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U.S. Manufacturers Bringing Work Home from Overseas

By Guest PostOctober 3, 2012Economyaerospace, chain, China, cultural barrier, defense, domestic soil, Economy, electronics, erosion, expert, factor, firm, global risk, India, industry, intellectual property, kenneth petersen, labor cost, language, lisa ellram, manufacturing operation, medical, michigan, oil price, overseas, political instability, problem, product quality, state university, supply, surgical supplies, time zone, tobias schoenherr, transportation cost, united states, US, wendy tate

EAST LANSING, Mich. — Increasingly, U.S. firms are moving or considering moving their manufacturing operations back to domestic soil from overseas, finds a new study co-authored by a Michigan State University supply chain expert.

Fueling the trend are rising labor costs in emerging countries, high oil prices and increasing transportation costs, global risks such as political instability and other factors, said Tobias Schoenherr.

“Going overseas is not the panacea that it was thought of just a decade or so ago,” said Schoenherr, assistant professor in MSU’s top-ranked Department of Supply Chain Management. “Companies have realized the challenges and thus are moving back to the United States.” (more…)

Employees at ‘Green’ Companies are Significantly more Productive, Study Finds

By Guest PostSeptember 11, 2012Economy, Environmentambrose hotel, beneficial effect, bottom line, certification, company, conventional firm, eco label, economic performance, employee, Environment, environmental commitment, environmental impact, environmentalism, fair trade, firm, france, green certification, green companies, green practice, interpersonal relationship, investor, iso 14001, labor productivity, magali delmas, mechanism, organic, paris dauphine, patagonia, productivity, proxy, revenue, sanja pekovic, santa monica, sustainability, ucla, united states, university, virtuous circle

Bucking the idea that environmentalism hurts economic performance, a new UCLA-led study has found that companies that voluntarily adopt international “green” practices and standards have employees who are 16 percent more productive than the average.

Professor Magali Delmas, an environmental economist at UCLA’s Institute of the Environment and Sustainability and the UCLA Anderson School of Management, and Sanja Pekovic from France’s University Paris–Dauphine are the first to study how a firm’s environmental commitment affects its productivity.

Their findings are published online Sept. 10 in the Journal of Organizational Behavior. (more…)

Better Ways to Hire, Announce a New CEO

By Guest PostSeptember 21, 2011Economybetter decisions, business professor, corporate jet, firm, information, management, new ceos, self image, steven boivie, strategic noise, university of arizona

*Two studies by a UA business professor examine the hiring of CEOs, finding that new CEOs make better decisions when their self image is tied to the firm and that “strategic noise” can soften market response to a new hire.*

Two new papers co-authored by assistant professor of management Steven Boivie at the University of Arizona uncover novel facets of CEO and firm performance.

The first of the papers, out now in the Academy of Management Journal, finds a new remedy to the CEO agency problem. Instead of trying to design incentives and controls to keep corporate leaders acting in the best interest of the company, Boivie and his co-authors demonstrate that boards should try to hire leaders who strongly identify with the company itself. (more…)

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U.S. Manufacturers Bringing Work Home from Overseas

Employees at ‘Green’ Companies are Significantly more Productive, Study Finds

Better Ways to Hire, Announce a New CEO