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The article actually supposes that large businesses really care to think locally. If a business can shut down a factory in Michigan and reopen in China for som
by russell 14y ago
The article actually supposes that large businesses really care to think locally. If a business can shut down a factory in Michigan and reopen in China for some perceived cost advantage or switch from a local supplier to a foreign one, think locally isnt going to produce anything.
I would posit that rethinking manufacturing (entrepreneurially) to take advantage of our skilled workforce and superior design capabilities would be the way to go.
One suggestion did make sense: reduce the influence of stock based incentives. Even more importantly, get away from decisions being driven by quarterly reports.
- enraged_camel 14y ago>>If a business can shut down a factory in Michigan and reopen in China for some perceived cost advantage... In the vast majority of cases, the "perceived" cost advantage is real, and very significant.