Art Koch’s Profit Chain® Series
Volume 3 | Number 10 | October 2020
What if I were to tell you that you have an untapped resource within your organization and that it’s free to you if you know how to slow down and dive in and find it? It is how leaders discover, cultivate, and sustain the hidden genius in their organization.
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Competition has been and always will be tough, so get over it!
What if I were to tell you that you have an untapped resource within your organization and that it’s free to you if you know how to slow down and find it?
Lead from the HEART.
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Welcome to this issue of “How to Strengthen and Grow your Business.” In these unique and challenging times, there are opportunities to strengthen, to grow, and to become more valuable to your existing customers and to new customers.
We are all innovators. We innovate when a customer says no to a sale, and we figure out how to improve. We innovate when we develop a new offering and promote it to our existing customers and to new prospects. The key is to take action, keep your feet moving, fail fast, figure things out, adjust, and persist.
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I guess it takes a pandemic for many corporations to wake up and understand the same values I’ve been instilling with clients since 1989?
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Art Koch’s Profit Chain® Series
Volume 3 | Number 9 | September 2020
What is entropy? It’s the old farmhouse falling into disrepair. Have you started the day with a game plan, and before you get in the door of your office, “Poof,” the plans have vanished into thin air? It feels as though the day is managing you, rather than you managing the day. It is Entropy at work.
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Art’s Law #3 1% = 50%
The 80/20 Rule is not sustainable for problem resolution. We need to think about 80/15/4/1. Where the last 1% of demand typically represents 50% of business complexity.
The last 1% of demand or purchases create 50% of the customers, suppliers, or product numbers.
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Stop letting the process manage you! Become the champion of your game plan and achieve sustainable profits.
Entropy is a giant sucking sound to your profits!
Follow my three-phase methodology to breaking your entropy creep!
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Hi Team Art!
An update on our COVID-19 journey.
I’m still mostly hunkered down in Miami and getting out to eat couple times per week, but to only low density and with outdoor seating.
Thus far, I’ve have been COVID free.
We went on our first flight in five months to Michigan to see our Mother. She is 89 years; we were finally able to visit her at the assisted living home.
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Art Koch’s Profit Chain® Series
Volume 3 | Number 8 | August 2020
Before the pandemic, in 2017-2018, we had witnessed the peak of globalization. Results of several recent polls taken of industrial leaders indicate that between 65% to 85% plan to re-shore, nearshore, or insource products manufactured in remote parts of the world to reduce their supply chain risk.
When I first started to write about this topic, I received mixed reviews. Not everyone believes that extended supply chains negatively impact Total Cost of Ownership to the extent of my views. Regardless of whether or not you agreed with me back then, there is no denying that we are now in the midst of a seismic global manufacturing shift. Are you ready for the change?
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