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You can dominate the
competition -- IMTS 2012!
If you are looking for manufacturing technology that will take you to
the next level, you should attend IMTS 2012. The world's leading
providers of machines, tools, software, automation and systems will
demonstrate their latest innovations. IMTS has what you need to compete
and win in today's highly charged competitive environment. Visit the
largest industrial trade show in the western hemispheres -- McCormick
Place, Chicago, September 10-15. Plan to Be There! For details, visit
IMTS.com.
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Can corporate restructuring enhance creativity and make large
companies more innovative? Not often. The history of business is
littered with examples that show organizational restructuring is not a
reliable tool for unlocking creativity. Sony Corp., for instance, has
undergone organizational shifts over a decade and has not captured
ground lost in the consumer products game to Apple Inc. and others. Or
Hewlett-Packard Co., where multiple organizational restructurings still
left it struggling to find a more profitable pathway for its enterprise
and consumer businesses. Once you think about a company as a
meshed network of small groups -- let's call them tribes -- you
immediately see why restructurings don't improve outcomes. Big
organizational changes are often financially costly. They are also
traumatic, breaking up trusted relationships and creating insecurity
even among the very creative people you are trying to
encourage. But senior managers and executives can break through
these organizational barriers by soliciting and incentivizing employee
ideas. For the full article, click here.
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Reaching $19.44 billion, foreign direct investment in Mexico rose
9.7% in 2011,the economy department said Feb. 20. The United States,
Mexico's main economic partner, was the top foreign investor,
contributing 55% of the total. It was followed by Spain, at 15%, The
Netherlands at 6.7% and Switzerland at 6.3%. Most of the investment went
into manufacturing, at 44.1%. Financial services received 18 percent and
commerce 9.5%. For the full article, click here.
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Honda on Tuesday announced several U.S. management changes "designed
to strengthen its North American regional operations to further speed
decision-making and increase efficiency and competitiveness within the
region." Tetsuo Iwamura -- president of American Honda Motor Co. Inc.,
chief operating officer of North American Regional Operations and a
senior managing officer of Honda Motor Co. Ltd. -- will be promoted
concurrently to executive vice president and executive officer,
effective April 1, Honda said in a news release. Iwamura will stay
in his post as president and retain all his responsibilities as head of
American Honda and Honda's North American region, the automaker
added. Honda also announced that Erik Berkman will become
president of Honda R&D Americas Inc., effective April 1. Berkman will be
responsible for all design and product development. For the full
article, click here.
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Product life cycles are getting shorter and supply chain lead times
are longer, plus the number of products you make is always increasing.
Find out how Sales & Operations Planning helps companies cope with
rising demand and supply volatility, and how your company can benefit by
moving beyond a single plan. During this free IndustryWeek webinar on
Mar. 29, you'll hear from S&OP legend Dick Ling, as well as Combe
Incorporated, makers of Just For Men hair coloring and several other
brands of personal care products. Register
now!
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IW Best Plants Conference
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Learn about a successful model that helps the entire organization
understand where the business is going in the long term and what needs
to happen in the short term to achieve the desired results. Thermo
Fisher's Vice President of Practical Process Improvement, Jeff Powers,
will outline this model in detail focusing on strategy deployment and
involving every employee every day at the 2012 IW Best Plants
Conference, April 23-25 in Indianapolis. This
session is just one of 35 breakout sessions available to choose
from.
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