The five myths of Business Strategy
Consider some of the most popular myths: Lightning never strikes the same place twice—it does. There is no gravity in space—there is, just less. Humans only use 10% of their brains—actually, a lot more—yes, even men. Pigeons blow up if fed uncooked rice—they don’t. Which myths or half-truths have permeated your organization and what effect have they had on your business? Running a business on myths, flawed business principles, and...
Year-end Tax Planning moves for small businesses
It’s hard to believe 2019 is almost over! It’s been a busy year in many sectors, often forcing small business owners to put tax planning on the back burner while they’ve tended to daily business operations. But procrastinate no longer. Consider the following moves to lower your 2019 business tax bill before ringing in the New Year. Time Income and Deductions from Pass-Through Entities Most small businesses are set up...
What leaders say, is not always what they do
We’ve all been in an organization that’s been on the cusp of implementing change. There were some internal rumblings about addressing some challenges which were hanging around for a long time. Leadership conducted a few discussions on the issues. A study, review, or evaluation was conducted. Fantastic! We have momentum! These challenges will FINALLY get addressed! However, in the coming weeks, things seem to slow down....
Why invest in battery monitoring?
There are probably several things you could do to improve inventory movement and boost your facility’s bottom line, but battery monitoring might be the easiest one to implement and generate the greatest results. Battery monitoring technology is an investment that pays off because it easily lets you drive efficiency by monitoring your batteries, the charging habits, and the rotations of equipment – all of which saves money....
Human error and language barriers impact warehouse safety
Safety in a warehouse or manufacturing facility requires more than goals. Your software platform should be a valuable tool to relay information and improve safety, but this only works if everyone understands the language used to deliver information. It may seem impossible to translate all literature for employees facing a language barrier, but you can. Fact is, a large void in safety exists if checklists and safety compliance...
First Aid for burned-out teams
The team’s exhausted. They’re burned-out, and I am too. I don’t know if we can recover. We’ve been working at 150% for over a year – at least most of us have. More change? Really? We’ve been through three major transitions in as many months. Everyone is really on edge. I am pretty sure Susan is going to quit. Team? We work in the same building, but that’s about where it starts and stops. I’m hoping to get out of here soon. Even in the...
What’s Diversity and Inclusion without strategy?
One of the hottest topics in business today is the concept of “diversity and inclusion”. Many of the organizations we work with lament about their challenges in this area, stressing their need to “get more diverse” and struggle to build a more diverse workforce. They talk about needing “more representation of minorities” and ask about “recruitment techniques” to help bolster their ranks....
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