How to attract younger employees to offset the industry’s rapidly aging workforce
Our team talks around the proverbial watercooler often about the challenges facing American manufacturing and distribution. One topic that keeps coming up — especially amid the turbulence of the Great Resignation — is how to attract younger employees to offset the industry’s rapidly aging workforce. We’ve noticed it when we do on-site visits. We’ve listened, with empathy, as customers express their growing concern that they’re losing...
Could the Rental business be an opportunity?
Equipment dealers work in a complex environment. The first topic which encouraged me to get involved with the industry relates to rental activities. The second was the dealer management’s ability to juggle the sales silos to produce a profit. As my industry experience grew it became easier to recognize the dealers that were above average. The above-average dealers were able to recognize problems before they become critical. Whether...
Six things every CEO needs to know about branding to better manage the human side of business
We live in an upside world where the old rules no longer apply. Many call it a VUCA world – volatile, uncertain, complex, and ambiguous. Mass consumerism has been replaced by a new consumption paradigm as people are driven by new essentialism where things matter less and relationships, experiences and self-being dominate all. In this new world, workers are restless, customers fickle, investors skittish, and the public has an appetite...
Friendly reminder for Memorial Day: One veteran’s opinion for Memorial Day
On Memorial Day, 1945, the war in Europe had ended but the fighting in the Pacific continued, Lt. Gen. Lucian Truscott voiced remarks at the Sicily-Rome American Cemetery at Nettuno, Italy. Turning his back on the assembled VIP’s he faced the rows upon rows of headstones and apologized to the 20,000 fallen Americans who had been laid to rest far from home. He was quoted as saying, “All over the world our soldiers sleep beneath the...
What the wave of retiring machinists means to plant safety
Within the next decade, approximately 2.7 million “Baby Boomers” (b. 1946-1964) will retire, thereby ensuring that tens of thousands of skilled, well-paid positions will become available without a ready supply of American workers to fill them. Statistics paint an especially gloomy picture for the manufacturing sector, a widening of the skills gap, and a possible dilution of existing training programs. Compared to the rest of the...
Hope – Jobs – Change
What are the major roadblocks to changing the ways the United States develops its workforce? We recently sought some answers from other workforce development leaders who also seek major improvements in our education-to-employment systems. There is general agreement that there are new education and training programs that improve adult and student learning, but there are significant obstacles to effectively and comprehensively...
Plant Facilities reach 148 new Industrial Manufacturing Projects in April 2022
Industrial SalesLeads, IMI just announced the April 2022 results for the newly planned capital project spending report for the Industrial Manufacturing industry. IMI tracks North American planned industrial capital project activity; including facility expansions, new plant construction, and significant equipment modernization projects. Research confirms 148 new projects in the Industrial Manufacturing sector. The following are...
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