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Change Management in the Current Environment
  • Change Management in the Current Environment

    Preparing for a Downturn

    Over the last few months, none of us have been operating as usual. Swift action has taken place in all parts of every business.  Actions that typically would take months of reviews and decision making have been done in weeks, days and hours.  In trying times, we bypass the strict regimen of decision making and discard many of the minor concerns that get in the way of quick decision making. That is possible because business teams have …Read More

    This entry was posted in Business Transformation, Organizational Development, Re-Opening Your Business, on June 11, 2020
  • World Class Manufacturing and Distribution – Wrap Technologies – Group50

    Preparing for a Downturn
    The Group50 team and I are very proud of working with Wrap Technologies (WRTC) to design and implement a world class manufacturing and supply chain infrastructure for their BolaWrap 100 restraint device which significantly reduces the force required to subdue suspects – taking the brutality out of apprehending suspects and making policing safer. In this project, we worked with the WRAP team to implement their technology backbone, create their supply chain operating and management systems and design their manufacturing facilities and production cells. Made in America from the ground up. Seldom do we get this type of opportunity and we are focused on implementing more manufacturing in America.

    …Read More

    This entry was posted in Business Transformation, Information Technology, Manufacturing and Distribution, Supply Chain Optimization, on June 3, 2020
  • Leveraging the Paycheck Protection Act – Team Based Process Re-engineering

    Preparing for a Downturn

    In the next few weeks, companies with under 500 employees will start receiving payments from the Paycheck Protection Act and all companies will continue to make important decisions on how to structure themselves to deal with the current downturn and prepare themselves for the future (Here is one view of the future …Read More

    This entry was posted in Business Transformation, Cost Takeout, Manufacturing and Distribution, Organizational Development, Strategic Execution, Supply Chain Optimization, on April 13, 2020
  • Recession Planning and Fine Tuning Your Business Plan – Webcast

    By: Admin   |   Leave a Reply
    Preparing for a Downturn

    Group50 sponsored this webinar which focuses on Recession Planning and Fine Tuning a company’s business plan in turbulent times. Subject matter experts in Finance, Leadership and Operations discussed best practices and the Do’s and Don’ts they learned during their corporate and consulting careers and multiple economic cycles with hundreds of companies ranging from start-ups to Fortune 100 companies such as GE, Black & Decker, Deloitte, Underwriters Laboratories and …Read More

    This entry was posted in Business Transformation, Cost Takeout, Manufacturing and Distribution, Strategic Execution, Supply Chain Optimization, on March 26, 2020
  • Global Recession and Recession Planning – Are You Ready?

    By: Admin   |   Leave a Reply
    Preparing for a Downturn

    We are in a global recession according to global experts in a recent Forbes article. Don’t let this be your Kobayashi Maru – No Win Scenario. Every dollar not spent by consumers reduces downstream spending by 43% according to the current velocity of money statistics. No matter what business you are in, you are being impacted by this atypical recession, one that will likely rival the tech bubble of 2001 and the financial collapse of 2008. If you don’t agree, no need to read further, but can you really take that risk? …Read More

    This entry was posted in Business Transformation, Cost Takeout, Manufacturing and Distribution, Organizational Development, Strategic Execution, Supply Chain Optimization, on March 18, 2020
  • The Art of War – Strategic Planning and Strategic Execution

    Preparing for a Downturn

    There is a book; a book said to be so profound that any general or leader who implemented its teachings and strategies would be invincible.  The book was kept in the Forbidden City and shared only with the most elite. The book was written around 500 BC, it’s old, very old. Word of the magical book had spread through myth and conjecture over the centuries. Imagine …Read More

    This entry was posted in Business Transformation, Strategic Execution, on February 1, 2020
  • What is OMNI Channel? – Where Does It Fit?

    Preparing for a Downturn

    All of our clients are having OMNI channel discussions these days. Why? Because OMNI Channel is the front end of the supply chain and has a significant impact on supply chain optimization. These discussions are fraught with a lot of misunderstanding of what OMNI channel is and how it supports the company’s Market Effectiveness.  Googling OMNI Channel delivers …Read More

    This entry was posted in Business Transformation, Information Technology, Market Effectiveness, Strategic Execution, Supply Chain Optimization, on January 25, 2020
  • CRM Traps and Pitfalls to Avoid

    Preparing for a Downturn

    Since the inception of Sales Force in 1999, CRM has gained incredible popularity in just about every business.  Recent research indicates that over 90% of companies with over 11 employees use some kind of CRM. It is now used to document any customer related information you can think of and is part of a company’s Market Effectiveness.  The great news …Read More

    This entry was posted in Business Transformation, Information Technology, Market Effectiveness, on January 25, 2020
  • Why Should You Care About Blockchain and IoT?

    Preparing for a Downturn

    Over the last 2 years, the hype around blockchain has cooled down significantly and IoT continues to penetrate everything we do. Our use case research has found over 400 significant business implementations in just about every industry and it is expected that the 12 billion IoT devices in 2020 will grow to 25 billion by 2025. The World Economic Form believes that Blockchain and IoT has the potential to reduce cost in global GDP by $3-5 trillion over the next 6 years. I believe that number is understated.

     So, why should you care? …Read More

    This entry was posted in Blockchain IoT, Business Transformation, Manufacturing and Distribution, Supply Chain Optimization, on July 13, 2019
  • The Internet of Things – IoT : Making sense of Its Components

    Preparing for a Downturn

    The phrase “Internet of Things ( IoT )” or “Internet of Everything ( IoE )” and its application to manufacturing and distribution does not bring to mind a concrete set of images or business approach to most senior executives.  In fact, the opposite is true, …Read More

    This entry was posted in Blockchain IoT, Business Transformation, Information Technology, Manufacturing and Distribution, on May 17, 2019
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