Business leaders want predictability so they can plan long term, and dozens of polls show that they don’t like President Donald Trump’s on-again, off-again tariff policies because they’re disruptive.
Knowing, however, that certainty is almost always an illusion for manufacturers and no long-term plan survives contact with the market, leaders need to focus on the things that they can control, a panel of experts said on May 7 during a webinar hosted by IndustryWeek, Foundry Management & Technology, New Equipment Digest, Plant Services, Smart Industry, American Machinist and Material Handling & Logistics.
“There’s no leader on this call who would say that they’ve run their business through certain times,” said Rebecca Homkes, a lecturer at the London Business School Executive Education and author of Survive, Reset, Thrive: Leading Breakthrough Growth Strategy in Volatile Times. “I think we're in an industry that's always had a period of change.”