China is the world's largest manufacturer, and by an increasing margin | Executive Summit: Delivering on the promise of growth | The building blocks of regional competitiveness
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February 14, 2013
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MAPI Research and Insight
China is the world's largest manufacturer, and by an increasing margin
Daniel J. Meckstroth, Ph.D., vice president and chief economist
China has the largest manufacturing economy in the world, and it widened its lead over the U.S. in 2011. At its pace of growth over the decade ending in 2011, China's manufacturing value-added measured in dollars doubled every four years. When manufacturing value-added is normalized into a per capita metric, however, China's rank among global manufacturers falls to 11th. Policy Analysis
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Executive Summit: Delivering on the promise of growth
Join us at our Executive Summit for the release of a report on how best in class manufacturers deliver on the promise of growth, and learn from the progressive management initiatives and innovative practices culled from a range of companies. The report, presented by Deloitte, will include a best practices playbook, case studies and a dataset of supporting quantitative information. Register now for the summit, to be held May 15-17 in Chicago. Executive Summit
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The building blocks of regional competitiveness
Cliff Waldman, senior economist
Clusters -- a conceptual building block of regional economics -- were born on the pages of economic literature, but their identification and development is now essential for policy and planning in many states and localities. Cluster strength, as the emerging evidence is showing, has implications for regional and ultimately national competitiveness. On a gut level, manufacturers should understand the cluster concept very well given their production world of suppliers, customers, competitors, R&D laboratories, governmental organizations of various kinds and universities. Issues in Brief
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Manufacturing facts: No region has been immune to the decline in manufacturing employment
This week's excerpt from The Facts About Modern Manufacturing: In good times and bad, job losses have been a fact of life in the manufacturing sector for well over a decade. No region has escaped the seemingly inexorable decline. Since the mid-1990s, the Southeast alone has lost nearly 1.7 million manufacturing jobs. Largely because of the importance of automotive and machinery manufacturing in the Southeast and Great Lakes states, those regions have borne the brunt of the job losses that characterized the Great Recession. Manufacturing Facts
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MAPI in the News
Cardoso is named to Hubbell board of directors
Carlos Cardoso, Kennametal CEO and chairman of MAPI's Board of Trustees, will join the board of directors of Connecticut-based electronics maker Hubbell. "Carlos has a strong background in manufacturing, excellent understanding of the industrial market and in-depth knowledge of driving productivity improvements. We look forward to his insight and contributions as we continue to grow the enterprise," Hubbell CEO David Nord said. American City Business Journals/Pittsburgh (2/8), The Providence Journal (R.I.) (free registration) (2/8)
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In the Industry
Honeywell looks at potential acquisitions
Honeywell is looking to increase its acquisitions and has about 100 companies on its list of potential deals. The electronics giant is focusing on those that are less than $1 billion and easier to "Honeywell-ize," CEO Dave Cote said. The company has sold $6 billion in unwanted businesses and spent $10 billion on the acquisition of about 75 companies since Cote took the helm in 2002. Bloomberg (2/8)
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High-speed rail is good for Midwest manufacturing, report says
At least 460 manufacturers across seven Midwestern states could benefit from new business that would come from high-speed rail routes being built out of Chicago, the Environmental Law & Policy Center said in a report last week. "What we're seeing is that old-line Rust Belt manufacturers are making the equipment for modern new railcars," said the group's director, Howard Learner. "It shows that the federal investment in high-speed rail modernization is good for manufacturing jobs, good for economic growth and good for the environment," he added. The Washington Post (tiered subscription model)/The Associated Press (2/9)
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Dow Corning, IBM announce new light-transmitting polymer material
Scientists at Dow Corning and IBM have announced the development of a new silicone-based polymer that transmits light instead of electrical signals within data centers and supercomputers. The material is more flexible and robust, making it a better option for Big Data applications and exascale computer development. ChemicalProcessing.com (2/7)
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Inspiring innovation in organizations
In this TEDx speech, Ashley Haynes-Gaspar -- MAPI member and GE Oil & Gas chief marketing officer -- shows how we can be better innovators by learning a few simple lessons from our children. "Sometimes you need to just take a leap of faith and try something, simply because you have a belief that there's a better way to do it," she says. Watch the video.
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Leadership and Strategy
2 questions to ask before you start problem-solving
Approaching innovation as a manager requires asking two questions to get a better idea of the problem, writes Greg Satell, a consultant and author of the Digital Tonto blog. Try asking, "How well is the problem defined?" and "Who is best-placed to solve it?" to get at the heart of your innovation issues. "Once we've asked the framing questions, we can determine which approach to innovation makes the most sense," Satell writes. Harvard Business Review online/HBR Blog Network (2/11)
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Improving operations and maintenance through reliability
When forming a reliability department to streamline the operations and maintenance processes, you must be sure to choose the right leader. Select the person who can ensure that the department can help employees do their jobs better, handle short- and long-term issues, develop an effective operator-driven reliability process and establish operations-maintenance routines. Plant Services (2/2013)
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SmartQuote
The only man I know who behaves sensibly is my tailor; he takes my measurements anew each time he sees me. ... The rest go on with their old measurements and expect me to fit them."
-- George Bernard Shaw,
Irish playwright
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The Manufacturers Alliance for Productivity and Innovation, founded in 1933 and located in Arlington, VA, contributes to the competitiveness of U.S. manufacturing by providing economic research, professional development and an independent, expert source of manufacturing information. www.mapi.net
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