Risk Management Planning:  A Systematic Approach

Posted by Margo Barr on Apr 20, 2021 7:45:00 AM

If you don’t invest in risk management, it doesn’t matter what business you’re in, it’s a risky business. - Gary Cohn, American Business Leader IBM

2020 taught us two distinct things: organizations are capable of adapting to monumental change, and identifying and eliminating risks must be a central focus for survival. A risk management plan does not need to be extensive and complex. It does, however, need to be approached with a proactive mindset rather than a reactive one.

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Stay Interviews: 3 Essential Skills

Posted by Ashley Beaudoin on Dec 18, 2020 12:50:13 PM

Now that you’ve taken time to investigate the idea on implementing stay interviews to help retain your workforce, to the next step is to explore the types of skills you will need as an interviewer. Being a successful leader includes holding meaningful conversations - a skill that requires effort and practice. Instead, there are a handful of proven skills that transform the ordinary into extraordinary.

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Retain your Workforce with Stay Interviews

Posted by Ashley Beaudoin on Dec 16, 2020 11:42:18 AM

2020 tested companies’ agility and adaptability to the unforeseen. The fortunate companies that were able to keep their doors open, have been learning day by day what is needed to survive and thrive in the future.

One essential piece continues to be pertinent – employees. Employees are the ones who are continuing to generate revenue, produce quality goods, and satisfy customers. Being reminded of this, it is critical to retain those skilled workers during these possible trying times. So, ask yourself, how can you truly make each individual employee a priority? – Through conducting stay interviews.

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Creating a Dashboard

Posted by Mary Hallock on Dec 15, 2020 4:12:34 PM

I think dashboard is an overused, ill-defined word in many enterprises. As I was trying to create visibility into the success and challenges in our operations, I decided that I needed a dashboard (see blog on data). It sounds very simple. Everybody uses dashboards in business these days. Then I started to think about the origin of the dashboard and how that might help me create my own.

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Do you Have Goals?

Posted by Rob Newbold on Dec 14, 2020 11:55:40 AM

When you ask a child want they want to be when they grow up, they will often say: astronaut, teacher, firefighter, or ballet dancer. They have a vision of themselves in the future. Yet, very few children have a plan to get to that vision. The goals are missing.

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Data Overload

Posted by Mary Hallock on Dec 4, 2020 8:30:50 AM

I had an AHA moment the other day. I shouldn’t have, really. What I’m about to reveal should have been painfully obvious. But, as the old saying goes, sometimes we can’t see the forest for the trees. I had been blinded by all the trees standing right in front of me and didn’t realize I was in the middle of a very large forest.

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Manufacturing Leaders Buzz Sessions: Connect on Critical Issues

Posted by Simone Erskine on Dec 3, 2020 10:07:35 AM

2020 highlighted the resiliency and significance of our manufacturers. Illinois manufacturers have been on the forefront as heroes during challenging times, contributing to efforts to become leaders in global competitiveness. Manufacturing leaders understand that in times of uncertainty, it is much better to navigate the unknown together with other forward-thinking leaders who are finding innovative ways to solve current challenges and build a stronger future.

Dedicated to cultivating ideas and sharing knowledge that can help Illinois manufacturers solve challenges and thrive through uncertainty, IMEC launched Manufacturing Leader Buzz Sessions over the summer. Buzz

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Midwest Manufacturers — Make Do, Can Do, Will Do

Posted by IMEC on Nov 19, 2020 11:09:18 AM

An original article from the NIST Manufacturing Innovation Blog.

As a proud son of the Midwest (yes, my family does exchange holiday cheese, and yes, it’s delicious, we have no regrets), I was particularly interested in the National Institute of Standards and Technology’s Manufacturing Partnership Extension (NIST MEP) virtual round table for Midwest manufacturers. All our nation’s manufacturers are important to me and, of course, we at NIST MEP love them all equally, but there’s always a certain extra curiosity about how the home team’s doing, isn’t there? On Aug. 26, 2020, we brought together manufacturers virtually as part of a series of conversations about the impact of the COVID-19 pandemic and the ensuing economic impact. Our goal in hosting these listening sessions, which we call the “National Conversation with Manufacturers,” was to discern how best to support manufacturers through the current uncertainty and beyond.

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7 Essential Traits to Build a Resilient Growth Strategy

Posted by IMEC on Nov 16, 2020 2:27:01 PM

This is an original article written by Katie Rapp, Writer/Editor for the MEP National Network.

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Questions and Topics to Reduce Variability and Improve Visibility in this Ever-Changing New Normal

Posted by David Boulay on Aug 10, 2020 8:56:19 AM

Perhaps you’ve seen the meme that described 2020 as a unique leap year with 29 days in February, 300 days in March, and 5 years in April. The days and weeks have seemed to drag on – and it's only the middle of 2020. And who’s to say what will unfold in the coming weeks? It has been incredibly challenging to look 30 days ahead, let alone 12 months. You’re left wondering what’s next and when will things settle down.

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