For many decades we have been in an information age dominated by engineers, computer scientists, programmers, and other left brain thinkers. In Daniel Pink’s book A Whole New Mind, he makes the case that we are in transition from an information age to a conceptual age, and from L-directed thinking to R-directed thinking.
We wore pedometers and tried to make the walking into a game, but after three days and 35,000 steps (over 17 miles!), it was a little less fun to see those digits tick as I trekked across Chicago’s McCormick Place for September’s IMTS (International Manufacturing Technology Show) 2012. I don’t care if they don’t go with my dress clothes: next time, I’m wearing my hot pink Nike running shoes. Luckily, the IMTS show was worth it.
A recently posted video entitled Are Droids Taking Our Jobs? explores the job market and how the recession is affecting workers, as well as robot welfare. As our society progresses, robotics and algorithms are becoming more advanced. This has been apparent for quite some time. So, are droids really taking our jobs?
Is this next bit of technology worth exploiting in engineering? There are certainly applications to visualize a specific part within its associated surroundings or to simulate placing a part, making sure everything fits. There are certainly applications, but how practical, useful, or needed it is will remain to be seen.
Regardless of the process improvement, business improvement, or innovation methodology training, almost all of them focus on teaching us tools and methods. They don’t teach us how to lead the implementation. Here is a short list of the things we change leaders need to do to succeed.
Some buy American because they, as Americans themselves, think it’s simply the right thing to do. Some buy American because, to them, seeing the “Made in America” label means that they’re getting a superior product. Others, because they’ve heard the statistics outlining the importance of a strong manufacturing base in the U.S. Whatever the reason, I don’t think it can ever hurt to support an economy that makes such a difference.
Whether it comes from a senior executive, a mid-level manager or new-hire, TIP allows ideas to be shared with a broad audience of potential collaborators through an online platform. Ideas move through a rate-and-review process, and the best and most promising ideas are developed further and considered for funding.
Most of us do some form of testing or other validation of our designs and production systems before we initiate production of our products. For some of us, especially those of us who produce products related to safety, we must prove to a regulatory agency that our products are safe and meet regulations. I’ve yet to witness an environment where testing of products is not a delicate balance.
A brand has one layer, a brand story has two. Both have outer layers consisting of functional benefits or the results that can be achieved by using a given product. However, the brand story has an additional inner layer that gives it distance and longevity. The brand story's inner layer is more than just air. It's made up of very real values and beliefs.
A common belief held by manufacturers is that price discounts can be justified because even at lower prices, the additional volume covers overhead. A review of the CM explanation earlier will show that this is true only if (1) the firm is operating above its breakeven sales levels and (2) that the proposed discounted project in fact possesses a positive contribution margin.
I love this Alliance Rubber story mostly because the innovations are interesting, fun products — and in the age of Facebook and Pinterest, potentially buzz-worthy — but they’re also the results of the efforts of a team that sees the challenge of improving upon an age-old product, and doesn’t hesitate to move outside of the box.
Have you heard of Nikola Tesla? I’m sure most of you have. Just in case you haven’t, Tesla is arguably the most underrated and overlooked engineer of all time. He developed the alternating current, invented the bladeless turbine, built the first induction motor, and innovated the use of X-rays, to name just a few of his contributions. So, why is this guy just a paragraph in history books?
A few months ago, I had the pleasure of flying across the Pacific to visit Thailand and to tour the county’s burgeoning automotive industry. The trip was at the behest of Thailand’s Board of Investment (BOI) agency, which has developed a number of policies and incentives to help bring more manufacturing into the country, regardless of industry.
I’m not going to get into who or what caused the housing & mortgage crisis in this country. And I’m not gonna offer any recommendations on what we could be doing to fix it. What has me curious is why we’re not seeing more concern in manufacturing about its impact on hiring and the lack of talent to grow manufacturing and accelerate reshoring & innovation in the US.
The rate of change and advancement in the electronics industry can be startling, especially over the past few decades. The names at the top of the industry today were brand new companies just ten years ago. To survive, an electronics company needs to be as flexible as it is quick. And to excel, that company must be able to overcome both existing and emerging challenges in the market.
Perhaps one of the most significant contributions the Internet has made to our daily lives is the ability to find the rock-bottom price for just about anything we need to purchase easily. With a quick search on the right keywords, or a visit to megasites such as Amazon.com or eBay, we can find exactly what we’re looking for and save money to boot. Or so it would seem.
In today’s world, the term social is used to describe the simplest task or component and often is more a marketing term than anything else. For all the social interactions written about social and sharing, they have mostly referred to a B2C business model. The social aspect works well for this scenario. What has been forgotten and overlooked is the lack of communication and social aspect as it pertains to the B2B model.
Maybe you’ve heard of Kickstarter before. It’s a relatively simple service in theory: It helps inventors, artists or designers (and other professionals) get funding to transform their designs into real products when they don’t have the up-front cash. The web service has definitively taken off in the last year or two, with many projects gobbling up millions of dollars in “investment.”
The resiliency of industrial real estate is showing itself noticeably heading into the second half of 2012. Key markets nationwide continue to experience healthy demand, declining vacancies and positive absorption, which are beginning to push rent growth and foster the return of speculative construction.
The cloud computing "ecosystem" failed Mat Homan, and his plight should serve to remind individuals and companies that store sensitive data in “the cloud” that the technology (while oozing with upside and potential) remains very much a work in progress.