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Another Casualty of the Smartphone War

https://www.reuters.com/article/us-lg-elec-smartphones-idUSKBN2BS1M3 There was a big announcement in technology this week, with South Korea's LG announcing they will shut down their smartphone business effective July, 2021, and shift their investment and focus toward smart home products, electric vehicle components, robotics, artificial intelligence, business-to-business products and other connected devices. So, what happened? A Quick History of the Smartphone …

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Will Ford’s Problems Be Solved with Car Guy Jim Farley as CEO? — Latest Content – Car and Driver

In a one-on-one conversation with Autoweek, Ford's soon-to-be-CEO talks about what he has planned, including making more Fords people can afford.Will Ford's Problems Be Solved with Car Guy Jim Farley as CEO? — Latest Content - Car and Driver There's something satisfying knowing the incoming CEO of a fabled car company is in one of his …

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Virtual Meeting Fundamentals

I read the below article on virtual meetings from Julie Winkle Giulioni with a smile on my face. https://www.smartbrief.com/original/2020/07/how-run-effective-virtual-meeting-stop-blaming-zoom Prior to COVID-19, most of us used some method of virtual meeting technology and application, but it was the exception, not the norm. What certainly was the norm? Meetings. Lots of Meetings. More than we want …

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Vitamin D’s Role In Fighting COVID-19

https://www-dailymail-co-uk.cdn.ampproject.org/c/s/www.dailymail.co.uk/news/article-8432321/amp/Government-orders-review-vitamin-D-role-Covid-19.html One of the most frustrating aspects of tracking and attempting to decipher the risk factors concerning COVID-19 is the lack of consistency and solid "root cause" data being shared by recognized experts. The World Health Organization (WHO) lost tremendous credibility with their blatant "follow the leader" approach to regurgitating what China was telling them, …

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Changing Consumer Behavior Post COVID-19

https://progressivegrocer.com/whats-next-cpg-brands-unprecedented-times?utm_source=omeda&utm_medium=email&utm_campaign=NL_PG+Daily+5&utm_keyword=&oly_enc_id=5012I1567089B5Y The CPG (Consumer Packaged Goods) industry has experienced an enormous change in the last 4 - 5 months due to COVID-19, but this is likely only the beginning. Leading CPG executives have talked about revamping supply chains, applying 80/20 simplification to ensure adequate supply of high demand items, and brands that were forgotten have …

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The Entrepreneurial Leader Conundrum

https://www.smartbrief.com/original/2020/06/why-entrepreneurs-become-bad-managers-and-how-be-better-one In the attached article, Rizwan Virk writes about a classic conundrum all entrepreneurs must deal with as their company grows; how to convert from a "doer" to a "leader." Virk talks about how entrepreneurs can quickly fall into bad management behavior by getting trapped in one of two scenarios: MicromanagementAbsentee Management Obviously these are …

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Applying 80/20 In A Pandemic

https://www.supplychaindive.com/news/coronavirus-supply-chains-SKUs-pandemic-Mondelez-Procter-Gamble-Coca-Cola/579017/ The attached article from Emma Cosgrove highlights the urgency of simplification and focus when faced with significant demand fluctuations like we have seen during the COVID-19 pandemic. Some of the biggest, best and most admired consumer packaged goods (CPG) companies like Mondelez, P&G and Coca-Cola found out how important the 80/20 principle is during …

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Leadership Agility & Empathy

https://www.bcg.com/en-us/publications/2020/leadership-post-covid-19.aspx Boston Consulting Group (BCG) recently published an article describing the characteristics and behaviors necessary for leaders in the post-pandemic world. "Leadership in the New Now" rightly looks at how leaders will be successful as economies begin to re-emerge, but uncertainty still remains. More than ever, agility and empathy are going to be paramount for …

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Keep the Brand Light On

https://www.smartbrief.com/original/2020/05/protect-and-prepare-your-brand-post-coronavirus-world In times of economic slowdown it is common to see companies make expense cuts to try and protect earnings. Some of the first expenses cut are marketing expenses that are seen as a "nice to have" by old school thinkers. Certainly in the world of the COVID-19 pandemic where economic survival is taking center …

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Book Review: The Hundred-Year Marathon

As a student of history and World War II (WWII) enthusiast, I have spent two decades traveling all across European WWII sites, and have also spent time in countries that toiled for 50 years behind the Iron Curtain of the former Soviet Union.  In fact, last year I spent the 75th anniversary of the D-Day landings in …

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Diversification in the Supply Chain

As investors, we are taught early on that a diversified portfolio is a smart, lower-risk approach to managing finances, whether it be our personal investments or those of an organization. As Steven Banker appropriately asks in his article, https://logisticsviewpoints.com/2020/04/27/if-multi-sourcing-is-a-best-practice-why-are-so-few-companies-doing-it/, why aren't more companies using diversification, or multi-sourcing, as a means to ensure supply continuity & …

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Turning Points: The Transition to a New Normal

https://www.mckinsey.com/industries/healthcare-systems-and-services/our-insights/beyond-coronavirus-the-path-to-the-next-normal?cid=other-eml-alt-mip-mck&hlkid=920b92ffe09c429c806e6e71207a1c57&hctky=11521493&hdpid=b431aa82-3d5c-40f5-b141-ffe9ad89e4d7 We are in unprecedented times with much of the world being shut down due to the COVID-19 virus. What is most shocking is how rapid and violent of a change our current situation is from only a few month ago. In the U.S. we had a roaring stock market, record low unemployment, a renegotiated …

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Create the Foundation for Content Marketing

https://www.socialmediatoday.com/news/5-content-marketing-trends-to-help-you-through-the-coronavirus-chaos-infog/574620/ Grazitti Interactive shared their top content marketing trends for 2020, and the big five are: Video contentInteractive contentHyper-dynamic contentSEO-centric contentVoice search tailored content Now, before you run out and ask are you doing these and how well are they working, take a breath. Remember, you can have the most outstanding content or digital graphics …

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When Demand Strains the Supply Chain

https://www.fox5atlanta.com/news/georgia-pacific-working-to-keep-up-with-toilet-paper-demand I'm sure you've seen it. Grocery store shelves, 20 - 30 feet long and three levels high, completely sold out of...toilet paper? There's an interesting behavioral phenomenon occurring right now, as panic buying is driving people to purchase 5X more toilet paper than they would ever use. Interviews with grocery executives from Kroger, Wal*Mart …

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Strategic Sourcing = Strategic Business Partner

https://www.scmr.com/article/procurement_must_reduce_costs_while_continuing_to_become_a_better_strategic Long gone are the days where a procurement or sourcing function is built to simply cut costs. In today's world and building for tomorrow, great leaders need all functions to be working and collaborating as strategic partners, which means decisions are not made in functional silos. Nowhere is this more important than in procurement. …

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