As a CEO or business owner, how do you develop a leadership group that lives for your company and its values while inspiring loyalty from the workforce? Creating the right leadership takes the right frame of mind, and it requires proactive work.
Pat McGibbon, Association For Manufacturing Technology’s VP of industry intelligence and engagement, says there’s a lesson to be learned when usually reliable economic data turns out to be incorrect. Mistakes will happen, and if you’re prepared, errors shouldn’t wreck your business decision-making.
Pairing competitive compensation with worker preferences to attract and retain the best engineers will be a growing requirement for employers in the coming years. With a tight labor pool, going beyond compensation includes an engaging and fulfilling work environment.
Companies increasingly realize innovation success comes from external sources such as suppliers. But universities are among external partners that can be of great value, offering large talent pools, R&D, and product development support.