Published January 30, 2015 I always look for trends as I find that the 80/20 of success comes from watching and proactively addressing trends. This week, it has been obvious that if we are NOT willing to take prudent risk, things are likely to go awry. For example, if [...]
Businesses face many hurdles—some we can control and others we cannot. How we manage risk is what determines our success. As this topic came up frequently at the APICS 2013 conference and has affected almost every one of my clients in the last year in some manner, I thought [...]
Published in ThomasNet News on Oct. 1, 2013 As part of a disaster plan, manufacturers should set up transportation agreements with at least two carriers, and use each on a regular basis, said Supply Chain Expert and Consultant, Lisa Anderson, MBA, CSCP, CLTD President of LMA Consulting Group. Click [...]
In today’s new normal business, prudent risk-taking can pay off greatly for your company. Risks abound in today’s market! Products are stolen during transit. Natural disasters occur. Political conflicts arise. Ports go on strike. Securing information is no longer easy – or inexpensive. Customers go out of business. Investments [...]
There are more and more stories in the news related to managing and mitigating risk. As companies go out of business, struggle to attain Sarbanes-Oxley compliance, etc, doesn't it seem a bit radical to recommend building an appetite for risk? Not if you build your appetite for risk, backed [...]
Meant to protect investors and increase transparency in corporate accounting, implementing the Sarbanes Oxley Act takes some organizational introspection. The 2002 Sarbanes Oxley legislation (new, enhanced standards for all U.S. public companies) was established in response to high-profile financial scandals (Enron etc) in order to protect shareholders and the [...]
How can we not only "get through" today's new normal business environment but THRIVE? In my 20+ years of experience as both an Operations Executive and as an entrepreneur and business consultant who has worked with multiple companies ranging from start-ups to multi-billion dollar enterprises across varied industries and [...]
Stay on top of trends to stand out from the crowd. Those executives who stay on top of the latest trends and search for patterns and trends in their business are far more successful than their counterparts. In my 20+ years of experience across multiple industries and globally, I've [...]
As the cost advantages for outsourcing dry up more companies are bringing manufacturing back to North America. Re-shoring may increasingly be your best bet for improving customer service levels without going broke. GE has started to rev up Appliance Park again - and is starting to bring manufacturing back [...]
