We would be remiss if we went too far down-the-path with supply chain resiliency without pointing out that the ONLY way you’ll have a resilient supply chain is if you have resilient people. Similar to building a house, without a solid foundation, the best accessories will fail to “hold up” over the long haul without that solid foundation. Your team is your foundation. Would you be willing to have your business hang in the balance if your team’s ability to “hold it up” would make or break success? Hopefully so!
Here are a few questions to think about to determine how comfortable you are with your foundation:
- If your competition offered your employees slightly more money, would they jump ship without much thought?
- Are your people willing to take a risk if they know the decision will help move the company forward?
- Are your people willing to disagree with you?
- Are your people willing to try new ideas, even if they fail?
- If a customer presses your people about an issue, will they blame it on “them” or will they take responsibility to resolve the issue quickly regardless of whether it has anything to do with them?
- If changing market conditions dictate they should follow a new course that isn’t popular or approved, will they bring it up?
- What do they say to your customers and suppliers when you aren’t listening?
Every executive at our Harvey Mudd executive roundtables and on the APICS-IE executive panel pointed out the relevance of culture and your people on business success. Technical topics are abuzz but the REAL buzz is who has the strongest team as they will speed on by the competition and be the most resilient as the economy turns, the industry changes, a disruptor emerges etc. With this fresh perspective, it pays to think again about your team and the priority you give it.