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.
The RAVE CAVE, about the size of a large cubicle and outfitted with cutting-edge vision technologies, is allowing engineers to see and interact with their design simulations as they would experience in real life. Located in the metro Detroit area, the simulator is also open to the public to promote engineering education.