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Manufacturing Day - October 6, 2017

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From the Census Bureau: Observed on the first  Friday  in October. Key Stats: Source: Annual Survey of Manufactures. This infographic contains statistics indicating that manufacturing establishments show gains in receipts, but lower employment  over time.    Infographic: Manufacturing in America: 2015 Source: 2014 Annual Survey of Manufactures.  More Stats: Source:  Census  Library.    Visualization:  Measuring America: Manufacturing in America: 2016 Source: Manufacturers’ Shipments, Inventories, & Orders . The Manufacturers’ Shipments, Inventories, & Orders (M3) survey provides broad-based, monthly statistical data on economic conditions in the domestic manufacturing sector. The survey measures current industrial activity and provides an indication of future business trends.    Manufacturers' Shipments, Inventories, & Orders  home page    Mon...

EB-5 Immigrant Investor Program

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From the Department of Homeland Security : USCIS administers the EB-5 Program. Under this program, entrepreneurs (and their spouses and unmarried children under 21) are eligible to apply for a green card (permanent residence) if they: Make the necessary investment in a commercial enterprise in the United States; and Plan to create or preserve 10 permanent full-time jobs for qualified U.S. workers. This program is known as EB-5 for the name of the employment-based fifth preference visa that participants receive. Congress created the EB-5 Program in 1990 to stimulate the U.S. economy through job creation and capital investment by foreign investors. In 1992, Congress created the Immigrant Investor Program, also known as the Regional Center Program. This sets aside EB-5 visas for participants who invest in commercial enterprises associated with regional centers approved by USCIS based on proposals for promoting economic growth.

The Most Important Attributes of Effective Online Influencers

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From MarketingProfs : Consumers say they are most likely to trust online influencers who come across as credible and who appear to have actually used the products/services incorporated into their posts, according to research from IZEA. The report was based on data from a survey conducted in 2016 of 1,000 consumers age 18-70 in the United States who use social media. Some 67% of respondents say the credibility/believability of an influencer is highly important in making sponsored posts effective; and 64% say it is very important that the influencer seems to have actually tried the product/services incorporated into posts. Less than half of consumers say an influencer's popularity/follower count makes sponsored posts more effective.

79% of customers expect an immediate response

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From Zendesk : Two-dimensional customer service is a thing of that past. Customers are pushing brands harder than ever to earn their loyalty. They want the personal attention that comes from dealing with a human, but the speed and accuracy associated with automated systems. This newly released report details the findings of a consumer survey, with 89% of respondents agreeing that brands need to offer a consistent customer service experience across all channels to retain their loyalty. See the numbers for yourself and as we examine the emerging trends of 2017. Zendesk recently commissioned research firm, Loudhouse, to explore this important and perplexing challenge. The research conducted illuminates four key trends of which important conclusions can be drawn: This report explores these key areas further, providing deep insight for businesses keen to stay ahead of their competition through improvements in their customer service strategies.

'Psychologically scarred' millennials are killing countless industries

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From The Independent : Millennials' preferences are killing dozens of industries. There are many complex reasons millennials' preferences differ from prior generations', including less financial stability and memories of growing up during the recession. “I think we have got a very significant psychological scar from this great recession,” Morgan Stanley analyst Kimberly Greenberger told Business Insider... “Millennial consumers are more attracted than their elders to cooking at home, ordering delivery from restaurants, and eating quickly, in fast-casual or quick-serve restaurants,” Buffalo Wild Wings CEO Sally Smith wrote in a letter to shareholders earlier this year... Beer penetration fell 1% from 2016 to 2017 in the US market, while both wine and spirits were unmoved, according to Nielsen ratings.

My 5 Worst Productivity Mistakes

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From Brooks Digital : A few years ago I was in a serious battle with overwhelm at work. I was constantly feeling stressed about all the different projects that needed to be moved forward. While my inbox tugged me in five different directions, I had this ever-present feeling of guilt about the things I knew I really should be doing, but kept putting off. And even when I wasn't working, the stream of notifications, emails, and texts kept me half-present with my friends and family. It was exhausting. I knew there had to be a better way. So I set out to find the root of the problem and learn how to get more of the right things done without my responsibilities having an iron grip over my mind 24/7. And while I'm still not perfect, I've grown tremendously. I’m in control of my schedule, can be more present with my friends and family, and I’ve canned the nagging guilt...

Automation and technology can create jobs, not just take them

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From LinkedIn : Robots are going to take our jobs, they say. I say, "Only if that's what we ask them to do!" Technology is the solution to human problems, and we won't run out of work till we run out of problems. Entrepreneurs need to set their sights on how we can use big data, sensors, and AI to create amazing human experiences and the economy of the future, making us all richer in the same way the tools of the first industrial revolution did. Yes, technology can eliminate labor and make things cheaper, but at its best, we use it to do things that were previously unimaginable! What is our poverty of imagination? What are the entrepreneurial leaps that will allow us to use the technology of today to build a better future, not just a more efficient one? Great entrepreneurs like Jeff Bezos and Elon Musk are using technology to do more, not just to do the same thing more cheaply. That is the secret both to business success and to making the world more prosperous.