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You are here: Home / Archives for Strategy

Strategy

Smart Savant 3-Point Strategy to Beat Supply Chain Shortages and Fill Orders

April 21, 2022 by Ted Leave a Comment

Savant President JC Murphy

I’m not sure that anyone in Tech has done more than Strata-gee to report on the issue of the failing supply chain and its at times ruinous impact on our industry. My very first report on the supply chain – AKM Fire: 2020 was Almost Over, Then Disaster Struck Again – is the second most-read story I’ve ever written in my life. I had always assumed that the issue was so big that everyone was affected equally.

But then I discovered, almost by accident, that one company has a clever strategy to beat the shortages. That company is Savant, and their strategy is equal parts brilliant…and a bit insane.

See how Savant has mostly beaten the supply chain shortage that bedevils other brands…

[Read more…] about Smart Savant 3-Point Strategy to Beat Supply Chain Shortages and Fill Orders

Filed Under: Brands, Integrators, Management, Manufacturers, News, Strategy, supply chain Tagged With: chip shortage, J.C. Murphy, JC Murphy, Savant

Osaka District Court Approves Onkyo Bankruptcy Petition for Two Subsidiaries

April 20, 2022 by Ted 4 Comments

Onkyo Home Entertainment Co. Ltd. (Onkyo) has announced that its two consolidated subsidiaries – Onkyo Sound Co. Ltd. (ONS) and Onkyo Marketing Co. Ltd (OMC) – have filed for bankruptcy. The company said that it had petitioned the court to begin bankruptcy proceedings for these divisions and has received judicial approval to begin the bankruptcy process from the Osaka District Court in Osaka, Japan.

See more on the bankruptcy of these Onkyo subsidiaries

[Read more…] about Osaka District Court Approves Onkyo Bankruptcy Petition for Two Subsidiaries

Filed Under: Asian Connection, Financial, Management, Manufacturers, News, Strategy Tagged With: 11 Trading Company, bankruptcy, Klipsch, Onkyo, Premium Audio Company, Sharp, Voxx International

Snap One Says Selling to All 4 Buying Groups Shows Commitment to Integrators

April 14, 2022 by Ted Leave a Comment

Snap One website page

Snap One announced today that they are now selling to all four major custom integration buying groups (they called them “all four major CEDIA U.S. buying groups”) and that fact shows their commitment to their “integrator partners.” The company says it is now allied with Azione Unlimited, HTSA, HTSN, and ProSource “…as a key part of its long term strategy to help dealers succeed.”

Learn more about this strategy by Snap One

[Read more…] about Snap One Says Selling to All 4 Buying Groups Shows Commitment to Integrators

Filed Under: Brands, Integrators, Management, News, Sales, Strategy Tagged With: Azione Unlimited, HTSA, HTSN, ProSource, Snap One

As Companies Have Employees Return to Office, Is This the End of Remote Work?

April 6, 2022 by Ted Leave a Comment

Google hybrid workspace for return to office
An experimental hybrid workspace and meeting in progress at Google

What Will the Impact of This Trend Be on Custom Integration?

With COVID now seemingly in decline, on Monday Google employees (Googlers?) began the process of returning to work at the company’s various headquarter and other office locations around the country. The company is requiring they work at least three days a week in the office, continuing to work remotely for the other two.

Google is hardly alone in pulling employees back to the office, Apple employees return next week and most major companies have announced dates for office life to begin again. Will this kill remote work and have an impact on the custom integration business?

Read more on this new return to work period

[Read more…] about As Companies Have Employees Return to Office, Is This the End of Remote Work?

Filed Under: Brands, Consumer Trends, Integrators, Management, News, Strategy Tagged With: Apple, COVID, Google, hybrid workforce

AAMP Global Acquires AudioControl

March 31, 2022 by Ted Leave a Comment

AAMP Global, a leading global manufacturer of a wide array of technology products for the personal and commercial vehicle markets, announced today the strategic acquisition of AudioControl – the well-known specialty manufacturer of electronics products for the automotive, residential, and commercial audio channels. The terms of the transaction were not disclosed, but AAMP says that AudioControl’s Seattle, WA-based operations and team will continue to operate as an independent facility under the AAMP Global umbrella.

I spoke with top executives of both companies to learn more about what drew the parties together and just what is meant by a “strategic” acquisition.

See more on the AAMP acquisition of AudioControl

[Read more…] about AAMP Global Acquires AudioControl

Filed Under: Brands, Financial, Integrators, Management, Manufacturers, News, People, Strategy, Technology Tagged With: AAMP Global, acquisition, Alex Camara, AudioControl, Herb Brown

New CEDIA CEO Part 2: Keeping Focused and Making an Impact

March 30, 2022 by Ted 1 Comment

CEDIA CEO Daryl Friedman sharing a laugh

When Daryl Friedman was hired to become Global President and CEO of CEDIA, he was already aware of the fact that the organization was facing some heavy challenges and really needed someone ready to roll up their sleeves and get to work. It was a challenge he says he was both ready for and was uniquely qualified to address, based on his previous association experience. Then he went to work digging up more evidence of the challenges ahead.

In order to get a sense of Friedman’s thinking and process, I spoke with him via Zoom for nearly an hour. It was a wide-ranging discussion on many key issues for an association that I’ve had some issues with over the years. This article is Part 2 of that interview.

See Part 2 of my interview with the new CEDIA CEO

[Read more…] about New CEDIA CEO Part 2: Keeping Focused and Making an Impact

Filed Under: Associations, Management, People, Strategy Tagged With: CEDIA, Daryl Friedman

New CEDIA CEO; Ignoring Distractions & Getting Down to Business

March 23, 2022 by Ted 4 Comments

CEDIA Global President and CEO Daryl Friedman (L) looks positively terrified, doesn’t he? [Click to enlarge]

PART 1: Identifying Membership ‘Stress Points’

In a Zoom interview last week, I sought to take more of a measure of the man who now runs CEDIA, its new Global President and Chief Executive Officer Daryl Friedman. We first met, and I first told you about Friedman, back when his selection was first announced to the world just a little over 100 days ago. Friedman was in a series of round-robin press interviews and we only had a few minutes to interact. Now, 106 days later (at the time of this interview) he’s traveled the country, gotten his feet wet, and had much more depth of thoughts to share with Strata-gee readers.

See more on Friedman and his plans for CEDIA

[Read more…] about New CEDIA CEO; Ignoring Distractions & Getting Down to Business

Filed Under: Associations, Education, Integrators, Management, News, People, Strategy Tagged With: CEDIA, Daryl Friedman

Crestron Acquires 1 Beyond, Adding Intelligent Video to Improve Hybrid Meetings

March 23, 2022 by Ted 1 Comment

Crestron Electronics announced today that it is acquiring 1 Beyond, an innovative provider of intelligent video products that enable more effective meetings – especially meetings that blend in-office and remote participants, known as hybrid meetings. The company said that the 1 Beyond team will stay at their existing base in Boston, MA. The terms of the deal were not released.

See more on what the 1 Beyond acquisition means for Crestron

[Read more…] about Crestron Acquires 1 Beyond, Adding Intelligent Video to Improve Hybrid Meetings

Filed Under: Brands, Integrators, Manufacturers, News, Strategy, Technology Tagged With: 1 Beyond, acquisition, Crestron, Crestron Electronics, intelligent video

Tech’s Newest Power Couple: Sony and Honda

March 18, 2022 by Ted Leave a Comment

Sony and Honda CEOs announce joint venture

So Sony has just pulled a major donut – finally coming full circle. Sony Group’s CEO stood alongside Honda Motor’s CEO as the two companies announced that they were forming a joint venture with automotive manufacturing powerhouse Honda agreeing to partner with the sensor and mobile entertainment electronics king Sony to actually manufacture electric vehicles (EVs) – or what we’ve known up to this point as the Sony Vision-S vehicles. At last, our trip down the long and winding (and confusing) road has arrived at a final destination.

And with this announcement, we now have tech’s newest power couple…

See more on the Sony & Honda joint venture

[Read more…] about Tech’s Newest Power Couple: Sony and Honda

Filed Under: Asian Connection, Manufacturers, News, Products, Shows & Events, Strategy, Tech Trends, Technology Tagged With: autonomous, electric vehicle, Honda, Honda Motor, Sony

Russound & D-Tools Partner to Offer ‘A Giant Organizational Leap Forward’

March 17, 2022 by Ted Leave a Comment

russound and d-tools partner

Russound announced today that it is partnering with D-Tools, a leading software provider of system design tools, to offer a new productivity solution to its dealers. The company says this new program will turbocharger their dealers’ productivity.

See more on this Russound & D-Tools partnership

[Read more…] about Russound & D-Tools Partner to Offer ‘A Giant Organizational Leap Forward’

Filed Under: Brands, Integrators, Manufacturers, News, Strategy Tagged With: D-Tools, Russound

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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