Implementing culture change anywhere is a difficult and time-consuming task. At organizations, this process is most difficult due to the nature of the change is at a work environment where...
This article points to the latest data and trends indicating that the US economy will grow less than its potential due to the demographics of its people (resources). The sum of the productivity growth and working-age population indicates a slow growth economy. As the working age workforce declines with age, there will be less productive hours to utilize for production; thus, slow growth. Coupling this with the declining unemployment, we may have less slack in the economy. This should produce a wage increase and inflation. Only time will tell.
Gary Kapanowski – Lean Six Sigma Master Black Belt – Excelsior
The following blog is the opinion of Gary Kapanowski and Garykapanowski.com. It is the sole intent to broadcast this opinion from Gary Kapanowski and Garykapanowski.com exclusively and not to reflect on any other institutions or organizations associated with Gary Kapanowski or Garykapanowski.com.