Organizations that frequently call their greatest asset their “people” should view the training of these critical skills as an investment in the future. Training is usually the last item added to the operating budget and the first item cut during a down cycle. Training should be increased in down cycles, not reduced. Training makes your…
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A recession is not a time to hibernate and wait for inevitable upturn of the business cycle. A recession is an ideal time to renovate your organization-addressing the current economic climate with a new operating strategy that positions you to perform more effectively in either an up or down business cycle. Create a Plan If…
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Earlier this year I had the pleasure of presenting at the Pacific Northwest Aerospace Association Convention. Since most of the attendees were small to medium size manufacturing and supplier/vendor organizations, I felt this was an opportunity to get firsthand feed-back on how well their supply chain management processes were benefiting their organizations; a subject I…
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