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Experiencing Accelerated Growth. September 10 th , 2014. Premise. Is “manufacturing” a good place to be working? Are U.S. based companies able to compete? What will the U.S. manufacturing landscape look like in the next 10 years?. Challenge today’s assumptions .… -lack of capital equipment
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Experiencing Accelerated Growth September 10th, 2014
Premise Is “manufacturing” a good place to be working? Are U.S. based companies able to compete? What will the U.S. manufacturing landscape look like in the next 10 years? • Challenge today’s assumptions .… • -lack of capital equipment • -shortage of skilled labor • -access to money • -Work Ethics • -retirement
ABBCO Inc. 2401 American Lane Elk Grove Village, IL 60007 ph: 630-595-7115 fax: 630-595-6431 Info@abbcoinc.net
‘Latent’ Capacity What significance would there be to exposing 15~25% capacity within any manufacturing operation? What effect on…. backlogs? deliveries? Sales Department with shorter deliveries? Cash flow? Prices that could be charged? The immediate need for capital equipment? Would they have any reason to lose any orders based on price or delivery? Reputation in the marketplace?
Accountability Alone we can do so little; together we can do so much -Helen Keller An attitude of accountability lives at the heart of any effort to improve quality, satisfy customers, empower people, build team, create new product, maximize effectiveness and get results. –The Oz principle
A Sense of Urgency Create a Sense of Urgency. Help others feel a gut-level determination to move and win, now Complacency - It's a state where people fail to react to signs that action must be taken, telling themselves and each other, "Everything is fine.“ False urgency - People are busy, working-working-working, but their actions don't contribute toward profitable result. True urgency - People are clearly focused on making real progress every single day. Urgent behavior is driven by a belief that the world contains great opportunities and great hazards. It inspires a gut-level determination to move, and win, now.
Scheduling Board Tool Results in creating; Accountability and sense of urgency Think… ‘relay race’
Managing Change Progress … baby steps Status Quo …..It gets easier
Results and Next Steps • ABBCO Inc. • Performance measures • Original lead time was (6) weeks... While customer base expected (4) weeks or better…. Today it is 2.5 weeks. • Their staff is more accountable…. And exhibit a higher sense of urgency. • Their Sales department responded by putting the company on track to double their sales in September. • ABBCO Inc. has the potential of experiencing the most profitable year in it’s 63 yr history based on the (2) month initiative with Kitagawa-NorthTech Inc. So let me ask you? What do you want your growth to be next year? Contact Kitagawa-NorthTech Inc. to obtain more background behind the ABBCO story and/or set-up an appointment to discuss how your organization too may “Experience accelerated Growth”.
Q&A.. Thank you -Joe, Tim & Kenn