Art Koch’s Profit Chain® Tips
In Crisis – America’s Industrial Leadership
Volume 4 | Number 9 | September 2021
Too many executives in corporate leadership misread the substantial risk they were putting their customers and businesses in by moving overseas.
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Art Koch’s Profit Chain® Tips
Wuhan’s Butterfly Effect on Supply Chains
Volume 4 | Number 8 | August 2021
It’s quickly approaching two years, November 2019, when the COVID-19 was circulating in the area of Wuhan, China infecting the first cluster of humans. Since the first reported outbreak of COVID-19, a lot has happed around the world. However, that first cough or sneeze is likely the cause of the current global supply chain disruptions.
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By the spring of this year, Americans were optimistic about returning to everyday life after more than a year of shutdowns from the Covid-19 pandemic. Instead, the Covid-19 virus threw us a curve mutating into a more virulent but less deadly Delta variant.
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A colleague recently joined a new company as their CEO. During the first few weeks on the job and working through the due diligence of the current situation, there was a quick realization of the current state of disruptions engulfing their worldwide supply chains and the potential impact on current profits. https://youtu.be/QkuSqqR5Mmw
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I’m excited to announce a welcome addition to my monthly newsletter family. This month we are introducing Art Koch’s Profit Chain® Market Report (MR). The MR will be presented in a monthly format in conjunction with Deborah Brown, CEO of DDB Advisory Services. This is an opportunity to combine the financial background of Deb and …
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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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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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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.
Read article