Tag: businesses

  • Appeals Court Holds Trump Tariffs in Place, Trade Woes Lingering

    Appeals Court Holds Trump Tariffs in Place, Trade Woes Lingering

    Trump’s Tariff Tango: The Court’s Latest Move

    Picture this: the president, a stern figure on the trading stage, has been tossing tariffs like confetti every time he feels the wind is against him. The national trade court, however, is like the strict dance instructor who has mic’d the realm of commerce. In a late‑night courtroom showdown, the federal appellate court decided to put the brakes on the last breath of orders, giving the Trump administration a temporary green light while rushing everything else for a summer showdown.

    Fast‑Track Show: July 31 Claimed

    • All the heavyweight judges are glowing with curiosity for the tariff case.
    • Proof that the tariffs will dance on the shelves at least two more months.
    • Loss leads to a court‑roller‑coaster ride to the Supreme Court.

    The Background: A Bare‑Bones Battle of Trade

    Beyond the court’s latest decision, our polite President said “I have the authority” and imposed a ton of tariffs thanks to the International Emergency Economic Powers Act (IEEPA). He brought in duties on Canada, Mexico, China – even over a tricky topic: fentanyl smuggling – plus his grand “Liberation Day” tariff, which he activated in April.

    What the Courts Snooped Out

    The U.S. Court of International Trade, known as a giant in trade disputes, had already decided to pause the tariffs last month. They sided with five tiny business owners and a coalition of Democratic state attorneys general, all looking to keep the market from turning into a carnival of confusion.

    Will the Supreme Court Join the Party?

    If the losing side pleads for a Supreme Court review, the case might get a grand entry on the stage. Remember, the trumped-up tariffs are still a—brave—subject for the most powerful judicial mirror in the United States.

    Takeaway in Plain English

    The president’s big tariff plan is still on the table for at least the next two months; the federal appellate court will keep the picklepickle moving while refusing to flip the switch entirely. But with the Supreme Court looming, the debate won’t just stick to the wall of the trade court; it will travel all the way to the big boss of the judiciary.

  • Mastering Hybrid Working:  Benefits, Challenges and Strategies

    Mastering Hybrid Working:  Benefits, Challenges and Strategies

    Hybrid working has become one of the most discussed topics in the post-pandemic world, with more and more companies shifting their focus to this flexible work arrangement.

    But is it working? Well, it depends.  So, let’s explore the benefits and challenges of hybrid working, and why companies need to be strategic in implementing it.

    The Benefits of Hybrid Working

    Hybrid working allows employees to have a better work-life balance, as they can choose to work from home or come into the office as needed. This can lead to increased job satisfaction and productivity, as employees feel trusted and valued by their employers. It also means that employees can work from anywhere, which opens up opportunities for remote work and allows companies to tap into a wider pool of talent.
    Moreover, hybrid working can lead to cost savings for companies, as they do not need to provide as much office space or equipment. This can be a significant benefit, especially for small businesses or startups that are trying to keep costs down.

    The Challenges of Hybrid Working

    However, there are also some challenges to hybrid working. One of the biggest challenges is communication and collaboration, as team members may be working in different locations and time zones. It can be difficult to coordinate meetings and ensure that everyone is on the same page.
    Another challenge is maintaining a sense of team culture and collaboration. When working remotely, employees may feel isolated and disconnected from their colleagues, which can lead to a lack of motivation and engagement.
    Some employees may struggle with the lack of structure and social interaction that comes with remote work. This can impact their mental health and wellbeing, and companies need to be aware of this when implementing hybrid working.  What is suitable for one person may not be suitable for someone else and it is important to understand the skills and trait of individual team members.

    Strategies for Successful Hybrid Working

    To make hybrid working successful, companies need to have effective strategies in place. Here are some key strategies that can help:

    Communication and Collaboration Tools

    Effective communication and collaboration tools are essential for successful hybrid working. Companies can use video conferencing software, instant messaging, and project management tools to ensure that employees can stay connected and collaborate effectively. Moreover, regular team meetings / coffee mornings can help to maintain a sense of team culture and ensure that everyone is on the same page.

    Clear Guidelines and Expectations

    It’s important to set clear guidelines and expectations for hybrid working, such as work hours and response times. This can help to ensure that employees are clear about what is expected of them and can manage their time effectively.

    Training and Support

    Companies need to provide training and support to employees to ensure that they can adapt to hybrid working effectively. This can include training on communication and collaboration tools, as well as the essential support for mental health and wellbeing.

    Flexibility and Adaptability

    Companies need to be flexible and adaptable when implementing hybrid working. This means being open to feedback from employees and making changes as needed. It also means being prepared to adjust policies and strategies based on changing circumstances, such as new technology or a shift in the job market.
    In conclusion, hybrid working can be a great option for companies and employees, as long as it is implemented strategically. Companies need to have effective communication and collaboration tools in place, set clear guidelines and expectations, provide training and support, and be flexible and adaptable. By doing so, companies can ensure that hybrid working is successful and beneficial for all involved.

  • Four tips to enable you to be fully client-fit for 2021

    Four tips to enable you to be fully client-fit for 2021

    Everyone knows it’s more important than ever to keep building your business during these tough times. What’s absolutely crucial to doing this is ensuring you stay relevant to your existing client base. 

    I speak to David Das and David Armes, global sales trainers and authors of The Me Agenda: Unleash the Simple Human Truth of Selling, to focus in on four vital things to do right now to help maximise your chances of having a successful 2021. This is what they advise …

    One: Check your offer

    Just as you may have needed to change some things in your business, so have your clients. Clients are in a period of organisational re-design. Maybe they now need something different from their suppliers to match their new needs.
    What should suppliers do?
    The thing to do first of all is to ask your clients what’s different and therefore what their new needs are. Then shape your offer to fit. We get that this can be really tough, believe us we’ve had to go through this exact process! Letting go of the past way of working, finding your offer is no longer relevant, changing fundamental things…all painful learnings but learnings that have to be acted on in order to stay relevant into 2021. Finding out what’s changed in your clients’ businesses first will help to make the process at least efficient, in that you won’t be wasting your time and energy developing something that may not be valuable for them.

    Two: See if you can re-purpose what you already have

    Not every new client need means having to build a brand new service or offer from scratch. Sometimes, what you already do will just need tweaking for it to become relevant again. For example:

    Delivering it in a different way – thinking about format, timings, who it’s delivered to etc.
    Finding out what’s of most value to your clients now in your existing offer and focusing on delivering that with absolute reliability
    Re-packaging your offer and clearly communicating it, to emphasise how it helps with the new needs your client has

    The important point to take away from this is that you don’t always need to invest significant time and money in developing something brand new in order to stay or get relevant. In most cases it’s a combination of mostly elements from the existing offer with just one or two changes to become match-fit once more.

    Three: Tell people about what you’re famous for

    This sounds simple, but it takes courage. Right now we’re seeing a lot of suppliers saying to their clients ‘we can meet any of your needs’. This isn’t useful to clients.
    The courage comes in when you take your re-shaped offer, pin it to your mast and go all-out to make yourself famous for delivering it. Relentlessly campaign it. When your message is that clear, and the value that obvious, clients will understand your relevance in their worlds. And believe us, clarity and value is exactly what clients are looking for right now to help set themselves up for 2021.
    With this being so important, it’s critical to ring-fence not just investment behind the campaign, but crucially ring-fencing the right resource to do it. And by the right resource, we mean people who can run the sales and marketing effort most effectively across digital and ‘real-life’ channels. For example, we aren’t the most knowledgeable about digital, so we need someone who knows how to get our message across effectively using social media. Our ego has to be taken out of the equation!

    Four: Invest in your people wherever possible

    Even though it’s been a tough year and more restrictions are in place for the next six months at least, there have been some positives coming out of this new way of working. Working from home has led to increases in productivity, realisation that offices may not be needed after all therefore costs have been reduced, and reductions in pollution are just some benefits being seen.
    There is another side to this however, and that’s how to keep your people engaged, motivated and energised in this environment. There is a direct, proven correlation between engagement and productivity and now the novelty of the situation has gone, businesses need to find new and creative ways to keep engagement high.
    One of the things we’re hearing in our conversations with our clients is that they’re people are beginning to lose that feeling of development and progression. Without that, engagement is tough to maintain. When engagement begins to fall, then productivity falls alongside it and that means that there is a danger that client needs begin to become unfulfilled.
    What can you do to turn this around or head it off at the pass? We believe when money is tight, if you’re a leader of your business, one of the best ways is to self-develop and then pass on your learnings to your team. Likewise, encourage them to also learn and share. Learning could be about the market you operate in, the broader trends in the economy, soft or hard skill development and so on. As well as broadening knowledge and/or skillsets, it also encourages regular communication and develops a team fit for the near future.
    With these four core areas managed effectively, you have a business that is fit for 2021.

  • Sabotage: Inside Trumps BLS Director Tirade

    Sabotage: Inside Trumps BLS Director Tirade

    Who’s Been Sneaking Around Those Job Numbers?

    So, folks, last week the labor market update blew out the charts in a way that made even the most seasoned economists go, “Hold up, what’s this?” Trump, lashes it out—calling the revisions “incompetency” at best, a patch‑up of “intentional sabotage” at worst. And honestly, while the first smackdown makes sense, the second is a wild goose chase.

    Data Integrity: A Long‑Running Roadblock

    • Job numbers haven’t been the cleanest thing. We’ve been steeped in inconsistencies.
    • The Bureau of Labor Statistics (BLS) struggled to keep the data sane for ages.
    • Now someone’s dropped a wrench into the mix, fiddling with the figures.

    Was It Politics or Just Bad Plain Tweaking?

    Let’s break it down: the obvious adjustments? Clearly a bit suspect.

    • Think of it like someone messing with your playlist, swapping out a single track for a total EDM boomerang.
    • It’s possible political motives tipped the scales, but it’s just as plausible it’s a slip‑ups from data wranglers.

    How to Keep Your Head in the Game

    Instead of letting the chaos get under your skin, here’s the low‑down:

    1. Don’t sweat the tiny misfires—focus on the big picture.
    2. Keep an eye on consistent data releases. If something feels off, flag it.
    3. Lastly, stay informed, but don’t let the numbers turn into a “who’s doing what” showdown.

    In short, the job numbers’ drama is a bit of a circus, but the best way to survive it is to stay calm, stay curious, and keep your wits about you. No amount of sabotage can shuffle you out of the game if you’re rolling with the right info.

    PROBLEM #1: Garbage in, Garbage Out

    Government Data Surveys: The Vanishing Acts of Response Rates

    Picture this: a government survey waiting giggling in the inbox of everyone who has ever opened a “you will be asked to comment on the couch’s upholstery” letter. But once you glance at the question, they’re already disappearing into the ether. That’s the reality we’re facing today.

    What’s Slowly Sliding Away?

    • Declining Participation: Growing numbers of people, from busy professionals to weekend hibernators, no longer feel the itch to fill out these questionnaires.
    • Questionable Incentives: The sweeteners that once proved irresistible—promised pizza discounts, monthly giveaways—aren’t enough to shake the civic apathy.
    • Survey Fatigue: With an overload of reminders bouncing off us, the very act of responding has become a thing of the past.

    A Quick Takeaway

    In the world of data collection, the tide is turning. Whether it’s a subtle shift or a dramatic wave remains to be seen, but one thing is clear: if we don’t speak to the masses, our numbers will never be complete.

    Why the Fed’s Numbers Might Be a Bit Off‑Balance

    Picture this: you send a “Hey, how big is your payroll?” questionnaire to 100,000 companies. Only 40,000 open the envelope and write back. That leaves a pretty glaring gap in the data.

    The Big‑Company Bias

    • HR departments love surveys. Corporate giants with a full HR team are far more likely to hit “send.”
    • Small shops? Probably not. A lone pizza joint owner who’s juggling orders on the sidewalk isn’t going to bother with a form about payroll.

    What This Means for Numbers

    When big firms dominate the responses, the total payroll count shrinks on the smaller side. That’s like listening to only the loudest voices in a conversation—you miss all the quieter, yet still important, perspectives.

    Tech‑Sensitive Small Businesses

    Small companies are often the ones who feel the pinch of a slowing economy first. If they’re underrepresented, the snapshot you get is a little out of date.

    The Bean‑Cup Effect on Fed Decision‑Making

    Because the data is skewed, the Federal Reserve’s big policy calls feel like they’re riding a delayed train. They’re reacting to a picture that’s a smidge older than the real world, and that can lead to a lag in the right economic nudges.

    KILLING THE WRONG MESSENGER

    Who Is Erika McEntarfer, the Ex‑Director of the BLS?

    Picture this: a high‑flying economist lands a top‑ballot gig, gets slapped with a colossal problem, and finds herself in the cross‑fire of politics. That’s Erika McEntarfer’s story. Let’s unpack the drama, credentials, and why the headlines called her a scapegoat.

    A Quick Run‑Down of Her Journey

    • PhD in Economics – She earned her doctorate and gunned her way into the Census Bureau.
    • Early stints as an advisor on labor markets sharpened her policy chops.
    • Member of the Council of Economic Advisors before stepping into the BLS Director’s chair.
    • Officially took office in January 2024, with a portfolio that’s all about data and jobs.

    Do Her Credentials Line Up With the Job?

    On paper, Erika looks like the type of labor economist everyone dreams of in the academy or in Washington. But the reality of running the Bureau of Labor Statistics (BLS) is a different ballgame.

    • She’s lacking hands‑on experience running big bureaucratic wheels.
    • The BLS has its own data‑collection maze, a niche that even seasoned economists don’t typically navigate daily.
    • Erika knows the big picture but the nitty‑gritty operations? Not so much.

    Why the Scapegoat Label?

    Think of the BLS Director as a ceremonial crown—the real work is executed by a team of analysts, survey technicians, and data wranglers. When a national data lop‑off occurs, the people in the ring start looking for someone to pin a blame on. Erika was the trophy target.

    The Data Dilemma She Faced

    Right after she assumed office, the BLS was grappling, as all agencies had been doing for years, with subfields in the jobs data. But here’s the kicker: she was told to fix it.

    • Zapped 810,000 jobs from the March 2024 count during the “annual revision.” The “bright” 2.8 million job growth story flopped to a more modest 2 million.
    • Later, the May‑June NFP report pulled another 280,000 jobs, causing a sudden dip that made headline‐makers gasp.
    • In the middle of all this, Fed Chairman Powell pushed back on rate cuts, citing a “strong jobs market” narrative.

    Political Backdrop

    Trump’s administration was no fan of friendly bureaucracy—unlike the West Coast’s “hand‑hold” style in California where leaders can stay on if they manage to keep the betrayal low. Under Trump, swift firings were the norm for any slip‑up.

    • Erika’s dismissal was part of a fleeting wave of turnovers led by the president.
    • Some argue the firing shattered BLS’s credibility, but the agency itself had been bleeding credibility long before the firing.
    • Contrast with Hegseth’s case—because his oversight of Pentagon communications wasn’t a direct failure in his core duties, he got a “second chance.”

    Bottom Line

    The 2024 BLS saga shows that the chief of a major data agency can be treated like a fuse: if something goes off spark‑y, the director, not the entire machine, gets the blame. In Erika’s case, professional rigor met a nitty‑gritty task she hadn’t fully mastered, and a politically motivated admin decided that someone needed to be held accountable. That’s why she’s being called a scapegoat.

    In the world of labor economics, it’s a reminder that degrees and titles don’t guarantee survival—context and operational expertise are equally vital.

    EVIDENCE OF DATA SKEWING: THE WHAT BUT NOT THE WHO AND WHY

    Payroll Data Glitches: The 98K Job Mystery

    For the past months, I’ve spotted two glaring signs that the payroll numbers are getting a little hand‑adjusted. Let’s take a quick walk through these clues.

    What Happens in a Single Month?

    • In April, the payroll department suddenly invented 98,000 jobs out of nowhere.
    • That surge blew the April NFP numbers higher… almost like pulling a rabbit out of a hat.

    Why This Is a Red Flag

    • Historic norms for this sector: typical monthly growth sits around 15,000, with peaks topping out near 22,000—and never anywhere close to that 98,000 spike.
    • The jump appeared and vanished within just one month, which is as rare as finding a four‑leaf clover in a calculus textbook.
    • When a sector truly expands or contracts, it usually does so in a sustained wave, not a lightning‑flash.
    Bottom Line

    Seeing a 98K jump pop up and disappear overnight feels more like a prank than a legitimate payroll update. If this was a one‑off blip, it should align with the sector’s long‑term growth trend, but it didn’t—making it a smoking gun for possible data tinkering.

    Full-on Data Shuffle: The Public Education Blues

    What’s going on? The charts from the June preview of the NFP (National Fiscal Pulse) are screaming at us. Roughly 70,000 jobs rippled out of our State and Local schools. That number is the sort of thing that makes you want to grab a coffee and do a double-check.

    Hold on—schools are holding more people than ever

    For the first time in decades, schools are keeping folks on the payroll instead of making hasty cuts. You’d expect a shortage to trigger staff downsizing, but nope—the opposite happened. Teachers, aides, support staff… every single one of them feels a little more secure.

    Why is this so wild?

    • Schools usually have a lot of temporary hires who usually get let go when the academic year wraps up.
    • Yet, the numbers tell a different story: they’re sticking around. That’s not just unexpected—it’s basically a scene out of a sitcom where the main characters all suddenly decide to stay in town.
    • Imagine a school with 100 seasonal temp staff—because of a sudden spike in enrollment they still get paid the full term. That feels like a sign illuminating that “we’re in it together.”

    Bottom line

    So while your spreadsheets might say “pang!” (or slam a fist on the desk), the reality on the ground is: teachers, aides, front‑desk clerks, and that sneaky tech team have a good chance of not being laid off next spring. It’s almost like a plot twist, but this time the writers are the NFP and the actors are good‑old public employees.

    THE DEVIL IN THE DETAILS

    Oops! A Batch Goes Boo—And It Stuck

    Picture this: a junior analyst, fresh from the office, reaches for a keyboard and accidentally sends billions into the system instead of millions. Classic “fat‑fingering” meets financial blunder—but why did nobody catch it in time?

    The Big Fumble

    • Reality check: the glitch happened within minutes of the data publishing schedule.
    • It wasn’t a one‑off; a similar mishap popped up in a separate BLS release.
    • Both incidents involved unintentional swapping of decimal points or a simple typing error.

    Where’s the Early‑Warning System?

    The question that keeps people up at night: why didn’t a single BLS analyst spot the anomaly right away? Think of the BLS as a busy bookstore—every shop assistant should see if a book title is misspelled.

    • It turns out BLS internal checks were weak, more like a light stroll than a deep audit.
    • Data collection happened perfectly; the flaw sprang from an oversight trap in post‑processing.

    Who’s Holding the Gloves?

    With such loopholes exposed, attention turns to the Director of the BLS. Was she too distracted or simply a figurehead, letting the mess build under her umbrella?

    • The headlines say: “Did the Director care?”
    • Reality: she has the tools and access that could have wrangled this issue.
    • Now, the debate centers on whether the Director was actively engaged or merely waving her hands.

    In the end, this blip shows it’s more than a tool glitch—it’s an organizational oversight problem. Time for a full audit, a clearer chain of command, and maybe a double‑check system. Until then, let’s hope the next batch sticks to the million marks and not the billion ones!

    TO THE PARANOID, A WEB OF DECEPTION

    Trump’s “Job Fiddling” Conspiracy: A Tale of Numbers and Politics

    Picture this: the Trump camp is watching the economy like a detective on a crime scene. When the Biden team makes a move, Trump sighs. When he needs an edge, he spots the numbers slipping.

    1⃣ The “Biden‑Boost” Timeline

    • In the months leading up to the election, the Fed slashes rates and the BLS drops strong jobs data. Both hand‑shakes for Biden.
    • After the polls, the BLS flips the script: “Oops, jobs were actually bad.” The headline revives the weak‑jobs, weak‑economy narrative.
    • March’s jobs revisions set the stage for an “embarrassing” post‑election fallout.

    2⃣ July: The Great Job Game

    • Before the crucial July Fed meeting, BLS reports solid payrolls. Numbers look like a party for the Fed’s rate‑cut wishes.
    • When the Fed says “No cuts for now,” the spins spin fast. The “strong‑jobs” story cracks like a bad ice cube.
    • Revisions appear overnight, wiping the jobs glow and leaving a flat‑lined economy that screams for cuts.

    3⃣ Trump’s Take: “I’m Not the Target!”

    “Guess what, Mr. President? Those revisions are actually good news. They help push the Fed to cut rates.” Yet, Trump can’t shake the feeling that the economy is being painted with a smudge.

    4⃣ Are Bureaucrats Sabotaging?

    • Question: “Did someone create jobs out of thin air?” Trevor thinks that some numbers may have been over‑inflated for a good reason.
    • Case in point: The public‑sector education jobs in June vanished during the July revision. Suddenly, they were as real as a unicorn.
    • And why should the government do this? Why big unwinding of fabricated jobs?

    In the end, Trump feels a tangle of numbers, politics, and “mysterious” edits. Whether that’s a clever tactic or just a messy stats‑dump is a debate that’s still open. Either way, the penguin’s been juggling numbers like a circus act.

  • Rome Building High-Performing Teams for Elite Sport

    Rome Building High-Performing Teams for Elite Sport

    “Rome wasn’t built in a day” is the widely used adage attesting to the need for time to create great things.

    I’ve worked with many teams and organisations over the past ten years, who wanted to create great, high-performing teams. And whilst none have wanted to do it in a day, many have asked me to facilitate a two-day, team development offsite.

    But Rome wasn’t built in a day, nor are high-performing teams.

    I blame the books about highly successful businesses and elite sports teams myself. You know the ones:

    Good to Great by Jim Collins
    Winning by Clive Woodward
    Will it Make the Boat Go Faster? by Ben Hunt-Davies and Harriet Beveridge
    Winning by Jack and Suzy Welch

    …and the list goes on.
    Don’t get me wrong, these are all truly fantastic books.
    The issue is they are the retrospective narrative of a journey that these teams and organisations went on over many years. They are not the agenda for our next two-day, team development offsite.
    Rome wasn’t even built in two-days, and nor are high-performing teams.
    Time and again teams try to build a high-performing team with short term tactics and interventions.
    Building a great team isn’t a tactical activity. It’s a strategic activity.
    I’d go one step further and say that it is a strategic imperative if you want your business to succeed in the volatile and uncertain future that we are facing.
    You will always be faced with competition on price. Your competitors will always be able to replicate your products and services to varying degrees of success.
    Competing against a high-performing, closely aligned team is much, much harder.

    Where next?

    Grab a copy of my Team Development Roadmap to see what the next steps look like and then book a free call here.