Every four years, I watch the Olympics for two weeks. I love seeing the best-of-the-best vie for medals, for records, and for national glory.
Sometimes what is even more compelling than the world-class athletic feats themselves are the human-interest backstories. These personal histories are eye-openers for me. They force me to put aside my preconceived notion that all Olympic athletes are born talented, and that their achievements come to them naturally. Instead, like hurdles in a track competition, many—if not most—Olympic participants have had obstacles to overcome.
Two examples come quickly to mind. The first is Oscar Pistorius, the South African paraplegic. Because of a medical condition, his legs were amputated halfway between his knees and ankles when he was 11 months old. He runs on specially designed blades. Clearly, he had much to overcome, not the least of which was getting the South African Olympic Committee to allow him to participate alongside the "able bodied."
The second example is Katie Bell. In 2007 at the U.S. College Big Ten Championships, the 4-foot-11-inch, 95-pound platform diver got "lost" in a handstand dive off the 10-meter platform and landed flat on her stomach, dislocating some of her ribs and collapsing a lung. Thanks to therapy (both physical and psychological), she made it back onto the diving platform and eventually to the 2012 Olympic Games. She did not let her injuries or her fear stop her from achieving her best.
We are not all Olympic athletes, but each of us wants to excel in our chosen area of expertise. But we also have obstacles, preferences, likes, dislikes, and sometimes even fears. Think about these factors in relation to your job performance. Are they silently holding you back from what you want? Are they keeping you from taking your game to its highest level? It's time to identify these obstacles and deal with them, rather than allow your preferences and fears to dictate your career path.
Commit to change
In our heart of hearts, we know what our obstacles and fears are. Maybe it is public speaking, giving criticism, confronting co-workers or suppliers, or dealing with dissention. These are the things that keep us up at night, that make our pulse race, that make our mouths dry. These are the things we need to do but don't do (or don't do well) because they make us uncomfortable or fearful.
Or we may be doing the correct thing but are doing it in the wrong way because of individual preferences, likes, and dislikes. An example would be speaking too bluntly ("We are all adults; she should be able to deal with it.") or carrying out a task but not following the rules ("Who has time for all that paperwork?").
These shortcomings are hard to detect because they don't bother us like they do others. They are insidious that way. If you are prone to such problems, hopefully they will be highlighted in your annual review or will be brought to your attention in candid conversations with co-workers. Take this feedback to heart. It is a gift, and you need to make constructive use of it.
Like New Year's resolutions, you need to commit to goals and put them on paper (or computer screen, as the case may be). Write down the top two or three things that you believe are holding you back. Only select two or three, at most. That is all a person can effectively work on at one time.
Bear in mind that the list will **italic{never} be finished. Once you are satisfied that one of the obstacles on the list has been conquered, another one will almost certainly pop up to replace it. Your process should reflect the philosophy of kaizen, or constant, continuous improvement. With time, the items on your list will be more about refining a skill rather than conquering a fear.
Eleanor Roosevelt, First Lady of the United States from 1933 to 1945, said, "Do one thing every day that scares you." By doing so, she believed, people could overcome their fears and gain confidence in themselves. In our context, that means applying yourself daily to tackling your issues. With your list in mind, marshal your resources. If your fear of public speaking is limiting your career, enroll in Toastmasters. If your difficulty giving criticism is holding you back, find a book about providing constructive feedback. Other possible learning resources include community colleges, online courses, libraries, and firms that offer training or management seminars.
Some companies have a training and development budget that could cover classes that may help you to address your issues. Explore this option. It shows that you are interested in improving your skills and contributing more to the company.
Stay on track
It also helps to apply the old supply chain axiom, "If it can be measured, it can be improved." Track your efforts so you can see your progress. Unfortunately, many of the issues you may be tackling will be of a qualitative nature, which are not easy to quantify. Regardless, you need to record your efforts and your progress—and sometimes the lack thereof.
As an executive coach, I help my clients refine their skills and overcome their obstacles. Part of that process is holding them accountable for the progress they commit to make. I cannot over-emphasize how much being accountable to another person will positively affect your outcomes. Tell someone—a friend, spouse, co-worker, or online support group—about your goals and ask them to hold you to them. Just as having an exercise partner makes you go to the gym regularly, having a support person will provide an incentive for you to follow through on your self-improvement plan.
Most importantly, do not allow yourself to become daunted by your personal weaknesses or past mistakes. Olympian Oscar Pistorius' sporting motto is: "You're not disabled by the disabilities you have, you are able by the abilities you have." Use your abilities to overcome what is holding you back.
Facing an evolving supply chain landscape in 2025, companies are being forced to rethink their distribution strategies to cope with challenges like rising cost pressures, persistent labor shortages, and the complexities of managing SKU proliferation.
1. Optimize labor productivity and costs. Forward-thinking businesses are leveraging technology to get more done with fewer resources through approaches like slotting optimization, automation and robotics, and inventory visibility.
2. Maximize capacity with smart solutions. With e-commerce volumes rising, facilities need to handle more SKUs and orders without expanding their physical footprint. That can be achieved through high-density storage and dynamic throughput.
3. Streamline returns management. Returns are a growing challenge, thanks to the continued growth of e-commerce and the consumer practice of bracketing. Businesses can handle that with smarter reverse logistics processes like automated returns processing and reverse logistics visibility.
4. Accelerate order fulfillment with robotics. Robotic solutions are transforming the way orders are fulfilled, helping businesses meet customer expectations faster and more accurately than ever before by using autonomous mobile robots (AMRs and robotic picking.
5. Enhance end-of-line packaging. The final step in the supply chain is often the most visible to customers. So optimizing packaging processes can reduce costs, improve efficiency, and support sustainability goals through automated packaging systems and sustainability initiatives.
That clash has come as retailers have been hustling to adjust to pandemic swings like a renewed focus on e-commerce, then swiftly reimagining store experiences as foot traffic returned. But even as the dust settles from those changes, retailers are now facing renewed questions about how best to define their omnichannel strategy in a world where customers have increasing power and information.
The answer may come from a five-part strategy using integrated components to fortify omnichannel retail, EY said. The approach can unlock value and customer trust through great experiences, but only when implemented cohesively, not individually, EY warns.
The steps include:
1. Functional integration: Is your operating model and data infrastructure siloed between e-commerce and physical stores, or have you developed a cohesive unit centered around delivering seamless customer experience?
2. Customer insights: With consumer centricity at the heart of operations, are you analyzing all touch points to build a holistic view of preferences, behaviors, and buying patterns?
3. Next-generation inventory: Given the right customer insights, how are you utilizing advanced analytics to ensure inventory is optimized to meet demand precisely where and when it’s needed?
4. Distribution partnerships: Having ensured your customers find what they want where they want it, how are your distribution strategies adapting to deliver these choices to them swiftly and efficiently?
5. Real estate strategy: How is your real estate strategy interconnected with insights, inventory and distribution to enhance experience and maximize your footprint?
When approached cohesively, these efforts all build toward one overarching differentiator for retailers: a better customer experience that reaches from brand engagement and order placement through delivery and return, the EY study said. Amid continued volatility and an economy driven by complex customer demands, the retailers best set up to win are those that are striving to gain real-time visibility into stock levels, offer flexible fulfillment options and modernize merchandising through personalized and dynamic customer experiences.
Geopolitical rivalries, alliances, and aspirations are rewiring the global economy—and the imposition of new tariffs on foreign imports by the U.S. will accelerate that process, according to an analysis by Boston Consulting Group (BCG).
Without a broad increase in tariffs, world trade in goods will keep growing at an average of 2.9% annually for the next eight years, the firm forecasts in its report, “Great Powers, Geopolitics, and the Future of Trade.” But the routes goods travel will change markedly as North America reduces its dependence on China and China builds up its links with the Global South, which is cementing its power in the global trade map.
“Global trade is set to top $29 trillion by 2033, but the routes these goods will travel is changing at a remarkable pace,” Aparna Bharadwaj, managing director and partner at BCG, said in a release. “Trade lanes were already shifting from historical patterns and looming US tariffs will accelerate this. Navigating these new dynamics will be critical for any global business.”
To understand those changes, BCG modeled the direct impact of the 60/25/20 scenario (60% tariff on Chinese goods, a 25% on goods from Canada and Mexico, and a 20% on imports from all other countries). The results show that the tariffs would add $640 billion to the cost of importing goods from the top ten U.S. import nations, based on 2023 levels, unless alternative sources or suppliers are found.
In terms of product categories imported by the U.S., the greatest impact would be on imported auto parts and automotive vehicles, which would primarily affect trade with Mexico, the EU, and Japan. Consumer electronics, electrical machinery, and fashion goods would be most affected by higher tariffs on Chinese goods. Specifically, the report forecasts that a 60% tariff rate would add $61 billion to cost of importing consumer electronics products from China into the U.S.
Shippers are actively preparing for changes in tariffs and trade policy through steps like analyzing their existing customs data, identifying alternative suppliers, and re-evaluating their cross-border strategies, according to research from logistics provider C.H. Robinson.
They are acting now because survey results show that shippers say the top risk to their supply chains in 2025 is changes in tariffs and trade policy. And nearly 50% say the uncertainty around tariffs and trade policy is already a pain point for them today, the Eden Prairie, Minnesota-based company said.
In a move to answer those concerns, C.H. Robinson says it has been working with its clients by running risk scenarios, building and implementing contingency plans, engineering and executing tariff solutions, and increasing supply chain diversification and agility.
“Having visibility into your full supply chain is no longer a nice-to-have. In 2025, visibility is a competitive differentiator and shippers without the technology and expertise to support real-time data and insights, contingency planning, and quick action will face increased supply chain risks,” Jordan Kass, President of C.H. Robinson Managed Solutions, said in a release.
The company’s survey showed that shippers say the top five ways they are planning for those risks: identifying where they can switch sourcing to save money, analyzing customs data, evaluating cross-border strategies, running risk scenarios, and lowering their dependence on Chinese imports.
President of C.H. Robinson Global Forwarding, Mike Short, said: “In today’s uncertain shipping environment, shippers are looking for ways to reduce their susceptibility to events that impact logistics but are out of their control. By diversifying their supply chains, getting access to the latest information and having a global supply chain partner able to flex with their needs at a moment’s notice, shippers can gain something they don’t always have when disruptions and policy changes occur - options.”
That strategy is described by RILA President Brian Dodge in a document titled “2025 Retail Public Policy Agenda,” which begins by describing leading retailers as “dynamic and multifaceted businesses that begin on Main Street and stretch across the world to bring high value and affordable consumer goods to American families.”
RILA says its policy priorities support that membership in four ways:
Investing in people. Retail is for everyone; the place for a first job, 2nd chance, third act, or a side hustle – the retail workforce represents the American workforce.
Ensuring a safe, sustainable future. RILA is working with lawmakers to help shape policies that protect our customers and meet expectations regarding environmental concerns.
Leading in the community. Retail is more than a store; we are an integral part of the fabric of our communities.
“As Congress and the Trump administration move forward to adopt policies that reduce regulatory burdens, create economic growth, and bring value to American families, understanding how such policies will impact retailers and the communities we serve is imperative,” Dodge said. “RILA and its member companies look forward to collaborating with policymakers to provide industry-specific insights and data to help shape any policies under consideration.”