Sherex Application Spotlight: Replacing Welded Hex Fasteners with Full Hex Rivet Nuts!

• The OEM was experiencing low throughput rates and creating toxic emissions by utilising weld nuts.

• Sherex's engineering team designed and produced a full hex rivet nut to be installed using the FLEX-5 rivet nut installation tool.
• The new solution increased throughput by 50%, eliminated toxic emissions, AND provided a significant cost savings to the OEM.

The Best Kept Secret

From MultiBriefs: Exclusive

Ready or not, this year's tax filing deadline is approaching quickly — April 17. And the big question for many businesses across the U.S. is how to avoid audits. READ MORE

From Forbes

Even the most creative of business minds hit a wall at one point or another. The creative juices stop flowing, and it all just comes to a head. Taking the time you need to get away and reignite that internal flame can help you get yourself back in the mindset needed to come up with those innovative ideas once again and make thing happen at your business. READ MORE

From Entrepreneur

The best time to tweak your business for the better is when everything is already going well. READ MORE

From Elm Sustainability Partners

Development International (DI) has published a new study on the OECD Due Diligence Guidance, industry-led due diligence and smelter/refiner (SOR) audit programs. Elm Sustainability Partners is honored to have participated on the study’s Advisory Committee. READ MORE

From Elm Sustainability Partners

Last month, we joined a TheCorporateCounsel.net webinar, along with Michael Littenberg, Dave Lynn and Christine Robinson discussing the upcoming conflict minerals filing for calendar year 2017. READ MORE

From Business 2 Community

Entrepreneurs bring all sorts of skill-sets to their venture, such as the ability to sell, or to organize activity, or to raise funding. Some might have a business background, but others might need to learn the ways of business while on the job. Here are 14 terms you and every entrepreneur should know, because they involve central concepts that affect your business. READ MORE

From Entrepreneur

It's time to admit we can't do everything. And that's for the better. READ MORE

From Fast Company

Take these steps to stop yourself from making bad choices when you’re too tired to think. READ MORE

Fastening Systems Engineered For Performance™
THE FASTENER FIX

From the Profit-Tips channel

Some companies function with such destructive consumption that they are actually unprofitable to do business with. One such type of business functions much like the Borg Collective in Star Trek; expecting you to handle very large numbers of small orders, provide and fund additional logistics, and waive or modify the policies that normally protect you from losses. These are companies that will eat up your profits; it is wise to keep away from them. This video gives a guideline for how to avoid getting caught in their grasp. Watch the video.

From TED.com

We often find ourselves stuck in narrow social circles with similar people. What habits confine us, and how can we break them? Organizational psychologist Tanya Menon considers how we can be more intentional about expanding our social universes -- and how it can lead to new ideas and opportunities. Watch the Ted Talk.

From the Profit-Tips Channel

Everyone eventually faces the loss of a significant account. Sometimes it’s one that represents such a large share of business, that “normal” operations are no longer possible. How you handle the situation will determine whether it’s an unpleasant blip, or a near death emergency. This video shows what to do to keep your ship from afloat when the inevitable happens. Watch the video.

From Fast Company

These five steps can help you say goodbye to low-value clients and get more out of those that will really help you grow. READ MORE

From Harvard Business Review

Most great innovators are nothing like the stereotype of a mercurial genius. Managers can help the teams they lead become more innovative by doing four things: First, hire for mission. If people care about the problems you’re solving, they’ll come up with better solutions. Second, promote psychological safety, so people can speak their minds. Third, foster diversity. Research has consistently shown that the most-creative teams are diverse. And finally, value teamwork. While the stereotype of a great innovator may be a lone inventor, the reality is that none of us can come up with great solutions — and implement them — alone. READ MORE

From Entrepreneur

Innovation happens by design. Build it in to your company, and it will show through in your results and relationships with customers. READ MORE

From MultiBriefs: Exclusive

Operational excellence is essential for success in any business. Yet it does not get the attention strategy does, even though we all know it is critical. READ MORE

From the Profit-Tips channel

There’s a strategy that sets apart the companies with astronomical profit rates from everyone else. These amazing companies have profit rates not double, but six to eight times those of their competitors! They all utilize the same strategy for driving the highest-possible profit rates, the greatest cash-flow, and the fastest growth. In this video, I’ll share the strategy, and how you can get started implementing it. Watch the video.

From the Profit-Tips channel

Mathematically, half of all companies have below-average customer service. There’s a fifty-fifty chance yours is one of them. Here’s why most companies don’t do so well with this, and what can be done to get to the top of the heap. Watch the 4-minute video.