The Pressure is on Manufacturers

No industry in the U.S. has been hit harder by globalization or faces more challenges than manufacturing where the innovation and rapid growth of the past has become a much less likely scenario for the future. In fact, for individual companies—it's often no longer a question of the growth and profitability they can achieve. More likely, it's a question of whether or not they will survive as a company.

But, of course, all is not lost. As a manufacturer, the ability to innovate and adapt that served you well in the past can also serve you well in the future as your company strives to keep pace with its new business environment. You have many ways to take on your competitive challenges, but one response stands as critical, if not the mo