It is not unusual for multiple members of a family to work at the same business. However, such situations can be troublesome if the relationships give rise to suspicions of favoritism or unfair treatment. We see this a lot in family business, government, everywhere. After all, it’s in our human nature to help those we love and who are like us but is it good for the business? What should your company do to avoid nepotism?
"Growing up [in the family business], you were very cognizant of the fact that employees thought you were being treated in a different way." - Jim Carr
On this episode of MakingChips, Jim & Jason share their experiences with family in the business and lay out 7 different ways to avoid nepotism in the workplace.
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How is digital manufacturing going to affect the modern machine shop?
On this episode of MakingChips, we are joined by Jeff Rizzie, Senior Manager of Business Development at Sandvik Coromant. Jeff talks with us about the next phase of digital manufacturing and what changes we can expect to see in the future in terms of process improvement and efficiency. He also shares some key steps to help you start digitizing in your manufacturing shop. In manufacturing news, we talk about open-book management and what one firm is doing to help implement that system. Also discussed is the highly anticipated Mastermind Series and Workshop, as well as the upcoming IMTS 2016.
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We are happy to announce that this is the first episode of MakingChips shot entirely with video. We want to thank Chuck Shroeder and IMTS for coming to our studio and making all of us look good. Video segments of this episode are soon to come.
On this episode of MakingChips, we have the pleasure of sitting down with Cassie Haupers, Vice President at Swiss Precision Machining. SPM is an ISO 9001:2008 certified company that serves many different industries including: medical, dental, aerospace and automotive and fiber optics industries. Growing up in the manufacturing world, Cassie wants to continue her family tradition and build the business for the next generation.
Topics of discussion in this week's episode include: Cassie's history and background with SPM, SPM's expansion into a new facility, driving and defining company culture, overcoming bumps in the road, succession planning, communicating your vision to your company, women in manufacturing, and working with family.
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On part 2 of this episode of MakingChips, we continue our discussion with Bill Strauss, Senior Economist at the Federal Reserve Bank of Chicago. Topics discussed in this episode include the world economy, energy prices and their impact on manufacturing, borrowing and loans, education, growth rate, future economic trends, and the millennial generation.
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On part 1 of this 2 part episode, we have a conversation with Bill Strauss. Bill is a senior economist and economic advisor in the economic research department at the Federal Reserve Bank of Chicago. His research papers include analysis of the manufacturing sector, the automotive sector, the Midwest regional economy, the trade-weighted dollar, business cycles and Federal Reserve payments operations.
Bill shares his experience working with the Federal Reserve Bank of Chicago and how it relates to manufacturing. We also discuss the highly anticipated MakingChips Mastermind and Workshop series, Jim shares his experience working with SkillScout, and we discuss the future of automation in Manufacturing News.
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Today on MakingChips: We welcome a very special VIP guest to our show, Sean Holt - President for the Americas at Sandvik Coromant. Sean has more than twenty years of engineering, business development and management experience. He is currently responsible for Sandvik Coromant's organization in North and South America. Sean shares his background with us, his history with Sandvik, and weighs in on what he believes defines a great manufacturing leader. We also discuss the importance of communication, the future of cutting tools, and what we can do to change the perception of manufacturing. Jim and Jason talk about MakingChips' highly anticipated Mastermind Series & Workshop, and we share more information about the upcoming International Manufacturing Trade Show (IMTS 2016).
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We're all familiar with Murphy's Law; "Anything that can go wrong, will go wrong". We've talked about this extensively in a previous MakingChips episode on crisis management, but what can you do to make sure that your manufacturing company is covered in the event that something goes wrong?
"It's not a matter of if, it's a matter of when."
From equipment breakdowns, to customer and employee claims of injury, you need to be equipped with the knowledge of what kind of coverage you'll need for the challenges you face as a Manufacturing Leader. The reality is that many manufacturers have limited knowledge on the subject, and are often hesitant to reach out to their insurance agency. What can the metalworking nation learn from the insurance industry?
On this episode of MakingChips, we talk about insurance and risk management with Marc Alberico and Steve Lorenzini of The Daniel and Henry Company. Marc and Steve share their extensive knowledge of risk solutions for the manufacturing industry and provide an answer to a MakingChips listener's question. In manufacturing news, we talk about the future of automation and it's business implications.. Jim and Jason share details of two very special MakingChips events as we look forward to IMTS 2016.
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Today on MakingChips: We are coming to you from the Sandvik Coromant Headquarters located in Fair Lawn, New Jersey. On this episode, we have a conversation with special guest Troy Stashi, Industry & Application Specialist in Automotive/Milling at Sandvik Coromant. Troy shares his expertise on several different topics including milling, efficiency, and trends in machining. In manufacturing news, we talk about HP's cutting edge 3D printer. We also discuss our upcoming MakingChips events including our live broadcast from the floor of IMTS 2016.
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There is an old adage that has been floating around the business world for ages; “you should never do business with friends". If you’ve never worked together with your friend, it can be difficult to translate their skills from a social context into a business one. That doesn’t mean that you should refuse to start a business relationship with friends and family.
On this episode of MakingChips, we ask the question: can you have close relationships with vendors and clients? Jim and Jason discuss their personal experiences and lay out some hypothetical situations about doing business with friends. We also talk about the continued popularity of the retro movement and its effect on manufacturing. Also discussed is recent news with Tesla Motors, the MakingChips Mastermind & Workshop series, and IMTS 2016.
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When it comes to starting up your own business, it isn’t always easy finding the the right space for exploring, creating, and developing your new ideas. What if you could assemble a community of like-minded people in a place where you can share ideas, be inspired, and collaborate with other creators.
"It started with four or five people, grew to 400, and now we've built a physical home for that community." - Bill Fienup
On this episode of MakingChips, we sit down with Bill Fienup, co-founder of Catalyze Chicago. Catalyze is a creative and collaborative workspace, equipping its members with state-of-the-art tools, industry mentorship, manufacturing support, and investment networks. With a focus towards business start-ups, Catalyze has become Chicago’s premier center for product development and commercialization. Bill shares his brush with internet fame, his inspiration for building Catalyze, and why he believes a maker space like Catalyze should be in every community. We also preview IMTS 2016 and share some of what our listeners can expect from MakingChips at the event.
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There are several options when it comes to selling one of your old machines. Some are more convenient than others, but might offer you less money than what you expected. With a little bit of added effort, you can get the most money out of your old machine. On this episode of MakingChips, Jim shares his steps for creating a successful eBay campaign. We also talk about the upcoming IMTS 2016, Chicago restaurants, and the problems the U.S. faces in manufacturing.
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The Manufacturing Industry of today looks a lot different than it did 20 or 30 years ago. Modern machine shops are safe, clean working environments; equipped with high-tech machinery. Unfortunately, there is still a stigma associated with manufacturing as a "dirty" and "dark" profession. So how do we change this perception amongst our youth? Or perhaps more importantly, their parents, whose misperceptions of the industry might lead them to believe that a four-year college degree is the only sure route to a rewarding career.
"To change people's minds and to change the perception [of manufacturing], it's the youth that we need to be educating."
-Kelly Burr
On this episode of MakingChips, we welcome our guest Kelly Burr, Executive Director of the Shop Rat Foundation. The Shop Rat Foundation is a non-profit organization with a mission to ignite interest in manufacturing careers among our nation’s youth, through development of innovative educational tools, curriculum and outreach programs and in partnerships with schools, community groups, companies and industry associations. We also discuss manufacturing news, IMTS 2016, and how to start a similar hands-on program in your community.
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There is an old saying: “Expect the best, prepare for the worst.” It’s not something we want to think about, and it can be a difficult topic to discuss. Crises don’t happen very often, but when they do occur, they tend to have significant consequences. Without a well-thought out, strategic plan, your business is at risk of being completely caught off guard should a disaster happen.
"Know that a crisis will happen at some point. It's just a question of how big it is or how small it is. The trick is being prepared."
- Scott McPherson
On this extended episode of MakingChips, we talk Public Relations with Scott McPherson, Principal at McPherson Public Affairs Group. Scott also shares some important tips on crisis preparation, including steps you should take to properly manage a crisis in your manufacturing shop. In Manufacturing News, we discuss the resurgence of vinyl records and it’s impact on record manufacturers. We also speak on the phone with Peter Eelman, Vice President - Exhibitions and Communications, AMT, about this year’s upcoming International Manufacturing Technology Show.
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Throughout history, successful individuals such as Andrew Carnegie, Henry Ford, and Thomas Edison all met with groups of like-minded people on a regular basis, to help one another achieve common goals and grow. Today, this concept is called a “mastermind”, and is very well known amongst successful business owners. In fact, many consider some concept of a mastermind group as a critical part to maintaining a healthy network.
"Whether it's a problem that you need to solve, whether it's creating and implementing goals, and just supporting each other through hard times. I think its necessary for every manufacturing leader to be a part of some kind of group like that. I'm going to say it... It's necessary."
- Jason Zenger
On this episode of MakingChips, we talk about what a mastermind group is, how it can benefit you and your manufacturing business, and what steps you can take to form one. We also talk manufacturing news and preview the upcoming IMTS 2016.
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We come to you from two separate locations (Dallas & Chicago) on this remote episode of MakingChips. Today we talk about establishing and exploring your manufacturing company’s niche. Jim and Jason share their idea of what niche means to them in their respective companies. In Manufacturing News we discuss Five Vital Steps to Set Up a Successful Manufacturing Business. We also recap the TMA’s 90th annual meeting, and introduce a new MakingChips partnership.
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On this special episode of MakingChips, we recap the 2016 Crain's Manufacturers Summit with interviews from several VIP guests. First, we speak with John Sapiente of Elgin Die Mold and Trident Manufacturing about the challenges of running two businesses. Second, we have Jason Scher of Vosges Chocolate who speaks to us about working with your spouse, and the evolution of Vosges Chocolate. We also have a conversation with Tom Pellette of Caterpillar, where we discuss Caterpillar's supply chain relationships with machining companies, as well as the economic future of manufacturing. Lastly, we talk with Sagar Patel of Woodward about their recent expansion, and promoting manufacturing to future generations. At the end of this episode, we recap what we took away from the event.
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Women are the future of manufacturing industry leaders and essential to the success of the industry. However, many women in manufacturing have experienced a gender bias which has excluded them from core managerial roles such as production supervisors and operations managers. Compounding the issue, many people think of manufacturing jobs as dirty, unskilled, back-breaking labor. That’s not the case anymore...
"When the five years had passed and I hadn't done anything, that's when I had to re-evaluate my goals, my decisions, and what I wanted to execute." - Erica Wiegel
On this episode of MakingChips, we have a great conversation with Erica Wiegel, President and Owner of Aro Metal Stamping. Erica shares with us her inspiring story of accomplishing her goals through acquiring a new business. She details the acquisition process, challenges she faced along the way, and lessons she has learned from her experience. We also discuss manufacturing news, WBE certification, associations, and the future of manufacturing.
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A few months ago, we met with Craig Zoberis of Fusion OEM to talk about his company's Core Values. In that episode, we covered the importance of figuring out who you are as a company and what you stand for. More than anything, being a leader is about staying true to the values and principles that you have built your company on. Leadership also imparts the responsibility of holding your vision even as it becomes more tempting to disengage and simply enjoy the fruits of success.
“You come to the point where you’ve hit a ceiling and you need to break through that ceiling. The only way to do that is to really get unified, get focused, and have a clear vision of values that the whole company is following." - Jason Zenger
On this episode of MakingChips, Jim and Jason cover the basics of developing your core values. Jason shares his process of developing ZENGERS' core values with the listeners. We also talk with John Sapiente of Trident Manufacturing, who will be a panelist at the upcoming Crain's Manufacturers Summit.
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Last week, we talked with Frank Holthouse about East Leyden High School’s Metals Program, and how they are providing an environment for students to learn modern manufacturing practices. This week, we continue that discussion. What can we do to spark interest in manufacturing to the younger generation? How can you replicate the success of Leyden’s Metals Program in your own community?
“We need to see more of this in high schools … Those in the industry should be pushing their local high schools (or other outlets) ... to cater to getting more people involved in the world of manufacturing.” - Rob Stuebing
On this episode of MakingChips, we speak with Rob Stuebing. Rob is the Vice-President of Qualiseal Technology and Current Chair of the Leyden Technology Council. Rob talks with us about the inception of the council, the success of the metals program, current objectives for the organization, and enhancing your high school’s metalworking program. We also discuss manufacturing news in the current political climate.
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“We’re very proud of where we are, and where we’ve taken our program since the 1940’s" - Frank Holthouse
An important part of what makes a manufacturing leader successful is their ability to think outside of the box. This line of thinking should also extend to the hiring process. Successful companies are good at bringing the right people into their team, but it isn't always so easy. What if you had the ability to see candidates in action before you made a decision about who to hire?
“Manufacturing has always been sexy... It just needs a generational communications facelift.” - Elena Valentine
This week on MakingChips, we welcome back last week's guest Elena Valentine. Elena walks us through Skill Scout's process of screening, assessing, and recommending candidates through hands-on manufacturing activities. We also discuss the Crain's Midwest Manufacturers Summit, the consequences of declining oil prices, how Skill Scout got involved in manufacturing, the "new" old way of doing things, and steps to finding the right candidate for your business.
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Finding the right person for your company is crucial for building a thriving business. When recruiting for open positions, employers look for candidates with the skills, experience, and demeanor they believe will benefit their company. That said, it isn’t always easy to identify candidates who understand the needs and expectations of the job. What can an employer do to capture and relay their company's culture to a prospective candidate, while showing them exactly what the job entails? How can you more meaningfully connect a candidate to your company?
"This is not just about building your employer brand, this is about getting quality talent in the door, so that you can get them on-board right away and build your business." - Elena Valentine
On this episode of MakingChips, we have a conversation with Elena Valentine, CEO and Co-Founder of Skill Scout. Skill Scout uses an innovative and fresh approach to connect potential employees to companies. Elena shares some of the methods the company uses to match candidates with employers, most notably in the form of video job postings. Also discussed in this episode is the Crain’s Manufacturing Summit and Jim’s recent trip to Jackson, Michigan.
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