Mike Whitney's most recent publication offers guidance on a timely topic - how to lead your company through a business downturn. The paper begins:
Something has changed. You feel it in your bones; see it in your backlog; hear it from your salesmen; measure it on your P&L. The business cycle isn't dead after all. What just months ago seemed to be a well deserved joyride of large orders, motivated customers, and talk of even greater future opportunities for your company has seemed to evaporate for reasons you don't entirely understand. Now it's clear that this year will not be as good as last year and who knows about the year after that? How long and how deep will this decline be? It's time to get re-acquainted with reality and earn your stripes as a leader during trying times.
Click here to read the entire PDF document: The Leader's Guide to Success During Trying Times
Titles are listed below of Mike Whitney's popular "Behind the Numbers" columns on topics of current interest to the manufacturing sector, published in Tooling and Production Magazine from August 2002 through August 2006. Please send Mike a request if you'd like a copy of any of the articles.
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August 2006: Trumping Inflation
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June 2006: Labor arbitrage
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April 2006: The Leisure Class
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February 2006: Acting On What We Know - keys for improved decision making
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December 2005: Tracking the Source of Innovation
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October 2005: Capital Spending Outlook 2006 - Factors That Should Be Considered
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August 2005: Adding Value to Manufacturing
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June 2005: Whose Trade Deficit Is It, Anyway?
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April 2005: How BIG is Small Business?
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February 2005: What Does a Weak U.S. Dollar Mean?
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December 2004: Forecast 2005 . . . the positives, negatives
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October 2004: What To Do With All That Cash?
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August 2004: Investing in technology - the real challenge
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June 2004: Do You Hear What I Hear? - Signs Positive for US Economy
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April 2004: U.S. Economy vs. the World: Can we turn the clock back on trade policy?
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February 2004: Freedom To Choose Your Career
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December 2003: Forecast 2004
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October 2003: Productivity Improvement: It's In The PITS
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August 2003: Leading Indicators: What They Mean to You and Your Business
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June 2003: Manufacturing Survivors: Capital Investment Is Their Lifeline
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April 2003: Pareto and Profits
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February 2003: Capacity Utilization: Everything You Wanted To Know But Were Afraid To Ask
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December 2002: The Capital Investment Climate for 2003
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October 2002: Survival Depends on Investment in Technology
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August 2002: Decline in Capital Investment is Slowing
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