Should-cost models have been around for a long time, but AI has made complex data gathering and analysis easy. And what's worse, it doesn't matter if the data is accurate. We explore should-cost models and how you can lead your business to capture value despite them.
This article provides an in-depth analysis of the U.S. manufacturing industry’s 2025 economic outlook. It highlights steady consumer spending as a driver of growth while cautioning about potential risks like inflation, labor shortages, and trade policy shifts. Key sectors such as automotive and housing are discussed as economic indicators, with practical insights for navigating challenges. The article emphasizes the importance of ongoing innovation, including supply chain diversification, product expansion, market exploration, and the adoption of AI to boost efficiency and competitiveness. Manufacturers are encouraged to stay agile and proactive to thrive in this dynamic economic environment.
Today's business leaders are under immense pressure to drive growth while managing risk. They must deliver short-term gains without sacrificing long-term stability, all while navigating a constantly changing landscape of technology and market demands. AI has emerged as a tool to help quickly identify data to inform decision-making. Read on for how to leverage it and de-risk the process.
Ten strategies senior leaders can deploy to create a robust framework for driving growth.
You’re not alone if you’re feeling the pressure. Planning season stirs up stress, conflict, and uncertainty, especially when forecasts feel like guesses and growth feels out of reach. But there’s a way to shift from survival mode to clarity and control. In this article, I’ll walk you through how the most effective teams create strategic focus, earn the right to say no, and build a path to growth they can stand behind. If your quarterly or annual plan is keeping you up at night, read this.
This article provides an in-depth analysis of the U.S. manufacturing industry’s 2025 economic outlook. It highlights steady consumer spending as a driver of growth while cautioning about potential risks like inflation, labor shortages, and trade policy shifts. Key sectors such as automotive and housing are discussed as economic indicators, with practical insights for navigating challenges. The article emphasizes the importance of ongoing innovation, including supply chain diversification, product expansion, market exploration, and the adoption of AI to boost efficiency and competitiveness. Manufacturers are encouraged to stay agile and proactive to thrive in this dynamic economic environment.
Today's business leaders are under immense pressure to drive growth while managing risk. They must deliver short-term gains without sacrificing long-term stability, all while navigating a constantly changing landscape of technology and market demands. AI has emerged as a tool to help quickly identify data to inform decision-making. Read on for how to leverage it and de-risk the process.
Case Study: Discover how strategic partnerships can drive innovation by leveraging combined capabilities to meet customer needs. Explore real-world examples like HP and Koenig & Bauer, and LG Energy Solutions and Honda. Learn key considerations before entering a joint development agreement to ensure successful collaborations and accelerated market entry.
This interview with Janna Sobel, a coach with Notre Dame's UIM program and Second City of Chicago teaches organizations how to inspire teams to be innovative beyond their perceived limitations and how to have fun doing it so that they continue to improve upon old systems, find new and inspired ways to benefit their customers and communities, and have a remarkable positive impact on the world.
3 Critical Components to Profitable Innovation. Innovation is widely discussed. You may have innovation in your title or be responsible for it in some way. But, what is innovation? Is it really just new technology or is it more than that? How can innovation be more profitable and propel growth? B2B growth adviser, Kelly Lawrence, President of Lawrence Innovation shares the three critical components of successful innovation.
Adam Grant, organizational psychologist at Wharton described the predominant feeling in 2021 as languishing and encouraged finding its opposite, flourishing. This article explores how our mindset and having more fun help us to flourish, to achieve business growth and to achieve professional growth.
Lawrence Innovation helps B2B leaders accelerate and de-risk growth through strategic market-driven excellence.
