Floods in the South…fires in the West…and a global pandemic! And we haven’t even gotten to the worst of hurricane season. No wonder businesses are reeling. There has rarely been such a confluence of disasters as exists today. An article in FleetOwner covers the wildfires in the West, where the […]
Crisis Planning
There is no better time for cybercriminals and fraudsters to attack businesses than during a crisis. But there are things that companies can do to mitigate the risk. A few weeks ago, I posted an IdeaXchange blog discussing the ways AI (artificial intelligence) could help businesses. In that blog, I […]
The trucking industry was riding high: trucks were operating at capacity; new technology and new trucks were being added to the vehicle count; and it looked as though the economic boom would continue unabated. Then the global economy ran into the “Black Swan” disruption of COVID-19. Every successful business has […]
We are facing so many crises right now; this is a time when good, believable, and relevant communication within the workplace has rarely been more essential. In a recent IdeaXchange blog I suggested that leaders who have good communication with their employees and their customers will rise above those who […]
COVID-19 has impacted so much in our personal and business lives, but perhaps nothing in business has changed as drastically as the move to working from home. What happens when the pandemic ends? Working from home, or working remotely, is definitely not a new concept. Certain parts of the workforce […]
At a time when we are all impacted by the pandemic, this may be the perfect opportunity to look at how technology and innovation will improve healthcare in the future. Before the COVID-19 crisis occurred, I attended an event where one of the main speakers was Dr. Daniel Kraft, founder […]
There will be life after COVID-19. How we approach our fleet decisions now and how we adapt to potential changes will likely make a major difference in future growth or decline. COVID-19 has wreaked havoc in all aspects of our business and personal lives. For many of us, balancing work […]
Just-in-time (JIT) inventory has been a way for companies to optimize profits for decades. Now we many need to redefine JIT. Toyota is credited with the concept of JIT manufacturing, an inventory manufacturing strategy used to improve profit by only receiving goods as they are needed in the manufacturing process. […]