Second Installment of Ready Set Grow Puts Focus on People

CorePurpose, Inc., a management consulting, software and outsourced solutions provider, today announced the second installment in the Ready Set Grow Lecture Series – “Focus on People”

The program will explore how People-centric cultures within companies pay big dividends and look at specific examples of companies who have used this strategy to grow their business and their profits.  Ann Rhoades, president of People Ink will open the program, followed by a question and answer period and workshop where participants can apply what they have learned to their own companies.

Ann Rhoades has spent her career building people-centric organizations at companies including JetBlue Airways, Southwest Airlines, and Doubletree Hotels.  Ann will share her creative approach to developing cultures around fun; and her firsthand experiences in launching successful start-up companies, blending post-merger cultures and creating a legacy of people-centric organizations. A self-described “rule breaker”, Ann is adamant about standing up for what she believes in, regardless of the consequences. Her candor around the mistakes she’s made and the lessons she’s learned is the driving force behind her desire to inspire organizations to focus on the people side of their business.

“The economic hardships we faced in the last few years have led many valley companies to make short term human resource decisions that can have disastrous long term effects” shared Joan Koerber-Walker, executive director of CorePurpose.  “As the market begins to turn, our businesses will need to be ready.  That means having the right people in the right place, ready to grow and willing to give 100%.  Unfortunately, these past decisions will come back to haunt us if we do not do something now.   If anybody knows how to do it – it’s Ann Rhoades.”

Ready Set Grow, is a 12 month program bringing 12 nationally known business growth experts to the valley.  The first in the series “Focusing for Success”, held January 20th, was well received by an audience of representatives from  Arizona businesses.  The series continues throughout 2004 and is held the third Tuesday morning of the month. Attendees will have the opportunity to listen to these executives tell how they have improved their businesses and then participate in workshops designed to apply the same concepts to their own companies.

The program will look at a different facet of business growth strategy each month ranging from strategic execution to product design, customer focus and service, operations, sales, and globalization.

The experts coming to the valley include February’s speaker, Ann Rhoades as well as  Greg Reid, sr. vice president of marketing and strategy at Yellow Corporation, who  led customer strategy at Yellow Corporation as it moved from worst to first in its industry;  Tom Espositio, president of The Insight Group, and former IBM executive who developed the IBM Global Services business model; and Roy Vallee, chairman and CEO of Avnet, Inc..  Other experts include leading Ph.D’s, CEO’s and senior executives who have created major impact in their organizations and industries by focusing on the concepts they will share.

The program has gained support from a number of business and community sponsors including The Business Journal, the Arizona Technology Council, AZ SNAP, ASBA, The Downtown Phoenix Partnership – Copper Square, and The Business and Industry Institute at Mesa Community College.

“Developing our workforce will be one of the key factors for growth of technology business in Arizona.” said Todd Bankofier, president of the Arizona Technology Council.  “The Ready Set Grow program gives us the opportunity to support our members in this key area.”

The program is designed to support workforce development at multiple levels in an organization from senior leadership to the organizations key managers and next generation leaders.  It is an opportunity for employees to step up and become part of the solution and an opportunity for employers to energize and endorse key team members through investing in their professional development.

Program details and information:

When, Where and How Much?
Dates: January 20 – December 21th, 2004
Forums:  3rd Tuesday of every month

Focus on People:  February 17, 2004

Time:
7:30 – 8:00 AM – Continental Breakfast

8:00—12:00PM – Forum Session

Location:
Business and Industry Institute
Mesa Community College
145 North Centennial Way
Mesa, Arizona 85201
Costs for the Ready/Set/Grow Series

Individual participant:
$1100.00 for the balance of 2004
Groups of 3 or more:
$920.00 per person

NEW: Single Sessions now offered
Individual participant: $129 per session
Groups of 3 or more:  $117 per person per session

For more details and registration – visit www.CorePurpose.com

About PeopleInk.
Headquartered in Arizona, the People Ink team are experienced culture creators who believe “you cannot force culture… you can only create environment”.  Experience in building internal people cultures for companies such as:  Southwest Airlines, JetBlue Airways Corporation, Dial Corporation, American Express,  Doubletree Hotels Corporation, Office Depot, and Promus Hotel Corporation.  People Ink works with organizations to create high performance people-centric cultures that deliver bottom line results.

CONTACT:  People Ink
Lisa Stovall, 480/421-0370

About CorePurpose, Inc.
Headquartered in Arizona, CorePurpose, Inc., is a consulting and solutions company specializing in focusing companies for greater success through high impact activities that link directly to results.   Together with members of the CoreAllianceSM, CorePurpose, Inc. works with companies and organizations to align internal resources to their areas focus while offering resources for mentoring, implementation and outsourcing in non-core areas or areas where additional support is required including:  HR, Sales and Marketing, Operations, IT, and Finance.

Ready Set Grow open for Registration

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Ready Set Grow open for Registration
Phoenix, Arizona , December 12, 2003– CorePurpose, Inc., a management consulting, software and outsourced solutions provider, today announced that registration is open for its 2004 Ready Set Grow Lecture Series and Workshops.

Ready Set Grow, a 12 month program that will bring 12 nationally known business growth experts to the valley, starts January 20, 2004 and is held the third Tuesday morning of the month. Attendees will have the opportunity to listen to these executives tell how they have improved their businesses and then participate in workshops designed to apply the same concepts to their own companies.

The program will look at a different facet of business growth strategy each month ranging from strategic execution to product design, customer focus and service, operations, sales, and globalization.

“The last few years have presented great challenges to valley businesses” shared Joan Koerber-Walker, executive director of CorePurpose. “As the market begins to turn, our businesses will need to be ready. Unfortunately as I looked around – there was no program designed to address these business needs in a structured curriculum that takes you through the growth process. I shared my concern with business leaders here in the valley and with key experts around the country – the result is the Ready Set Grow program.”

The experts coming to the valley include Ann Rhoades, president of People Ink, who was instrumental in building high performance people cultures at Southwest Airlines and Jet Blue; Greg Reid, sr. vice president of marketing and strategy at Yellow Corporation, who led customer strategy at Yellow Corporation as it moved from worst to first in its industry; and Tom Espositio, president of The Insight Group, and former IBM executive who developed the IBM Global Services business model. Other experts include leading Ph.D’s, CEO’s and senior executives who have created major impact in their organizations and industries by focusing on the concepts they will share.

The program has gained support from a number of business and community sponsors including The Business Journal, the Arizona Technology Council, AZ SNAP, The Downtown Phoenix Partnership – Copper Square, and The Business and Industry Institute at Mesa Community College.

“Developing our workforce will be one of the key factors for growth of technology business in Arizona.” said Todd Bankofier, president of the Arizona technology Council. “The Ready Set Grow program gives us the opportunity to support our members in this key area.”

The program is designed to support workforce development at multiple levels in an organization from senior leadership to the organizations key managers and next generation leaders. It is an opportunity for employees to step up and become part of the solution and an opportunity for employers to energize and endorse key team members through investing in their professional development.

“The Ready Set Grow program creates a unique opportunity for valley entrepreneurs” according to Francine Hardaway, CEO of Stealthmode Partners. “The program will expose them to ideas and strategies they can apply to their own businesses within a budget and timeline they can support. It also gives them the opportunity to learn from both the speakers and the other businesses in the program.”

Program details and information:

When, Where and How Much?

Dates: January 20 – December 21th, 2004

Forums: 3rd Tuesday of every month

Time:

7:30 – 8:00 AM – Continental Breakfast

8:00—12:00PM – Forum Session

Location:

Business and Industry Institute
Mesa Community College
145 North Centennial Way
Mesa, Arizona 85201

Costs for the Ready/Set/Grow Series

Individual participant:
$1200.00 for the 12 month program

Groups of 3 or more:
$1000.00 per person for groups of 3 or more

Each attendee will receive:

> All conference materials and resource lists
>Access to a members only web site with forum resources, on line chat, and networking information
> 12 month FREE subscription to The Phoenix Business Journal

For more details and registration – visit www.CorePurpose.com

About CorePurpose, Inc.

Headquartered in Arizona, CorePurpose, Inc., is a consulting and solutions company specializing in focusing companies for greater success through high impact activities that link directly to results. Together with members of the CoreAllianceSM, CorePurpose, Inc. works with companies and organizations to align internal resources to their areas focus while offering resources for mentoring, implementation and outsourcing in non-core areas or areas where additional support is required including: HR, Sales and Marketing, Operations, IT, and Finance. For more information about CorePurpose, Inc., and to view the listing and experience of CoreAlliance Members visit: www.corepurpose.net.

CONTACT: CorePurpose, Inc.
Joan Koerber-Walker, 480/921-3933
jkw@corepurpose.net
© CorePurpose, Inc.

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CorePurpose Achieves 300% Increase in Bottom Line Results with the assistance of GoalCentrix GoalCentrix, an industry leader in goal achievem

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CorePurpose Achieves 300% Increase in Bottom Line Results with the assistance of GoalCentrix
 

CorePurpose Achieves 300% Increase in Bottom Line Results with the assistance of GoalCentrix

Phoenix, Arizona —November 4, 2003—

GoalCentrix, an industry leader in goal achievement solutions, today announced that CorePurpose, a leading business consulting and services aggregator, has achieved significant business results using GoalCentrix.

CorePurpose had developed a unique business model to distribute professional services, software, and outsource solutions its customers allowing them to focus on what they are passionate about and best at in a way that makes financial sense. With their success, came many challenges. “On the surface, everything was great,” said Joan Koerber-Walker, Executive Director and Founder. “But the faster we grew – the more the activity. I was working 18 hour days 6 days a week just to keep up.”

“Our mission is to provide services, software and outsourced solutions that build businesses” Joan said. “We help clients identify the high impact areas of their business and then support them with experts in that area and their industry. If we could not keep our own team focused, how could we help our customers?”

CorePurpose answered this tremendous challenge by deploying GoalCentrix in March 2003 and immediately had clear visibility to the execution of their strategic plan, all of their customer opportunities and effective communications with CoreAlliance Members. “The biggest increase in productivity came from the increase in communication effectiveness” Joan said. “Instead of conference calls, meetings and other gatherings to keep track of where we were on various projects, we simply used the email and report capabilities in GoalCentrix to keep everyone connected.”

Since using GoalCentrix, CorePurpose realized an 80% increase in communication effectiveness, a 50% increase in productivity overall and a 300% increase in bottom line results. “The difference between success and failure takes more than a strategic plan – it takes a framework for strategic execution. GoalCentrix is giving us that” said Joan.

“GoalCentrix is providing businesses with the process and system needed to achieve better bottom-line results” says Dave Riley, President and COO of GoalCentrix. “CorePurpose shows just how far a small organization can go using GoalCentrix to drive the execution of their business plan. We are proud to be a member of the CoreAlliance.”

ABOUT COREPURPOSE
Headquartered in Arizona, CorePurpose, Inc., is a distributor of professional services, software, and outsource solutions and specializes in focusing resources and teams for greater success through high impact activities that link directly to results. Together with members of the CoreAllianceSM, CorePurpose, Inc. works with companies and organizations to align internal resources to their areas focus while offering resources for mentoring, implementation and outsourcing in non-core areas or areas where additional support is required including: HR, Sales and Marketing, Operations, IT, and Finance. For more information about CorePurpose, Inc., and to see the listing and experience of CoreAlliance Members visit: http://www.corepurpose.net.

CorePurpose and CoreAllaince are either a registered trademark or trademark of CorePurpose, Inc.. in the United States and/or other countries.

ABOUT GOALCENTRIX
GoalCentrix offers industry-leading Goal Achievement Systems helping businesses achieve greater results. We are focused on helping companies achieve their goals by staying focused on their top priorities, being informed with a clear line of site throughout the organization, and acting with purpose making intelligent, proactive business decisions. Our customers improve profitability, increase customer satisfaction, and raise employee productivity through innovative applications and business processes based on best-practices. Please visit us at http://www.goalcentrix.com to learn more.

# # # © 2003 GoalCentrix, Inc. All rights reserved. GoalCentrix and the GoalCentrix logo are trademarks of GoalCentrix, Inc. All other trademarks are the property of their respective owners.

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Executive Insights– The Power and Perils of Strategic Planning

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Executive Insights– The Power and Perils of Strategic Planning
 

The future of any organization is tied directly to the strategic decisions made today AND the ability to effectively execute on that strategy!

While we all understand the importance of thinking and acting strategically, often the demands of running the day to day business get in the way. A good strategic process focuses on what we must do to execute on the key actions for today and also provides a road map for long term actions that enhance and ensure our companies future.

As we develop our business strategy, we often focus our attention on the “fires” burning in our business. But our focus on the fire often inhibits our ability to objectively view the world around us and quickly react to it.

To complicate the process, the world around us is constantly changing.

  • Changing Competition
  • Competing Products
  • Customer Needs
  • Customer Wants
  • New Business Models
  • New Business Theory

Research has shown that most organizations have some form of strategic plan. These plans normally consist of:

  • Vision
  • Mission
  • Strategic Objectives or Goals
  • Projects
  • Tasks
  • Anticipated Results

Unfortunately, for many organizations, the most important components – the Anticipated Results – do not materialize. While those closest to the plan would fall back to excuses based on outside environmental or economic factors – things outside of their control – the reality is that often a plan fails through lack of foresight or execution.

For many organizations, strategic planning is a once a year event. The resulting plan is then fixed and reviewed at the end for successes and failures. This is the great peril of strategic planning – the false security created by having a plan. Having a plan is only the fist step – it is the execution of that plan over time that will determine the organizations success or failure to achieve anticipated results.

Strategic planning must always be a dynamic process. To be effective, the strategic plan must be a living document. It provides a roadmap for day to day activities that are designed to build towards the organization’s long term and short term goals.

An effective strategic execution process requires ongoing activity, effective delegation of key responsibilities, and monitoring of results at short and regular intervals. For greatest effectiveness, this process must be embedded into the culture of the organization so that each plan participant understands how their actions can affect the organizations strategic results.

Successful organizations have learned that strategy must be embedded in the culture across the organization and include strategic thinking, strategic planning AND strategic execution. When this is adopted within all levels of the organization – anything is possible!

About the author:
Joan Koerber-Walker is Executive Director and Founder of CorePurpose, an Arizona based distributor of consulting, software and outsourced solutions. CorePurpose provides Services and Solutions that build Businesses, in the areas of strategy, sales and marketing, IT, finance, operations and HR/OD.
Copyright CorePurpose, Inc. September 2003

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Executive Insights: The Impact of Services Mapping

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Executive Insights: The Impact of Services Mapping
Increasing employee and customer enthusiam for greater growth and sucessIn today’s challenging business environment, creating and maintaining customer enthusiasm can make the difference between business success and business extinction.Customers have more choices than ever before and expect higher and higher service levels relative to

> product and service information
> choice between service offerings
> tailored or custom services
> quality of delivery
> the quality of the buying experience

Across industries, companies are discovering that of these 5 customer demands, the greatest is that of the buying experience.

While a customer will forgive a service failure that is corrected promptly by a company’s enthusiastic employee ambassador, customers will migrate quickly from companies whose employees feel disenfranchised, even if the service is performed as promised.

But what is an employee ambassador, and where do you find one? The answer is simple, employee ambassadors are all around you. They are each member of your organization who touches a customer – directly or indirectly. To create enthusiastic employee ambassadors, organizations must provide a support system to foster enthusiasm that includes:

> A consistent culture that reaffirms that each employee is key to the company’s success
> A commitment to process, structure and continuous improvement that allows the employee to make promises to customers and gives the employee faith that their promises will be kept.

As companies aggressively pursue the development and growth of services offerings and services revenue, it has become increasingly important, in fact, imperative for these firms to provide a consistent level of process, support and flexibility to support employees in their quest of keeping promises to customers resulting in the growth of high levels of customer and employee enthusiasm and the resultant customer loyalty and profitability.

All of us want our employees and customers to be enthusiastic about the products and services we provide. Employees can not be enthusiastic if they feel that they can not deliver what is promised, and customers will loose enthusiasm and go elsewhere if promises are not kept. The question is how do we create that enthusiasm and keep it? One tool, created at Arizona State University, is the process of Services Mapping.

Cross functional teams across the spectrum of a product or service delivery create a “map” of the product and service delivery systems. The map is broken down into five levels:

Customer View & Evidence – What does the customer see in the way of marketing materials, articles, and information about the product or service that brings them to your door?

Customer Contact – What does the customer experience when they first make contact with your Organization?

On Stage Employee – What are the tools, attitudes, and systems in place to support a positive employee/customer interaction and the employees confidence in making promises to customers?

Back Stage Employees – What are the tools, attitudes, and systems in place to support a positive interaction between the front line employee and those they must rely on behind the scenes.

Resources – What are the physical, financial, and technology resources on stage and back stage employees need to keep promises to each other and ultimately to customers.

The Services Mapping process:
> Provides an Overview so employees know “What to Do” when things go right and when they don’t.
> Identifies weak links in the chain, so promises are kept more often!
> Defines the Lines of Customer Interaction between customers and employees so the employee recognizes where they can have the most impact to the customer experience and the company’s goals.
> Defines Lines of Internal Interaction defined between departments
> Provides a basis for identifying and assessing cost, revenue, and capital invested
> Creates a baseline for use in customer satisfaction and quality improvement efforts

When service delivery processes work, promises are kept, employee enthusiasm increases and it spreads to customers. The result is greater profits as customers stay, and more importantly, through their enthusiasm, bring more customers via the strongest marketing tool in the arsenal, customer referrals!

About the Author:

Joan Koerber-Walker is founder and executive director of CorePurpose,Inc. and organization dedicated to helping companies grow by refocusing actions and resources into the areas they are passionate about and best at in a way that makes financial sense. For more information on the power services mapping can bring to your organization contact Joan at “jkw@corepurpose.net”

Copyright 2003 CorePurpose, Inc.

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Executive Insights: The Perfect Storm: What happened to the Supply Chain in 2000/2001 & could it happen again?

Executive Insights: The Perfect Storm: What happened to the Supply Chain in 2000/2001 & could it happen again?
 
By Joan Koerber-Walker

 

In November of 2000, Roy Vallee, Chairman of the Board of Avnet, Inc., the worlds largest electronics distributor,  announced, at the Avnet, Inc. Annual Shareholders Meeting, that Avnet was seeing indicators that the Technology Boom of 2000 may not be sustainable.  This unleashed a storm of protest from analysts, investors and supply chain participants.  While today we all know that those indications were all too true, with hindsight, we, as an industry, only wish he had been wrong.  As the technology sector slowly begins the climb out of the most dramatic downturn in its history, the question asked repeatedly is “How did this happen? & “Will it happen again?”

 

Many hypotheses have been put forward in the last year as to what happened and why it was so extreme.  Some attribute the cause to:

 

  • The external environment – globalization, industry consolidation, Y2K, or the dot.com implosion and resulting telecom plunge;

 

  • Industry cyclicality – sharper and more dramatic cycles as the size of the industry and key sectors within it grow disproportionately;

 

  • Technology – our sophisticated IT systems let us down.  The forecasts were all wrong;

 

  • An increasingly complex supply chain;

 

  • Wall Street – pressure for growth driving unrealistic forecasts; or

 

  • All of the above – a Perfect Storm!

 

Pick any of the above and you can find people to agree with you as to what was responsible.  Interestingly, each of these factors is a “thing” we can point to.  We do not have to take personal responsibility because it was an external economic effect, an industry group or corporation at fault, not us.

 

Organizations and IT systems do not make the decisions that drive the supply chain, people do.  Each one of us represents a link in the supply chain and it is the choices we make every day that drive the outcome.  Until each of us within the industry chooses to accept this responsibility, we are doomed to face similar extreme business cycles in the future.

 

So, if human beings are the key factors that control the supply chain, what are the human conditions that drive our supply chain behaviors?

 

 

The Seven Deadly Supply Chain Sins

 

The Path of Least Resistance: In our increasingly busy roles, seeking the path of least resistance comes naturally.  Whether as engineers, we design with parts we have always used it the past (designing in parts at the end of their product life cycle or missing out on possible benefits procurement or manufacturing may gain with a more commonly available part) or as procurement and materials professionals we do not make the effort to establish part numbering standards so we truly know what we have and what we need.  At one time or another, in good times and bad, we have all fallen into the trap of viewing the old ways as “good enough” rather than making the extra effort to optimize our systems and our processes.

 

Self Preservation:  From birth, self-preservation is the most basic human instinct. Each of has a natural inclination to protect ourselves, our jobs, and our companies.   In times of allocation or constraint, a buyer may double order or increase forecast requirements to ensure his company gets what it needs to keep the production lines going.  In isolation this may be a small thing, but across an industry, this can create a groundswell of demand that may be unrealized as capacity is increased and product frees up.  Within our organizations we use this nature of self-interest by creating incentive programs to drive certain behaviors.  Unfortunately, these often conflict from department to department.  Thus, our materials team must keep inventory low to earn their incentive and the sales team needs product on hand so they can get the sales level they need to make their sales goals.  These conflicting interests lead to distrust and ultimately to breakdowns in communication or even distorted information as each individual protects his or her own interests.    If our lines of communication break down within our own companies, how can we provide accurate information to our partners across the supply chain?

 

Risk Avoidance: If as human beings we have a natural inclination to protect our selves, the next logical progression is to shy away from risk or find ways to shift the risk from ourselves to another.  In the supply chain this manifests itself in many ways.  In our contracts and legal forms we add penalty clauses and loop holes to shift the risk of doing business from us to another.  Whether it’s the quality of imperfect forecasts, the liability for service or product failures, or artificial or often unnecessary restrictions on date codes, we often spend much more time and effort constructing rules and systems to shift risk to another than we do investing together to improve processes and systems to identify and mitigate the real risks we face.

 

Fallibility:  “Nothing and no one is perfect.  There is always a margin for mistakes.  But naturally the other guy will let us down more often then we will err.  We must protect our selves from his failures.”    This is the thinking that leads us to greater supply chain inefficiencies – bonded inventories, excessive buffers, padded forecasts, and ultimately inventory gluts.  It is often easier to assume our supply chain partner will let us down than it is to pick the RIGHT partner and work closely with that them to develop strategy and process so both of us will be successful.

 

Distrust:  If everyone else is driven by self-interest, risk averse and fallible, no wonder we find it so hard to develop the levels of trust we need to share good information and partner effectively.  When we do not trust our suppliers to deliver, we compensate in the supply chain.  When we do not trust the product groups to have enough inventories, we pad the sales forecast.  When we do not trust the MRP system we tinker with it.  When numbers don’t give us the answers we need, we “adjust” them until they do.  With everyone doing what comes naturally, it’s a wonder we get any good information across the supply chain at all.

 

Greed:  Whether you believe that “Greed is Good” or greed is bad, the interesting thing we often forget is that greed is not just about money.  Greed is getting your “unfair share” of money, market position, market power, attention, and information.  Interestingly if you take the word greed out of the description, it reads like the objectives of many of our companies.

  • Increase Revenue & Profits
  • Increase Brand Position
  • Increase Market Share
  • Increase Market Intelligence

 

It is when greed gets out of control that we get into trouble.  At the peak for the last technology wave, that is what happened.  As investors we got caught up in escalating stock prices based on company projections that had little basis in financial reality or business basics.  This influx of capital created a flurry of investment in telecom systems, IT infrastructure, and other products creating a groundswell of demand.  As demand increased and supply became constrained, as buyers, we compensated within our supply chain to ensure we got our “unfair share” of what we needed.  As sellers, we raced to capture orders and market share to get our “unfair share” of this inflated demand.  And as an industry, we reeled in shock as the whole thing imploded.  And then we started looking for someone to blame.

 

Denial:  When we refuse to acknowledge the truth, we are in denial.  Another way to look at denial, one we got caught up in this last time around, is getting caught up in a wave of unrealistic optimism that approaches euphoria.  Things were so great in our industry and we were so proud of our strategies, our growth, and our success, that we failed to look closely at the business basics our companies were founded on.  Not only do we need to be aware of our own tendencies to get caught up in unrealistic optimism, but we must also be aware of the affect of those around us.  When our biggest customer doubles his forecast, we double ours, plus a little extra just to be safe.  So does his next supply chain partner and the next one.  Soon the forecast has grown beyond anything sustainable, even assuming that the first projection of double growth was correct.   At an industry or market level it is even more complicated.  Here, when the analysts predict the market will grow by X%, each market participant projects that they will capture their unfair share.  If you go back and add each company’s projection up, the aggregate often exceeds the level of projected growth.  These are some of the storm clouds on the horizon that signal rough weather ahead.

 

So with all of our faults, is it hopeless?  Are we doomed to ever increasing and sharper cycles?  NO!  Each of us, at each level of our organizations has the power to drive change in the performance of the supply chain.

 

Looking at the bigger picture: Whether we call it a supply chain or a supply network, the reality is that the choices, decisions, and actions of each of us, individually, link to others within our companies and across the supply chain.  If we are to truly develop the level of quality information needed to drive to success, we need to recognize the linkages to internal customers, partners, and external customers and ensure that we are sharing the highest quality information available at all times if we are to be successful in reaching optimal levels of performance.  Each of us must Dare to Innovate –

 

  • Design for Supply Chain Information – Providing the design engineers with not only easy access to technical information, but also information on the product life cycle of the components, their availability over time, and parts that are most commonly used within their company and within their industry to reduce the potential for stock outs in time of constraint and liability inventory in times of excess.

 

  • Materials Management and Procurement – Investing in resources, tools and partnerships to create solutions for standardization of part numbers and sharing that information between departments (like engineering) and other manufacturing sites around the world.

 

  • Manufacturing – exploring systems, tools and processes that add visibility into inventory activity at the point- of use and relaying it back through the supply chain to support lean manufacturing for lower manufacturing costs and greater inventory trend data to support improved forecasting within the materials management function.

 

  • Operations – establishing systems and processes to link global operations and create inventory and supply chain visibility. (This is especially challenging for international companies running on disparate computer systems)

 

  • Channels To Market – Ensuring that we have the right channels mix to match our products and services to the needs of our customers.  Then, ensuring that the right information and support systems to support those channels are put in place to get maximum return on the Sales and Marketing efforts across the direct, representative, distribution, and self -service channels.

 

Be generous with your supply chain partners:  The opposite of self-preservation and self-interest is generosity.   This willing ness to give and share freely is the key to our success as partners in the complex supply chain.  Generosity manifests itself in the willingness to share complete and accurate information to partners, not just that portion that supports what you need right now.  It also extends to the willingness to pay for the value a supply chain partner provides, and the openness to share what portions of the partners’ value proposition truly adds value.  In today’s tight financial times, neither buyers nor sellers can afford services that do not add measurable value to the supply chain process.

 

Understand Risks and create process improvements to mitigate them – Accept responsibility:  No business relationship is without risk, especially as you move across a complex supply chain.  The key is to mapping the process to identify the potential for problems and establishing service recovery systems to address them.  In recent years the trend has been not to manage risk, but to try to shift it across the supply chain from the OEM to the CM to the distributor or Manufacturer of the component.  For  the supply chain to work effectively and for the participants to openly share information, each supply chain partner must accept responsibility for that part of the supply chain information and risk that belongs to them.   Otherwise, innovation and trust between partners becomes impossible.

 

Dare to Trust/Share REAL information:  The key to being able to trust your supply chain partners is to pick the RIGHT partner, then give them complete and accurate information, set reasonable allocations of risk based on accountability for the supply chain information each generates, and then let them do their job.  Choose the right partner based on  their ability to get the job done, their track record within the supply chain and the innovations they can bring to your processes that add value and help you realize your goals.

 

Greed is not all bad, but blind greed is dangerous:  Wanting to get your “unfair share” is what business is all about.  However, when we blindly pursue market-share, revenue, or other business metrics beyond what the marketplace can support, we all ultimately suffer.   New innovations and businesses are developing to help us look at excess inventories across the supply chain.  Identifying these excesses and redirecting them inside our businesses, channels, industry groups or the marketplace allows us to circumvent the build-ups of inventory that ultimately lead to gluts and market declines.  As an industry we must enter into new types of relationships with our supply chain partners to add greater transparency to not only the product we need for the future, but also the residual inventory that is left sitting across the supply chain.  By increasing this visibility, we get a better picture of what is needed, what is left over.  We then have the opportunity to shift the resources back through the chain and put those assets to work for us rather than pushing them off to a partner as a liability.

 

Temper Optimism with Realism: At the height of the boom, optimism was at its highest point.  The cyclicality of the technology industry was “a thing of the past” and business was continually headed up and to the right.  As the market drastically corrected, reality set in and we all scurried for cover, drastically cutting back on our product requirements, canceling orders and pushing as much liability away from our selves and back towards our supply chain partners.    In the darkest days of the downturn, we lost our optimism and trust in each other, cut our costs wherever we could and battened down the hatches to ride out the storm.  Looking around us, we hoped that we would make it through and knew that some others may not.   Today the storm clouds are beginning to dissipate and many analysts predict that we are starting a slow recovery from the Perfect Storm that started in 2000/2001.  As we move towards recovery, there are lessons we have learned that point us towards smoother sailing in the future if we choose to heed them and learn from the painful times we have been through.  We must hold on to the optimism that better times are ahead, and invest accordingly, but we must also temper that optimism with a never ending awareness of the market forces swirling around us and not be afraid to raise the storm flags when optimism conflicts with market reality.

 

So, to answer the questions we started with:

 

  • How did this happen? Because we let it.
  • Will it happen again?  By the nature of technology, there will always be a measure of cyclicality in our industry, but the shape of those cycles is up to all of us based on our supply chain behaviors.   Eventually, there will be other storms in the high tech industry.  It is our choice if we sail right into them, as we did this time, or if we plot a new course, one marked by the sharing of accurate and complete supply chain information between partners, a willingness to be held accountable for our supply chain information and decisions, and a willingness to take the time to find the RIGHT partners and then give them what they need to support us across the supply chain.  How will you chart your course?


 

About the Author:

 

Joan Koerber-Walker is the founder and CEO of CorePurpose, Inc

With 20 years of experience in technology distribution, Ms. Koerber-Walker has held a wide range of positions in Management, Marketing, Sales, and Operations. She was instrumental in the development of Avnet’s ASIC/FPGA business and the launch of Avnet’s first Telesales operation. She was also responsible for management of the Global Supplier Contracts Administration process for Avnet’s three operating groups (Electronics Marketing, Applied Computing and Computer Marketing) and worked closely with over 700 technology partners worldwide.  With a focus on matching service expectations to operational processes, Joan brings expertise in the area of industry best practices in both channel operations and channel design.  Ms. Koerber-Walker holds a B.A. in Economics from the University of Delaware and an MBA with honors from Arizona State University.  She is a member of Beta Gamma Sigma, Vice Chairman  of the Dean’s Board of Excellence at ASU and a member of the Executive MBA Advisory Board at ASU.

 

Based in Arizona, CorePurpose, Inc. provides enabling services that allow all stakeholders (clients, Core Alliance Members, employees and investors) to focus on what they are Passionate About and Best At, within a model that makes financial sense.  CorePurpose is a services aggregator specializing in the areas of Marketing, Sales, Business/Organizational Development and Supply Chain Management.

 

 

 

 

 

 

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Public Session June 19, 2003 – Going Global

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Articles, News, Announcements

 

Public Session June 19, 2003 – Going Global

Going Global…are you a global company or do you even want to be?”


Arizona Women in International Trade  proudly presents

Joan Koerber-Walker, Executive Director of Core Purpose, Inc. as she discusses techniques & guidelines for global expansion.

Please join AWIT for a Learning Lunch

Location:  Sam’s Café at the Biltmore

2566 East Camelback Road, 2nd floor, east end of mall

602-954-7100, http://www.samscafeaz.com/

Date:  Thursday, June 19, 2003

Time:  11:30 to 1:30

Cost: $15 members, $ 20 nonmembers

R.S.V.P. to Anne Tully by June 17, 2003

(atully@azinsights.com)

 

 In 1993, Joan worked for a company that was “going global”.

North American based, her corporation started to buy up companies around the world. Ten years later, they had operations in 63 countries. But – were they global?

In the midst of a global economy, common sense tells us that to be competitive we have to be global too – right? “Going Global?” looks at the challenges of creating a global company from its most important aspect – People.

The presentation looks at the following key questions: · What is a “global” company? · Who are they – are there any? · If you are going global – how does it affect the people that really matter – Your Employees, Your Customers, and Your Shareholders?

About the speaker: Joan Koerber-Walker is the Executive Director and founder of CorePurpose, Inc. An Arizona based consulting and services company. CorePurpose works with companies to identify the high impact areas of their businesses that will differentiate them from the completion at home and abroad – AND then strengthens them in those areas through the efforts the CoreAlliance, a coalition of 35 services organizations specializing in HR, Sales &Marketing, Operations, IT, and Finance. Prior to forming CorePupose, Ms. Koerber-Walker was a vice president with Avnet, Inc. and worked with over 700 technology companies in North America, Europe, and Asia during the expansion of Avnet’s distribution business from the US and Canada to 63 countries around the world. A popular speaker and professional member of the National Speakers Association, Ms. Koerber-Walker shares her experiences and insights with corporate and academic audiences here in Arizona and around the world.”

For article reprints, Please visit our contact page
and include the name of the article desired.