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American Management Association Releases New Research on How Organizations Are Progressing with Artificial Intelligence, Though Many Employees Feel Left Behind

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2 years ago

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NEW YORK, March 19, 2025 /PRNewswire/ — Even compared with the most groundbreaking technologies of the past, the accelerating advancement and transformative impact of artificial intelligence is unprecedented. This begs the question: Are organizations and their employees coping with AI as fast as they need to at such a pivotal moment? According to recent research, there is cause for concern.

American Management Association (AMA), a world leader in professional development, recently surveyed 1,100+ individual contributors, managers and senior leaders throughout North America to gain insights into how they are contending with AI in their organizations.

“Many if not most organizations understand the incredible opportunity AI presents when its potential is recognized and embraced,” says AMA President & Chief Executive Officer Manny Avramidis. “Businesses that invest in training their employees and develop strategic AI plans are more likely to gain a competitive edge, drive innovation and improve efficiencies. Taking proactive steps now is essential to reduce the risk of falling behind.”

Last year AMA’s survey on AI in the workplace indicated that the vast majority of North American organizations had not yet harnessed AI technologies and weren’t prepared to do so. A year later, this trend has shifted. By December 2024, many more organizations were leveraging AI, developing strategies and implementing governance. These initiatives are producing significant benefits.

The research also showed that many employees (57% of respondents) feel “behind” in keeping up with AI. In fact, less than half, 49%, have received training in AI. In addition, 44% of respondents said AI tools are being used without a centralized approach.

Despite the progress made, many organizations need to catch up, and fast.

The survey results also indicated progress. According to Avramidis, “Organizations started to take AI much more seriously in 2024.” Survey respondents in 2024 were much more at ease with how their managers are handling AI. Nearly two thirds (63%) said they trust managers to use AI fairly and with transparency, compared to about one third (34%) last year. The results also showed that AI earns greater trust among employees when their organizations establish a strategy for governing and managing it. 

Despite AI’s growing popularity and effectiveness, AMA’s research suggests that more professionals need to be trained in AI, as well as opportunities and guidance enabling them to implement what they have learned. In addition, essential business skills come into play in doing so.

“AI is a tool that lets people use their time more efficiently and work more intelligently,” explains Avramidis, “but these new responsibilities require more advanced skills in other areas as well.”

Indeed, when asked which soft skills would help them apply AI more effectively, survey responses included such core business skills as problem solving (53%), communication (51%), analytical skills (49%) and critical thinking (47%).

A real-world problem in terms of implementing these changes is the fact that many organizations simply may not have the time or resources to devote to harnessing AI’s benefits.  So what can they do to make sure they’re not left behind?

AMA’s research suggests the answer is to embrace AI even if it means starting small. For example, using simple tools such as ChatGPT to brainstorm and collaborate on a regular basis can help raise awareness and alleviate uneasiness with the technology.

The survey also made clear that knowledge workers are hungry for learning and development. “Training is essential,” says Avramidis, “but it’s important to remember it’s an ongoing process.  People need opportunities to apply what they have learned, so they can see the impact learning has on their everyday lives.”

By doing so, organizations can improve employees’ confidence in using AI tools and empower them to adjust and adapt to ever-increasing change in the business world.

For over 100 years, American Management Association (AMA) has helped millions of people, through its world-class training and development programs, bring about positive change in their performance in order to improve business results. Learn more: www.amanet.org

Read our complimentary Whitepaper, Organizations Make Progress Adopting AI but Many Employees Feel Left Behind.

Media Contact:
Lauren McNally
lmcnally@amanet.org

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SOURCE American Management Association

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AMETEK Declares Quarterly Dividend

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19 minutes ago

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November 6, 2026

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BERWYN, Pa., Nov. 6, 2026 /PRNewswire/ — The Board of Directors of AMETEK, Inc. (NYSE: AME) declared a regular quarterly dividend of $0.34 per share for the fourth quarter ending December 31, 2026.

This fourth quarter dividend is payable December 18, 2026 to shareholders of record as of December 4, 2026.

Corporate Profile:
AMETEK (NYSE: AME) is a leading global provider of industrial technology solutions serving a diverse set of attractive niche markets with annualized sales of approximately $9.0 billion. The AMETEK Growth Model integrates the Four Growth Strategies – Operational Excellence, Technology Innovation, Global and Market Expansion, and Strategic Acquisitions – with a disciplined focus on cash generation and capital deployment. AMETEK’s objective is double-digit percentage growth in earnings per share over the business cycle and a superior return on total capital. Founded in 1930, AMETEK has been listed on the NYSE for over 95 years and is a component of the S&P 500. For more information, visit www.ametek.com.

Contact:
Kevin Coleman
Vice President, Investor Relations and Treasurer
kevin.coleman@ametek.com
Phone: 610.889.5247 

View original content:https://www.prnewswire.com/news-releases/ametek-declares-quarterly-dividend-302931168.html

SOURCE AMETEK, Inc.

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EchoPark Automotive Teams Up with Owen Wilson for Its Largest Campaign

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20 minutes ago

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November 6, 2026

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Campaign launches Nov. 8 during NFL broadcasts, bringing “Every Car, Happy Owner” to more shoppers

CHARLOTTE, N.C., Nov. 6, 2026 /PRNewswire/ — EchoPark Automotive is teaming up with Owen Wilson as its new spokesperson for the largest single-brand marketing investment in its history, launching Nov. 8 during Sunday NFL broadcasts in EchoPark markets.

The campaign follows Wilson through the familiar frustrations of buying and selling a car before he discovers EchoPark’s approach: quality vehicles, compelling value, and a happier experience. New store advertising features Wilson celebrating grand openings with a confetti cannon, bringing the brand’s “Every Car, Happy Owner” promise to new communities.

“The idea of getting a good car at a fair price hits me right here,” said Wilson, pointing to his heart. “I’ve definitely found the car-buying experience stressful in the past. EchoPark is about great cars, at great prices, sold by really great people. So, I’m excited and revved up to bring this campaign to life.”

Every EchoPark vehicle undergoes a 190-point inspection, more inspection points than leading national competitors. Vehicles are typically priced up to $3,000 below the competition, while offers to purchase guests’ cars can be up to $2,000 higher than competing offers.

Ninety-three percent of EchoPark’s customer reviews are five-star, the highest proportion of any national vehicle retailer. That record supports the brand’s promise of the Best Car Buying Experience in America. Each guest works with a dedicated Experience Guide throughout the purchase, with clear vehicle pricing and no haggling.

“We have built a brand that delivers outstanding cars, exceptional value, and an experience our guests overwhelmingly recommend,” said David B. Smith, Chairman and Chief Executive Officer of Sonic Automotive, EchoPark’s parent company. “Now we need more people to know what they’re missing.”

EchoPark’s research shows only about 15% of shoppers know the brand. After learning about its quality, value, and guest experience, shoppers show a 14X increase in consideration, putting EchoPark among the top retail brands they would choose for their next vehicle purchase. Research involving more than 2,000 in-market consumers also found positive responses to EchoPark’s message, offering, and Wilson as spokesperson.

“Owen gives more people a reason to discover EchoPark. Our job is to make sure they’re glad they did,” said Jeff Dyke, President of Sonic Automotive. “That means a great car, a fair price, and teammates who make buying easier. That’s how we deliver on ‘Every Car, Happy Owner.'”

The campaign spans television, streaming, online video, social media, digital display, streaming audio and outdoor advertising, including YouTube, Amazon streaming platforms, paid social and billboards in participating markets. It connects shoppers with EchoPark’s inventory and vehicle offers through its website, new mobile app and local stores.

Watch the inflatable salesmen and confetti cannon spots, plus the behind-the-scenes video here.

A new app and a new market

EchoPark’s new mobile app brings another way to shop. Its Car Spotter visual search feature lets users photograph a vehicle and find similar options among EchoPark’s inventory of over 5,000 vehicles. A service locator connects owners with nearby Sonic Automotive-owned dealerships for service. The app is available through Apple’s App Store and Google Play.

EchoPark will enter Orlando this December, its 15th market, bringing its quality, value, and guest experience to Central Florida. The brand currently serves Atlanta, Birmingham, Charlotte, Colorado Springs, Dallas, Denver, Houston, Las Vegas, Nashville, Phoenix, Raleigh, Sacramento, San Antonio and St. Louis, with two locations each in Denver, Houston and San Antonio.

Watch the campaign on EchoPark’s YouTube and social channels. To find your next car or get an offer for your current vehicle, visit EchoPark.com.

About EchoPark Automotive

EchoPark Automotive, a subsidiary of Sonic Automotive, Inc. (NYSE: SAH), offers high-quality pre-owned vehicles through a guest experience built around compelling value and personal service. Learn more at EchoPark.com.

About Sonic Automotive

For more than 60 years, Sonic Automotive has pursued a purpose of fulfilling dreams, enriching lives and delivering happiness for guests and teammates. Founded in 1966 by Bruton Smith, the Fortune 300 company is led by Chairman and CEO David B. Smith.

More than 11,000 teammates serve guests across 174 automotive and powersports franchises in 146 locations, 90 cities and 20 states, representing 24 automotive and 15 powersports brands. The company has helped more than 7 million guests purchase vehicles, delivered over 40 million service experiences and earned more than 1 million 5-star reviews.

Sonic Automotive was the only automotive and powersports retailer recognized by Newsweek as one of America’s Most Trustworthy Companies in 2026. Its mission is to innovate, lead with integrity and create exceptional experiences that inspire confidence, build lifelong relationships and positively impact every life it touches.

Sonic Automotive. Driven By People. Inspired By Purpose. Learn more at www.sonicautomotive.com and ir.sonicautomotive.com.

Press inquiries
Sonic Automotive Media Relations
media.relations@sonicautomotive.com

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SOURCE Sonic Automotive

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FIRST BANK EXPANDS CHARLOTTE PRESENCE WITH NEW SOUTHPARK BRANCH AND OFFICE

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20 minutes ago

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November 6, 2026

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Strategic investment strengthens First Bank’s presence and supports growth in the Charlotte market

CHARLOTTE, N.C., Nov. 6, 2026 /PRNewswire/ — First Bank, a subsidiary of First Bancorp (NASDAQ: FBNC), announced the opening of its new SouthPark branch and office, marking an important milestone for the bank and a significant investment in its continued growth in Charlotte.

“Charlotte has been an important part of First Bank’s growth, and our investment in SouthPark reflects our long-term commitment to this market,” said Adam Currie, CEO of First Bank. “We’ve assembled an exceptional team here and built strong relationships with the clients and communities we serve. This new location gives our team greater resources to serve our clients, pursue new opportunities and strengthen our position in the market.”

That momentum is backed by strong financial performance and national recognition. In 2026, First Bank was named to Forbes’ inaugural list of the World’s Top Performing Banks, which evaluates financial institutions using objective measures including profitability, growth and earnings quality, capital and funding resilience, and asset quality and efficiency. Earlier in the year, First Bank was ranked No. 14 among U.S. public banks with more than $10 billion in assets by S&P Global Market Intelligence, based on 2025 financial performance across measures of growth, profitability, safety and soundness.

“SouthPark represents an exciting next step for our team and the clients we serve,” said Andrew Griffin, SVP, Regional Executive for Charlotte. “We bring deep experience in this market and a commitment to understanding each client’s needs and delivering the right solutions. This new space allows us to elevate that experience while continuing to build lasting relationships across the region.”

The SouthPark location will offer a comprehensive range of financial services, including commercial and business banking, personal banking, lending and wealth management solutions. The expanded office space will also support First Bank associates serving clients across the Charlotte market. SouthPark reflects the continued evolution of First Bank, pairing a strong regional presence with the people, expertise and resources to serve a growing market well into the future.

About First Bank
First Bank is the banking subsidiary of First Bancorp and is headquartered in Southern Pines, North Carolina, with total assets of approximately $13.2 billion. As a state-chartered community-focused bank, First Bank operates 113 bank branches in North Carolina and South Carolina. Since 1935, First Bank has taken a tailored approach to banking, combining best-in-class financial solutions and helpful local expertise to help customers achieve their dreams. First Bancorp’s common stock is traded on the NASDAQ Global Select Market under the symbol “FBNC.” Visit www.LocalFirstBank.com to learn more. Member FDIC, Equal Housing Lender.

View original content to download multimedia:https://www.prnewswire.com/news-releases/first-bank-expands-charlotte-presence-with-new-southpark-branch-and-office-302930958.html

SOURCE First Bank

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