Manufacturing Insights The Ady Advantage: Strategy Matters

 

How will you grow your business this year?

Diversification and growth are goals of most manufacturers, no matter how big or small, or how successful they are. The question is not whether you want to grow and diversify, but how to do it.In working with dozens of manufacturers over the past several years, we’ve found it useful to think about growth and diversification […]

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As I See It | 2016 Will Be the Year of Collaboration, Convergence and Competitiveness

 Deloitte and the US Council on Competitiveness recently published a study on Manufacturing and Innovation. As wrapped up as we all are in our day-to-day businesses, it’s helpful to step back every now and then to look at the bigger picture. This study is based on interviews with 38 industry leaders and national laboratory directors, […]

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As I See It | Predictions for Manufacturing in 2016

 If you want to take the pulse of what is going on in our economy, look no further than the small- and medium-sized manufacturers that seem to dot every city and town. Our work takes us to all corners of this country, and although each company and location is unique, we do see some common […]

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As I See It | An Insider’s Thoughts on Attracting and Retaining Millennials in Manufacturing

My name is Ashley Scray and I am the research analyst at Ady Advantage. Being the token Millennial in the office and having attended the Women in Manufacturing Summit a few weeks ago, Janet asked that I write a guest blog on Millennials in the workplace. This topic has immense implications for businesses, because in […]

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AS I SEE IT | Every Month Should Be Manufacturing Month

I love October because of all the events, nationwide, celebrating our country’s manufacturing prowess. I love to see young kids learn about careers in manufacturing and make connections for future jobs. I’ll be honest, after having toured hundreds of manufacturing facilities, I still get excited every time I get the chance to tour another one. […]

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As I See It | Growth Starts Here

Sometimes, there are good reasons why conventional wisdom has stood the test of time.Consider the old saying, “It’s easier to keep your current customers than to find new ones.”   When we work with a manufacturing client on growth initiatives, our first line of questioning usually focuses on existing (and former) clients. Who are they? What […]

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As I See It | There’s No Better Time to Diversify Than Now

Let’s face it: the Great Recession was brutal, and the recovery, although it has had its bright spots, has also been marred by huge swings in oil and gas, mining, and defense, among other key industries. If the last six years haven’t made you catch your breath more than once, you’re operating in a bubble […]

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New National Group Promoting Women in Manufacturing has Local Ties

A new national trade association aimed at making the manufacturing industry less male-dominated is growing quickly, with a major assist from Madison. Anne Ross, managing partner at the Madison office of the Milwaukee-based law firm Foley & Lardner, helped the group, known as Women in Manufacturing, draw up its legal papers in the spring and serves […]

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AS I SEE IT: The Definition of “Innovation” Today

The consulting firm Ocean Tomo recently released its most recent Intangible Asset Market Value Study, which found that the implied intangible asset value of the S&P 500 grew to an average 84% by January 1, 2015 a growth of four percentage points over ten years. This continues a trend from the first year of this […]

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AS I SEE IT: Preparedness (and Ribs) In a Competitive Recruitment World

By Janet Ady, President/CEO Ady AdvantageIt’s always insightful to gain an understanding of why companies choose the locations they do for expansion projects. This article tells the story of how Polaris decided to locate its new 600,000 square foot advanced manufacturing facility, along with distribution and R&D, ended up in Huntsville, Alabama. Some observations:The Polaris team looked […]

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