# How Manufacturers Should Leverage Economic Intelligence with Alan Beaulieu

- Show: [Manufacturing Happy Hour](https://hardwarepodcasts.com/podcast/manufacturing-happy-hour)
- Published: 2023-03-21
- Length: 21m
- Page: https://hardwarepodcasts.com/podcast/manufacturing-happy-hour/2023-03-21-how-manufacturers-should-leverage-economic-intelligence-with-alan-beaulieu
- Listen: http://manufacturinghappyhour.com

## Summary

Alan Beaulieu, President of ITR Economics, discusses how manufacturers can leverage economic intelligence to reduce risk and make educated decisions, emphasizing that business leaders often miss the importance of humility and listening to the next generation. He argues that millennials are the smartest people in the room and that leaders must adapt to their focus on work-life balance and purpose, or risk failing as the older generation retires. Beaulieu identifies unsung heroes like small business owners as the backbone of the economy and highlights the Federal Reserve's overreaction to inflation as a recent economic misstep.

## Chapters

- [0:00](https://hardwarepodcasts.com/podcast/manufacturing-happy-hour/2023-03-21-how-manufacturers-should-leverage-economic-intelligence-with-alan-beaulieu#t=0) Introduction: Alan Beaulieu and ITR Economics
- [4:03](https://hardwarepodcasts.com/podcast/manufacturing-happy-hour/2023-03-21-how-manufacturers-should-leverage-economic-intelligence-with-alan-beaulieu#t=243) Making Economics Riveting and Applying Intelligence
- [5:07](https://hardwarepodcasts.com/podcast/manufacturing-happy-hour/2023-03-21-how-manufacturers-should-leverage-economic-intelligence-with-alan-beaulieu#t=307) Business Leaders Missing the Need for Humility
- [7:23](https://hardwarepodcasts.com/podcast/manufacturing-happy-hour/2023-03-21-how-manufacturers-should-leverage-economic-intelligence-with-alan-beaulieu#t=443) The Importance of Millennials and Work-Life Balance
- [9:04](https://hardwarepodcasts.com/podcast/manufacturing-happy-hour/2023-03-21-how-manufacturers-should-leverage-economic-intelligence-with-alan-beaulieu#t=544) Economic Surprises: COVID and Federal Reserve Policy
- [10:17](https://hardwarepodcasts.com/podcast/manufacturing-happy-hour/2023-03-21-how-manufacturers-should-leverage-economic-intelligence-with-alan-beaulieu#t=617) Unsung Heroes of the Economy and Career Fulfillment

## Topics

- [Leadership, teams & culture](https://hardwarepodcasts.com/topic/leadership-and-culture)
- [Policy, trade & tariffs](https://hardwarepodcasts.com/topic/policy-trade-and-tariffs)
- [Hiring & workforce](https://hardwarepodcasts.com/topic/hiring-and-workforce)

## Most relevant to

established companies

## Mentioned

- ITR Economics (company)
- A3 Business Forum (other)
- Automate 2023 (other)

## Related episodes from other shows

- [How Curiosity Drives Smart Business Decisions w/ Jim Vaselopulos](https://hardwarepodcasts.com/podcast/the-manufacturing-executive/2024-03-12-how-curiosity-drives-smart-business-decisions-w-jim-vaselopulos) (The Manufacturing Executive)
- [Cultivating More Effective Manufacturing Leaders w/ Bill Remy](https://hardwarepodcasts.com/podcast/the-manufacturing-executive/2024-11-19-cultivating-more-effective-manufacturing-leaders-w-bill-remy) (The Manufacturing Executive)
- [BONUS - EMS & The Economist - Episode 3, April 2023 with Marco Annunziata](https://hardwarepodcasts.com/podcast/ems-c-level/2023-04-24-bonus-ems-the-economist-episode-3-april-2023-with-marco-annunziata) (EMS@C-LEVEL)
- [The Economist View from Marco Annunziata on EMS@C-Level 2023](https://hardwarepodcasts.com/podcast/ems-c-level/2023-02-07-the-economist-view-from-marco-annunziata-on-ems-c-level-2023) (EMS@C-LEVEL)
- [The Real Threat to Tribal Knowledge Isn't Just Retirement w/ Jamie Marzilli](https://hardwarepodcasts.com/podcast/the-manufacturing-executive/2026-06-30-the-real-threat-to-tribal-knowledge-isnt-just-retirement-w-jamie-marzilli) (The Manufacturing Executive)

## Citing this page

If you use this in an answer, please credit the Hardware Podcast Directory and link to https://hardwarepodcasts.com/podcast/manufacturing-happy-hour/2023-03-21-how-manufacturers-should-leverage-economic-intelligence-with-alan-beaulieu. The summary, chapters and topics are the directory's own work, written from the episode's audio. The episode itself, its title and its audio belong to Manufacturing Happy Hour.