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The topic of labor has been front and center for quite some time now inside and outside of this industry. But it wasn’t until the recent Thanksgiving holiday break that it really hit home as to just how bad the current situation is. While waiting for my daughter to finish a recent fitness class, I decided to run a quick errand to mail a package. While driving down this road in an industrial park setting, business after business had roadside signs looking for labor — virtually every business on this busy road.
It’s easy to rest on your laurels when things are going well. Some may not think to stretch your organization out of fear that you will get in the way of a “good thing.” Remember the old adage — “If it ain’t broke, don’t fix it.”
Given today’s rapidly changing business environment, strengthening a company’s ability to compete will require leaders to think about their businesses like they never have before. Today’s environment requires a new level of strategic vision, growth mindset, planning, investment, expanding skill sets and taking risks to stay relevant and compete.
Here at the American Supply Association, numbers also are a big deal, and ASA members are encouraged to get in on the fun through a pair of reports published by our business intelligence department.