It’s not uncommon for business owners to lose sleep at night, especially those who run manufacturing companies. They’re juggling a hundred balls at once, and the omnipresent fear that they’ll inadvertently drop one can result in a lot of late-night anxiety. Some business owners push business development to the back burner while they address everything […]
Cyber Security is More Critical Than Ever – Make Sure You’re Prepared
If you watched “60 Minutes” on Easter Sunday, you know that the U.S. government has issued an urgent warning about a dangerous new malware that could cripple industrial systems worldwide. This warning follows a recent cyberattack by Russian hackers who attempted to knock out power to two million people in Ukraine. The Biden administration is […]
Workforce Challenges Aren’t Just an HR Issue Anymore.
In this year’s first quarter Manufacturer’s Outlook Survey, the National Association for Manufacturers (NAM) reported that manufacturing companies are still struggling with workforce shortages. “Companies cite difficulties in finding sufficient workers to meet their capacity needs, despite wage growth for production and nonsupervisory workers in manufacturing that has been at a 40-year high. At the […]
U.S. Manufacturers Step Up to Aid Ukraine
We’ve all been watching in shock and horror as Russian forces continue to launch endless military strikes against the people of Ukraine, turning their once vibrant cities into smoldering piles of rubble. We’ve seen hospitals and schools ruthlessly bombed without mercy for the innocent civilians within their walls, some of them newborn babies. Since the […]
Why Companies Fail
Companies fail for many reasons. We recently stumbled across an article in Entrepreneur Magazine titled “10 Reasons Why 7 Out of 10 Businesses Fail Within 10 Years.” The piece offers some valuable insight that’s applicable to all companies, even if they’ve been around longer than 10 years. Since many of the reasons listed aren’t relevant, […]
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