Many companies and thousands of researchers are working on vaccines for COVID-19. Never before in the history of medical science have so many different teams, many from competing companies, come together to work for a common cause. And academics from the University of Chicago Booth School have... Continue Reading
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Since March, when most countries started to go into lockdown because of the COVID-19 pandemic, life for many organizations has been turned upside down. Despite the current easing of restrictions in some areas, it looks unfortunately likely that COVID-19 will pose a threat for the rest of 2020,... Continue Reading
Large portion of the industry looks to 2021 as the time normalcy will return to steel mills. Conditions in the steel sector are decidedly mixed, with demand surprisingly strong in some end-use markets and some regions of the country, yet disastrously weak in others. Overshadowing all is the... Continue Reading
2020 will go down in history. Not only because of the global pandemic, but due to the lasting impact it will have on the business community at large. Leaders are being asked—no, forced —to retool their businesses to be successful in what many believe to be our “new... Continue Reading
As the vast majority of companies rush to reopen, they’re falling into the trap of “getting back to normal.” They’re not realizing we’re heading into a period of restriction once again, due to many states reopening too soon. To survive and thrive in this new abnormal,... Continue Reading
Production at America’s factories, utilities, and mines surged last month, but remained well below pre-pandemic levels. The Federal Reserve said Wednesday that U.S. industrial production rose 5.4% in June, the second straight monthly gain after a 1.4% uptick in May. But it was still 10.9%... Continue Reading
Restarting the global automotive engine. Significant challenges lie ahead for companies trying to rev up the global automotive engine. It’s the question every backyard mechanic asks themselves just before they turn the key after rebuilding the engine on their favorite old car—will it... Continue Reading
While companies scramble to change processes practically overnight, they are forced to respond with creativity and flexibility, improving communication with customers and employees along the way. Since the Coronavirus outbreak began in the U.S., manufacturers have turned to their cleaning OEMs,... Continue Reading
Leaders can make a difference through personal accountability, caring, and “re-onboarding” of all their people. Leadership matters most—and is hardest to do well—when people face objective threats, when old ways of working are no longer possible, and when confusion and... Continue Reading
Since the start of the global Covid-19 pandemic, it’s likely you’ve had to convert your existing team to a remote one involuntarily, or you’ve had to hire a totally new remote team. Naturally, this brings challenges. I’ve outlined the common ones I’ve come across with... Continue Reading
2020 has been quite the year for in-person meetings, with almost all being cancelled nationwide since April. Every association has had to adjust, innovate, and create an alternative learning and networking experience for their industry. The Metal Treating Institute’s marquee event, Furnaces... Continue Reading
While the outlook for the logistics industry is brighter than for other sectors of the domestic economy, much still remains unknown, according to that report. This year’s annual “State of Logistics Report,” released today by the Council of Supply Chain Management... Continue Reading