Sometimes, a company stops growing when its leader’s gifts are no longer enough to effectively manage the business. It’s no surprise then that one of the biggest impediments to a healthy business is poor organizational health, which stems from poor leadership. When a culture of blame and excuses permeates a company, it can paralyze it.
Apple’s campus-in-progress will feature an orchard for engineers to wander through, while Facebook is wrapping up work on campus that features a B-B-Q shack, a sushi house and a bike shop. And it's all just too good to be true, because those benefits are anything but.
Further news from Florida sealed the state’s fate on my list of states to which I will never travel again, when a regional geologist said that February is the unofficial beginning of “sinkhole season,” which kicks off the state’s rainy season and typically lasts until the end of summer.
Big data is not just for predicting election outcomes and mapping genomes. General Electric (GE) is betting on the so-called Industrial Internet — a term they coined — to help manufacturers boost performance, streamline processes and better compete in the global marketplace.
Most economists agree that the “Great Recession” of 2008 ended sometime around August 2009, and while the economy has been slowly recovering, unemployment still appears to be a stubborn problem. The headline rate is just a shade under 8 percent, but another measure, U6, stands at an incredible 14.4 percent.
We kicked off the facility visit with a trip to the “cupping room” for a coffee tasting with one of Carson Valley’s experts, a studied and energetic woman whose passion for coffee was infectious. I found myself wishing I knew more about the roasting and brewing process as we swished and spit uber-fresh coffee into spittoons.
The bleeding was stopped nearly three years ago, as manufacturing jobs have been slowly increasing since then. In fact, over 14,000 manufacturing jobs were added in February alone and a total of around 500,000 have been generated since 2010.
By injecting the aforementioned inebriated mice with nanocapsules full of enzymes that are instrumental in alcohol metabolism, researchers have not only sobered the little vermin, but created a unique drug delivery technology that could disrupt the medical industry.
As we broach the crest of technology that operates upon the barrier between autonomous and thinking, it is easy to see the inevitability of crossing over. Immersing ourselves in a world not far off from Futurama, where robots have personalities and rights (sort of).
This isn’t a jab at Boeing, rather, it’s an exploration of a flawed (or somewhat flawed) design process. All things considered, there is a lot to weigh in any design. We’d all like to imagine a world with unlimited budgets and no time constraints, but in reality, compromises in design are made with every concept.
Google Glass proposes to, essentially, put a computer on your face with a sleek pair of glasses that gives you access to everything from the current time or temperature to Google Chat. This is all well and good for those of us who aren’t easily distracted by shiny objects or images flickering in our direct (or indirect) line of sight.
Launching is not equal to success. One out of every ten products is successful, and even, that success is defined quite narrowly. How can a company increase its odds of not only launching a product that makes money but also ramping a product that grows rapidly in revenue and profitability?
Most manufacturing executives wrestle daily with important issues like industry consolidation, global competition and eco-manufacturing trends. Another issue that many of them should be considering, but don’t, is: How ready is my digital ecosystem for an increasingly mobile, touch-based world?
At the heart of the “we don’t need more STEM immigration” argument is the wage argument. According to this view, American students are not enrolling in STEM because of wages are not high enough. But this ignores that STEM wages are the third highest of any occupational group, after law and medicine.
Pop culture references manufacturing as the factories of the 1800s or modern day overseas sweatshops — full of mind-numbing, remedial tasks in dark and dingy factories. Today’s manufacturing environments tell a much different story: clean and safe environments with employees managing advanced machinery that drives innovation and productivity.
Maybe if you were the first to plant a boot print in the dusty red sand, you would have some sort of historical notoriety, but if you’re going to be second or third on the surface, please note how history books are not particularly known for remembering the rest of the posse.
So, if MAPI is right and manufacturing has a quiet year, I'd suggest you think about "pulling a Baldor." Examine everything within reach and think about how you can do it better. Some of the initiatives at Baldor based around safety, quality, production flow, and machinery investments resulted in big gains.
Anyone who watched the Super Bowl last year likely caught a glimpse of Clint Eastwood proclaiming that it was “halftime in America.” The country had been knocked down: The housing bubble had burst and top U.S. automakers – employing thousands of American workers – had sought a government bailout.
Donating companies not only fulfill philanthropy and corporate social responsibility efforts, they also benefit from the enhanced tax deduction, which enables companies to receive an up to twice-cost federal tax deductions. Gifts-in-kind organizations typically provide free services to donating corporations, and shipments can range from one box to dozens of truckloads.
When it comes to major, public-facing manufacturers, there are few companies more interesting to follow than General Motors. And while I’m not the one to forecast whether the company will or won’t make a full comeback after its troubles in the Great Recession, I can say it’s been an interesting ride either way.