The U.S. GDP decreased 0.9% in the second quarter 2022 after falling 1.6% in the first quarter, according to the Bureau of Economic Analysis “advance estimate” released on July 28. While this is a volatile time for our economy, it is also a time of opportunity for small and medium sized manufacturing businesses. HowContinue reading “Challenges Facing Manufacturing Executives”
Category Archives: Leadership
Four keys in making Process Improvement part of your organization’s DNA
As companies face the uncertainty of inflation and a looming recession, what would it mean if your company can annually reduce its operating costs 3 to 5%? A focused process and performance improvement initiative will deliver that level of savings and change your culture to reach higher levels of profitability for years to come. AContinue reading “Four keys in making Process Improvement part of your organization’s DNA”
Culture as a Business Advantage
Last week, I attended the Missouri Association of Manufacturers Trade Show and Conference in Springfield MO. There were about 80 exhibitor booths of both solution providers and companies sharing their best practices. The displays were augmented by 5 conference sessions and another 2 breakouts sessions on topics of key importance to the local manufacturing industry. Continue reading “Culture as a Business Advantage”
The 5 Dysfunctions of a Team Video Blog Series
I invite you to spend a few moments reviewing my video blog series recapping Patrick Lencioni’s The 5 Dysfunctions of a Team: A Leadership Fable. I discuss each dysfunction with examples from sports teams and from the business world. Please reach out to me directly with any feedback that you have or leave comments here.