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Creative Destruction, EV Bankruptcy and Covering Up Poorly Controlled Processes: IndustryWeek's Weekly Reads

June 30, 2023
Also, the latest words of wisdom from the IndustryWeek Talent Advisory Board and six actions CEOs should avoid.

Believe it or not, we're halfway through 2023. A lot has happened in the manufacturing space, and we have been doing our part to keep the IndustryWeek community apprised of ongoing events. The week's IW Weekly Reads, which showcases the top-performing content over the past seven days, shows the diverse topics attracting attention. From Lordstown Motors' bankruptcy filing to a look back at an energy revolution, the breadth of news and information attracting readers this week has been expansive. 

We invite you to catch up with the top-performing articles: 

25 Years Ago, an Energy Revolution Was Born: How a 34-year old petroleum engineer working for Mitchell Energy in Texas helped unleash one of the biggest waves of creative destruction in the modern era.

EV Start-Up Lordstown Files for Chapter 11 Bankruptcy: The company is also suing its former partner Foxconn for breach of contract.

Can Manufacturers Provide Too Much Customer Value: The practice of ‘gold-plating’ is problematic when it’s used as a cover for poorly controlled processes.

International Women in Engineering Day: Hear Hear From the Professionals: Celebrating its 10th year, INWED's 2023 theme is #MakeSafetySeen.

Your Staff Needs You to Delegate Responsibility to Them: Talent Advisory Board: It's easy to say leaders should hand off tasks to their teams, but it's a lot harder to let go and trust people to perform, manufacturing leaders say in response to our June question.

Learning to Delegate Is Critical to Lead Teams and Develop Staff, IW Talent Advisory Board: It's easy to say leaders should hand off tasks to their teams, but it's a lot harder to let go and trust people to perform, manufacturing leaders say in response to our June question.

Canoo Sticks to 2023 Production Target: The electric vehicle startup had a tough 2022, but executives expect factories to have a production capability of 20,000 by the end of year. (From April 2023)

Widespread Lean Adoption Would Make the US More Competitive: Manufacturing productivity has been in decline for the last 20 years.

Six Actions CEOs Should Never Take with Their Boards of Directors: It's a tough balancing act, but there are clear lines that everyone should respect.

So That Happened: AI Doesn’t Scare Manufacturing Workers, Reality Check for EV Demand, Metallurgist Shortages: IndustryWeek editors look into those stories and the latest drama from 3D Systems/Stratasys/Desktop Metal and Nano Dimension; Purdue finding partners in Taiwan; rare examples of civil debates and useless car care suggestions.

Editor's Choice

Doing the Math to Unlock Intelligence from Supplier Quotes: With some well-placed equations and a little extra time, you can make better-informed decisions.

Crazy Cars: A Brief History of Automobile Innovation: EVs may be driving the current waves of innovation, but automotive companies were thinking big well before today. 

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