Latest headlines: Lee Distad on being in control, Mark Coxon on preparing for the future versus the past and Hope Roth on the chip shortage.
March 25, 2022 | Volume: 16 | Issue: 6
Happy happy Friday, AVtweeps! How has your week been? We were busy here at rAVe covering Enterprise Connect 2022, but it was a blast! Let’s get to some columns and industry updates.
Our first column today comes from Lee Distad and covers a great reminder for working in any business: you have to work with what is in your control. There will be things that seem out of control, especially when setting up equipment in Rental situations. Lee gives some advice on managing your time and energy and says focusing on what you can control will help you both in the short and long run! Check it out here.
Our second column begs a very important question: what business are you really in? What does that mean? Well, according to Mark Coxon, all businesses are either working to preserve the past or build the future. Inspired by a keynote from Gary Kayye, Mark details what it means to steer your business in a way that prepares you for the future — not the past. Read his thoughts here.
Lastly, our third column is by Hope Roth and gives us a detailed rundown of the chip shortage. I’ll admit it — there are lots of details about the chip shortage that I was too afraid to ask about. What actually causes supply chain issues? How did the impact on the AV industry get this heavy? When will chips be back in the Rental market? What else could happen to the supply chain? Get some answers to all these questions and more right here.
That’s all for today! Don’t forget to check out the case studies below too. Have a great Friday and a wonderful weekend. Bye!
Delays are a problem and come with costs of their own. Having nothing for your people to do until you can get back to work costs both time and money. Not to mention that pushing one project further down the road risks impacting scheduled work coming up on other projects that are committed. That is, assuming those other projects themselves don’t get delayed. Try not to think about that.
To understand exactly why, you really need a much deeper idea of why people resist change, about the concept of sunk costs, and about how companies disincentive R&D. But whether you understand the “why” or not, it is definitely time to ask the question, “What business are WE in?”
It’s a scenario currently playing out at AV integrators all over the world. After a difficult year of pandemic-induced budget cuts, a client accepts a proposal for an install or upgrade. Paperwork gets signed. Purchase orders get cut. Product orders go out. And then … the waiting game begins. Phone calls are made. The waiting continues. More phone calls. More waiting. From the manufacturer to the distributor to the integrator, all anyone can do is wave their hands and say, “well, you know, chip shortage.”
