"Expansion can become addictive, and after a while companies tend to binge like junkies on product variants, brands, acquisitions and new markets," Sanjay Khosla, the former president of Kraft Foods International explains.
The 25,000 new LED fixtures will replace traditional high-intensity discharge and fluorescent lights, and are expected to reduce Ford's energy use at manufacturing facilities by 56 million kilowatt-hours annually.
Many managers are unaware how to "plug into" their employees' minds, figure out what they really want, what they need to be fully engaged - and productive.
Whether you call it the "Internet of Things" (IoT) or machine-to-machine (M2M), this new industrial revolution offers an unprecedented amount of objective data on your products and how they are used.
"Companies in the U.S., Europe, and elsewhere must begin planning now for an environment in which difficulties recruiting and retaining workers will make it significantly harder to control labor costs without losing labor quality," says The...
Workers who are actively disengaged outnumber their engaged colleagues by an overwhelming factor of 2:1.
Imagine the heated discussions that occur when a plant calls asking for corporate help. "Hey! That is a quality problem, we should take the lead." "No, we need to do a full Six Sigma analysis, we will take the lead!" "Wait a minute! This problem...
The findings showed that the highest flight risk is among those in the sought after Gen-Y or "millennials" demographic, with 43% of these employees saying they would change employers for a job that offers flexible work.
It's a travesty how many U.S. companies have started a journey of continuous improvement and only 2%-3% of those are still on the journey after 10 years.
Sugar clumps kept clogging the massive hopper, forcing the workers to climb inside with shovels to help the granules flow out the funnel-like hole at the bottom.