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The European economy is in the midst of the deepest recession since the 1930s, with real GDP projected to shrink by some 4% in 2009, the sharpest contraction in the history of the European Union. Although signs of improvement have appeared recently, recovery remains uncertain and fragile. Aside from intervention to stabilise, restore and reform the banking sector, the European Economic Recovery Plan (EERP) was launched in December 2008 to restore confidence and bolster demand through a coordinated injection of purchasing power. The overall fiscal stimulus, including the effects of automatic stabilisers, amounts to 5% of GDP in the EU.

Source:

 

http://ec.europa.eu/economy_finance/publications/pages/publication_summary15885_en.htm

Field/Sector:

Managerial practices

Year:

2009

Publisher:

Directorate General for Economic and Financial Affairs

Language:

English

Copyright:

Yes

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The phrase 'Think Global, Act Local' was first used in the context of environmental challenges - in order to improve our impact on the environment, it is more effective for an individual to reduce their own energy consumption than wait for global action. But what about in the context of business? Big companies such as McDonalds and Honda are successful on a global scale, but their products have to be tailored to the requirements of individual countries. Julian Amey, Principal Fellow at Warwick Manufacturing Group, argues that the key is not only to 'think global, act local', but also to 'share and network totally'.

Source: https://warwick.ac.uk/newsandevents/knowledge/socialscience/thinklocal/

Field/Sector: Managerial practices

Year: 2010

Publisher:

Language: english

Copyright:  yes

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Technology isn’t standing still. But while all of us are used to the rapid pace of change of IT, it might be a surprise to realise just how much ordinary manufacturing technologies are changing, as well. In many instances, that innovation is of course down to leveraging manufacturing technologies with IT capabilities. In other cases, while IT plays a role, the core underlying manufacturing technology represents a genuine advance. But in every case, the technologies that I’m showcasing here are either already being adopted, or close to being ready for mass adoption. And, what’s more, with a clear and evident ROI.

Source: https://www.themanufacturer.com/articles/five-innovative-manufacturing-technologies/

Field/Sector: Manufacturing

Year: 2017

Publisher:

Language: english

Copyright:  yes

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© 2017 AuToMa, Automation, Technology transfer and Managerial practices for the growth of SMEs, a better employability and the promotion of the entrepreneurship.

AuToMa (2016-1-IT01-KA202-005599) has been funded with support from the European Commission.This publication reflects the views only of the author, and the Commission cannot be held responsible for any use which may be made of the information contained therein.

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