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The risks worth taking

There are many devastating things that could happen to your company. Technological obsolescence, nuclear war, a cheap Chinese alternative.

If you choose to fixate on them, these thoughts can consume your days and paralyze your company’s strategic initiatives.

On the other hand, there are also many other (much more fixable) things that are eroding the value of your company – things that you have the power to solve with relatively little effort.

Topics: Leadership / Strategy

Why do good drivers quit?

When drivers leave your company it's usually not due to your competitor offering better pay, benefits, or home time - it's usually due to something much deeper than that.

Topics: Transportation Leadership / Strategy

Experienced drivers pose a serious risk

With an industry-wide turnover rate of 100%, we often attribute crashes to our road rookies. But, what about our drivers who have been with us for the long haul? You may think "He's been around for over 20 years - just leave him be and let him drive." You're wrong.

Topics: Transportation Leadership / Strategy

5 Risks Construction CEOs Ignore

Construction company executives have a lot to worry about. We find that CEOs leave a few key risks unchecked.

1. Being Unprepared for a Crisis

A crisis is any unpredictable event that threatens to harm an organization, its stakeholders, or the general public. 

What's the risk? The credibility and reputation of an organization is heavily influenced by how the company responds during a crisis. Failing to have an effective communication plan in place could be detrimental to your company's image in the community and create confusion amongst employees.

Topics: Construction Leadership / Strategy

Fully Insured vs Captive vs High Deductible: An Honest Comparison

We hear it all the time from business owners: "We are paying too much for insurance. There's gotta be a better way." 

And our industry responds: "Have you heard about captives?"

Too often, insurance brokers confuse the financial instrument with the strategy. 

The reality is that these tools alone will not solve the problem of high insurance costs. To clear the air, though, we thought we'd share the pros and cons of 3 insurance products, each with different levels of risk ownership: full insurance, captives, and high deductibles.

Topics: Leadership / Strategy

The Talent Assessment Problem

Recruiting and hiring top talent is one of the biggest challenges that companies face. And yet we simply aren't good at it.

We aren't good at recognizing when a high performer is sitting right in front of us. And we aren't good at weeding out candidates that sound good but ultimately underperform. 

Topics: Leadership / Strategy HR / Employee Benefits

Intern Climbs Kilimanjaro for Insurance Job

Wouldn't it be nice if it still worked that way? If candidates lined up at your door, willing to go to extraordinary measures for the privilege of working at your company?    
 
The fact is, our [former] intern did climb Kilimanjaro last week - to officially bid farewell to pre-full-time employment life. But in 2017, the scenario is quite different.
Topics: Leadership / Strategy HR / Employee Benefits

More Employees Quit in 2016 - And Here's Why

When people quit your organization, it can feel like one giant step backwards after many small steps forward. So why are so many people leaving? It could be because they never should've been hired in the first place.

Topics: Leadership / Strategy HR / Employee Benefits

Extended Transition to ACA Compliant Policies

On February 23, 2017, the Centers for Medicare and Medicaid Services (CMS) released an insurance standards bulletin allowing states to yet again extend the life of "grandmothered" or transitional health insurance policies to policy years beginning on or before October 1, 2018, as long as the policies do not extend beyond December 31, 2018. 

Topics: Leadership / Strategy

7 Trucking Trends for 2017

With roughly 3.5 million truck drivers collectively moving nearly 70% of all freight tonnage in the U.S. change is inevitable. 2017 brings a slew of trends that will shape the future of this essential industry. 

Topics: Transportation Leadership / Strategy