Aug 8, 201712:46 PMMaking Madison
with Buckley Brinkman
Foxconn signals start of 'big doin's' in Wisconsin manufacturing
(page 2 of 2)
What about the rest of us? There seem to be two choices: engage and ride the wave, or drown.
We know what to do, but there’s that whole horse/water/drink thing blocking our way. These new conditions carry serious implications for both companies and individuals.
Companies must find a way to grow with limited new employees. Demographics made this important before Foxconn. Now, action is even more critical. Business leaders must catalyze their strategies around talent, technology, and techniques to transform their companies. Only an integrated approach that fully engages employees, identifies and invests in new technology, and uses both of these elements in more effective ways will successfully position their organizations for the future.
Individuals will also need to expand and adapt their own skills in order to stay relevant. We are entering the strongest sellers’ market for skilled workers in my lifetime. In this market, Foxconn will drive another skills shift with new technology and more automation. People with the new skills will be in the most demand. The best-positioned people will proactively identify and develop these skills, staying current with the most valuable capabilities.
It’s an exciting time to be working in Wisconsin. The big doin’s with Foxconn creates opportunities for all of us. It’s a brand new industry for the country and Wisconsin will serve as its epicenter. Our success depends on all of us — companies and individuals — taking a proactive stance towards change and making the most of the accelerating trends. Together we will transform our future.
Grandma would be proud!
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