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Offering good benefits, extra perks and competitive compensation may seem expensive. You know what is more expensive? Hiring. Training. Turnover. Each time you lose an experienced employee, each time you go through the time-consuming and costly hiring and training process, you’re running up some...

“Should you worry about intellectual property cybertheft?” was the question posed here on December 19, 2016. The answer is “yes.” Cybertheft isn’t the only problem. Cyber attacks are also on the rise, largely enabled by the escalating dominance of the Internet of Things, the...

One of the biggest challenges cited by management is recruiting top sales reps. Great sales are essential to a company’s success, so it’s crucial to ace this part of the game. The Pareto principle–also known as the 80/20 rule–is typically reflected by revenue numbers:...

Today’s dynamic, rapidly changing work environment means that multiple generations are intersecting in the workforce more than ever. As people retire later in life, four generations are working together, and each has its signature style and expectations. While their diverse outlooks are a valuable...

Our fabrication services support a huge variety of companies. Our customers are in just about every industry, from automotive, scrap metal and agricultural equipment to staging equipment and consumer goods. They’ve all got at least two things in common, though: they rely in Laser...

As the new year gets underway, savvy businesses take stock of themselves. Risk assessment–the process of determining the likelihood of a specific negative event occurring–is an essential process which managers and executives need to stay on top of. Which “negative events” are we talking...

The polls reflected it; many people are hungry for change. What the election means to globalism remains unclear, but we’d be naïve to think that change isn’t rapidly occurring anyway. In a world where there’s a fight for nationalism, while concurrently being more reliant...

The race to larger profits often leads to corruption. Thomasnet.com recently released the video clip Did China Steal Wave Technology?  The narrator tells the story of Pelamis Wave Power, an up-and-coming renewable energy manufacturer, having five laptops stolen after a visit from Chinese investors....

Dual sourcing has been known and practiced for decades. In most cases, it was a logical way to secure undisrupted production. Big business used a second supplier, or multiple suppliers, to lower the risk of supply chain problems. In the 1980s and 1990s, large...

Hackathons continue to pick up steam. The Oxford online dictionary describes a hackathon as, “An event, typically lasting several days, in which a large number of people meet to engage in collaborative computer programming.” Sounds prim and proper, but as any hackathon attendee can...