Manufacturing training programs in the US need to emphasize adaptive skills more than conventional hard skills, writes Justin Rose of Boston Consulting Group. "To create the next-generation workforce, we have to go beyond teaching the technical skills required by today's manufacturers and technologies and teach the adaptive skills that will be needed tomorrow," he writes.
The first class of Rockwell Automation's Academy for Advanced Manufacturing provided manufacturing training and job placement opportunities for 14 veterans. CEO Blake Moret says the program accomplished training, providing manufacturers with skilled workers and making progress toward solving the manufacturing skills gap.
Walmart has worked to incorporate sustainability as a "shared value" within the business rather than something separate, says CEO Doug McMillon. In addition to the long-term economic benefits of sustainability, he said, Walmart understands that customers want to feel positive about the products they buy.
General Electric will acquire new companies to streamline its supply chain operations in an effort to boost profit margins while reducing costs overall. Though vague in details, the company's investor update indicated a rigorous revamping.
In smaller companies, leaders with grand visions of the future may not be taken as seriously as they would be at a larger organization, writes Lila MacLellan. This is because the closer leaders are to their employees, the more practical and detailed their messages are expected to be.
Your company's digital presence can never outdo Amazon.com's, but customers are demanding that you be in the space, says Ian Heller in this video. Don't abandon the offline attributes that add value, he says.
Make sure to perform operational due diligence before an acquisition even if there is pressure to focus only on financial issues, writes Ambrose Conroy of Seraph. "Operational details add context to the financial numbers, the financials can guide the operations team in prioritizing its review, and the legal team can incorporate financial and operational findings into a sound share purchase agreement," he advises.
Robots' roles in factories will change rapidly as they depend less on scripting and are able to integrate wirelessly, says Rodney Brooks, chief technology officer at Rethink Robotics. He cites safety as another emerging priority in robotics.