Attracting and retaining talent in manufacturing is an ongoing concern. A variety of factors are conspiring. Baby boomers are retiring, market demand is strong, manufacturing work is not on the radar of the younger generation, and many workers just don’t have the skills which...
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Working With Family
08
Oct2018
Categories :Business, Latest News
Ever dreamed about running a family business? Maybe you already do. Running a business together as a family can be a study in extremes. This article in the Columbia (Missouri) Business Times paints a glowing picture, profiling three happy family businesses. One mom reflects...
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Categories :Latest News
While Hurricane Florence didn’t quite fulfill the extremely dire predictions on the news, it was still a huge disaster by any measure. According to the Wall Street Journal, Moody’s estimates the damages from Florence to be $50 billion including damage to property, vehicle losses,...
Read MoreMillennial Economic Trends
01
Oct2018
Categories :Business, Latest News
Today’s economy seems to be full of contradictions. The GDP and stock market soar while wages stay stagnant. Unemployment drops while wages stay stagnant. Millennials represent 33% of the population, and they’re on track to be the most educated generation to date, according to...
Read MoreFinding Opportunity in Competition
07
Sep2018
Categories :Business, Latest News
Do you ever feel like you’re the puny upstart, facing off against an 800-pound gorilla in the business world? Well, size doesn’t confer immunity from obstacles. Just like tales of David and Goliath, sometimes the little guy can get the drop on the big...
Read MoreEmployee Volunteerism
05
Sep2018
Categories :Business, Latest News
Employee engagement is a big buzzword right now. We all know that engagement is essential to a thriving workplace and high-performing employees. Briefly, here’s a definition from Forbes.com: Employee engagement is the emotional commitment the employee has to the organization and its goals. ...
Read MoreImmigrant Impact on US Business
04
Sep2018
Categories :Business, Latest News
Immigration is in the news, and I expect it’s not going away. During the 2016 presidential campaign we heard a lot about a wall, and about the dangers and problems associated with immigration. However, the flip side is this: the US economy depends on...
Read MoreInflation Impacts Workers
27
Aug2018
Categories :Latest News
Have you heard the news media reporting on a conundrum when talking about the economy? Here are some headlines: Workers see their paychecks get smaller as inflation continues to rise (CNBC) Why Real Wages Still Aren’t Rising (New York Times Opinion Section) Wages aren’t...
Read MoreThe Power of Analytics
02
Aug2018
Categories :Latest News
Yes, data overload is a thing. And yes, we need to overcome it, make friends with data, and parse out the most useful information data reveals, because it’s key to the competitive edge. An article published by McKinsey and Company, a global management firm,...
Read MoreData Overload: Distilling Data For The Win
31
Jul2018
Categories :Latest News
After all the advances in computing power in the last few decades, we’re in the era of big data, and we’re not going back. We’ve talked about big data before. Here’s how Wikipedia defines it: Big data is data sets that are so big...
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