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Operational Performance

By Eric Johnson In the current COVID-19 crisis, disruptions to the supply chain have become tremendously apparent, as the entire economy shuts down to contain the spread of the virus and flatten the curve. As we move toward a prolonged shutdown, many organizations are looking to do two things: minimize the damage that the supply chain disruption brings and then position the organization to ramp up quickly if the recovery occurs at a rapid pace amid sharply recovering demand. Communicate with your supply chain First and foremost, supply chain leaders should be on daily calls with their suppliers to understand inventory levels, transportation

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By Stephanie Monge-Sherman While your leadership team may be in crisis mode and navigating the best decisions for your people and the business, management is pivoting their teams and adapting leadership styles to a remote workforce. As noted in Part One of this blog series, effective communication is crucial to coaching employees--but remote coaching strategies do not end there. A truly successful approach to remotely coaching a workforce also involves bolstering the mental vitality of your team for better productivity and overall happiness. With this aim in mind, here are 6 additional tips for coaching a remote workforce: 7. Highlight what’s going well. It

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By Julia Borges Virtual Work and COVID-19 If our world wasn’t already virtual, it sure is now. Amidst the novel COVID-19 pandemic that has completely changed the way the world works, businesses are faced with the challenge of staying connected in a virtual world. Many businesses may already be comfortable with working virtually, as this is has become increasingly popular over the years, but for some businesses, this way of working is uncharted territory. With an increase in virtual work comes a lot of change. This change can include the way your people communicate, execute their work, and stay connected with their teams.

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By Kelly Cave With cities, stores, public spaces, and offices around the world shutting down amid the current COVID-19 pandemic, we are all finding ourselves more isolated than usual. A major negative side effect of the CDC’s recommended practice of social distancing includes feelings of isolation and a lack of connection to our family, friends, and coworkers. Isolation is the exact opposite of what evolution has hard-wired us to do because humans are naturally social beings. Years of research has shown time and time again that social isolation has detrimental effects on our mental health and overall well being. In times of

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By Eric Johnson As the impact of the COVID-19 virus on the economy grows more and more severe, an increasing number of industries have become well aware of the sharp impact the virus will have on their operations and end customers. In particular, the construction industry is poised to experience a downturn that we believe will occur immediately and be recognized in earnings between Q2 - Q4. Of course, this all depends on the severity of the virus. Any mutations or reemergence at successive points in the future will create additional uncertainty. Construction industry drivers are largely related to the growth of

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By Dale Lawrence While we all are experiencing a number of fast-moving business problems, most companies have shifted work to remote locations with little preparation. Like running out of the office at the sign of a fire, many employees didn’t take more than the basics. Hopefully the basics included a laptop and mobile device, but this may not be the case everywhere. If your company hasn’t fully assessed the business requirements for transitioning every role to remote work, you likely have gaps. Some gaps are likely hidden and serious. Remote work. The necessary steps include: 1) Identify gaps caused by the shift in

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