Day: June 5, 2014

There is a lot of talk these days about the benefits of moving back to onshoring and nearshoring. But that doesn’t mean offshoring should be abandoned altogether. Many CEOs continue to benefit from moving production of goods sold in America to Asia or another low-cost region.

The auto industry has always provided a trickle-down effect of business to several layers of suppliers. And now that domestic car production is resurging, U.S. suppliers are feeling more confident about moving forward with their own expansion plans.

CEOs have a lot to gain by staying on top of the still-forming domestic-energy boom in the United States and the huge economic benefits that will result from it.

In May, the Veteran’s Health Administration’s former CEO, retired American Four Star General Eric Shinseki, began hitting a bit of a rough patch in his once highly decorated career. With an employee culture in free-fall, patients dying because the production system couldn’t meet customer demand and employees lying and hiding results about key performance indicators, you’d think Shinseki, a 1965 West Point graduate with 50 years of leadership experience, would have learned something about failure and the need for continuous improvement.