Strategy

This is the latest in our “Masters of Manufacturing” series, presented in partnership with The Indiana Economic Development Corporation. Each month we share insights and ideas from innovative, growth-minded manufacturing CEOs from across the nation as they navigate this tricky time in history. Vinotemp isn’t waiting for the coronavirus flood to recede before betting on
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The COVID-19 pandemic has led online scammers to launch new, and too often successful, ways to hack into computers and steal people’s information and money. The vast increase in people working remotely has compounded the risks of data breaches through technological vulnerabilities and human error. Scammers are focusing on social engineering and any schemes they
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Travel advisories and restrictions escalating, global market reeling, a pandemic spreading across the globe—now might not be the most opportune time for a travel-affiliated company to launch a sustainability journey in celebration of its 110th year. Kyle Gendreau, CEO of the $3.89 billion luggage company Samsonite, opted to press on anyway. “At a time of
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The technical steps for conducting a scenario planning exercise are well documented in a number of books and articles, including part 1 of this series. But to achieve a successful outcome, scenario planning requires more than just following a rote methodology. It requires guiding people, from decision-makers to implementors, on a journey—one that expands their
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COVID-19, commonly known as coronavirus, is causing an epidemic of respiratory illness in more than 60 countries. With the mandatory quarantines and the closure of many businesses, including manufacturing facilities and suppliers, the impact on the supply chains and operations will be enormous in the short term. With no end to the coronavirus outbreak in
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It goes without saying that the issues that are keeping CEOs and their leadership teams up today are far different than just a few short months ago. Worries such as talent shortages, politics and cybersecurity have given way to managing a remote workforce, cash flow management and figuring how to position for an uncertain future.
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