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As an SME business leader, owner, or advisor, thank you for driving one half of the gross domestic product in the top 17 countries around the world (according to the World Bank). We need you now more than ever!
I wish you much entrepreneurial success.
Phil Symchych
Founder
Global Business Advisors Forums
To join, you must apply and qualify for membership and agree to abide by our rules. A one time membership fee of $495 USD may apply. Please register and provide your contact information so we may speak to determine if this community is a good fit for you, your business, and our group.
As an SME business leader, owner, or advisor, thank you for driving one half of the gross domestic product in the top 17 countries around the world (according to the World Bank). We need you now more than ever!
I wish you much entrepreneurial success.
Phil Symchych
Founder
Global Business Advisors Forums
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Post COVID-19 -The Re-industrialization of America
Art Koch’s Profit Chain® Series
Post COVID-19: The Re-industrialization of America
Volume 3 | Number 7 | July 2020
Black Swan Event
We have learned important lessons from the ongoing COVID-19 black swan event. Here is a quick recap of the most significant lessons learned:
- We have witnessed the resilience of our supply chains, yet at the same time, we have seen just how fragile they have become.
- With the common enemy of COVID-19 (Winston Churchill effect), we have seen how quickly organizations have surgically cut through red tape to keep products flowing to customers.
- The need for shorter lead-times, and to manufacture locally or regionally to meet customer demand.
- Via the herd mentality, corporations rushed in to take advantage of low-cost labor, beneficial currency rates, and government incentives.
- And, we now have a better appreciation of the Total Cost of Ownership.