Jim and Jason are back in the studio to start their new series on process by talking about the Entrepreneurial Operating System. This podcast series on process is designed to help you evaluate your current processes and determine where in your company new ones can or should be implemented. During this episode, Jason talks about the EOS process and how he has applied it at Zenger’s Industrial, Black Industrial and Safety Supply, and at MakingChips. As they discuss EOS, Jason and Jim also give some helpful tips for starting your own process journey.
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EOS is a set of concepts and tools designed to help leaders and organizations get better. It includes the best business practices and process, combining them into a single system. EOS focuses on vision, traction, and health to help companies solve their problems and experience progress. Listen as Jason shares how the Entrepreneurial Operating System has benefited his teams during this podcast.
During this episode, Jim and Jason discuss the six components of the EOS. Each component is vital to growth and health. The first component is vision. Everyone in the company needs to know where you are going and how you are going to get there. Vision gives your company a common objective and defines success. EOS helps by giving eight questions for leaders to answer that will help them cast a vision.
The second component of the EOS is having the right people in the right positions on your team. In order to move forward, you have to have a team that is aligned with your core values. Hiring the right people first requires creating an organizational structure. Many companies structure their companies around the personalities already on the team. Jim and Jason talk about the importance of conflict management and solving problems methodically. Hear more about all 6 of the components during this episode.
Knowing about a process like EOS isn’t enough. If you want to experience the benefit of such a process, you have to take a step and start implementing it. So how do you do that? Jim and Jason give some advice for how to begin utilizing a process like EOS. They also discuss how to experience the best results and how quickly change can happen. Be inspired to take a step in evaluating and upgrading your processes as you listen to this episode of MakingChips.
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On this special Thanksgiving episode of MakingChips, the Metalworking Nation shares what they are thankful for. While Jason and Jim usually address the challenging issues that manufacturers deal with, on this episode they step back and make some space to express gratitude for the good things in life. You wrote in and shared what you were thankful for and many of those are read many on the show.
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Jason and Jim kick off the show by sharing the things they are thankful for. While they admit that there are difficulties and struggles in life, they have great perspective to know that in the grand scheme of things, they are blessed. Jim shares how he has learned to make adjustments in life and leadership and the difference that has created. Even small changes can have a huge impact. They also give credit to their wives for their grounding and success.
Consider for a moment what you would’ve done for a career had you not gone into manufacturing? Where would you be if you hadn’t started in this challenging industry? During this episode, Jim and Jason discuss that very question. Listen as they both guess what they think the other would’ve done for a career. Thankfully, both Jim and Jason became leaders in the manufacturing industry and started encouraging and inspiring manufacturing leaders through the MakingChips podcast.
On this episode, you will hear several members of the metalworking nation share about what they are thankful for. As you listen, take some time to think about how you might give thanks during this Thanksgiving season. Kaleb Mertz shares some of the email responses from MakingChips listeners and past guests. While not everyone could be featured, the ones that are shared on the episode are inspiring and encouraging.
One highlight of the episode comes from Steve Zenger, Jason’s dad. He wrote in to share his gratitude for his family and friends. You can hear the emotions and sentiment in his response. There are many other great submissions that include gratitude for co-workers and teams, technology, success in business and family. Listen to hear some great people giving thanks on this episode of MakingChips.
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It’s time for you to start dialing in manufacturing processes that can revolutionize your business. Manufacturing is challenging. But MakingChips is here to help through every aspect of running and growing your business. One of the best ways to jumpstart productivity and success in your company is by evaluating and implementing processes. Manufacturers are inherently process-oriented people. Once you understand the processes you have and the ones you need to add, you are on the way to taking your company to the next level.
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Edwards Deming said, “If you can’t describe what you are doing as a process then you don’t know what you are doing.” Needless to say, processes are important. MakingChips is launching a series on the podcast that is all about dialing in processes for manufacturing leaders. Over the next few weeks, Jim and Jason will address how you market and sell, how you produce and how you manage your finances. Upcoming episodes will include discussions about the most critical areas of business that manufacturing leaders deal with every day.
Even the thought of processes for some manufacturing leaders can seem daunting. You may feel like you don’t have the time or bandwidth to deal with them because you are trying to run a business. Jim and Jason talk about the 3 Ps of running a successful company, which includes people, product and process. Each one of the three legs of the business stool is important. Failure to address one can lead a gap in your company that could cost you money and opportunity. However, optimizing core manufacturing processes can take your business leadership to the next level. The new MakingChips series will help you face your process fear.
What do you do once you’ve decided to jump in and start evaluating the value of manufacturing processes in your company? What are the steps to improvement? During this episode, Jim and Jason share how to implement core processes. One of the keys is to involve a team of people so that you aren’t trying to bear the load alone. Jim even encourages the smallest shops to get together weekly to talk about the difficulties and areas of growth in their shops.
So many companies have unwritten processes that are guiding their operations daily. Those undocumented processes can be streamlined. You can start dialing in manufacturing processes by beginning at the 30,000-foot view and zooming in as you get more comfortable. The purpose of the upcoming series is to help ignite the flame in manufacturing leaders to start implementing processes in their companies. Doing so can propel you to greater levels of success.
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Welcome to the MakingChips IMTS2018 wrap up podcast, recorded live from the final day of the show with guests Larry Turner, President and CEO of Hannover Fairs USA and Peter Eelman, Vice President of Exhibitions & Business Development at AMT. After a long and exciting week, Jim and Jason reflect on some of the trends and themes that emerged from the show and discuss some of the takeaways for manufacturing leaders. IMTS2018 proved that it is an exciting time to be in the manufacturing industry.
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The future of manufacturing lies in the hands of young men and women who have not even graduated high school yet. Investment in next generation leaders is critical to seeing continued success in the manufacturing world. IMTS2018 displayed its commitment to students this year, drawing over 20,000 student registrations. The entire lower level of the C hall was devoted to students, including exhibit space and conference rooms. Students are increasingly interested in the unique machinery and technology that makes up modern manufacturing.
This year, there were over 130,000 registered attendees, an all-time record for IMTS. Why did so many people come to this event? Even though manufacturing is challenging, it is also seeing unprecedented growth. IMTS is capitalizing on the momentum that the rapid growth and change of the industry is ushering in. Peter Eelman describes how he sees the industry changing and how that change is having a positive impact on manufacturing in the United States.
Upon reflection, IMTS proved to be a great representation of manufacturing as a whole. There was an excitement and energy at this year’s show that is prevalent throughout the entire industry. Peter Eelman believes that there is a sea change in attitude and culture. He says, “There is going to be continued growth in U.S. manufacturing. There is a desire to make things locally and closer to home.” He also thinks that shows like IMTS will stem the tide in the skills gap and will continue to foster interest in the industry.
IMTS is meant to serve as a catalyst for manufacturing leaders. The real work begins when you get back home and start building a strategy for how to implement necessary adjustments for future growth. Both Peter Eelman and Larry Turner encourage manufacturing leaders to focus on learning. Mobilize your team to learn as much about the technology and opportunities on the horizon so that you can start implementing changes effectively.
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