The timeline for companies to react to the Covid 19 has shrunk dramatically. Here are five principles that leaders can follow to make smart decisions quickly during the pandemic. by Andrea Alexander, Aaron De Smet, and Leigh Weiss —- McKinsey & Company article Leaders know that making good, fast decisions
The coronavirus crisis is a world-changing event. Here are sevenelements for business leaders to consider as they plan for thenext normal. April 2020 by Kevin Sneader and Shubham Singhal story found HERE The coronavirus crisis is a world-changing event. Here are seven elements for business leaders to consider as they
Things your Business Continuity Plan Should Consider Much has changed since the time of my original writing of this article. As of now, due to the Covid-19 spread, most governments have made the decision to close all non-essential services and that has resulted, in many cases, in a further slowing
We are in a time of business crisis like never before and many business owners and leaders have never experienced a threat as critical as this. Business survival and the health of our teams have become mission critical. Cash flow is drying up, suppliers are shutting down, our employees are
Over the years, I have led numerous dealership acquisitions in the Heavy Truck, Construction Equipment, Materials Handling and Agricultural dealership world. Some of the biggest challenges we had were around people, culture and leadership, especially in the few critical months after the acquisition. It became very apparent over several acquisitions
A few years ago, one of the Service Department Operations I was responsible for was a chronic under-performer. Our customer satisfaction ratings were deplorable, technician turnover was at seventy percent, technician efficiency was below forty percent, and our service manager and service writer turnover were three hundred percent in one
Article by Yvonne Thevenot Tapped for an executive appointment? Job gone? Applying for your second-third role? Applying for a new role, new department Declined for a role? Been promoted overseas?….. The list goes on! As we consider these crucial career moments it is almost guaranteed that if you have experienced
When you speak to most “Dealer Principals” and ask them, “what area of your business has the most room for improvement?”, it’s usually the Sales Department. After many years of leading equipment dealer organizations, the root causes of these frustrations and average or poor results are almost always the same.
We have all heard the terrifying numbers that eighty-five percent of all acquisitions fail to add value or completely blow up! These kinds of statements prevent most companies from pursuing acquisitions when they need not. In the following story you will see why and how having an intimate understating of
Finding the root of the problem and taking corrective action. Derrick is a long-term employee who works in your shipping department and is responsible for ensuring back-order shipments are filled the day parts arrive from the warehouse. He is also responsible for prioritizing all repair order parts while receiving stock.