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Datwyler opens Delaware plant
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MIDDLETOWN, Del.—The sealing unit of Datwyler Holding A.G. celebrated the grand opening of its new medical manufacturing plant in Middletown. The site represents a $100 million investment,...
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MIDDLETOWN, Del.—The sealing unit of Datwyler Holding celebrated the grand opening of its new medical manufacturing plant in Middletown. MIDDLETOWN, Del.—The sealing unit of Datwyler Holding celebrated the grand opening of its new medical manufacturing plant in Middletown. $MIDDLETOWN, Del.—The sealing unit of Datwyler Holding celebrated the grand opening of its new medical manufacturing plant in Middletown.
Yokohama to combine R&D efforts into new center
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CORNELIUS, N.C.—Yokohama Tire Corp. has opened a new research and development facility in Cornelius, designed to bring together its R&D efforts into one location.Yokohama Development...
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CORNELIUS, N.C.—Yokohama has opened a new research and development facility in Cornelius, designed to bring together its research and development efforts into one location. CORNELIUS, N.C.—Yokohama has opened a new research and development facility in Cornelius, designed to bring together its research and development efforts into one location. $CORNELIUS, N.C.—Yokohama has opened a new research and development facility in Cornelius, designed to bring together its research and development efforts into one location.
Photos: Goodyear tires drive NASCAR tradition
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AKRON—The first thing you sense while you tour the Goodyear Innovation Center Manufacturing facility in Akron is the enormous amount of pride, workmanship and know-how that goes into each of ...
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AKRON—The first thing you sense while you tour the Goodyear Innovation Center Manufacturing facility in Akron is the enormous amount of pride, workmanship and know-how that goes into each of the 4,000-plus racing tires. AKRON—The first thing you sense while you tour the Goodyear Innovation Center Manufacturing facility in Akron is the enormous amount of pride, workmanship and know-how that goes into each of the 4,000-plus racing tires. $AKRON—The first thing you sense while you tour the Goodyear Innovation Center Manufacturing facility in Akron is the enormous amount of pride, workmanship and know-how that goes into each of the 4,000-plus racing tires.
Electrification shaking up rubber auto parts sector
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Electrification is shaking up the automotive parts supply-chain: forcing rubber product companies to add new capabilities to their established areas of expertise in materials science and...
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Electrification is shaking up the automotive parts supply-chain: forcing rubber product companies to add new capabilities to their established areas of expertise in materials science and technology. Electrification is shaking up the automotive parts supply-chain: forcing rubber product companies to add new capabilities to their established areas of expertise in materials science and technology. $Electrification is shaking up the automotive parts supply-chain: forcing rubber product companies to add new capabilities to their established areas of expertise in materials science and technology.
Evonik opens tire silicas plant in South Carolina
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GOOSE CREEK, S.C.—Evonik Industries has inaugurated a precipitated silica plant in South Carolina, aimed at better serving the U.S. tire industry.The $120 million investment comes in...
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GOOSE CREEK, S.C.—Evonik Industries has inaugurated a precipitated silica plant in South Carolina, aimed at better serving the U.S. tire industry. GOOSE CREEK, S.C.—Evonik Industries has inaugurated a precipitated silica plant in South Carolina, aimed at better serving the U.S. tire industry. $GOOSE CREEK, S.C.—Evonik Industries has inaugurated a precipitated silica plant in South Carolina, aimed at better serving the U.S. tire industry.
Long development journey pays off for Tweel, Michelin
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AKRON—For the record, Michelin's Steve Cron isn't a big fan of the name given to the product that has defined much of his 30-year career in the tire industry. That product is the Tweel, the ...
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AKRON—For the record, Michelin's Steve Cron isn't a big fan of the name given to the product that has defined much of his 30-year career in the tire industry. That product is the Tweel, the tire maker's easily recognizable product that combines a non-pneumatic tire with a polyurethane spoked wheel. AKRON—For the record, Michelin's Steve Cron isn't a big fan of the name given to the product that has defined much of his 30-year career in the tire industry. That product is the Tweel, the tire maker's easily recognizable product that combines a non-pneumatic tire with a polyurethane spoked wheel. $AKRON—For the record, Michelin's Steve Cron isn't a big fan of the name given to the product that has defined much of his 30-year career in the tire industry. That product is the Tweel, the tire maker's easily recognizable product that combines a non-pneumatic tire with a polyurethane spoked wheel.
Old Dana taps the fountain of youth
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MAUMEE, Ohio—With little fanfare this year, one of the global auto industry's oldest suppliers began repositioning itself for a business of the future. Dana Inc. has made two key...
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MAUMEE, Ohio—With little fanfare this year, one of the global auto industry's oldest suppliers began repositioning itself for a business of the future. MAUMEE, Ohio—With little fanfare this year, one of the global auto industry's oldest suppliers began repositioning itself for a business of the future. $MAUMEE, Ohio—With little fanfare this year, one of the global auto industry's oldest suppliers began repositioning itself for a business of the future.
Kent Elastomer to expand headquarters
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KENT, Ohio—Kent Elastomer Products Inc. is expanding its headquarters to accommodate its growing work force.The firm broke ground on an extension to the office area of its Kent facility,...
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KENT, Ohio—Kent Elastomer Products is expanding its headquarters to accommodate its growing work force. KENT, Ohio—Kent Elastomer Products is expanding its headquarters to accommodate its growing work force. $KENT, Ohio—Kent Elastomer Products is expanding its headquarters to accommodate its growing work force.
Private equity firm KKR set to acquire Minnesota Rubber & Plastics
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MINNEAPOLIS—Norwest Equity Partners has agreed to sell Quadion L.L.C., which does business as Minnesota Rubber & Plastics, to global investment firm KKR & Co. L.P. Terms of the...
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MINNEAPOLIS—Norwest Equity Partners has agreed to sell Quadion, which does business as Minnesota Rubber & Plastics, to global investment firm KKR. MINNEAPOLIS—Norwest Equity Partners has agreed to sell Quadion, which does business as Minnesota Rubber & Plastics, to global investment firm KKR. $ MINNEAPOLIS—Norwest Equity Partners has agreed to sell Quadion, which does business as Minnesota Rubber & Plastics, to global investment firm KKR.
Video: Miller calls Louisville Rubber Division meeting a success LOUISVILLE, Ky.—This week's ACS Rubber Division's International Elastomer Conference has been a success on all levels, according to Executive Director Ed Miller. LOUISVILLE, Ky.—This week's ACS Rubber Division's International Elastomer Conference has been a success on all levels, according to Executive Director Ed Miller. $LOUISVILLE, Ky.—This week's ACS Rubber Division's International Elastomer Conference has been a success on all levels, according to Executive Director Ed Miller.
Digital Edition
Digital Edition
Published on January 1, 2006

Profitable Behavior

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Date Published January 1, 2006
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This Report has been authored by:Tim Pryce at Profitable Behavior Consultants

This presentation examines how the behavior and actions we take as leaders and managers affect the profitability and cash availability of our businesses. Many managers in all size companies set objectives, goals and measures in place and are then surprised that the result is not achieved. There are always reasons (or excuses) that exist for non-performance. Typically the reason is always blamed on one of 4 employees: a. I thought SOMEBODY else was doing that! b. I thought that was EVERYBODY’s job so... c. NOBODY took responsibility to do the job d. ANYBODY could have performed the task For manufacturing companies to compete effectively, how do we as managers ensure these employees are not on the payroll? Detail: We will examine the behavior of managers and how many accept non-performance rather than challenge or confront issues. Rarely do we wish to confront or ask difficult questions. However, if we introduce a culture where non-performance is openly challenged and develop a society of “necessity being the mother of invention,” then we can find many ways to reduce costs, increase the value of our components, or move into new markets. And we will thrive as manufacturers. To initiate such a culture it takes the managers to examine themselves and question their own performance. Could the manager be responsible for the performance of the business? Should the manager be held accountable for the performance of the business? Isn’t that why managers get rewarded? The presentation asks why we rarely challenge the status quo in business areas such as revenue, cash flow, profit and expenses such as power costs, trash collection, and packaging. 
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