“King Richard” is a movie about Venus and Serena’s dad, Richard Williams. I remember watching their rise in tennis and was fascinated by this movie that followed their path to success. Their father was a large driving force behind their successful careers. So in this unique episode of MakingChips, we talk about 7 takeaways from King Richard and how they can be applied to the manufacturing world. If you want to rise to the top, you have to make chips. Because if you’re not making chips, you’re not making money. BAM!
There’s so much wisdom my generation needs to extract from our older colleagues before they retire. Many young people in this industry are naive because it takes time and experience to master a trade. I don’t want someone to retire and still have lingering questions I wished I would’ve asked. That’s why we NEED to document the wisdom of our elders. So how do I extract wisdom from my colleagues before they retire? In this episode of MakingChips, we talk through a few ideas you can use to learn as much as you can from your expert machinists.
We’d like to hear from you—How would you extract knowledge from peers? Reach out to info@MakingChips.com
How do gaming, programming, and the world of a machinist look intersect? In this episode of MakingChips, Steve Courchane—the CNC Samurai—shares his “origin story,” talks about how programming and gaming are aligned, and how to apply gamification to machining to motivate employees. Because if your employees aren’t making chips, you aren’t making money! BAM.
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If your business has been slow-growing or stagnant, can you ramp up your growth? Matthew Nix would know—he’s grown his family business by a 100x multiple and spent seven straight years on the Inc. 5000 list. But how do you grow from a small mom-and-pop shop to an acquisition and growth machine? In this episode of MakingChips, Matthew shares how they’ve scaled their business with a three-prong strategy and how you can, too.
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Today’s episode of MakingChips is recorded at a special LIVE Tri-State Manufacturing Alliance (TSMA) event in conjunction with the Evansville Regional Economic Partnership. We are joined by three amazing panelists:
Each panelist shares their perspective on the importance of taking care of your people, implementing the right processes, and how to compel and measure performance. We also have the pleasure of announcing this year's Manufacturing Excellence Award. Don’t miss out on a unique perspective from manufacturing leaders in the trenches!
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What do you do when an employee resigns? How do you handle their departure in a dignified way? What do you do when you have to let someone go? You have to handle each scenario differently—and sometimes gingerly. So in this episode of MakingChips, we walk through navigating the exit process. Paul Van Metre joins us to share how ProShop ERP can make the transition easier.
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What do you expect from your employees? Do you expect them to think like an owner? Or just clock in and get their work done? Are they compensated for your expectations? In this episode of MakingChips, we’ll cover the bonus incentive plan I’ve structured for my core team. I’ll share the goals of the program, how to determine what behaviors to incentivize, what the reward(s) will be, and an easy way to manage it. Don’t miss it!
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As our team begins to grow at Carr Machine & Tool, I believe it’s time to hire for a middle management position. But what is middle management? What does a middle management role consist of? Will implementing this role truly solve our problems? Jason helps me talk through the challenges I’m facing in this episode of Making Chips!
Any tips, tricks, or ideas to help me through this? Reach out at Jim@MakingChips.com. I’d love to hear from you!
How do you keep corporate culture alive when your workforce is completely remote? How do you focus your company on your values, mission, and goals? When a thriving company culture is crucial to retaining your employees, it can’t be neglected. We dissect this problem we’re facing because of the COVID pandemic—and 6 possible ways to promote and maintain your unique company culture—in this episode of MakingChips.
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Is the labor shortage accelerating automation? Why is there a perception that automation is both risky and complex? How do you lead your elders with authority yet humility? To dovetail—or not to dovetail? These are the questions that we hash out with Michael Gaunce, the VP of Sales for Tooling and Workholding at SCHUNK. We take a deep look into the technical side of workholding and automation in this episode of Making Chips. Now is the time to embrace automation. Because if you’re not making chips efficiently, you’re not making money!
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MakingChips is NOT a cult of personality. We want MakingChips to be about the Metalworking nation. We want to interview you. We want to talk about your problems and how to solve them. We hope we equip, inspire—and sometimes entertain—you. With that being said, some BIG changes are coming. What will the future of MakingChips hold? Listen to this episode to hear our game-changing update for the Metalworking nation.
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We want to bring on three new hosts of three NEW shows. If you believe you have a podcast the Metalworking nation can benefit from, connect with us. Send us a pitch at info@makingchips.com. Share a description, your history, and why you believe it can become a monthly show. You may just become a member of the MakingChips podcast family!
Your people are the most important part of your business. If they’re not, they should be. When you hire someone, it’s always with the hope that they’ll become a long-term part of the family, right? So you need to cultivate a workplace culture they want to stay and thrive in. So in this episode of Making Chips, we’ll share nine simple tactics that you can implement immediately to transform your company culture.
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What are the things you HATE about meetings? Moving into 2022, would you like to have better, more productive meetings that don’t waste time and actually get things done? The MakingChips team is discussing the issue on this episode based on a book Nick read recently, called, “Death By Meeting.” Learn 3 steps you can take to make your meetings powerful for 2022.
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This is NOT another goal-setting podcast episode. You know, the kind that explains how to effectively set goals for the year… this one is about WHY you need to set goals. No tips and tricks. No newest approaches and apps. We’re going to talk about the impact goal-setting can have on your life and business. Jim and Nick come along for the discussion because this is something important to me, personally. We’re going to cover eight reasons annual goals will benefit you, so be sure to listen.
BAM!
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In our previous conversation with Jeff Taylor (episode 292) we introduced the idea of ESOPS (Employee Stock Ownership Plans) as a way to give true ownership to your manufacturing business employees. We invited Jeff back for this episode to tell us more of the journey he’s been on with ESOPs and discovered that the outcome was more than he could have imagined.
Going back to the beginning of the process for Jeff, he has spent his adult life working for others and adding value to their companies. But he never received any sort of extended value or equity in the company. His experience led him to think about how he could develop cultures and attitudes among working teams that enabled them to truly have ownership in the company (in terms of mindset AND equity). That’s when the idea of ESOPs (Employee Stock Ownership Plans) came onto his radar. This episode explores the topic in greater detail and will open your mind to how your manufacturing business could be organized to leave a legacy through your employees.
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The “Great Resignation” as it’s been called, has created a wide variety of circumstances that have impacted the American workforce. 55% of workers making under $30K/year say they will be looking for a new job soon. Has this impacted manufacturing? If so, what can we do as manufacturing leaders to mitigate the impact? This episode focuses on what leaders can and should be doing to build the kind of loyalty that will sustain their companies and provide a culture and experience for team members that is “sticky,” keeping them around for years to come.
BAM!
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There is a paradigm shift happening in the industry: many skilled machinists are retiring. As these long-term skilled machinists are leaving, they’re leaving with intellectual legacy knowledge that’s irreplaceable. Do procurement people sourcing machining parts know what the processes and procedures look like? Do they know the difference between a fabricated, turned, or machined, or five-axis part? What can we do as owners to mitigate the problem or offer solutions? We dive into the discussion in this episode of Making Chips!
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Finding Solutions to the Supply Chain Chaos, #293
What is the root cause of the supply chain crisis? How can manufacturing businesses mitigate those risks and find realistic solutions that work in the short and long term? Tom Hilaris—the President & CEO of Ergoseal—joins us to share the three things they focus on: risk mitigation, communication, and culture. In this episode of Making Chips we offer real, practical solutions your business can implement to overcome the supply chain chaos. Because—after all—if you’re not making chips, you’re not making money! BAM!
– Jason
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What is an employee stock ownership plan ESOP? How does it work? How can it transform the buy-in of your team and lead to revenue growth? Jeff Taylor—the President and CEO of Crafts Technology—implemented an ESOP. Listen to this episode to hear about the impact it had on his business—and figure out whether or not it’s right for yours. Employee buy-in can lead to profitability which can lead to Making Chips! BAM!
– Jim
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– Jason!
What are your tips and tricks for the hiring process? Let us know! Send an email to info@MakingChips.com!
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What factors should you consider when forecasting? What questions do you need to ask to determine your next steps? Who gets to make those decisions? We walk you through some common questions to ask yourself—and your company—about your business. We’ll also cover Miles and Snow's Typology of Defender, Prospector, Analyzer, and Reactor to see how your type impacts your decision-making process. Learn a great process to forecast and set goals in this episode of Making Chips! Now is the time to look ahead! BAM!
– Nick
If you have a great methodology for forecasting, let us know! Shoot us an email at info@MakingChips.com!
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Nick jokes that I have a recession obsession—and it’s true. Recessions are painful. I want to make the experience less painful when a recession comes around again. So in this down-to-earth episode of Making Chips, I’ll share the common causes of most recessions and 8 tips you can use to prepare yourself—and your business—for a recession. Preparedness is key to helping your business survive and thrive. Because after all, if you’re not making chips, you’re not making money. BAM!
– Jim
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In round three with Titan Gilroy, we talk about why Titan decided to move his entire business from California to Texas. Was it a smooth transition? Was he able to retain his entire team? Titan also shares more of the “why” behind his business and his passion for serving his audience. Titan continues to go above and beyond the expected as he grows his academy. Listen to learn more. BAM!
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