Day: March 10, 2014

Mixed Reactions from the Manufacturing Industry on President’s Budget Proposal

Judging from initial reactions from top trade groups, manufacturers are of two minds concerning the President’s proposed budget. The National Association of Manufacturers (NAM) scorns the tax increases saying it blocks growth, but likes some of the other provisions. The Alliance for American Manufacturing (AAM), on the other hand, sees the prospect for wider tax reform and some benefits to manufacturers in proposals for infrastructure spending.

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Tesla “Gigafactory” Could Spur Innovation Across Industries

Landing the Tesla “gigafactory” will be an economic-development bonanza for one of the four states in the running. But beyond the borders of Texas, New Mexico, Arizona or Nevada, the complex also could provide a huge innovation boost for the stubborn problem of increasing battery life in electric cars and unleash spinoff advancements in other electricity-related industries.

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Will Real Tech Innovation Emerge from Lightweight Materials Institute?

The University of Michigan and Ohio State University are bitter rivals on the football field and lots of other arenas. But as the lead institutions in the Defense Department’s new American Lightweight Materials Innovation Institute, they’ll have to get along in a new federally funded effort to advance the manufacturing and use of lightweight, high-performing metals and alloys.

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5 Trends Shaping the Future of Manufacturing

Emerging enterprises and CEOs thinking of starting new manufacturing or product design businesses have a number of tools including social media and digital marketing that allow them to take an idea and bring it to market faster, cheaper and with an intimate customer connection. Here are five trends that can provide a tailwind to help.

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5 Rules for Automating Your Warehouse

Warehouse management is one of the last frontiers of productivity improvement for most manufacturers and distributors. Writing in both Manufacturing Business Technology and Food Manufacturing, Dan Labell, president and owner of Westfalia Technologies., a provider of logistics solutions for plants, warehouses and distribution centers, offers five simple principles for evaluating and automating one’s warehouse management system.

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GE CEO Jeff Immelt on the Future of GE and of American Manufacturing

Not long ago, materials were cheap and labor was expensive. Today, the reverse is true, which is why it makes sense to re-shore production in many sectors. But more importantly, the product is increasingly part of the process, driving more companies to embed their know-how and innovativeness with the product itself, says GE CEO Jeff Immelt. That and the prospect of cheaper energy due to the fracking revolution will boost manufacturing in America.

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What Is “CEO Material?”

According to a recent Dallas Morning News story, a vast majority of Americans believe engineers are among the least likely professionals to succeed at the top of the corporate ladder. This, despite the fact that a third of all S&P 500 company CEOs had majored in engineering as undergraduates, according to a Spencer Stuart study. There is a reason why engineers make good CEOs…but don’t tell the folks in finance or sales.

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4 Rules on How to Elevate Performance

Sixty years ago, Japan lay in a burned out heap of debris. America sent statistician and management consultant Dr. W. Edwards Deming to help – and indeed he did. What can American leaders, particularly those in manufacturing, learn from this historical improvement in culture to improve themselves?

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Expect More Mid-Market Divestitures in 2014

Business owners are more interested in selling part of their companies rather than the entire enterprise. They’re also more inclined to divest significant assets to make investments rather than take on debt, and that 2014 and 2015 will be a buyers’ market. CEOs keen on opportunistic acquisitions may benefit.

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upcoming events

Roundtable

Strategic Planning Workshop

1:00 - 5:00 pm

Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process

Executives expressed frustration with their current strategic planning process. Issues include:

  1. Lack of systematic approach (70%)
  2. Laundry lists without prioritization (68%)
  3. Decisions based on personalities rather than facts and information (65%)

 

Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns.  They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning.  Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process.  This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented.  If you are ready for a Strategic Planning tune-up, select this workshop in your registration form.  The additional fee of $695 will be added to your total.

To sign up, select this option in your registration form. Additional fee of $695 will be added to your total.

New York, NY: ​​​Chief Executive's Corporate Citizenship Awards 2017

Women in Leadership Seminar and Peer Discussion

2:00 - 5:00 pm

Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations. 

Limited space available.

To sign up, select this option in your registration form. Additional fee of $495 will be added to your total.

Golf Outing

10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS

General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.

The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.

To sign up, select this option in your registration form. Additional fee of $295 will be added to your total.