit Chain® Series
Volume 3 | Number 3 | March 2020
The Call of a Generation – Navigating the Covid-19 Crisis
As our parents, grandparents, and great-grandparents before us, each generation was called on to make sacrifices for their country: whether it was during World Wars, The Great Depression, or similar pandemics such as the Spanish Flu. Today, WE are the generation who must make the sacrifices. We will get through this as stronger people, stronger nations and partnerships. Please remember, as bad as this feels, no one is dropping bombs on us or shooting at us!
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Entropy Busters® Series
Volume 3 | Number 2 | February 2020
I started with, “Let’s start with the realization that plan “A” to relocate operations to China had a major flaw. If you moved manufacturing to China, India or any other low-cost producing country with the intention of importing goods back to North America or Europe (half a world away), then your plan was unsound!” The primary focus was on inventory velocity, total cost of ownership and the ethics of investing. Now we are in the middle of a S^&% storm of COVID-19 with world-wide impact to supply chains and the global economy.
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How are your teams at? Forming Norming Storming Performing How well your teams move through these steps will determine their impact, performance and conflict levels. https://youtu.be/XAQC_Am5ywU
Read articleIf you’re like me, you likely rely on e-mail for many for functions.
Many times we take to path of least resistance. When you’re a Supply Chain or Operations team member with a heavy work load trying to get the daily task completed, it’s common for short cuts to be taken; hence the path of least resistance. These work-arounds become tribal knowledge and halt proper change management.
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Volume 3 | Number 1 | January 2020
Scrapping the Notion of New Year’s Resolutions
We are now into the third full week of the New Year. If you made resolutions, how many are still in-place? Statistics show 90% are dropped within the first 30 days.
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When Ludicrous becomes Scandalous.
I like to have fun with the words ludicrous and scandalous. By personal definitions are as follows:
Ludicrous; We’ve all been there… Billy always has the crazy ideas. Often, they’re actually worth looking into and determining if they have any substance. However, with any good brainstorming there are the occasional ludicrous ideas. There is absolutely nothing wrong with the occasional ludicrous idea, just don’t spend resources on it.
Scandalous; Is spending time and money on that ludicrous idea…!
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