Manufacturing the Future

The US Council on Competitiveness’ Deborah Wince-Smith on the I5 of Innovation and How the Concept Applies to Fostering Growth

May 24, 2024

Deborah Wince-Smith, President of US Council on Competitiveness, discusses merging digital and physical worlds in manufacturing, talent shortages, AI's role in innovation. Emphasizes restoring work pride, public-private collaborations for future-proofing industry.

30:18

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Episode guests

Deborah Wince-Smith

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Episode notes

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Quick takeaways

Integrating digital technologies with traditional manufacturing processes enhances national security in advanced manufacturing.

Addressing talent shortages by restoring pride in manufacturing work is crucial for industry competitiveness.

Deep dives

Archeological Perspective on Competitiveness Policy

Drawing parallels between archeology and competitiveness policy, the podcast highlights the importance of integrating various factors like tax policies, regulations, trade, technology, and skilled workforce in a cohesive system. Just as archeologists piece together disparate information to understand past cultures, competitiveness success lies in the synergistic combination of diverse elements rather than relying on a single solution.

Introduction

3min

A Journey through Diverse Paths: From Archeology to Leadership in Competitiveness

3min

Innovations and Challenges in Modern Manufacturing

16min

The Power of Partnerships and Workforce Development in Manufacturing

7min

Closing Remarks on Connecting with the National Council on Competitiveness

2min

Deborah Wince-Smith, President and CEO of the United States Council on Competitiveness, has made it her life’s work to foster partnerships in driving the future of manufacturing, restore the dignity of work, and ensure the United States maintains its competitive edge.

The Council on Competitiveness is a leadership organization that includes CEOs, university presidents, labor leaders, and directors of national laboratories. With over 20 years as a senior official in the US government, Deborah was the first senate-confirmed Assistant Secretary for Technology Policy at the Department of Commerce and Assistant Director for International Affairs for the Reagan administration.

On our recent episode of the Manufacturing the Future podcast, Deborah, who is also the president of the Global Federation of Competitiveness Councils, talks about the frontiers of advanced manufacturing, emphasizing its impact on national security. She highlights the integration of digital technologies in traditional manufacturing processes and discusses the challenges and opportunities facing the industry today, including talent shortages.

Topics

The merging of digital and physical worlds in modern manufacturing processes.
The pressing competitiveness issues facing the manufacturing industry today, including restoring the pride of work in manufacturing to address talent shortages.
The role of technology, especially AI, in driving efficiency and innovation in manufacturing.
Fostering a culture of innovation and partnership for success in the manufacturing sector, both as a nation and at the company level.
Strategies for leaders who want to stay ahead of trends and changing technologies in the industry.
The importance of partnerships, education, and community involvement in shaping the future of manufacturing.

Resources

National Council on Competitiveness website