Tag Archive: travel

My Favorite Pre-COVID Travel Destination & Travel During Lockdown

July 26th, 2020

As my long-term newsletter subscribers know, I enjoy traveling. Of course, during lockdown, I haven’t even gone to visit my Mom in Arizona since you never know what unintended germs you might bring along for the ride. So, I thought I’d go back to my favorite recent (within the last few years) travel destination. What do you think about Taormina, Sicily?

 

 

What’s not to like? The smell of citrus trees, cobblestone streets, beautiful seascapes, Mt. Etna serving as a backdrop, and excellent food… I was fortunate to stay both on the hilltop at the edge of town and on the beach with a beautiful view and relaxing atmosphere (favorite hotel thus far in my travels). I saw it as a win-win! I had effective strategy discussions and toured around the area enjoying the country. Because I really enjoyed the trip, I plan to return someday although I’d also like to see new places. Where do you want to travel when the coronavirus is no longer a concern? What should we do in the interim?

One Tip to Implement This Week:
Well, certainly, when it is safe, I look forward to visiting my Mom and family again. With that said, a few short road trips might be a nice option in the interim.

And, you can ‘travel’ around the world on Zoom. I participate in a global strategy group with consultants from Australia, New Zealand, Japan, Canada and the U.S. I am co-Executive Director of the Society for the Advancement of Consulting.  We have Zoom calls with members around the globe (15 countries and counting). I also participate in a Global Supply Chain Think Tank with supply chain experts from the Pacific Rim, Europe, and North America. The list could go on….

While on these Zoom calls, I learn about what is going on around the world and with the people next door, in the next state, across the country and across the globe. Are you curious as to what is going on around you? How about how people are holding up? Perhaps try taking a short trip to the next town, next state, next region or next country. Learn something of value that you can share with friends and colleagues. I’d be curious to know what you learn. Drop me a line.

If you are interested in learning about global trends as it relates to manufacturing and supply chain, read my free eBook Future-Proofing Manufacturing & Supply Chain Post COVID-19.



The Amazon Effect is Still Going Strong!

July 1st, 2019

The Amazon Effect remains top of mind with CEOs. Whether they compete directly (which is less than 1% with my clients), supply or distribute for Amazon (which is a slightly higher percentage) or are just impacted by the Amazon Effect, it is a major source of concern and/or opportunity. Have you thought about what Amazon is doing lately and how it might impact your business? Better yet, have you thought about becoming the disruptor?

Here are a few of the latest headlines about Amazon (all in the last few days):

  1. Kohl’s will accept Amazon returns across the board starting in July – The pilot programs in Los Angeles, Chicago and Milwaukee have been successful. Kohl’s and Amazon see this as a win-win.
  2. Amazon announced that one-day free shipping will be the standard for Prime members – It is very hard to go backwards once you get accustomed to a new level of service. All organizations watch out!
  3. Amazon is interested in buying Boost from T-Mobile and Sprint – There is no telling what Amazon is thinking of disrupting next.
  4. Amazon seems to be saying it isn’t a retailer – It appears as though the threat of Amazon purging thousands of smaller vendors from its core business is coming true. Stay tuned…
  5. Amazon makes a big splash in the travel industry – In India, Amazon will offer flight booking services.

Amazon gets a ridiculous number of headlines. In the interim, one of the last Sears stores in Phoenix had a massive closeout sale recently. Sears used to be the Amazon of the times 50 years ago but lost its way with a few strategic missteps and lack of innovation. Waiting around for Amazon to determine your course is not a wise move. Instead, think proactively about your strategic advantage and how you’ll get out in front of the crowd.

Think about what Amazon and other competitors do not do well.  Find a way to capitalize on these opportunities. Of course, you’ll have to adhere to the new model of doing business – rapid deliveries with short lead times and high tech opportunities.  Find what is unique to you and your product or service and drive differentiation in your market segment.

We find that there is significant change occurring across the board. Perhaps the reason some companies are vertically integrating is to do what Amazon cannot do completely at this point: take control over the complete supply chain. Amazon seems to be pursuing this strategy as well when it comes to transportation infrastructure although last mile delivery is quite the challenge. If you’d like to get an assessment of your business and profit opportunities as it relates to the Amazon Effect, please contact us.

 

Did you like this article?  Continue reading on this topic:

UGG Founder, the Amazon Effect in Healthcare & Why Demand is Key

The Resilient Supply Chain: What If You Sell More?

 

2019 Predictions Document

Find out how pricing relates to 2019’s predictions. If you missed our 2019 Predictions Document, download yours here:

 

 

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