• AS VIRTUAL WORKPLACES CONTINUE, for economic & life balance as well as pandemic reasons, remote work will continue to be a challenge to organizational culture, particularly integration of new employees. A few strategies which have proven effective for organizations involve: (1) Integrating discussions about culture and expectations, values and encouragement of questions in first interviews & orientation; (2) Assigning new hires with a ‘buddy’ to express concerns; (3) Offering employees flexible schedules and even shorter workweeks; (4) Encouraging non-work-related interface with colleagues through private chats & online networking; (5) Emphasizing the importance of participation in meetings & events, even when no business to discuss.  [JRNL OF ACCOUNTANCY – 7/19/21]
  • ‘FAMILY BUSINESS’ – defined as any company in which two or more family members “exercise control, concurrently or sequentially” – represent 90% of American businesses, employing half the nation’s workers and providing half its GNP. When managed effectively, up to two-thirds make it through two generations (up to sixty years). Meanwhile, a study of 25,000 publicly-traded companies over the last six decades found that, on average, they lasted only 15 years, and a recent Boston Group study found almost one-in-three faced a five-year ‘exit risk.’ What principally accounts for the big difference is that “rather than being obsessed with hitting quarterly earnings targets, Family Businesses tend to think in terms of Generations, which allows them a better position for action to endure tough times… especially adapting quickly to changing circumstances and navigating to not only preserve cash, but also to ensure well-being of their employees and communities.”  DCG have decades of expertise in Family Business structure, infrastructure, financial, tax, and positioning for optimal transition and/or exit valuation. Call us for courtesy consultation.  [HARVARD BUSINESS REVIEW – 7/19/21]
  • THE IMPACT FROM LIMITED SUPPLY OF NEW AUTOS & TRUCKS IS NOW HUGE, a result of manufacturers having cut production during the pandemic, and still facing a global supply shortage of computer chips which has slowed ramp ups. New car backlog is well over six months for many models, and used car prices have soared nearly 33% so far this year – a result from high demand as the pandemic subsides, from consumers returning to work & driving while flush with stimulus-cash, and because Hertz & other car rental agencies bought up available used cars to rebuild their fleets.  [MSN – 7/16/21]
  • THOUGHTS FOR THE WEEK: A clever musical picture of Millennials:  https://www.youtube.com/watch?v=hLpE1Pa8vvI&feature=youtu.be

          “The Genesis of our American Collective Meltdown” – brilliant analysis by Victor Davis Hanson  https://www.independent.org/news/article.asp?id=13645

          The anti-vaccination perspective encompasses more than valid ‘concern’ about long-term effects. A well-documented scientific presentation contends: (1) That the entire Covid-19 crisis is a scam, evolved from a pre-planned story designed to hype the vaccine for benefit of investors in patents issued two decades earlier; (2) That vaccines are essentially a stimulant, designed by computer simulation (versus animal mating), in order to produce a Toxin which instructs our cells to then create/build an immune response – hopeful but untestable in Trials; (3) That, in fact, the Vaccines are illegal toxic ‘bioweapons’ which could portend the ‘Homicide of Humanity’; (4) That regulators & prosecutors have known these facts since the beginning but are in collusion to support the story. A scary scenario if even partially accurate, well worth viewing for those interested in alternative perspective. https://rumble.com/vk2bya-exclusive-dr.-david-martin-just-ended-covid-fauci-doj-politicians-in-one-in.html