Jeff's Blog

Thoughts from Our Managing Partner and Other M&S Thought Leaders

The attitudes and behaviors of your people managers play a critical role in your company's success. When your managers are putting forth their best effort, the more likely it is that you'll, in turn, get the best performances out of the rest of your employees. Here are three ways to supercharge your supervisors: Transform them into teachers. Today's people managers must be more than team leaders...
What could stop your company from operating for a day, a month, or a year? A flood or fire? Perhaps a key supplier shuts down? Or maybe a hacker or technical glitch crashes your website? And you suddenly lose power? When the hurricanes recently hit Texas and Florida, many businesses had to invest significant time and resources in adapting to the situation which put their overall financial success...
Concentration risks are a threat to your supply chain. These occur when a company relies on a customer or supplier for 10% or more of its revenue or materials, or on several customers or suppliers located in the same geographic region. If a key customer or supplier experiences turmoil, the repercussions travel up or down the supply chain and can quickly and negatively impact your business. To...
Adequate insurance coverage is, in many cases, a legal requirement for a business. Even if it's not for your company, proper coverage remains a risk management imperative. But that doesn't mean you have to take high insurance costs sitting down. There are a wide variety of ways you can decrease insurance costs. Just two examples are staying on top of facilities maintenance and improving the...

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