The end of the year is a natural time to give thanks, exchange gifts, and make resolutions. Most of those resolutions involve doing more, like exercising more, volunteering more, or spending more time with the family. While all of these are worthy resolutions, most won't be kept. By February 1, they will be a distant memory.
Often, that's because most of us simply add our new commitments to a workload that is already heavy. We trick ourselves into believing that we can always do more. But perhaps what we really need is to stop doing more and start thinking more. To be successful, we need to take a moment and question everything we are doing. We need to stop and ask ourselves: Where am I going? What is most important? Where should I really focus my time? What should I stop doing?
Stop "fighting fires"
When reviewing goals for my clients, I generally see a conspicuous absence of longer-term goals and plans. I am not talking about 10-year or even five-year time horizons. I'm referring to plans for the next 24 to 30 months. Clients will say that they don't have time to develop longer-term goals and plans; they are too busy executing their day-to-day responsibilities. However, what could be more important than knowing where you are going in your business and career?
Work life can seem like a never-ending series of mini-crises, interruptions, and distractions. We become entangled in handling perceived "emergencies," which in reality aren't truly crises. In fact these activities can often be delegated or delayed without the world coming to an end; in other words, the consequences would be minor, or at least manageable. But here is the difficult part: Most of us like the adrenaline rush of "putting out fires"—solving those immediate emergencies. They make us feel needed; they are exciting.
If you are spending most of your time handling emergencies, when do you find the time to think about longer-term plans for your organization and career? When do you find the time to sit down with your people, coaching and developing them? When do you find the time to lead?
Consider this New Year's resolution: "This year I will spend at least 50 percent of my time on value-added and nonemergency-related activities." That transition from putting out fires to operating thoughtfully with a strategic plan that includes how to deal with exceptional situations can be difficult. The activities of planning and setting goals lack the short-term excitement of handling emergencies. But remember that in the long term, they will help you get where you want to go and not just where the "wildfires" have driven you.
To resist the temptation of succumbing to time-consuming emergencies, recognize that you are more effective if you spend your time on the most important areas first. You need to schedule this time on your calendar. Make it a real commitment. And during that time, you need to just say no to the things that get in the way of accomplishing that deep thinking and planning.
Stop distractions
One of the things you should just say no to is distractions. Some of the biggest, most "urgent" distractions are e-mail and phone calls. They waste time not because you respond to them but because you respond to them as they come in. When you do this, you stop the momentum of other important tasks that require focus and thought. During your value-added, long-term planning time, stop the distractions. Put your phone on "do not disturb." Put the mobile device on "silent" in a drawer.
Instead, attend to e-mails and calls at specific times during the day, and not during your planning and thinking time. You will still return phone calls and e-mails several times per day, just not as they come in. Otherwise they will trickle in all day and interrupt your concentration.
How long should this slot of scheduled uninterrupted time last? It is generally believed that you can retain a high level of performance and focus for 40 to 90 minutes at a time. After 40 to 90 minutes, take a short break. You can engage in an unessential task if it keeps you connected or gives you pleasure. This might involve grabbing a cup of coffee or chatting with a co-worker. You will come back refreshed and ready to refocus.
Stop multitasking
When working on long-term planning, you should also just say "no" to multitasking. When you multitask, you may feel like you are doing more, but in reality, you are probably not doing any of the tasks well. The idea that multitasking is efficient has now been debunked. We need only look at our own performance to see that when we try to focus on more than one thing, we do none well. How many times have you lost track of the conversation because you were looking at your computer? How often have staff meetings droned on because the focus and energy in the room was divided by participants multitasking on their handhelds? Like the old saying goes, "Listen and silent have the same letters for a reason."
You need to give your planning time the same attention—without interruptions—that it would receive if you were meeting with a career coach or mentor. Frequently, when I start working with new clients, the first conversations are transforming. When the focus is solely on their career and goals, they get deeply engaged and animated. They can finally say things about their plans, and have them heard, validated, and sometimes challenged. You need to give your own planning time that same focus and full participation.
Not multitasking is just as crucial in our personal lives. You cannot have "quality time" if you are multitasking. If we are paying attention to what we are doing, the family knows it and appreciates it. Do one thing, do it well, and move on.
When you realize that setting goals and planning your work is the most important task you have, everything else will fall into place. Once you know what your long-term goals are, you are better able to focus on what needs to be done now, and in what order. When you take away unnecessary work and distractions, you get more time for those important tasks. Most of all, when you focus—when you stop multitasking—your work speed and quality improve. So this year, resolve to just say "no."
Just 29% of supply chain organizations have the competitive characteristics they’ll need for future readiness, according to a Gartner survey released Tuesday. The survey focused on how organizations are preparing for future challenges and to keep their supply chains competitive.
Gartner surveyed 579 supply chain practitioners to determine the capabilities needed to manage the “future drivers of influence” on supply chains, which include artificial intelligence (AI) achievement and the ability to navigate new trade policies. According to the survey, the five competitive characteristics are: agility, resilience, regionalization, integrated ecosystems, and integrated enterprise strategy.
The survey analysis identified “leaders” among the respondents as supply chain organizations that have already developed at least three of the five competitive characteristics necessary to address the top five drivers of supply chain’s future.
Less than a third have met that threshold.
“Leaders shared a commitment to preparation through long-term, deliberate strategies, while non-leaders were more often focused on short-term priorities,” Pierfrancesco Manenti, vice president analyst in Gartner’s Supply Chain practice, said in a statement announcing the survey results.
“Most leaders have yet to invest in the most advanced technologies (e.g. real-time visibility, digital supply chain twin), but plan to do so in the next three-to-five years,” Manenti also said in the statement. “Leaders see technology as an enabler to their overall business strategies, while non-leaders more often invest in technology first, without having fully established their foundational capabilities.”
As part of the survey, respondents were asked to identify the future drivers of influence on supply chain performance over the next three to five years. The top five drivers are: achievement capability of AI (74%); the amount of new ESG regulations and trade policies being released (67%); geopolitical fight/transition for power (65%); control over data (62%); and talent scarcity (59%).
The analysis also identified four unique profiles of supply chain organizations, based on what their leaders deem as the most crucial capabilities for empowering their organizations over the next three to five years.
First, 54% of retailers are looking for ways to increase their financial recovery from returns. That’s because the cost to return a purchase averages 27% of the purchase price, which erases as much as 50% of the sales margin. But consumers have their own interests in mind: 76% of shoppers admit they’ve embellished or exaggerated the return reason to avoid a fee, a 39% increase from 2023 to 204.
Second, return experiences matter to consumers. A whopping 80% of shoppers stopped shopping at a retailer because of changes to the return policy—a 34% increase YoY.
Third, returns fraud and abuse is top-of-mind-for retailers, with wardrobing rising 38% in 2024. In fact, over two thirds (69%) of shoppers admit to wardrobing, which is the practice of buying an item for a specific reason or event and returning it after use. Shoppers also practice bracketing, or purchasing an item in a variety of colors or sizes and then returning all the unwanted options.
Fourth, returns come with a steep cost in terms of sustainability, with returns amounting to 8.4 billion pounds of landfill waste in 2023 alone.
“As returns have become an integral part of the shopper experience, retailers must balance meeting sky-high expectations with rising costs, environmental impact, and fraudulent behaviors,” Amena Ali, CEO of Optoro, said in the firm’s “2024 Returns Unwrapped” report. “By understanding shoppers’ behaviors and preferences around returns, retailers can create returns experiences that embrace their needs while driving deeper loyalty and protecting their bottom line.”
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.
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.
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.”