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16 05, 2022

Mediocrity, Malaise, and Mismanagement

By |2022-05-18T16:22:13+00:00May 16th, 2022|Business, Information Technology, Manufacturing, MPI Manufacturing Study, People|Comments Off on Mediocrity, Malaise, and Mismanagement

Why aren’t you paying attention to your manufacturing business? After nearly two decades of research on manufacturers, you might think that MPI could report  that documented best practices — benchmarking, training, etc. — are now common everywhere, driving massive performance improvements around the world. Alas, nothing could be further from the truth. In fact, our MPI 2021 Manufacturing Study found many manufacturers struggling with — or outright failing at — the basics of improvement. It goes without saying that the effects of the pandemic can be seen in our Study data. Nonetheless, the overall Study results are shocking: [...]

30 07, 2019

Lordstown Family Feud

By |2019-08-01T17:55:22+00:00July 30th, 2019|Business, Manufacturing, Ned Hill, One-Handed Economist|Comments Off on Lordstown Family Feud

After releasing The Trade Skirmish of 2018, a policy report on the early evidence on the economic effects of the tariff actions by the U.S. and global retaliation (http://glenn.osu.edu/research/) in April, I was asked to referee a family feud.  What follows is an edited version of the question and an expanded version of my answer. Good morning Mr. Hill, I am trying to understand what factors led GM to close the plant in Lordstown, Ohio. My cousin and I argue about Donald Trump and his policies non-stop. My cousin says that Lordstown has nothing to do with steel tariffs [...]