Companies that invest in developing their people are seeing the strongest results related to increased profits and productivity and reduced downtime and waste.
DEARBORN, Mich. (PRWEB) January 15, 2015
Committed to raising awareness of the importance of human capital to ensure sustainability of manufacturers in the long-term, Tooling U-SME, an industry leader in manufacturing training and development, is introducing a new white paper, People Power: Human Capital Drives Manufacturing Competitiveness. It is designed to help companies recognize the importance of investing in a well-trained workforce to meet business objectives.
This new complimentary resource, part of Tooling U-SME’s white paper series on workforce development and training subjects, highlights:
- Research demonstrating the importance of human capital for meeting business objectives.
- Industry best practices in training and development.
- Case studies from world-class companies.
“In our work with manufacturers, we see that even if two companies have the same technology, equipment, processes and materials, that does not mean they have the same success,” said Jeannine Kunz, managing director of workforce and education for Tooling U-SME. “Companies that invest in developing their people are seeing the strongest results related to increased profits and productivity and reduced downtime and waste.”
While there are several components to developing human capital, such as talent acquisition, performance management, rewards and recognition, success planning and system/process system design, one critical area is workforce development.
To address this, the white paper outlines how a well-trained workforce is a competitive advantage, allowing companies to drive innovation, customer satisfaction, productivity and growth. A culture of learning, including a structured workforce development program, can lead to engaged and loyal employees, satisfied stakeholders and economic growth.
Now available, Tooling U-SME’s new white paper reveals critical information to help manufacturing executives and leaders make better strategic decisions and more efficiently manage operations. People Power: Human Capital Drives Manufacturing Competitiveness is available at: http://www.toolingu.com/humancapital.
About Tooling U-SME
Tooling U-SME delivers versatile, competency-based learning and development solutions to the manufacturing community, working with more than half of all Fortune 500® manufacturing companies, as well as educational institutions across the country. Tooling U-SME partners with customers to build high performers who help their companies drive quality, productivity, innovation and employee satisfaction. A division of SME, an organization that connects people to manufacturing solutions, Tooling U-SME can be found at toolingu.com, facebook.com/toolingu or follow @ToolingU on Twitter.
SME connects all those who are passionate about making things that improve our world. As a nonprofit organization, SME has served practitioners, companies, educators, government and communities across the manufacturing spectrum for more than 80 years. Through its strategic areas of events, media, membership, training and development, and the SME Education Foundation, SME is uniquely dedicated to advancing manufacturing by addressing both knowledge and skill needs for industry. Follow @SME_MFG on Twitter or facebook.com/SMEmfg.