Platinum Tooling president celebrates Four Generations and 100 Years in metal cutting
In a world where machine shops are struggling to stay open and maintain their business and in a day when “going into dad’s business” is not what it once was, Platinum Tooling is an exception to the rule. Located in Prospect Heights, Illinois, the company is set to reach an important milestone. In 2022, company president Preben Hansen and his family will celebrate 100 years working in metal cutting and four generations of Hansen men in...
Getting your team to think and act more strategically
Organizational leaders often talk about strategy, but when it comes down to it, strategic thinking is rarely done. Leaders are often pulled back into tactical thinking due to a variety of factors, from putting out fires to having undue pressure to execute. These pulls create a culture of reaction. There’s no time to actually develop a strategy. It’s too long, complicated, and the outcome is unclear. Why spend time on...
Will the Real Decision-Maker please stand up
The prospect tells you, “I only need one more approval and the order is yours.” For joy, for joy the order is mine! Eh, eh, eh don’t celebrate too soon. The one last person needed to approve is the real decision-maker. The boss. The guy you were supposed to be talking to in the first place. The one person who can say “no,” and there’s no possibility of reversing it. Rut-ro. Throw some water on yourself, pal. This sale hangs by a...
Transitory my _ _ _!
Well, let’s start by saying that cryptocurrencies are here to stay and somewhere, somehow your company will be called upon to complete a transaction using crypto. Never thought it would happen this fast but with the continued inflation talk one way to protect your buying power is to use a product that holds its value no matter how much the value of the dollar decreases. What led me to this conclusion? Basically, the investment...
163 new Industrial Manufacturing Planned Industrial Project Reports – October 2021 Recap
SalesLeads has announced the October 2021 results for the newly planned capital project spending report for the Industrial Manufacturing industry. The Firm tracks North American planned industrial capital project activity; including facility expansions, new plant construction, and significant equipment modernization projects. Research confirms 163 new projects in the Industrial Manufacturing sector. The following are selected...
Operating from a vacant lot
As we bring 2021 to a close, we are just beginning to ascertain the new realities of a changing workforce and economy. A pandemic we all believed would be firmly in the rear-view mirror by the summer of 2021 has continued to infect not only our populace, but also our workforce, our corporate policies, and our economic outlook for the foreseeable future. Although some would argue with me, this author believes that the ongoing...
Ransomware Readiness and Recovery –Eight Do’s and Don’ts
There were seven people seated around the table: The CEO, the VP, the CFO, the Special Agent from the FBI, the owner, the forensics technician, and the company’s CISO (Chief Information Security Officer). “Don’t pay” was the CEO’s vote. Same for the VP. “Pay it” was the owner’s response. The CFO nodded in agreement. “Paying could be a violation of Federal law” stated the FBI representative. The CISO had a hard time getting words out,...
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