That was the headline in an online Bloomberg/Business Week article on Friday, November 19. It went on to say, “’Creative destruction,’ the term popularized by Austrian economist Joseph Schumpeter, refers to the process by which entrepreneurs introduce innovations that force established businesses to adapt or die. What does the adaptive process look like on the ground? For small business owners across the U.S., in struggling sectors that range from independent amusement park operators to shoemakers, hobby shops, and travel agencies, survival strategies range from severe service cuts to bold expansion.” One of the industries highlighted was the Commercial Print Industry. Continue reading
We recently saw the close of TechPress, the Texas Tech’s inplant operation – which was a significant facility. Over the years, inplants have been demonized and lauded — how you see it just depends on what side of the fence you sit. Print brokers (for lack of a better word) are seen very much the same way, but like them or not, neither brokers or inplants are going to go away — for a variety of factors.
For more thoughts on this subject, check out this article by NAPL consultant and blogger, Howie Fenton.