‘Sell More Stuff’ Isn’t a Long-Term Strategy

Despite continued worldwide uncertainty, manufacturers are putting their collective short-term hope for growth into new products, strategic acquisitions and alliances, and emerging markets, according to a recent report from KPMG. The firm's annual Global Manufacturing Outlook, which surveys 220 executives from global companies, pegs the top priorities for the coming two years on top-line growth,…

Questions for Philips

Just when you thought a company was on track, another flurry of news forces a pause and raises the obvious question: What's really going on there? The spotlight falls again on {complink 4267|Royal Philips Electronics N.V.} Last week, executives told analysts that they were simultaneously deepening their cost-cutting efforts and reconfirming 2013 financial targets. A…