Cash Is King! Creating a Culture Focused on Money Management

“We have to make a decision.  We only have enough cash to either pay our employees or our suppliers next week, but not both.”  The old saying was true:  Cash is King!

Wow!  This was what my Controller just told me.  We had just acquired another company.  The decision was made to operate it at arm’s length from the parent company.  And this meant that we had to fund the operation with our own cash, which was at a dangerously low level.

Neither option that the Controller just mentioned was palatable.  We needed a strategy to tackle the immediate cash shortfall and to then create a strong cash position moving forward.

We had the Call to Action!  This would prove to be my first real lesson in Cash Management which could not have been made more intense and immediate!

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Seasoned Leadership in Action™! An Interview with Michael Massetti, VP at Gartner!

Michael Massetti
       Michael Massetti, Gartner

At Supply Chain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe.  As such we have introduced our “Seasoned Leadership in Action™” Interview series at Supply Chain Game Changer.  This interview is with Michael Massetti, Vice President for General Managers – High Tech, at Gartner.

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Seasoned Leadership in Action ™ – Our 2018 All Star Leaders!

In 2018 Supply Chain Game Changer introduced our Seasoned Leadership in Action ™ interview series.

There are so many fantastic people leading in Business and in Supply Chain.  We thought that it would be great to learn a little more about what makes these people tick, what is important to them, and what we can all learn from them.

The Interview series has proven to be phenomenally popular with our readers with many of these Interviews being amongst our most viewed articles of all time.  So we thought that it would be great to recap all of the Interviews we published in 2018.

Finally we extend our thanks to all of those who participated in our Seasoned Leadership in Action™ Interview series.  You were quite simply great for which we are truly grateful!

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The Tricks to Maintaining Employee Happiness!

Your business might very much be something that belongs to you, but as it grows, its success and the operation of your services likely wouldn’t be possible without your employees’ work. It’s easy to ignore that and see yourself as the one who holds all of the power due to the benefits that you might provide them with, but maintaining employee happiness could be more vital to your business than you expect.

Not only does this go a long way to fostering a positive work environment in general, but it can also reduce your staff turnover and develop stronger relationships between you and your employees, which translates into higher productivity levels.

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A Competitive Strategy to Achieve Industry Advantage!

Strategic competitiveness represents a metered and premeditated approach to creating a position in the market and industry advantage.  Companies can create specific boundaries that represent how the organization or product intends to have an advantage among competitors.

Companies utilize analysis of their position in the market in order to assess and project future success and likely returns.  In order to gain competitive industry advantage, an organization must find unique products, services, or marketing strategies to set them apart from competitors in a sustainable manner.  

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There Are Not Enough Women Supply Chain Leaders!

Women have made tremendous strides in the Supply Chain Management profession. However a new survey shows that the percentage of women Supply Chain leaders is still low.

Time was, Supply Chain Management was seen as an outgrowth of a blue collar profession. Logistics Managers, Manufacturing Directors and other Supply Chain leaders often rose from the shop floor, from front-line warehousing and transportation positions.

As a result, the field was overwhelmingly male: because mostly men occupied those front-line roles, and educational opportunities to get into the field were limited, the leadership reflected that demographic.

But as we chronicle on the Argentus blog, the field has changed. Supply Chain is no longer a back-office, transactional function.

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Climbing Mount Kilimanjaro! Lessons for Life and Business!

I spent a year working in Colorado. In Colorado you can’t help but be drawn to the beauty of the mountains. Eventually I started climbing those peaks (called the Fourteeners, as they are over 14,000 feet high) in my spare time. I hadn’t even thought about Mount Kilimanjaro at that point.

At the same time I started reading all of the books I could find on mountain climbing. One in particular, the “Seven Summits“, by Dick Bass and Frank Wells, with Rick Ridgeway, really caught my attention. It tells the story about these guys who got the idea to climb the highest summit on each continent.

By the time I had finished the book I got the idea in my head that I wanted to climb Mount Kilimanjaro in Africa. That became the start of an adventure of a lifetime.

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Our Top 10 High Performance Organization / Cultural Change Articles!

There are differences between winning teams and a high performance organization and losing teams. There are differences between winning companies and losing companies.

Some of those differences are induced by uncontrollable factors. And while every winning team does not win all the time, and every losing team does not lose all the time, there are controllable factors which determine the predominant direction of any organization.

You can create the culture and the high performance organization which allows your organization to be successful and win more than you lose. Here we present our 10 best articles to allow you to create the culture that will lead to having a high performance organization.

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Seasoned Leadership in Action™ – An Interview with Mike Croza, Founder of Supply Chain Alliance!

At Supply Chain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe.  As such we have introduced our “Seasoned Leadership in Action™” Interview series at Supply Chain Game Changer. This interview is with Mike Croza, Founder and Managing Partner at Supply Chain Alliance.

Supply Chain Alliance is a premier Management Consulting firm specializing in all things Supply Chain. With decades of experience and a track record of achieving outstanding results in all industries they are an essential resource for those looking to move their businesses forward.

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