If you are one of 190 million U.S. adults studied by an obscure company in Little Rock, Arkansas called Acxiom, they have the digital equivalent of what used to be known in spy circles as a dossier on you. In the bad old days of the Soviet Union, secret police maintained files on millions of ordinary citizens, consisting of allegations (many by friends and neighbors) of suspicious or subversive activities.
It’s been awhile since I’ve had the time to sit down with friends and family to play an old-fashioned game of Monopoly. I generally trust them not to pocket cash from the bank, bheft in the manufacturing sector, where trusted employees are stealing from companies they’ve been with for a number of years. Quite a bit more damaging than a few lost plastic houses, fraud in manufacturing companies seems to be becoming more and more common.
A friend and colleague asked me a difficult question: “What do you think the future of Six Sigma and Design for Six Sigma will be? Will it continue, or is it a dying idea?” While trying to answer him, I was forced to consider the successes and the challenges of various business improvement and process improvement programs in a way that forced me to think not only about where they are, but what I thought they should be. It was a good exercise.
Livestock operations and animal rights organizations naturally hold opposing views, so when the speaker mentioned the necessity for animal producers to work with animal rights organizations, I could feel the tension in the room. But for the meat and poultry industries to continue to succeed, an effort to improve relations with animal rights groups is needed. Steps to engage the HSUS in more dialogue already have been taken by some industry groups.
Every supply chain professional knows it’s a dangerous world out there, full of highly volatile and unpredictable elements that can grind production to a halt, all in the time it takes for a crack of thunder to rumble across the skies. However, it might surprise you that risk management is not just a defensive way of reducing the negative impact of unexpected or unwelcome events - it’s also a way to proactively boost business.
There is lot of buzz about the importance of education and secondary education in our nation these days. It can’t be denied that the majority of education promotes better paying jobs and career opportunities for students. As college is becoming more and more common, many people are second-guessing the value of an education beyond high school. There has been an emergence of a new type of education: Technical Education High Schools (TEHS).
With the announcement that China GDP has slowed sharply in the first three months of the year, the unbridled demand for labor will also cool off, as its previous strategy of pushing hard on the gas pedal to grow GDP at any cost won’t work any longer. China is now driving with two feet. One foot is tapping the brakes (by curtailing construction) and one foot is gently pressing the gas pedal (through the loosening of credit by banks).
Marketing is a powerful tool. Many consumers know not to believe everything they read, hear or see. Yet, especially when it comes to medicines and foods, consumers want to trust that they are being protected. Few people run home to research the benefits of pomegranate juice before they pick up a bottle of POM. The benefits are listed right on the bottle, and hasn’t someone checked to make sure that these claims are true?
By now, I am sure that most of you have been exposed to the Open Innovation (OI) movement. Somewhere in your company, some poor minion has been told to see what all the fuss is about. If you are in a big organization, someone will have been ordered to gather a committee, do homework and, explain to management how OI can be implemented, thereby increasing profits to shareholders, reducing bottlenecks and reducing payroll.
Prototyping was expensive and the engineer in Crump was looking for a better (and cheaper) way.
If there are so many job opportunities in manufacturing (a report from NAM forsees increasing labor shortages ahead), why don’t we just announce the opportunity to parents, community colleges, universities, high schools, and grade schools? Then get industry and the government to support a massive education and training initiative – much like putting a man on the moon.
Considering the difference between the cost impact of idle time vs. overtime, making the wrong decision to overstaff or underutilizing employees can be very expensive.
Even though Intel employs 9,700 in its Arizona semiconductor facilities, the condition of K-12 education there makes me believe it would be foolish to invest another dime there.
America's approach to clean energy needs to be reformed if it is to affect energy security or the environment, according to Stanford writers.
A new kind of business mobility has emerged in today's high-tech business environment, and it's more complex, it's more fluid, and it has yet to be totally defined.
Key components of most modern electronics and green energy technologies, as well as defense systems, are made from a small number of elements and critical metals called rare earths. Indeed, rare earth elements are the basis for much of modern technology due to a range of relatively unique properties. From lighting to lasers, magnets to X-ray units, glass tints to electronics, these “rare” minerals are ubiquitous in modern technology.
While I’m not one to challenge mom or pop, I do agree that reinvestment is the key to success in this industry.
While there’s a general public perception that the manufacturing sector is struggling, most people within the industry know that it’s simply not true. Manufacturing is clearly growing at a solid pace led by pent-up demand for consumer durables, such as motor vehicles, business equipment and medical devices and, as a result, manufacturers are hiring. In fact, the sector is enjoying employment growth.
IBM has recently outlawed the use of Siri in their facilities. When I heard this news it immediately struck me as odd and as a sign of our time. Who would have thought a decade ago, even three years ago, that a network would be banning a specific app or software from functioning within a facility? The oddity is that this ultimate access to information is always pinned under some overlord style of control.
To truly capitalize on the online opportunity — and generate more leads — manufacturers need to create a website that meets buyer expectations.