I hope your new year has started wonderfully. I know mine has.
This will be my first newsletter in two years, and you might be asking what I’ve been up to.
Read articleI hope your new year has started wonderfully. I know mine has.
This will be my first newsletter in two years, and you might be asking what I’ve been up to.
Read articleArt 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. We’re also seeing Gen X and Millennials leaving employers in record numbers.
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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.
Read articleArt Koch’s Profit Chain® Series
Volume 4 | Number 7 | August 2021
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.
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Series Volume 4 | Number 6 | June 2021
Let us begin our discussion with the fact that disasters are not a surprise and, therefore, can be avoided.
As most of you are aware, I live in South Florida, or more specifically, Miami. It’s a beautiful area with sun-soaked beaches and bodies and a plethora of luxurious cars and boats to keep your lottery dreams alive.
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Volume 4 | Number 5 | May 2021
Shortages -we’re living them every day: stock-outs of our favorite food, the new gadget for the home office, or deficiencies that are impacting our manufacturing processes. Even if they are not directly affecting us, we certainly have heard about them on the news. STOCK-OUTS!!
What’s driving these shortages? As a manufacturer, distributor, or retail store, is there anything we can do about it, or are we just powerless to change the status quo?
Read articleAre you addicted to Inventory? I know what you are thinking; I once was addicted to inventory too…and it nearly cost me a great job!
Read articleMost 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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Volume 4 | Number 3 | March 2021
Former US President Trump’s administration initiated Operation Warp Speed in March of 2020. The goal was to get multiple COVID-19 vaccines FDA approved within nine months. To put things in perspective, the typical time to bring a vaccine from development, clinical trials, production, and finally to administered doses is ten years! Not only was the goal achieved, but they were also able to ramp up vaccine production to 100 million doses at a rate of one million per day within 30 days of approval.
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Volume 1 | Number 2 | February 2021
I’m not telling you that any of our team members or I got COVID. My argument here is that the business got COVID.
More and more, I’m discussing the current situation with my client’s leadership and witnessing the long-term effects of having their team members working remotely.
Before the pandemic, businesses were functioning relatively well. They had daily visual management meetings where opportunities received rapid responses from highly engaged associates, and issues could be swiftly escalated when necessary.
During the last few weeks, I re-engaged with a past client. Speaking with three of their leadership team members, they voiced the same concerns and comments as my other clients, that COVID remote work is negatively impacting their productivity and teamwork.
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