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A Visa for Transformation

Harvard Business Review

Although the Border Security, Economic Opportunity, and Immigration Modernization Bill of 2013 — introduced four weeks ago by a bipartisan group of eight U.S. For some time now, it has been obvious that these companies will have to go beyond the offshoring model that served them well in the past and develop innovative new ones.

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Entrepreneurs Take On Manufacturing

Harvard Business Review

In 2013, the multinational contract manufacturer Flextonics — which makes products for Apple and Microsoft — began offering Lab IX , a service that connects startups with manufacturing partners. Such an age could be beneficial for the U.S. Beyond that, this surge could help cities.

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Priorities for Jumpstarting the U.S. Industrial Economy

Harvard Business Review

Average compensation in 2013 across the advanced industries sector was $90,000—nearly double that of workers in other industries. And, critically, after years of decline, these industries have led the economic recovery—employment and output growth since the recession have been 1.9

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Robots Are Starting to Make Offshoring Less Attractive

Harvard Business Review

By October 2013, Amazon CEO Jeff Bezos noted that they had “ deployed 1,382 Kiva robots in three Fulfillment Centers. ” Yet Amazon continues to significantly grow its number of employees in these fulfillment centers, adding 20,000 full-time employees in the U.S. But over time technology is a far more reliable path to increased productivity.

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Oil and Gas: Industrial Internet in Action

Harvard Business Review

GE has also introduced it to American customers at the 2013 Offshore Technology Conference in Houston, Texas. The Condition Monitoring system is already working at some 130 sites in the North Sea operated by Statoil, ENI, and Shell, and off the coast of Africa. “Water is a very good medium for propagation of sound waves.

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Businesses Can No Longer Avoid Becoming Political

Harvard Business Review

Rather than being undercut by new, lower-cost competitors in rapidly developing economies, such as China and India, companies have globalized their supply chains or offshored their production. The successful ones have, at least. Donald Trump won the U.S. Economic nationalism is resurgent in Europe as well.