Tuesday, November 11, 2008

Wrong-headed worries

Another issue of IndustryWeek More insight for the taking... This time, one of the articles talks about a survey of the concerns facing those in manufacturing. 70% said "raw materials" costs. How sad. Wrong-headed thinking to the max! The second concern should have been the clear winner: finding (and retaining) qualified talent. Yet this issue only rated a 47% concern. This might come as a shock, but the fact of the matter is simple: good people solve problems. If hiring, training, promoting and retaining the right mix of talent is not at the top of your radar screen, I would give you odds of only 66% that you will be in business this time next year. Yes, a third of you will not make it. Ouch. Do you understand that the rules are changing? Focus on "low cost" providers has given us lead contaminated children's toys. Dead pets. Ineffective prescription drugs. The list goes on (and on and on!) but I digress... When will the light go on that people and the efforts of people are the only real solution to whatever might ail our economy. And our factories. -ski ---- Jeff 'SKI' Kinsey, Jonah www.throughput.us tag: ©2008 Throughput.us LLC. All rights reserved.
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