The Threats
You may already understand there are two major threats to the profit growth and success of U.S. manufacturers. Consider the following quote from a recent economic study:
“While manufacturing has been the engine for healthy economic growth and good jobs, intense global competition and the rising cost of doing business in the U.S. threaten manufacturing’s capacity to maintain the nation’s economic strength and standard of living.”
-Excerpt from Securing America’s Future: The Case for a Strong Manufacturing Base, Joel Popkin. For the full report, click on the title above or click here for the free PDF file.
Proactive or Reactive?
Because of these threats, many managers have been ruled by ‘Tyranny of the Urgent’ and have fallen into the trap of unusually long hours just to try to maintain the status quo, not having time to focus on improving the situation. The market does not discriminate based on the size of your organization so your company is either being affected or soon to feel the pressure. Click hereto view LMSPI's Survive or Thrive matrix to rate your company’s performance.
Does your company perceive you as a proactive or reactive leader? Many manufacturing corporations often react to market changes by cutting back on the number of managers and employees; slashing budgets, closing plants or moving overseas to survive.
Here are a few turnover statistics that illustrate the truth about reactive managers and executives today:
- Chief Executive Officers enjoy an average 2 year timeline to bring significant profit increases
- Plant Managers average tenure is 3 years
- Materials Managers average job security is 18 months
Are you a reactive or proactive manager? Extreme situations require serious proactive changes. What is your plan for your site in 2007/2008 to respond proactively to these very real threats? Your focus can be general and only based on what you see day to day, but there are often more critical needs below the surface that carry much more weight and opportunity. Click here for a graphic evaluation of where your company’s focus rests.
Your Paradigm Shift
You need a partnership that will bring a paradigm shift in your thinking in order to lead your team and entire enterprise back to profit based business practices. We’ll provide the training & leadership necessary to help you lead changes that are sustained and yield a high ROI. Click hereto contact us and learn how you can make the necessary changes to lead your company and thrive.
