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1mo

Across the Panama and Suez Canals, slowdowns loom large. Such supply chain crises are inevitable—but for well-prepared shippers, challenges can turn into opportunities. “If you’re better at responding to disruption than any other competitor, then disruption can be a net good for your company,” Flexport CEO Ryan Petersen told McKinsey & Company. Ryan also explored: • How real-time logistics data empowers entire organizations, transforming decision-making across finance, marketing, customer service, and more • Why ocean cancellations are notoriously common—and how technology enables stronger, more rewarding carrier partnerships • Which industries bear the brunt of supply chain chaos, and which wield pricing power Watch now 👇 and read the full interview here: https://flx.to/mck

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Well, I think, yeah, I think there's a playbook that should be repeatable across crises. And a lot of this playbook, by the way, is just like, how should we be running modern companies? How do we connect people across the world and build a culture where information can flow really smoothly freely to the people who need to know it? And that doesn't have to be all structured data. And, you know, in a in an online interface, I'm talking about just information. What do people know what is happening in the world was the knowledge, what are the key issues that we're facing? How do you get this information surfaced across your organization? It's, it's just like a fundamentally important cultural aspect. And then who's going to make decisions on that information? You, you can tell so much about a company's culture by just sitting in on one of its meetings and going like, well, who does all the who's making the decisions? Who's doing the talking? Is it the loudest person? Is it the most senior person, the most? Extroverted and emotional person, how how are the meetings run? Are they sitting there just talking about stuff or is there some more structure in the how the information is gathered and presented before they have that? Is it a super rigid organized discussion or is there is it allowed for more messiness and and open discussion? Are they really making decisions in that meeting or is this just a rubber stamp and the decision was actually made either before or after? So I think how do you get that the right level? Of process into your decision making is going to be key like how could we gather this information know who who needs to be in the room by the way? And then how do you how do you make decisions and take action? And then if you get it right or wrong, what do you do next right? How do you learn and get a feedback loop from your decisions, your impact you're having in the world back in? I think if you ask about business philosophy, for me, that's the number one thing is like, how do we build these agile cultures that you can actually like really an incredible company culture. And, and the goal of culture, I think is lost on a lot of businesses. Like it's not to make people feel good. It's not, in fact, it might might be that the, the goal of culture is very clear to me. It's, it's to drive velocity towards your, your mission, your purpose. Why does this company exist? What are we trying to do for our customers, for our team members, for our shareholders? You know, what's the wider impact we're trying to have? If, if you're very clear on that, like why are we all here? That's, that's half the battle, then then I think you can have a, can you get a team that's actually really focused on what matters? What is going to drive us there? Right now, and that may need to change quickly in these disruptions, you may need to quickly change focus, but the bigger purpose shouldn't change. So your goal of your culture then is to drive velocity. And we have, we all have to remember our physics lesson that velocity is different from speed. That velocity has a vector, right Velocity is speed in the right direction.

Man of Faith. Freight Forwarding Career Maker.

1mo

Did he actually answer the question or did he waffle aimlessly until he could try to explain the difference between velocity and speed? Jeez. That's 3 minutes and 6 seconds of my life down the toilet.

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