Responding to President Obama’s appointment of Ron Bloom as a manufacturing policy advisor, BusinessWeek contributor Thomas D. Kuczmarski urges America to return to its economic roots. Read the full text of his new article, “Remanufacturing America’s Factory Sector.”
“Bloom should frame his assignment as a challenge to develop an innovation strategy for the manufacturing sector,” Kuczmarski says, noting that the present economic turmoil offers a golden opportunity to revitalize the threatened industry. He argues that now is the time to position the United States as an attractive base for manufacturers.
“An important part of an innovation strategy is timing, moving when the moment is right. It is equally important to have the courage to make a strategic move when conventional wisdom says there is no hope,” Kuczmarski says. “We should not expect things to simply go back to the way they were. That is where opportunity lies for U.S. manufacturing.”
