(Time to read this Blog section is about 60 seconds)
- How would you handle a 97% service delivery failure? Toronto police have announced that 97% of home alarm activations are false alarms…so they will no longer respond to any home alarm activation without a personal confirmation from the homeowner that a crime is being committed.
One high-end Alarm Service Provider has already come up with a solution. They have their own response team patrolling the residential areas where their customers are located. These responders quickly go to the location of an alarm activation, notify police if a crime is being committed, or reset the alarm if it’s a false alarm. Cost is $3,000 per year.
- Who makes the most trains? The world’s largest train manufacturer is China’s CRRC with annual sales of $38 billion and 180,000 employees. They produce locomotives, freight and passenger cars and urban rail transit cars.
- Canada’s diary battle with Mr. Trump. Trump is incensed by Canada’s assistance to its dairy industry through a ‘supply management’ system. But the US subsidizes its farmers to the tune of $20 billion a year in direct farm payments. In fact, every country subsidizes its farmers in some way. Farm subsidies in the EU amount to $58 billion (US) a year, which is 38% of the entire EU budget.
In the UK, government subsidies make up about 65% of total farm income. Without these subsidies it’s estimated that 42% of all UK farms would quickly go bankrupt.
- The importance of getting things done. On January 10th, 1946 the British Cabinet approved plans to build a 3rd runway at Heathrow Airport, west of London. That runway has still not been built…72 years later. In the meantime, China is in the middle of a program to build 66 complete new airports, from scratch, in 5 years.
Do you get things done in your business…or do things grind to a halt? Decide, implement, follow up. That’s it. I’ve said for years that businesses don’t die from a single shot to the head. They die, slowly but surely, from a thousand uncompleted tasks. Don’t be one of those.