Business & Industry

Bill Gates Addresses U.S. Competitiveness

Microsoft Chairman Bill Gates testified before the Senate Health, Energy, Labor and Pensions Committee yesterday to spur science education and research. On the discussion of competitiveness in the 21st century, he recognized that "many of the most important advances in computing, healthcare, telecommunications, manufacturing, and many other fields" have originated in the U.S. However, his pride...

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Business & Industry

Embattled Car Brands Try to Bounce Back

Recalls and other roadblocks are preventing U.S. automakers from realizing their turnaround strategies. When will it end? The other day a Ford commercial actually caught my eye. It was touting the automaker's latest model, a crossover SUV called the "Edge" that actually looked much more modern, innovative and exciting relative to other Ford car models. I thought to myself, "Good for them, they...

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Business & Industry

U.S. Economic Outlook Upbeat, Manufacturing Not So Much

Increases in productivity have helped create an environment in which "employment is up, real wages are rising and inflation is under control," emphasizes the chairman of President George W. Bush's Council of Economic Advisors. Amid the optimism, however, others are less cheery about the future due to rising healthcare costs and other issues. The decline in manufacturing jobs has been driven more...

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Business & Industry

'Going, Going, Gone' is a Myth, but Concern is Essential

The UK government's perception of manufacturing is out of date. This according to Richard Wilson at Electronics Weekly, at least. Could the same be said of the U.S.? With mainstream media repetitiously noting outsourcing (offshore) and mergers and acquisitions leading to job cuts, who would seriously not give pause in concluding that American manufacturing is healthy and growing? Prominent...

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Business & Industry

Light Friday: New IMT Blogger, Industrial-Strength Junk Food, Americans Hate their Jobs ...

... Time is Not on Your Side, Smoking Saps Security, Ice Cream and Infertility, and More. Early last month, the National Sleep Foundation (NSF) launched the Great American Sleep Challenge, an online campaign designed to help Americans get better sleep. Through March 31, 2007, you have a chance to win a comfy Tempur-Pedic bed (price tag: $2,800). An overwhelming majority of Americans agree that...

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Business & Industry

Indirect Procurement: The Challenges and How to Make it Work

In many organizations, indirect procurement has been a low priority compared with direct procurement, according to NelsonHall, a Boston-based business process outsourcing (BPO) analyst firm whose recent study reveals that more than half of companies think reducing costs and managing large numbers of suppliers were the bigger challenges of indirect procurement. According to NelsonHall research,...

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Business & Industry

Toyota's Battle of Perception and Backlash

Toyota is winning share from U.S. automakers and is winning on the profit sheet. Part of this can be chalked up to the Japanese automaker's remarkable job over the years of selling itself as an American company. Now it is bracing for possible political and consumer backlash caused by its rapid U.S. growth. An article in The Detroit Free Press this month detailed how Toyota was bracing for a...

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Business & Industry

Workers: Rate your boss!

Here you can give praise to a manager, supervisor or chief executive who, to you, represents great leadership. Or you can rant about a crummy boss you reported to in the past, report to now* or are loathe to even imagine reporting to in the future. Leave your comments in the section below. *We don't recommend including too many details (e.g., names).

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Business & Industry

On-the-Job Stress Tips

Stress at work is normal, even healthy. When the stress becomes too great, however, or when it goes unmanaged for too long, it can be harmful to both productivity and health, negatively affecting not only the individual, but also business. Here are some usable tips to stymie career-related stress. "It's easy to look at stress as a personal issue and, of course, its effect on individuals can be...

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Business & Industry

Follow the Leader

Let's face it: leadership, that ever-elusive quality, can be hard. Yet leadership and competitiveness are interrelated. Leadership can breed innovation, and innovation is the driving force of today's competitiveness. For some time, the cult of "leadership" has hooked executives to the point that they almost always opt for "leadership development" when asked what kind of training they would...

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