Remove Engineering Remove Finance Remove Offshoring Remove Operations
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Community Financing Breathes Life into a New U.S. Manufacturing Firm

Harvard Business Review

Trouble is, two recessions in 10 years have cut the capital fuel supply to the tech-company-creation engine. Combine that with the offshoring mania among established manufacturers, and you've got a full-blown crisis. Testing in these cases was not previously possible due to the cost of an on-site operator. manufacturing jobs.

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Entrepreneurs Take On Manufacturing

Harvard Business Review

However, in recent years a parallel explosion of digital tools and services has taken place in the manufacturing realm as well, drawing in computer-assisted design and 3D printing equipment to open-source operating systems, the cloud, and the Internet of Things (IoT). Second, a number of important inputs have gotten cheaper.

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Why Outsourcing Can Save Your Business

Strategy Driven

The first reason that many companies decide to outsourcing is that the operational and labour costs are much cheaper than hiring an employee into the business. Things such as administration, finance and statistics can be outsourced by a business if they do not want to complete these tasks themselves. Mundane Tasks. Global Knowledge.

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How the U.S. Can Rebuild Its Capacity to Innovate

Harvard Business Review

It’s a lesson for countries around the world: Once manufacturing bids farewell, engineering and production know-how depart as well, and innovation activities eventually follow. by looking back to the original offshoring frenzy which started with consumer electronics in the 1960s. We can trace how this happened in the U.S.

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Stop Focusing on Profitability and Go for Growth

Harvard Business Review

So, in real terms, debt financing is essentially free. Finally, in earnings call after earnings call, we hear CEOs describing one or two bets — at most — on growth, and devoting most of the time to showcasing the results of restructuring, offshoring and other cost-focused initiatives.

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