And lower-paid workers, especially, find it hard to get a new job in a different sector.1 Viewed from a macroeconomic perspective, the industrial jobs lost in the United States are more than compensated for by job growth in other sectors. What’s more, consumers are benefiting from having access to cheaper goods from China.
Through ongoing and regular dialogue, this process will in turn help management to be better informed about how their proprietary models compare to the range of practices currently in use so they can better prioritize where enhancements are needed.