When it comes to strategy and corporate development, one size doesn’t fit all. Despite the two functions’ natural synergies, only slightly more than half of the industrial manufacturing companies MAPI surveyed integrate them into a single organization.
Didn’t you get the memo? Customers don’t really want to talk to your salespeople. It’s nothing against them, really. The world has changed. Today, your buyers have made around 60% of their purchase decision before bothering to contact you.
Drip, drip, drip . . . Just as the annoying sound of water dripping from your faucet gets you to call the plumber, consider this your call to action to think about water sustainability in manufacturing. This past Sunday was World Water Day and this year the theme was sustainable development.
Changing employees’ ways of thinking, behaving, and working seems like a simple concept but for executives, it’s a battlefield. And most of their best intentions and efforts fail to make it off the beach.
As I noted earlier this year, Nigeria is a country to watch in terms of anti-corruption enforcement. While manufacturers should ensure that their compliance programs are top notch across all regions, Nigeria poses particular risks.
Developing the workforce for today’s business needs has proven to be a cumbersome challenge for U.S. manufacturers amidst a globally aging population and a culture that has discouraged students from pursing manufacturing careers.
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