Avoiding Logistics FUD with Steve Elwell

Aug 16, 2024

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Steve Elwell and Joe Lynch discuss avoiding logistics FUD. Steve is the Founder and Managing Director of iDev Partners, a boutique leadership, business strategy and turnaround consulting firm.

Summary: Avoiding Logistics FUD

In this episode, Joe Lynch and guest Steve Elwell tackle the pervasive issue of Fear, Uncertainty, and Doubt (FUD) and its impact on various aspects of business, particularly in logistics. Joe and Steve provide valuable insights into overcoming FUD by establishing trust and eliminating disruptive elements within business relationships, and leadership. The conversations delve into strategies for fostering growth, efficiency, and effective sales processes by promoting consistent, reliable behavior and building trustworthy partnerships. They discuss the negative consequences of transactional relationships and emphasize the rewards of creating harmonious environments in team settings, especially against the backdrop of current industrial challenges and transformative periods. With a focus on personal conduct, team bonding, and maintaining customer relationships, this episode serves as a crucial guide for anyone looking to navigate the complexities of fear, uncertainty, and doubt in the professional landscape.

#OvercomingFUD

#LogisticsLeadership

#BuildingTrustInBusiness

About Steve Elwell

Steve is the Founder and since 2010 Managing Director of iDev Partners a boutique leadership, business strategy and turnaround consulting firm located in Farmington Hills, MI. In this role he has helps leaders and organizations realize their potential and mission. Steve has lead multiple technology, manufacturing, and start-up businesses as CEO, COO, and President. His consulting clients include large publicly traded corporations and family businesses in industries from logistics to aerospace. Prior to strategy and turnaround, Steve ran an IT, and automation businesses and owned a retained executive search firm. He earned an MBA from Wayne State University in Detroit, and a BA in Economics and Management from Albion College, in Albion, MI. Steve, his wife Kris, and their two children live in Farmington Hill, MI.

About iDev

iDev serves leaders and businesses in their transition from good to great. We develop clarity and translate that clarity into action and durable sustainable gains. Our approach brings together vision, talent, technology, around realistic solutions, and deliberate high-energy execution. iDev has been successful in diverse situations including turnaround and transformation, crisis management, and strategic growth. iDev leaders have prior consulting experience as well as tenure as C-suite function heads and CEOs.

Key Takeaways: Avoiding Logistics FUD

Understanding the impact of fear, uncertainty, and doubt (FUD) in logistics and business.
Strategies for enhancing business growth, efficiency, and performance by overcoming FUD.
The importance of trust, rapport, and leadership in personal relationships.
Adapting to industry shifts and challenges by fostering agility and strong partnerships.
The risks of transactional relationships and the benefits of transparent, mutually beneficial collaborations.
How to counteract the negative effects of FUD by cultivating harmony and effective team dynamics.

Timestamps

(00:00:02) Avoiding Logistics FUD

(00:00:13) Reflecting on FUD in Relationships

(00:02:08) Optimizing Business Performance

(00:02:57) Impact of Fear and Uncertainty

(00:07:52) Navigating Post-COVID Logistics Challenges

(00:09:58) Combatting FUD in Sales

(00:12:34) The Impact of Sales Conduct

(00:18:14) Managing FUD in Business Relationships

(00:22:44) Navigating Business Relationships

(00:29:22) Transactional Pitfalls in Shipping

(00:30:24) Fostering Harmony Over FUD