Millennials and Heavy Industry: Three Hard Truths (And One Massive Opportunity)
An Executive Brief Prepared by AJ Murphy, Alex Manse and JJ Sauter of The Sinclair Group
Legacy heavy industry businesses (energy, manufacturing, chemicals/petrochemicals, pulp & paper, etc.) are woefully underprepared to recruit and retain the Millennials who will be running their businesses in the next 20 years.
We outline three critical culture/mindset shifts that senior leadership must make today in order to turn Millennials into tomorrow’s competitive advantage.
To read more, download the Executive Brief.
Download Executive Brief
You’ve probably seen a study, paid for a consultant or will see at least a dozen articles this month that talk about your company culture. You likely acknowledge that it impacts your long-term financial performance in some way.
But synthesizing insights into culture against things you likely care the most about today — performance, profitability, production, asset protection or predictability — is something many people write about but few can actually do.Continue Reading…
One of the key components of a world-class operating team is clear direction in the form of operations management guiding principles. When building a team, establish a set of norms and review them frequently and hold team members accountable. These are not vague, high-level statements designed to make everyone feel good. On the contrary, they’re specific, actionable values and beliefs discussed and adopted by the team. Member buy-in is important, as everyone must be willing to stand behind these principles and demonstrate them regularly. Continue Reading…
Mega-plant startups rank among the biggest manufacturing industry challenges: Commissioning capital projects in complex environments, communicating with large groups of contractors across the globe and staying on time and budget can prove immensely challenging, even with the best of intentions. Continue Reading…