MiMfg Magazine January 2017 | Page 13

Manufacturers ’ Top Concerns

January 2017 MiMfg Magazine 13
Manufacturing ’ s Biggest Challenges i
Talent / Workforce Development 65.52 %
Benefits / Health Care Growing Revenue Increasing Profits
Government Regulations Improved Culture / Motivation
Succession Planning
36.21 % 32.76 %
26.72 %
22.41 % 21.55 % 18.97 %
Biggest Barriers to Business Growth i
Health Care Costs Talent / Workforce Development
53.98 %
76.99 %
Taxes 43.36 %
Regulatory Compliance 30.09 %
Environmental Compliance
17.70 %
Greatest Talent Challenge ii
Recruitment
35.96 %
Knowledge Transfer Employee Retention
Training Existing Workforce
12.28 %
17.54 %
21.93 %
Best Way to Address Talent Challenge ii
Attracting People to Train 34.78 %
Attracting Workers Already Trained 25.22 %
Relationship Building with Educators / Local Partners 9.57 % i
Survey participants could select up to three responses ii
Survey participants were limited to one response