What takes a long time to build and a short time to destroy? Trust. One of the greatest attributes a leader can acquire is the ability to build trust. Even though competency is part of the trust formula, trust isn’t gained by being the hardest worker, having the most seniority or being the... Continue Reading
Enhanced perception and thinking about risk in new ways can help leaders navigate tumultuous times. “We weren’t expecting that!” “It happened so fast.” “We never thought it would be this bad.” These are the kinds of comments one hears more and more... Continue Reading
WASHINGTON, Oct 4 (Reuters) - New orders for U.S.-made goods accelerated in August, pointing to sustained strength in manufacturing even as economic growth appeared to have slowed in the third quarter because of shortages of raw materials and labor. The Commerce Department said on Monday that... Continue Reading
To what degree are team members treated with respect in your work culture? How often are they validated for their ideas, efforts, and contributions each day? Far too many work cultures -- and leaders -- dismiss, discount, and demean team members’ ideas, efforts, contributions, and concerns.... Continue Reading
Companies of all types have been affected by pandemic-related supply chain disruptions, but many of the operational challenges they’ve faced over the past 18 months were magnified by the pandemic, not caused by it. Those problems reflect a longstanding and fundamental shortcoming in how... Continue Reading
Smart manufacturing can offer manufacturers a great return on investment (ROI), but that can only happen if they focus on the business benefits. Today’s manufacturers face many challenges and are having to adopt new ways of doing business to stay competitive. Smart people and smart... Continue Reading
Dive Brief: Manufacturers during the next 12 months plan to increase wages and full-time employment by 3.5% and 3.8%, respectively — record rates in quarterly surveys dating to 1997, according to the National Association of Manufacturers. They expect to push up capital spending by 3.6%,... Continue Reading
The economics are compelling, but technological challenges abound that are unique to this market. The trucking industry is betting heavily on increasing levels of autonomy and electrification to reduce the cost of moving goods and to overcome persistent problems. The economics of autonomous... Continue Reading
But new orders placed in July marked a 5.6% decrease from the previous month of June, according to the most recent U.S. Manufacturing Technology Orders report. U.S. manufacturing technology orders totaled $472.6 million in July, a 41.5% increase from the same month a year ago, according to the... Continue Reading
Identifying risks, understanding regulations, and installing and maintaining equipment keep metal fabrication shop floors safe from dangerous fumes and particulates. The COVID-19 pandemic continues to bring greater awareness of the air we breathe throughout the world. Manufacturing facilities,... Continue Reading
Most executives cite ransomware as their biggest security concern but few have run simulated attacks to prepare, says Deloitte. A successful ransomware attack can overwhelm an organization as we've seen many times, especially over the past several months. But while most organizations acknowledge... Continue Reading
Millions of businesses are meaningless, and they are dying as insects because leaders are not thinking about making their businesses meaningful. The difference between meaningless and meaningful, and valuable for you and others, is vision. If you have no vision for your business, then you have no... Continue Reading
