Tuesday, November 24

Leadership

Leadership

Insights From Forrester’s US Retail Recovery Heat Maps (April – July 2020)
Leadership

Insights From Forrester’s US Retail Recovery Heat Maps (April – July 2020)

Over the last three months, we have estimated how the retail economies of 30 major US metropolitan areas are recovering from COVID-19. By aggregating 11 metrics (across retail sales, local economic indicators, and virus spread), our model predicts that these metropolitan areas will face differing levels of COVID-19 disruption. For these metrics, we looked at US metropolitan-, county-, and state-level data on: Prior dependency on retail. We looked at retail sales per capita, retail sector employment per capita, and estimated retail GDP. Severity of the COVID-19 outbreak. We looked at the size of outbreak per capita, per capita deaths due to COVID-19, how fast cases are increasing, and the number of new unemployment filings. Remediation efforts. We looked at estimated ...
America’s Next Crisis No One Saw Coming
Leadership

America’s Next Crisis No One Saw Coming

Gloves. Nitrile. Latex. Vinyl. How did a commodity item that were recently selling as low as $2.99 box of 100 become America’s next crisis? Why isn’t the media all over this? Because the media is all over what is going on today and not what is going to go on tomorrow when businesses reopen. Virtually every business that reopens will need gloves. But where are they going to buy them especially if they never bought them before? Let me explain to you because I am so f—–g busy right now, writing actually helps me to relax a bit. First and foremost, think about the crisis going on right now. First line workers: Hospitals, ER, doctors, nurses, funeral home operators, police, fire. They all wear gloves and have always worn gloves. We take it for granted. Just like they wear face m...
TNG WORLDWIDE Transformation Completed
Leadership

TNG WORLDWIDE Transformation Completed

If Harvard Business Review did a case study on TNG WORLDWIDE, readers would not believe the story. I lived through the story and still cannot believe it myself. The coronavirus pandemic came and in a perfect world, this story would have never happened. But the world we live in has never been perfect and life is about dealing with each situation that is thrown at you. This is a true story on how I dealt with the coronavirus. It was the fateful day, Tuesday, March 17 that I will remember for a very long time. That is when Governor Whitmer shut down the state. Three days later I would have a Zoom meeting with my employees announcing layoffs, pay cuts for salaried employees and store closures. It was a reminder of what happened in 2008-2009 but with much different ramific...
Mastering The Art Of Business Networking
Leadership

Mastering The Art Of Business Networking

Dec 23, 2018 Some practical ways to leave a positive first impression involve asking people about their hobbies and what drives them. Networking is all about planting the seeds of a relationship and cultivating it over time through multiple interactions. Those conversations might not end with a sale immediately; in fact, it might not lead to anything, at all. But planting seeds of trust and respect leaves a powerful impression. People will know and appreciate you’re investing time in them. Some CEOs might want a short cut, but there is no other way. Either you invest time into a relationship or you don’t. Building a good rapport with someone takes time and work, and you cannot expect to build any meaningful relationship if you don’t put in the ...