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Methods Announces Mark Wright as President & CEO

Methods Machine Tools Inc., a supplier of precision machine tools and automation, announced that its Board of Directors has appointed Mark Wright as its President and Chief Executive Officer effective September 13, 2019. Wright will assume all operating functions of Methods Machine Tools Inc., including the Sudbury headquarters and all seven direct offices throughout the United States as well as its national distribution network.

Machines on Display at Doosan International Machine Tool Fair 2019

Pine Brook, N.J.-based Doosan Machine Tools America will feature an extensive collection of products at the 2019 edition of the Doosan International Machine Tool Fair (DIMF). A total of 80 machines will be on display, including 38 new or upgraded models. The event will take place at Doosan’s machine tool factory in Changwon, South Korea, May 15-17.

Five Suggestions for How to Retain Tribal Knowledge

What is tribal knowledge and why should a company care? It is valuable, exclusive information stored only inside someone’s mind and communicated only verbally (if at all). The “someone” may have played an important role in an organization for decades and knows a thing or two that the company treasures yet cannot duplicate.

To Prepare for Blockchain, First Check These Three Things

The value-add of blockchain for businesses is estimated to grow into the trillions by 2030. Experts believe product recalls alone—estimated to cost $8 million today—could be practically eliminated through improved track and traceability enabled by blockchain.