In today’s world of steel making, profit margins are as thin as sheet metal. That makes the margin of error at the Timken Faircrest plant in Canton, OH even thinner for the utilization of time, equipment, and raw material. The workforce must be coordinated across a site covering dozens of acres.
With governmental regulations for compliance becoming all the more rigorous, chief audit officers (CAOs) are finding themselves between a rock and a hard place regarding controlling costs and satisfying these more rigorous compliance demands. At the same time, external auditors are getting more sophisticated in their investigations of compliance — delving deeper into organizations’ controls.
One of the great American traditions is that of embracing the plight of the little guy, the underdog, the one with all the odds stacked against them. I think it’s because even in these seemingly impossible conditions they’re committed to doing whatever it takes and are unwilling to yield to theoretically superior opposition.
Anna Wells, Editor, IMPO The web is a strange place to live because there is such a disparity in structure from place to place. In real life, my neighborhood is all maples, condos, and serious lawn care. I don’t accidentally turn a corner and find myself in a sewer.
Jeff Reinke, Editorial Director, IMPO I know, I know, the U.S. auto industry has been an easy target for quite a while now, but a release came across my screen last week that made putting it back within the crosshairs of my keyboard way too appealing. Over the last couple of weeks we’ve all become familiar with the Cash For Clunkers program.
Jeff Reinke, Editorial Director, IMPO As someone who grew up in the rolling corn and hay fields of southeastern WI, I’ll proudly testify to the sentiment that permeates throughout this area. Combining a strong work ethic with a common sense approach has resulted in a collective that embraces both traditional and new ideas.
The manufacturing sector has taken a beating by the recent economic downturn. While no industry has escaped unharmed, companies are beginning to fight back, according to the 2009 Manufacturing and Wholesale Distribution Survey by RSM McGladrey. Does that mean there is some good news on the horizon? Well, sort of.
by Anna Wells, Editor, IMPO About a year ago, I began drooling over new car ads and decided I would trade in my dependable VW Jetta for something a bit flashier. Nothing like a bird’s eye view of your 401K floating in the toilet to derail any thoughts of luxury. I decided that I could wait it out, continue to drive my Jetta, and look slightly less cool.
by Anna Wells, Editor, IMPO It seems the concept of personal responsibility has become skewed over time. What used to be a matter of pride—something one could accomplish based on his or her own volition—is now carrying a more negative connotation. Responsibility has become a matter of who is “at fault” for a certain situation, or how one’s efforts can be excused by sharing the burden of accountability.
Jeff Reinke, Editorial Director, IMPO One of my favorite all-time movies is Steve McQueen’s Bullitt . It’s not that the movie itself is all that special, but anyone familiar with it knows exactly why it’s among my top picks. It contains a scene that is considered to have revolutionized the way Hollywood filmed car chases.
Anna Wells, Editor, IMPO The day my mom joined Facebook elicited a strange reaction in me: something wavering on dumbfounded pride. My mom was all grown up, graduating from some technological university I’d assumed she wasn't even aware of. The day she joined Twitter was borderline scary.
Anna Wells, Editor, IMPO When I saw the CNN.com headline “ 43 Weird Things Said in Job Interviews ,” I had to click. Throughout my career, I’ve enjoyed the odd task of interviewing dozens of prospective job candidates for positions within our publication group, and I’m always up for a disastrous tale of inappropriate behavior.
Jeff Reinke, Editorial Director, IMPO Today is my daughter’s birthday. For the most part, this is great thing. I know she’ll eat way too much sugar, but her friends will help burn that off with constant laps around the swing set, kitchen table, adult supervisors, and any other object unable or unwilling to move as 10 giggling six-year-olds assault the house and yard.
Karen Langhauser, Editor-In-Chief, Food Manufacturing I’ve honestly never paid much attention to packaging labels, and perhaps that makes me an irresponsible consumer – but the way I look at it, that’s my own choice. The FDA recently published a final rule that amended its regulations to require the declaration by name of the color additives cochineal extract and carmine on the label of all food and cosmetic products in the U.
Anna Wells, Editor, IMPO When it comes to email, I’m a sucker for a good subject line. One of the more recent to hit my inbox attracted my attention with this: Why Good Old-Fashioned Hard Work is Back in Vogue! The email is pitching editorial coverage for Jon Gordon and his recently released book “Training Camp: What the Best Do Better Than Everyone Else.
As a baseball fan, All-Star week is typically a mediocre point in the season for me: My team—the Milwaukee Brewers—doesn’t play for three days, our best talent risks injury in an ancillary ball game, and the American League always wins, this year being no exception.
I have a good friend who works for a large, reputable technology consulting company and we were speaking recently on some of the things his employer was testing in the technology realm. A couple of these upcoming advancements gave me visions of The Jetsons , while others—like a software program that automatically transcribes your voicemails into emails—seem a bit over the top.
One of the things I look forward to the most about the pending Fourth of July festivities is the wonderful combination of my dad’s grilled brats and my mom’s potato salad. This perfect storm of smells and flavors, washed down by a couple of cold well-brewed beverages, seems to relax me to a point in which I can actually feel any extra burden drop from my shoulders.
I’m writing from the heart of a brewing crisis in office parks around the nation and, quite possibly, around the world. In cube farms everywhere, production has been brought to a stand still because amateur office baristas are not heeding the Rules for Brewing posted above the Bloomfield Koffee King and making coffee two to three times stronger than the recommended dose.
Establishing the loyalty of your customers can be accomplished using many tactics—and I’ve seen a few very blatant attempts in the past week by way of financial incentives. But it seems not all cash breaks are sure fire ways to keep folks coming back: Apple recently announced a major reduction in price point on some of its more popular electronic items, including its older model 3G iPhones, to make way for the new model 3GS.