Corporate Affairs, Corporate Social Responsibility, Leadership, Human Resources, Employee Relations, Employee Engagement, Risk & Compliance, Ethics & Compliance
MAPI’s research has found that the problem lies in how companies implement their diversity and inclusion strategies. Many businesses make the mistake of tackling D&I across too many fronts too quickly. This leaves many manufacturers stuck in a programmatic mode in which efforts are led by human resources but no cohesive strategy exists and programs are deployed ad hoc. As a result, diversity and inclusion are often seen as just another HR initiative and too few leaders and employees understand the link to business results.
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.
Relatively strong post-recession employment growth is not a statistical anomaly, though only a small portion of the gain is coming from internet and telecommunications jobs. GDP is underestimated, but it is consistently biased, and the gig and free economies are too small to explain the productivity gap. Rather than blaming statistics, analytical effort is better spent determining the root causes for slow productivity growth.
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.