Global Economy, Economic Environment, Recession, Money & Finance, Currency, GDP
In an era full of “unthinkable” events, the world is now confronted with what might become the largest change in the global economic order since the end of the Cold War. Stemming from a close and angry UK election, we all woke up last Friday morning to find that the world’s fifth-largest economy
New technology is often the answer many companies are looking for. It may improve the product and distinguish it from the competition. It may be quicker to market, more cost effective, or meet a demand from a particular segment. However, there may be unintended consequences of the new technology as well.
Corporate Affairs, Corporate Social Responsibility, Sustainability, Supply Chain Sustainability, Operations, Manufacturing, Manufacturing Footprint, Material Management, Procurement, Strategic Sourcing
Participating in the circular economy through material reuse and recycling saves companies money and minimizes environmental footprints. Read our interview with Andy Mangan of the US Business Council for Sustainable Development for a look at a pioneering pilot on resource efficiency and join us on July 12 for Andy’s webinar on the circular economy.
This week I presented to the leadership team at Baltimore Aircoil, a division of Amsted Industries, at their headquarters in Maryland; my presentation was also broadcast to senior executives in Asia and Europe. I was invited by their global VP of sales and marketing, who was featured in a MAPI interview earlier this year.
Risk aversion, high unemployment, growth slowdowns, recessions, and geopolitical crises in key global economies are just a few of the factors holding back global growth. Overall, tighter financial conditions are leading to stock market corrections and a loss of confidence.
The Department of Labor’s final rule on overtime regulations will influence how an estimated 4.2 million American workers are paid during the first year of implementation, which starts December 1, 2016.