Podcast appearances and mentions of Bruce Hamilton

Our European Heads of Diversified Financials and Banks Research Bruce Hamilton and Alvaro Serrano discuss the biggest themes and debates from the recent Morgan Stanley European Financials Conference.----- Transcript -----Bruce Hamilton: Welcome to Thoughts on the Market. I'm Bruce Hamilton, Head of European Diversified Financials.Alvaro Serrano: And I'm Alvaro Serrano, Head of European Banks.Bruce Hamilton: Today we'll discuss our key takeaways from Morgan Stanley's 21st European Financials Conference last week.It's Tuesday, March 25th, 3pm, here in London.We were both at the conference here in London where we had more than 550 registered clients and roughly a hundred corporates in attendance. Alvaro, once again, you were the conference chair, and I wondered if you could first talk about the title of the conference this year – Europe's moment. What inspired this and was it a clear theme at the conference?Alvaro Serrano: European banks are probably one of the strongest performing sectors globally. That has been on the back of expectations and prospects of a Ukraine peace deal, expectations of high defense spending, and we were going to German elections. I think it's fair to say that post German elections, Germany has delivered above expectations on the fiscal package. And the announcement was a big boost, at a time where U.S. growth is starting to be questioned. I think it's turning the investment flows into Europe. It's Europe's moment to shine, and hence the title.Bruce Hamilton: And what were some of the other sort of key themes and debates that emerge from company presentations and panels at the conference?Alvaro Serrano: The German fiscal/financial package definitely dominated the debate. But it was how it fed through the PNL that was the more tangible discussion. First of all, on NII – Net Interest Income – definitely more optimism among banks. The yield curve has steepened more than 50 basis points since the announcement together with increased prospects of loan growth. Accelerated loan growth is definitely improving the confidence from management teams on the median term growth outlook. I think that was the biggest takeaway for me.Bruce Hamilton: Got it. And our North American colleagues have been tracking the risks and opportunities for U.S. financials under the Trump administration. How, if at all, are European financials better positioned than their U.S. counterparts?Alvaro Serrano: Ultimately deregulation has been a big theme in the U.S. from the new administration. We've seen tangible sort of measures like the delay in implementation of Basel endgame; and some steps in around consumer legislation – so that we haven't seen [in] Europe.We had events from the supervisory arm of the ECB. And I think the overall message is that there's unlikely to be deregulation on the capital front.What grabbed a lot of the headlines, a lot of the debate was the proposal from the European Commission on Capital Markets Union now rebranded Savings and Investment Union. There's been measures and proposals around savings products, around a reform of the securitization market, which have pretty positive implications. Medium term, it should increase the velocity of the bank's balance sheets, and ultimately the profitability. So, more optimistic on the medium-term outlook.Bruce, I wanted to turn it over to you. The capital markets recovery cycle was a very big topic of discussion, especially given the rising investor concerns lately. What did you learn at the conference?Bruce Hamilton: So, yeah, you're right. I mean, obviously the capital markets cycle is pretty key for the performance of the diversified financial sector – as was clear from investor polling. I would say the messages from the companies were mixed. On the one hand, the more transactional driven models – so, some of the exchanges that the investment platforms – were relatively upbeat, across asset classes. Volume, momentum has been strong through the first quarter of this year. And so that was encouraging.And looking further out – the confidence around some of these secular growth drivers, across the business model. So, data growth, software solutions growth, post-trade opportunities, expanding fixed income offerings were all clear from the exchanges.On the other hand, the business models that are more geared to sort of deal activity, to M&A – sort of private market firms. Clearly there, the messaging was more mixed, given the slower start to the year in the light of tariff uncertainty, which has driven a widening in bid our spread. So certainly there, the messaging was a little bit more downbeat. Though in the context of a still-improving sort of multi-year recovery cycle anticipated in capital markets. So, a pause rather than a cancellation of that improvement.Alvaro Serrano: And what about private markets? Especially in light of the sluggish capital markets activity since the start of the year?Bruce Hamilton: Well encouragingly, I think, you know, investors still had private markets, the private market sub-sector, as the most popular of the diverse vote financial sub-sectors. Which I think you could take to read as meaning that the pullback in shares has already captured some of the concerns around a slower start to the year in terms of capital markets activity.The view of most investors remains that some of the longer-term growth drivers, including increasing allocations from wealth, remain pretty supportive for the longer-term structural growth in the sector. So, I think, some clearly worry that a worsening in credit conditions could still cause share price moves down. But I think generally, we still feel the longer term looks pretty encouraging.Finally, Alvaro, any significant updates on the use of AI within the financial sector?Alvaro Serrano: It definitely came up pretty much in every session because ultimately AI and broader digitization efforts in mass market models like the banks are – is a key tool to improve efficiency. It came up as a key lever to improve user experience and at the same time improve cost efficiency. And when it comes to underwriting loans, it's also a very important tool, although asset quality's not a key theme at the moment.It's a race to embrace, I would say, because it's a key competitive advantage. And if you're not, you fall behind.Bruce Hamilton: Great Alvaro. Thanks for taking the time to talk.Alvaro Serrano: Great speaking with you, Bruce.Bruce Hamilton: And thanks for listening. If you enjoy Thoughts on the Market, please leave us a review wherever you listen and share the podcast with a friend or colleague today.

Morgan Stanley's European Head of Research Product Paul Walsh speaks to Betsy Graseck, Global Head of Banks and Diversified Finance, and Bruce Hamilton, European Asset Managers Diversified Financials Analyst, about the implications of increasing life expectancy for the financial industry.----- Transcript -----Paul Walsh: Welcome to Thoughts on the Market. I'm Paul Walsh, Morgan Stanley's European Head of Research Product, and today we dig into a topic that really affects us all. Retirement.Life cycles are extending as people are living longer, healthier lives. Coupled with government pension funds that are increasingly under pressure, this means that consumers will need to build much more robust investment plans to substitute for salaries to carry them through a longer retirement. And to understand more about the changing financial needs and challenges of an aging population, I'm delighted to be joined by my colleagues, Betsy Graseck, Global Head of Banks and Diversified Finance, and Bruce Hamilton, our European Asset Managers Diversified Financials Analyst. It's Thursday, October the 24th at 3pm in London. Betsy Graseck: And it's 10 am in New York. Paul Walsh: Now Bruce, let's start with you. As people live longer, they will likely spend more time in retirement. Managing and ensuring retirement income over a longer duration could have a significant impact on asset management. What are the broad trends you're seeing in the industry right now?Bruce Hamilton: So, the asset management industry in large part has focused on the accumulation phase of investors journey. Whilst this remains critical as people build assets for retirement – and we see growing allocations from affluent investors to private markets as a trend which is likely to be reinforced by the aging theme – there's a significant need for decumulation products and solutions that can offer returns and income over a prolonged retirement.We see a lot of innovation as asset managers look to develop products to meet this need.Paul Walsh: So Betsy, people are living longer. How ready are consumers for retirement? Are most retirement plans or similar financial services ready to handle this challenge?Betsy Graseck: Some are ready. But given how rapidly the global population is aging, there is an increasing need to provide solutions to individuals. Just to put a number on it, the global population that is 65 years old or older in the year 2000 was only 7 per cent. This is set to hit 10 per cent next year in 2025 and 16 per cent in 2050. All groups need service and advice – with the affluent group needing the most increase in services especially if government pension funds come under more pressure. Paul Walsh: So, I think you set the scene really well there, Betsy, and I guess the obvious question is, how can wealth and financial planners best respond, do you think? Is it by creating new products? Or do we need a much deeper transformation?Betsy Graseck: We see individuals today having a wide range of retirement choices. What we feel they really need here is personalized, customized advice, delivering solutions that can address their unique needs. These span from affluent individuals needing salary replacement strategies to high-net-worth individuals looking for philanthropic and wealth transfer strategies. A focus on integrated, personalized advice, innovative products, and high-quality service that meets clients as they wish to connect effectively will be critical. Paul Walsh: It seems to me that it is – but is this a positive for the financial services sector? And if so, what do you think is the size of this revenue opportunity and over what time period do you think?Betsy Graseck: Well, the way we've looked at this is across the global asset manager and global wealth manager industry, as they will be the ones called upon to address these needs. And we do see a roughly 30 per cent uplift in global revenues by 2028, which equates to [$]400 billion in incremental revenues across the global industry.And that is driven by the expansion of individuals looking for advice, in particular from the affluent group, as well as an increase in fee-based products to address the income needs. Paul Walsh: And there's some big numbers that you've quoted there, Betsy. So let's dig into the financial subsector and industries. What are the biggest untapped opportunities there?Betsy Graseck: Well, the number one is the affluent customer base that we do see having the biggest need for advice, relative to advice seeking today. And as that group, reaches out and receives advice from wealth channels, that is one major driver here. The second driver is the increase in fee-based products to service the income replacement needs.Paul Walsh: And what are the biggest challenges do you think? Obviously, we've talked about the opportunity there, but the biggest challenges to financial services that you see along the way. Betsy Graseck: Well, the way I think about this is what is required to be a winner, and the winners need to be able to integrate their entire organizations to deliver for clients. And also leverage technology efficiently and effectively to be able not only to deliver the highest quality service in the way the client wants to be serviced; but also to optimize cost structures, which then can get reinvested – you know, higher pretext getting reinvested into the business. The challenges are the opposite of institutions that remain siloed and institutions that have, you know, maybe a tech strategy that is not set to respond to the needs of this client set. Paul Walsh: Thanks for that, Betsy; and Bruce, I just want to pivot back to you. Some asset managers are partnering with insurance companies to offer guaranteed income streams and wealth transfer solutions. What are some of the successful models that you've seen so far? Bruce Hamilton: So, asset managers are adopting a range of approaches. Some have acquired insurance subsidiaries, some have taken significant minority stakes, while others have looked to deepen partnerships with insurance. Trade offs include the degree of control versus the capital intensity that ownership of insurance brings. So, we see more than one route, but a continued push towards greater collaboration between asset managers and insurers.Given the potential for the asset managers to access stable, permanent capital, that can then be deployed in a range of investment strategies to offer diversified sources of income via private or structured credit to support returns for the end insurance clients. Theoretically, the best place models to deliver retirement solutions will have elements of wealth advice, plus a hybrid asset management insurance product approach. Given the importance of providing investors with regular and variable income, a guaranteed minimum level of income, plus an ability to generate a return to offer potential for legacy to pass to heirs.Paul Walsh: And of course, Bruce, it's very difficult to talk about product innovation, without bringing in the topic of AI. As asset managers are working to create ever more personalized retirement solutions as we've heard, how and to what extent do you think they are leveraging AI?Bruce Hamilton: So, our interviews with a range of management players confirmed that many of the potential use cases being worked on 12 months ago have now been put into production. It's still early days, and so far, most use cases are focused on areas that can drive efficiencies. So, for example, in RFP report writing, synthesis of research, and some of the middle and back-office processes for asset managers. But over time, AI can clearly feed more bespoke client service by wealth and asset managers with areas such as customized investment proposals and financial planning offering potential.Paul Walsh: Fascinating topic. Betsy and Bruce, thank you so much for taking the time to talk. It's clear that increasing lifespans are reshaping the financials sector by driving product innovation, influencing asset allocation strategies, and, of course, creating new market opportunities. And to our listeners, thanks as always for taking the time to listen in. If you enjoy Thoughts on the Market, please do leave us a review wherever you listen to the show and share the podcast with a friend or colleague today.

My guest for this bonus episode of the Lean Blog Interviews Podcast is Bruce Hamilton, who is joining me on the show for the first time. Bruce is a renowned figure in the Lean world, serving as the President of GBMP Consulting Group and Director Emeritus for the Shingo Institute. As a senior examiner and certified workshop facilitator for the Shingo Prize, Bruce brings a wealth of knowledge and experience. He is also a past recipient of the Shingo Prize in both business and academic categories and has been inducted into both the Shingo Academy and the AME Manufacturing Hall of Fame. During our conversation, Bruce reflects on two major milestones: the 25th anniversary of the now-classic "Toast Kaizen" video and the 20th year of GBMP's Northeast Lean Conference. He shares the humble beginnings of "Toast Kaizen," filmed in his kitchen with the help of his two-month-old son, and its unexpected success. We also discuss the evolution of the Northeast Lean Conference, from its modest start to an event that now attracts Lean thinkers from across the country. Bruce talks about the upcoming conference theme, “Leveraging Lean to Thrive,” and how Lean principles can help organizations overcome uncertainty, especially in today's challenging times. The podcast is brought to you by Stiles Associates, the premier executive search firm specializing in the placement of Lean Transformation executives. With a track record of success spanning over 30 years, it's been the trusted partner for the manufacturing, private equity, and healthcare sectors. Learn more. This podcast is part of the #LeanCommunicators network. 

Join us as we chat with Bruce Hamilton, General Partner of Everybody Ventures. Bruce's journey from Live Nation and A&R at Epic Records, to startup founder himself, on to his current role in VC provides the backdrop for our discussion. We talk about the current investment landscape for music tech startups – noting the pivot towards more selective funding and the need for VC to focus on truly viable opportunities. With this in mind, Bruce shares advice on crafting a compelling investor pitch, and articulating your story so that it resonates emotionally with investors. The Music Tectonics podcast goes beneath the surface of the music industry to explore how technology is changing the way business gets done. Visit musictectonics.com to find shownotes and a transcript for this episode, and find us on LinkedIn, Twitter, and Instagram. Let us know what you think!

We discuss Bruce Hamilton's 'Too Much of Water', chapters 9-12. Just when you thought the murderer was done, one more body finds itself committed to what we presume are watery depths. As the Goyaz ventures towards its last port of call, Edgar's list of suspects grows implausibly small, but will it point him in the right direction? A hearty twist and help from on high rattle the boat through to the conclusion of this gruesome voyage. We're also joined by Martin Edwards, chair of The Detection Club, crime fiction historian, and author, to talk about how Bruce Hamilton is one of the genre's 'nearly men', and continue our discussion on how the themes in Bruce's writing evolved over the years.

In this live stream episode, host Mark Graban introduces a panel of experts discussing the upcoming Future of People at Work Symposium.   The event is co-sponsored by nine organizations, including the Lean Enterprise Institute, GBMP Consulting Group, and the Shingo Institute.   Panelists Josh Howell, Bruce Hamilton, and Ken Snyder share their perspectives on the symposium's goals, emphasizing the need to address the evolving workplace and workforce dynamics. They highlight the importance of focusing on people in the face of technological advancements and the necessity of fostering a collaborative environment to adapt to future challenges.   The panelists provide an overview of the symposium's structure, which will include interactive sessions focused on workplace evolution, technology integration, and supply chain transformation. Unlike traditional conferences, this event aims for active participation, encouraging attendees to engage in collaborative problem-solving. The speakers stress the importance of continued dialogue and collaboration within the lean and improvement communities to address the ongoing changes in the work environment. The symposium, set to take place in Detroit on July 18 and 19, 2024, is presented as a crucial step in creating a more meaningful and effective future of work.

We discuss Bruce Hamilton's 'Too Much of Water', chapters 5-8. The deaths keep adding up - a child drowned by the pool, and a man found drowned in a bath. Only two suspects have alibis that make them possible suspects, but neither seems a likely culprit, so which way does the finger of blame point? Our unlikely detective Edgar is stuck on a boat with a serial killer, a friend under suspicion, and no clue as to when the killing spree might end. I suppose we might as well plan a concert to keep everyone calm. We're also joined by Martin Edwards, chair of The Detection Club, crime fiction historian, and author, to talk about how Bruce Hamilton is one of the genre's 'nearly men', and the missing link he provides between the Golden Age of Detective Fiction, and the era he wrote in.

We discuss Bruce Hamilton's 'Too Much of Water', chapters 1-4. Flex is back, and it's time to dive into a water-based mystery aboard the Goyaz. Edgar Cantrell is bound for Barbados, and all manner of high society find themselves aboard the boat together. Singers, cricketers, barristers, and of course military-man Major Major. One too many bumps on a stormy night signals the pre-emptive departure of boat-enthusiast Mr. Rottentosser. Soon, the crew summons our unlikely hero Edgar to play detective to figure out how such an able seaman went overboard, and what other dooms may befall this voyage. We're also joined by Fantasy Author Samantha Shannon, to talk about religion, character motivations, and how her deep political intrigue in the 'Roots of Chaos' series represents its own game of whydunnit. Samantha is in town for the Sydney Writers Festival, and you can find the details of her talks here.

The perspective from our recent European Financials Conference looked positive for UK markets, loan demand and M&A activity. Our European heads of Diversified Financials and Banks Research discuss.----- Transcript -----Bruce Hamilton: Welcome to thoughts on the Market. I'm Bruce Hamilton, head of European Diversified Financials Research.Alvaro Serrano: And I'm Alvaro Serrano, head of European Banks Research.Bruce Hamilton: And on this episode of the podcast, we'll discuss some of the key takeaways from Morgan Stanley's just concluded 20th European Financials Conference. It's Thursday, March 21st at 3 pm in London.Alvaro, we were both at the European Financials Conference in London. More than 100 companies attended the event. 95 percent of the attendees were from CE level management. There was a lot to take in.Investor sentiment heading into the conference seemed noticeably more upbeat than last year's, thanks in part to stronger-for-longer net interest income (NII), an M&A cycle that is heating up, attractive capital returns, and increasing activity in private markets.Now you were the conference chair, Alvaro. And you have a unique overview of this event. What's, in your view, the single most important takeaway?Alvaro Serrano: Thanks, Bruce. Look, I think for me that if I had to summarize in two words is ‘risk on.' I think the tone of the conference has been positive almost across the board. The lower rate outlook has increased market confidence. And corporates were pointing that out. They've seen stronger activity, so far this year, in many product lines. They've called out loan demand being stronger. They've called out debt capital market activity being stronger. They've announced M&A -- we know is up strongly and asset management inflows are up strong as well. So yes, a strong start to the year - confidence is back, and I would summarize it as risk on.Bruce Hamilton: Got it. And in terms of the other key themes and debates that emerged from company presentations at the conference.Alvaro Serrano: Yeah, look, I think the main themes following up from what I was saying earlier are: First of all, I would say leadership change. Within the sector, we've been calling for leadership change in our outlook. And I think what we heard at the conference supports this. So, given market activities coming back, I think a lot of investors were more keen to look for more resilient revenue models; maybe less peripheral banks, less NII retail-centric banks. And looking for more fee growth that could benefit from that market recovery.The second point I would point out is UK. There's definitely a change in sentiment around the UK in the polling questions. It came out as a preferred region, and I think what's behind that preference is that we're seeing an inflection point in NII.And I think the third and final theme for me is investment banking and wealth recovery. Look, wealth may not recover already in Q1. But as this confidence builds up, we definitely expect inflows to pick up in the second half, both in quantity and margin.Bruce Hamilton: So, based on your own work and what you heard at the conference, what's your overall view on the financial sector and what drives that from here?Alvaro Serrano: We continue positive the sector. Look, the valuation is depressed. The multiples, the PE multiples on six times. Historically, it's been much closer to double-digit. We think, recovering PMIs should help re-rate that multiple. And while we do wait for those PMIs to recover, you're being paid 11 per cent yield between dividends and buybacks.I think the confidence build up that we're seeing in the tone of the conference suggests an early indicator of those PMIs recovering, if you ask me. And then in the panels, we've had plenty of discussions around asset quality. Obviously, commercial real estate exposure is a big theme. But we think it's a manageable problem. It's less than 5 per cent of the loan books, within that office is less than a third. And within that US office spaces is a fraction. So overall, we think it's a manageable problem and our highest single conviction in the sectors that the yields are sustainable and resilient.So, with a strong valuation underpin, we continue, positive of the sector.Bruce, why don't I turn it over to you? Given your focus on private markets, exchanges, and asset management sub-sectors within diversified financials, can you talk us through private markets and deal activity space?Bruce Hamilton: Yeah, our fireside chats with panels, and with private market management teams, saw more optimistic commentary on capital markets activity. And similarly fundraising improvements are expected to be closely linked to cash flows from exit activity flowing back to institutional clients, who can then reallocate to new funds.So there's a little delay. But overall, the direction of travel clearly feels positive and pointed to a reacceleration in the private markets' flywheel in due course, which has been, of course, the rationale behind the more positive view we have taken on this subsector since our outlook piece in November last year.Alvaro Serrano: AI is obviously a dominant theme across sectors and industries globally. Also, by the way, a frequent topic in the discussion of this podcast. Can you give us an update on AI and its implications for wealth and asset management?Bruce Hamilton: Sure. I mean, our discussions with asset management CEOs highlighted the transformative potential of AI, as they see it as a source of significant efficiency potential across the value chain. From sales and marketing, through investments and research, to middle and back office -- in areas such as report writing, research synthesis and client servicing. The benefits of starting early, with leaders having been working on this for 12 months or more, seems clear given the need to manage risks, for example, ensuring data quality to avoid hallucinations.One asset management CEO indicated that his firm had identified 85 use cases, with 35 already in production. The initial opportunities for asset managers were seen as principally in driving cost efficiencies; though in wealth management a greater revenue potential we think exists given the scope to improve the effectiveness of wealth advisors in targeting and servicing clients.Exchanges also noted scope for AI to both support revenue momentum. For example, via chatbots, assisting clients in accessing data more effectively. And in driving efficiency in report writing, as well as in costs. So, think about scope to drive efficiencies in areas such as client servicing and data ingestion and organization where large language models (LLMs) are already driving efficiency gains for employees.Alvaro Serrano: Finally, let's talk about private credit, another big theme. What did you hear, at the conference around the growth of private credit? And what's your outlook from here?Bruce Hamilton: Sure. So, the players were positive on the potential for growth in private credit from here. In the near-term deployment opportunities probably look stronger in the private credit space relative to private equity, where some differences in buyer-seller expectations is still acting as a bit of a constraint. There are opportunities given bank retrenchments, even if the Basel III endgame is expected to be less negative than initial draft proposals. And the appetite from insurance -- institutional, as well as retail clients for the diversification benefits and attractive yields on offer -- remains pretty significant.Both private market specialists and traditional asset managers continue to explore ways to extend their capabilities in the space, with some adopting an organic approach and others looking to accelerate scaling via M&A.We expect that as we look forward, that some recovery in the bank's syndicated lending markets is likely to reduce the record market share enjoyed by private credit in private equity deals last year. However, we think a more vibrant overall deal environment is likely to drive opportunities for both bank syndicated and private credit looking forward.The democratization theme with wealth clients increasing allocations to private markets remains an additional powerful growth theme as we look forward; both for private credit providers, as well as players active in private equity infrastructure and real estate.I'm sure there'll be lots more to unpack from the conference in the near future. Let's wrap it up for this episode. Alvaro, thanks a lot for taking the time to talk.Alvaro Serrano: Great speaking with you, Bruce.Bruce Hamilton: And thanks for listening. If you enjoy Thoughts on the Market, please leave us a review wherever you listen and share the podcast with a friend or colleague today.

The asset management and wealth management sectors could see AI boost efficiency in the short term and drive alpha in the medium to long term.----- Transcript -----Mike Cyprys: Welcome to Thoughts on the Market. I'm Mike Cyprys, Morgan Stanley's Head of U.S. Brokers, Asset Managers and Exchanges Team. Bruce Hamilton: And I'm Bruce Hamilton, Head of European Asset Management and Diversified Financials Research. Mike Cyprys: And on this special episode of the podcast, we'll talk about what the Generative A.I Revolution might mean for asset and wealth managers. It's Tuesday, October 17th at 10 a.m. in New York. Bruce Hamilton: And 3 p.m. in London. Mike Cyprys: My colleagues and I believe that Generative A.I is a revolution rather than simply an evolution and one that is well underway. We think Gen A.I, which differs from traditional A.I in that it uses data to create new content, will fundamentally transform how we live and work. This is certainly the case for asset and wealth management, where leading firms have already started deploying it and extracting tangible benefits from Gen A.I across an array of use cases. Bruce, what has been the initial focus among firms that have successfully deployed Gen A.I so far? And, something that has been top of mind for most of us, is Gen A.I replacing human resources? Bruce Hamilton: So Mike, clearly it's early days, but from our conversations with more than 20 firms managing over $20 trillion in assets, it seems clear that the immediate opportunities are mainly around efficiency gains rather than top-line improvements. However over time, as these evolve, we expect that this can drive opportunity for top-line also. All firms we spoke with see the importance of humans in the loop given risks, so A.I as copilot and freeing up resource for more value added activities rather than replacing humans. Mike Cyprys: What are some of the top most priorities for firms already implementing Gen A.I? And in broad terms, how are they thinking about integrating Gen A.I within their business models? Bruce Hamilton: So opportunities are seen across the value chain in sales and client service, product development, investment in research and middle and back office. Initial efficiency use cases would include drafting customized pitch or RFP reports and sales, synthesis of research and extraction of data in research, and coding in I.T.. Now Mike, specifically within the asset management space, there are two primary ways Gen A.I is disrupting. One is through efficiencies and two revenue opportunities. Can you speak to the latter? How would Gen A.I change or improve asset management? And do you believe it will truly transform the industry? Mike Cyprys: Absolutely. I think it can transform the industry because what's going to change how we live, how we work, and that will have implications across business models and the competitive landscape. I believe we're now at a A.I tipping point, just in terms of its ability to be deployed on a widespread basis across asset managers. The initial focus is overwhelmingly on driving efficiency gains and at the moment there's skepticism if Gen A.I can drive product alpha, but it should help with some of the maintenance tax around collecting and summarizing information and cleaning data. This should help release PM's of time to focus more on higher value idea generation and testing their ideas, which should help performance generation. I don't think it hurts. All in, we think this could result in up to 30% productivity gains across the investment functions. Bruce Hamilton: We've talked about how Gen A.I affects asset management. Do you think it can transform how financial advisers do their job and what kind of productivity gains are you expecting to see? Mike Cyprys: Financial advisors stand to benefit the most from Gen A.I because it should help liberate advisors time spent on routine or administrative tasks and allow them to focus more of their time on building deeper connections with clients and allowing them to service more clients with the same resources. And so that's how you get the revenue opportunity, by serving more clients and more assets. It's more of a copilot or tool that enhances human capabilities as opposed to replacing the human advisor. So on the wealth side, we do see more of a revenue opportunity for Gen A.I than we do on the asset management side in the near-to-medium-term. Use cases include collecting client information and interactive ways and summarizing those insights as well as proposing the next best actions and drafting engagement plans and talking points. All in, Gen A.I should help drive productivity improvements between 30 to 40% in the wealth sleeve. Bruce Hamilton: So Mike, what's your outlook for the next 3 to 5 years when it comes to the impact of Gen A.I on asset management? Mike Cyprys: It's really an expense efficiency play in the near to medium term for asset managers. But as you look out over the next 3-to-5 years, we could see a situation where A.I is embedded in a broader range of activities, from product development to portfolio management and trading areas, including trade optimization strategies, as well as brainstorming new product ideas tailored to client needs. Now in terms of assessing firms that are best placed, our qualitative assessment considers four main areas. First, there's firm scale and resources to allocate to both profitability and balance sheet capacity. Secondly, we consider a firm's in-house data and technology resources to drive change. Thirdly, are firms' access to proprietary datasets where it can leverage A.I capabilities. And finally, there's the strategic priority assigned to A.I. by management. Bruce Hamilton: But Mike, what are some of the risks and limitations of A.I technology when it comes to wealth management and specifically to financial advisors rather than to back office functions? Mike Cyprys: We see the risks falling into two categories. There's technological risks on one side that includes hallucinations that can result in poor decisions, as well as inability to trace underlying logic and the threat of cyber attack and fraud. Then on the other side, there's usage risks, which include data privacy, improperly trained models, as well as copyright concerns. We're seeing firms respond to these challenges by maintaining a ‘human in the loop' approach to A.I. adoption. That is a human is involved in the decision making process such that A.I operates with human oversight and intervention. Mike Cyprys: Bruce, thanks so much for taking the time to talk. Bruce Hamilton: Great speaking with you, Mike. Mike Cyprys: And thanks for listening. If you enjoy Thoughts on the Market, please leave us a review on Apple Podcasts and share the podcast with a friend or calling today.

“Continuous Improvement is not about the things you do well – that's work. continuous Improvement is removing those things that are getting in the way of you doing work. The headaches, the things that slow you down, that's what continuous Improvement is all about” – Bruce Hamilton. Thank you, Manager IQ community, for sharing your feedback with us. A reoccurring question we get is how a manager can build a continuous improvement culture in their team. Alexis Donachie our CEO and Founder has shared her knowledge and experience on this weeks Manager Skills Corner podcast. We share with listeners: - What is a Continuous Improvement (CI) culture and what does it look like in the workplace - Why it is important for managers to create a CI culture - How to access how close your team are to having a CI culture - Tips to create CI culture in your team - What are the barriers to creating a CI culture - How can an individual work towards having a CI mindset

WCS Sports Connection (Coaches Show) Ep. 663 - Centennial vs Nolensville. Hosted by WCS Athletic Director, Darrin Joines. (2023) Guests: Chris Ladd, Drew Giudice, Bruce Hamilton, Jeremy Moore.

WCS Sports Connection (Coaches Show) Ep. 661 - Brentwood vs Centennial. Hosted by WCS Athletic Director, Darrin Joines. (2023) Guests: Marcel Williams, Troy Bond, Bruce Hamilton, Jeremy Moore.

WCS Sports Connection (Coaches Show) Ep. 658 - Centennial vs Franklin. Hosted by WCS Athletic Director, Darrin Joines. (2023) Guests: Rachel Hawn, Jason Tigert, Bruce Hamilton, Jeremy Moore.

In this episode, Rob and Ileana, are joined by Bruce Hamilton, General Partner at Mech Ventures. Bruce and his partner, Mario Mitchell, are building the "Roc Nation" of Venture capital, following in the footsteps of music and entertainment/sports industry icon, Jay-Z. In their vision they'll not only reinvent and expand the venture capital industry, but they'll revolutionize how venture firms serve and support their portfolio companies and founders, in much the same way Roc Nation has reinvented the talent agency business! Bruce discusses his upbringing and inspirations, their relationship and he ties together how all of his life experiences have led to this moment in his business. We dive into their origin story as partners, Mario being a US Air Force veteran, and Bruce's background in both Music A&R talent management and the tech/software development business. These guys are young, smart, fresh, humble but wildly confident in themselves, their vision and the market they're investing in. Ileana explores Bruce's definition of "Pop culture" and he helps our audience understand why he believes there is no greater city on the world, better suited, or more relevant than Los Angeles, which is his home now! Feel free to follow and engage with BRUCE here: LinkedIn: https://www.linkedin.com/in/ibrucehamilton/ Twitter: https://twitter.com/ibrucehamilton Website: https://www.mech.ventures/ We're so grateful to you, our growing audience of entrepreneurs, investors, builders, influencers and those interested in the entrepreneurial economies of Latin America and the under-represented entrepreneurial communities in the USA! Plug in, relax and enjoy some Spanish, English and a fun dose of spanglish as always. We're here to help inspire, educate and empower you, so that you can build the future! ¡Salud y gracias!, Mentors Today's Team --- Send in a voice message: https://anchor.fm/mentorstoday/message

Over the last decade private markets have outperformed versus public markets, but given the recent public market volatility, will private markets continue to attract investors? Head of Brokers, Asset Managers, and the Exchanges Team Mike Cyprys and Head of European Asset Managers, Exchanges, and Diversified Financials Research Bruce Hamilton discuss.----- Transcript -----Mike Cyprys: Welcome to Thoughts on the Market. I'm Mike Cyprys, Morgan Stanley's Head of Brokers, Asset Managers and Exchanges Team. Bruce Hamilton: And I'm Bruce Hamilton, Head of European Asset Managers, the exchanges and Diversified Financials Research. Mike Cyprys: And on this special episode of the podcast, we'll talk about our outlook on the private markets industry against an uncertain macro backdrop and market upheaval. It's Tuesday, November 1st at noon in New York. Bruce Hamilton: And 4 p.m. in London. Mike Cyprys: We spend most of our time on this podcast talking about public markets, which are stocks and bonds traded on public exchanges like Nasdaq and Euronext. But today, we're going to talk a little bit about the private markets, which are equity and debt of privately owned companies. You probably know it as private equity, venture capital and private credit, but it also encompasses private real estate and infrastructure investments, all of this largely held in funds owned by institutions such as pension funds and endowments and increasingly high net worth investors. Today, there is nearly 10 trillion of assets held across these funds globally. But despite the different structure, private markets have been faced with the same macro challenges facing public markets here in 2022. So Bruce, before we get into some of the specifics, let's maybe set the context for our listeners. How have private markets fared vis a vis public markets over the last decade? Bruce Hamilton: So the industry has grown at around 12% per annum on average over the past decade in terms of asset growth and a faster 17% over the past three years, driven by increasing allocations from institutional investors attracted to the historic outperformance of private markets versus public markets, a smoother ride on valuations given that assets are not mark to market, unlike public markets, and an ability to source a more diversified set of exposures, including the faster growth in earlier stage companies. Mike Cyprys: And what are some of the near-term specific risks facing private markets right now amidst this challenging market backdrop? Bruce Hamilton: The near-term concerns really focus around the implications of a tougher economic environment, impacting corporate earnings growth at the same time that increasing central bank interest rates across the globe are feeding into increased borrowing costs for these companies. This raises questions on how this will impact the profitability and investment returns from these companies and whether investors will continue to view the private markets as an attractive place to allocate capital. The uncertain economic outlook has dramatically reduced the appetite to finance new private market deals. However, there are factors that mitigate the risks forced to refinance in the short term. Secondly, corporate balance sheets are in relatively good health in terms of profits to cover interest payments or interest cover. Moreover, flexibility built into financing structures such as hedging to lock in lower interest rates should reduce the impact of rising rates. Importantly, the private market industry also has significant dry powder, or available capital, to invest in new opportunities or protect existing investments. For players active in the private markets. We think that there are undoubtedly risks in the near term, linked to congested fundraising with many private market firms seeking to raise capital from clients against a decline in public markets, which has left clients with less money in their pockets. From the performance of existing portfolio companies, given the more difficult market and economic environment and from subdued company disposal and investment activity linked to the more difficult financing markets. This has kept us pretty cautious on the sector this year. Bruce Hamilton: But Mike, despite these near-term risks and concerns, you remain convicted in your bullish outlook on the next five years. In a recent work, you've outlined five key themes that you see lifting private markets to your 17 trillion assets under management forecast. What are these themes and how do you see them playing out over time? Mike Cyprys: Look, clearly, I would echo your concerns in the short term. And I do think growth moderates after an exceptional period here. But we do see a number of growth drivers that we feel are more enduring. Specifically, five key engines of growth, if you will. First is democratization of private markets that we think can spur retail growth and unlock a $17 trillion addressable market or TAM. This is the single largest growth contributor to our outlook. Product development, investor education and technological innovation are all helping unlock access here as retail investors look to the private markets for income and capital appreciation in addition to a smooth ride with lower volatility versus the public markets. The second growth zone is private credit that we think is poised to penetrate a $23 trillion TAM as traditional bank lenders retrench, providing an opportunity for private lenders to step in. For corporate issuers, private credit offers greater flexibility on structure and terms, and provides greater certainty of execution. For investors, it can provide higher yields and diversification from public credit. The third growth zone is infrastructure investing, which we think can help solve for decades-long underinvestment and addresses a $15 trillion funding gap over the next 20 years. This is underpinned by structural tailwinds for the 3 Ds of digitization, decarbonization and deglobalization. The fourth growth zone is around liquidity solutions. As you know, the private markets are illiquid. And so as the asset class grows, we do expect some investors will want to find ways to access some degree of liquidity over time. And that's where solutions such as secondaries and NAV based lending can be helpful. The fifth and final growth zone is around impact in ESG investing. In public markets, we've seen significant asset flows into ESG and impact investing strategies as investors look to have a positive impact on society. And we expect that this will also play a role in the private markets, though it's a bit earlier days. Today we estimate about 200 billion invested in private market impact strategies, and we think that can reach about 850 billion in five years time. Mike Cyprys: So for investors, this does boil down to an impact on publicly traded companies. Given the specific challenges of the current environment, Bruce, which business models do you think are best positioned to succeed both near-term and longer term? And what should investors be looking at? Bruce Hamilton: Well, Mike, whilst we think the challenging macro conditions could continue to weigh on the sector near-term, we think that investors may want to look at companies with the best exposure to the five growth themes that you mentioned, who are building out global multi-asset investment franchises with diverse earnings streams, a high proportion of durable management fee related earnings—rather than heavy reliance or more volatile carry or performance fees—and deployment skewed to inflation protected sectors like infrastructure or real estate. Mike Cyprys: Bruce, thanks for taking the time to talk. Bruce Hamilton: Great speaking with you, Mike. Mike Cyprys: And thanks for listening. If you enjoy Thoughts on the Market, please leave us a review on Apple Podcasts and share the podcast with a friend or colleague today.

In this episode of the Shingo Principles Podcast we hear from Bruce Hamilton, Shingo Academy member and president of GBMP, a Shingo Licensed Affiliate as he shares his insights on amplifying Lean and what “the collaboration effect” is.While most organizations who aspire to enterprise excellence are thwarted at every turn by constraints, there are leaders who use teamwork to exponentially amplify the continuous improvements of every individual in the organization: Through what we call "the collaboration effect," one perspective is replaced by many, and good ideas develop further into incredible ideas.Join Bruce as he discusses how to avoid the traps that inhibit collaboration.To read the article published on this topic, please click here. 

Dr Bruce Hamilton, Director of Performance Health at High Performance Sport NZ also the chair of Whispa, joined D'Arcy Waldegrave to discuss Lydia Ko's comments at the LPGA and the necessity of bringing women's menstrual cycles into the conversation.  LISTEN ABOVE

Bruce Hamilton  | Founder | Mech VenturesMech Ventures is investing in the future of pop culture. This team is turning their passions and struggles into a global creative engine that has no boundaries while redefining venture capital.www.mech.venturesSupport the show (https://www.buymeacoffee.com/kgroom)

Kamloops Blazers’ majority owner Tom Gaglardi said a new format is in place for bidding on the Memorial Cup — a behind-the-curtain, confidential process that is likely to produce a host city prior to this summer. Gaglardi said he does not expect a vote among the WHL board of governors to be involved in the process. In this interview (click link above), Gaglardi offers his opinion on the new bidding format, touts a strong team and “dry powder” in 2022-2023, talks of work done by Blazers’ management at the WHL trade deadline, ponders a post-pandemic business boom and highlights expectations to win the B.C. Division. KTW reached out to Kelowna Rockets' owner Bruce Hamilton to ask if Kelowna will bid on the 2023 Memorial Cup. "Thanks for the interest," Hamilton said. "The CHL is who releases that info now."

I'm joined by Air Force Veteran Mario Mitchell, Co-Founder of Mech Ventures, an early-stage venture capital firm building the future of pop culture. Also joining is his co-founder, Bruce Hamilton, A military brat and serial entrepreneur. On the show, they open up their entrepreneurial backgrounds, what led them to start Mech Ventures, and how they're planning to redefine VC culture. Be sure to subscribe to the Transition Newsletter on Substack here: https://bit.ly/37Bb8Ne To learn more about Mech Ventures, visit: https://www.mech.ventures/

Corey Pavin, winner of the 1995 U.S. Open and Ryder Cup Player and Captain, reflects on his younger days growing up in Southern California and learning the game of golf. He was a 1st-Team All-American at UCLA, won the 1981 North and South Amateur which got him on the winning Walker Cup team that same year, and eventually turned professional at age 22. As we recap Corey's playing record, he recounts his days competing in South Africa, Europe and Oceania, before getting his start on the PGA Tour. He talks about his teacher, Bruce Hamilton, and his long-time caddie and friend, Eric Schwarz. Corey Pavin relives his early days, "FORE the Good of the Game."

Kris Mallette joined us on a rough day in BC.  We spoke about the flooding, the Rockets success so far this season, Kris' pathway to the HC job in Kelowna, winning the 2015 WHL Championship, playing in the minors for 9 years, his time playing for the Rockets, learning from Peter Anholt, and much more

Kris Mallette joined us on a rough day in BC.  We spoke about the flooding, the Rockets success so far this season, Kris' pathway to the HC job in Kelowna, winning the 2015 WHL Championship, playing in the minors for 9 years, his time playing for the Rockets, learning from Peter Anholt, and much more

Summary Keywordsorganisation, people, tps, books, management, Shingo, called, problem, kaizen, company, create, lean, business,  understand, productivity, direct observation, manufacturingIntroduction Welcome to Episode 59 of the enterprise excellence podcast. It is such a pleasure to have Mr Bruce Hamilton back on the show with us today. Bruce has created some of the most engaging knowledge transferring content I've ever come across in Lean, one of those being Toast Kaizen. In this episode, we chat about the importance of thinking longer-term and bigger picture and supporting the journey with visionary leadership. I encourage you to listen to episode 58 before this one if you haven't already. Let's get into the episode. We are proudly sponsored by S A Partners, a world-leading business transformation consultancy.FREE DownloadGo to enterpriseexcellencepodcast.com/downloads to download an Enterprise Excellence Big Picture map which will allow you to analyse your organisations systems in line with your longer term vision, meaningful goals, culture and customers.  Two Minute Tip06:17min Well, there's a quote from Eli Goldratt, "think globally and act locally", that is always on my mind. If you kind of look at that time frame, we arbitrarily have divided a continuum into buckets, you know, seconds, minutes, hours, weeks, months, and so on. And somewhere, there's this long-term view, and that's distant. So, where do we focus? We're right here in the present. We're always focusing on the present. What are we doing today? And yeah, it's out there somewhere. So, our actions are never, or not often enough, based upon that big picture. And I think we would all be better off if we were doing that. We wouldn't be having these awful news stories about the environment. And, you know, those worries if we were thinking out in the future, but then, you know, doing something about it every day. So, everybody every day, that's the slogan of our organisation. We've got to; you've got to do something every day. And you'll learn that way.Links Brad is proud to support many Australian businesses. You can find him on LinkedIn here. If you'd like to speak to him about how he can help your business, call him on 0402 448 445 or email bjeavons@iqi.com.au. Our website is www.bradjeavons.com.Bruce's LinkedIn profile:linkedin.com/in/bruce-hamilton-a09a4616Websites: oldleandude.org  (Blog), gbmp.org  (Company), neshingoprize.org  (Company)Email: pokayoke@comcast.net What next?1.     Watch our 2 min tip: Common Goal with Rugby and subscribe to our YouTube channel.2.     Listen to the Enterprise Excellence Podcast,  #31Theory of Constraint Innovation and Optimising Outcomes with Lewis Trigger.3.     Join our membership page to access free planning resources.

Summary Keywordsorganisation,  people, TPS, books, management, Shingo, problem, Kaizen, company, create, lean, business, understand, productivity, direct observation, manufacturing Introduction  Welcome to Episode 58 of the Enterprise Excellence Podcast. It is such a pleasure to have Mr Bruce Hamilton on the show with us today. Bruce has created some of the most engaging, knowledge transferring content I have ever come across in lean, one of those being Toast Kaizen. Bruce is also an author and educator who has helped some of Americas largest and smallest organisations on the road to world class practices. Let's get into the episode. Bruce thank you so much for joining us today.  FREE download Go to enterpriseexcellencepodcast.com/downloads to download an Enterprise Excellence Big Picture map which will allow you to analyse your organisations systems in line with your longer term vision, meaningful goals, culture and customers. Please like, subscribe and share this podcast to help others gain insights and create a better future. Let's get back to the episode.Quotes 23:05min So the TPS managerial was there, too, so that managers could create an environment that was favourable for this stuff. So people would surface problems rather than sweeping them under the rug.  23:59min You can't have a commitment if you don't really understand some of the details. You don't need to be an expert. But you need to understand why set up a quick changeover would be important. If you don't understand that, how can you be passionate about telling people it's okay? To practice the changeover, take that time, make that investment. ConclusionWhat an entertaining first episode with Bruce Hamilton. Boy, he has some fantastic stories with the great thinkers in Lean. He has helped some of America's largest corporations – and some of its smallest – on the road to world-class practices. I can hear that humour plays a big part in Bruce's philosophy towards learning. We will continue the chat next week, Bruce. Join us next week for the concluding episode. This two-part episode series indeed provides insights to help us all create a better future. Talk to you next week, bye for now.Links Brad is proud to support many Australian businesses. You can find him on LinkedIn here. If you'd like to speak to him about how he can help your business, call him on 0402 448 445 or email bjeavons@iqi.com.au. Our website is www.bradjeavons.com.Bruce's LinkedIn profile:linkedin.com/in/bruce-hamilton-a09a4616Websites: oldleandude.org  (Blog), gbmp.org  (Company), neshingoprize.org  (Company)What next?1.     Watch our 2 min tip: Common Goal with Rugby and subscribe to our YouTube channel.2.     Listen to the Enterprise Excellence Podcast,  #31Theory of Constraint Innovation and Optimising Outcomes with Lewis Trigger.3.     Join our membership page to access free planning resources.SA Partners

In this episode of the Shingo Principles Podcast, we hear from Bruce Hamilton, President of GBMP, a Shingo Licensed Affiliate. Bruce is also a member of the Shingo Academy, a Shingo Examiner, and a Shingo Publication Award recipient. Shigeo Shingo is best known to many for Lean techniques like SMED and poka-yoke, but these methods were born from Dr. Shingo's higher purpose: a relentless and never-ending attack on the status quo. Dr. Shingo's ability to cut to the heart of a problem is, in fact, what enabled the amazing technical breakthroughs that are attributed to him. In this podcast, Bruce shares his personal experience learning from Dr. Shingo. To learn more about the Shingo Model and how it can help organizations improve their culture and achieve the results they desire, please visit: http://shingo.org.

This week on the podcast, I'm chatting with Bruce Hamilton. Bruce is President of GBMP, a Boston-based non-profit founded in 1994 that provides Lean and Six Sigma assistance to manufacturing, healthcare and service organizations. In this episode, Bruce and I chat about how technology development is impacting Lean and how organizations can reduce turnover and increase employee retention during Covid. What You'll Learn This Episode: The Lean Toyota Production system and why some organizations have failed to see improvement from it Creating a unifying concept for both management and employees Employee retention strategies during Covid How technology could change Lean Using an automation solution and if it's the right choice Some of Bruce's biggest influences in Lean How to make a change in your organization without a leader driving it Advice for people starting their Lean journey About the Guest: Bruce Hamilton is President of GBMP, a Boston-based non-profit founded in 1994 that provides Lean and Six Sigma assistance to manufacturing, healthcare and service organizations. Prior to joining GBMP, Bruce spent thirty years in manufacturing, leading his factory to a Shingo Prize award in 1990. From 1996 to 1998, his factory was also a project site for the Toyota Production System Support Center (TSSC.) Bruce is author and actor in the 2004 Shingo Prize winning video, Toast Kaizen and co-author of the comprehensive multimedia training package, e2 Continuous Improvement System, which combines GBMP's acclaimed video content with self-study workbooks, classroom learning and workplace practice. In 2000 he was inducted in the Shingo Prize Academy and in 2015 was inducted into the AME Manufacturing Hall of Fame. GBMP is an affiliate of the Shingo Institute and provides an annual Northeast L.E.A.N. Conference, http://www.northeastleanconference.org , held October 6-7, 2021 at the MassMutual Center, Springfield, Massachusetts. Important Links: https://www.gbmp.org/ https://www.linkedin.com/in/bruce-hamilton-a09a4616/ http://www.northeastleanconference.org/ --- Support this podcast: https://anchor.fm/leansolutions/support

Bruce Hamilton, a pastor in Fairbanks, Alaska, began Tri-City's 2021 Missions Conference by preaching from 2 Corinthians 1. The Apostle Paul shared several things that motivated him to share the Good News of the Gospel.

In this episode of the Shingo Principles Podcast, we hear from Bruce Hamilton with the Greater Boston Manufacturing Partnership, a Shingo Licensed Affiliate and Shingo Examiner as he shares insights on how seeking perfection creates an environment that guides individuals and organizations to higher levels of enterprise excellence. It accomplishes this in two ways. First, it forces focus on the ideal of perfection; what does it mean for the customer and for the providers? Second, it encourages reflecting on the means by which we seek the ideal. As the flywheel of continuous improvement, this fundamental principle not only sustains improvement, but can also accelerate it. The flywheel, however, is not a perpetual motion machine. At different stages in an organization's transformation to enterprise excellence, the flywheel must be primed and nurtured against the natural resistance to change and competing priorities for time and resources. Key topics covered in this podcast include:  Offering a basic explanation of the perfectionBreaking down the “search”Describing the natural resistance to the principle, Seek Perfection, at various stages in an organization's journey to excellence.To learn more about the Shingo Model and how it can help organizations improve their culture and achieve the results they desire, please visit: http://shingo.org.

Merrylin talks with Bruce about his jobs and past times related to the 6th house.

On this episode of our History of Gear Series we talk with Bruce Hamilton, the former President of The North Face. We talk about his connection with Buckminster Fuller and the creation of the Oval Intention tent and the evolution of The North Face under his leadership. For more conversations with outdoor movers and shakers, subscribe wherever you get podcasts including on Spotify, iTunes, Podbean, or each Sunday at 4 pm (MT) on Aggie Radio, 92.3 FM in beautiful Cache Valley, Utah. Follow Aggie Radio for more great news, content, and other podcasts at aggieradio.com and make sure to follow Highlander on Instagram and Facebook.  The Highlander Podcast is sponsored by the Outdoor Product Design & Development program at Utah State University, a four year, undergraduate degree training the next generation of product creators for the sports and outdoor industries. Learn more at https://opdd.usu.edu/

TPS / Lean Consultant based in NYChttps://www.leanblog.org/397Joining me for Episode #397 is Hide Oba. His father was the late Hajime Oba, famous for his work at Toyota and the TSSC, as Steve Spear and I discussed back in Episode #386.Hide worked with his father at TSSC and also worked with him through the company H&M Operations Management, LLC. He is based in New York City. He says that his mission is to continue spreading his father's wisdom and I appreciate him doing so here with me on the podcast.I asked Hide to summarize his father's life and work and he then talks about some of the unique aspects of his approach.“Going to the shop floor was fun… his hobby.”Hide tells a story about his father telling Bruce Hamilton, “You should do Kaizen, too,” and you can read Bruce's side of the story here.We discuss the balance between asking questions versus pointing people in a direction. Hide says Hajime “never asked people what they should do,” but he asked questions based on his vision.Hajime saw TPS as “management engineering” — being very scientific about creating the right structure that allows you to create a kaizen culture. Hajime was also “careful” about the word “scientific” as it is meant to mean “continuous discovery and learning… understanding why.” Hide says his father was “addicted to learning.” Hajime aimed to always learn from the client.From the new 2nd edition of The Toyota Way (an interview with Jeff Liker about that is coming soon, by the way):“Oba said “TPS is built on the scientific way of thinking… How do I respond to this problem? Not a toolbox. You have to be willing to start small, learn through trial and error.”Hide also talks about how his father visited hospitals in Pittsburgh via Kent Bowen and Paul O'Neill.We also talk about why others have struggled to copy or emulate Toyota. “Stick to Ohno,” says Hide. Solve problems one at at instead of having a big program. He “never asked a company to start by creating a Lean / CI office, sitting and making presentations.” Hajime said the plant manager is the key person, and he would say,“Come with me and let's go through the process together.”Why does the idea of “challenge” not mean “asking people to do things that are impossible?” Why did he “hate giving a format for problem solving?”We discuss all of that and the idea of “respect for people.” Hide says he father taught that we should “respect humanity” — human life is limited and we shouldn't waste it… that's why we do kaizen. He also “saw a lot of waste in his final days” in the hospital.I'm very thankful that Hide can keep his father's work and legacy alive for all of us.The podcast is sponsored by Stiles Associates, now in their 30th year of business. They are the go-to Lean recruiting firm serving the manufacturing, private equity and healthcare industries. Learn more.  

Perry and James discuss the Vancouver Canucks lineup for next year and how it could look. Also, they discuss the future of the WHL with the GM of the Kelowna Rockets, Bruce Hamilton, they talk about the newly released EA Sports NHL 21, and are joined by Montreal Canadiens forward Brendan Gallagher.

This week our guest is Bruce Hamilton, the President of GBMP and my friend. Bruce is also Director Emeritus for the Shingo Institute, home of the Shingo Prize, and is a Senior Examiner for the Shingo Prize and a Certified Shingo Institute workshops Facilitator. Bruce is a past recipient of the Shingo Prize in both the business and academic categories and Inductee to the Shingo Academy (with five awards in all). In 2015 he was inducted into the AME Manufacturing Hall of Fame. In this episode, Bruce and I chat about pivoting the business due to COVID 19, the effects of short-term versus long-term thinking when practicing Lean, and what we (the Lean community) get right and what we get (or got) wrong. It was a fantastic conversation; I hope you enjoy it! Bruce's contact info: Company Website: https://gbmp.org/ Personal Website: https://oldleandude.com/ Linkedin: https://www.linkedin.com/in/bruce-hamilton-a09a4616/ Twitter: https://twitter.com/oldleandude New England Lean Consulting is the Northeast's premier business consulting firm, helping small-to-medium sized businesses with strategic leadership and operational methodologies that help your company lower costs, increase capacity and win more customers. Our industry experienced consultants provide guidance with the latest business solutions that help you to grow your business deliberately and strategically in order to sustain a long-term competitive advantage within the marketplace. Paul W. Critchley, President & Founder of New England Lean Consulting: Company website: https://www.newenglandleanconsulting.com/ Twitter: https://twitter.com/NELeanguy Linkedin Company page: https://www.linkedin.com/company/new-england-lean-consulting/ YouTube Channel: https://www.youtube.com/channel/UC2sAIveqtNqE1fpRGXcdbXQ Paul's Linkedin profile: https://www.linkedin.com/in/paul-critchley-lean-consultant/ --- Support this podcast: https://anchor.fm/new-england-lean-podcast/support

Sometimes there is an easy solution to a problem. But that doesn’t mean we get to it easily, until we ask the right question.

Kelowna Rockets owner, president, and general manager Bruce Hamilton says that although it was tough to cancel the Memorial Cup in Kelowna, it was something that logistically had to be done. Hamilton went on to say that he feels that there could be changes to the Memorial Cup format.

We spoke with Larry Fisher – with The Hockey Writers and Future Considerations – about the Kelowna Rockets, as well as the rest of the BC Division, and the WHL at large

In episode 103 Bruce Hamiliton shares how launching a software company lead to wanting to build his legacy. Tune in to hear the tips on the different daily tips you learn to apply to your life on your path to self-improvement. Want to learn more just go to the site www.iammatwest.com Leave some feedback: What should we talk about next? Please let us know in the comments below. Did you enjoy this episode? If so, please leave a rate, review or leave a comment. Connect with me: Youtube:www.youtube.com/iammattwest Instagram:instagram.com/iammattwest/Twitter:twitter.com/iam_mattwest 

Guest 3 - The 2020 Memorial Cup host Kelowna Rockets are in the spotlight with the help of GM Bruce Hamilton

Bruce Hamilton and Stephen Weigel discuss technology and social gatherings in microtonal music. Workflow with polysystemic tunings and DAW’s is a big topic here - find out what Dr. Hamilton’s favorite DAW is by listening! Other topics covered include university life, putting on events and drawing in listeners, polysystemic tunings, microtonal evangelism, microtones as extensions of 12-tone equal temperament, and improvisation. Listeners’ thoughts on microtonal music at the university (and non-university) levels and “what makes one a microtonalist” are at the heart of our discussion.     Music Intro: Twenty-who - Bruce Hamilton (22edo) Outro: Chomp - Bruce Hamilton; Osbatt (Lanes) - Bruce Hamilton Easley Blackwood - Twelve Microtonal Etudes for Electronic Music Media (18edo) Stephen Weigel - De-Void of Re-Incarnation (18edo) Bruce Hamilton - Daiphort Bruce Hamilton - Dery Jonathon McCullough - Squeeb (19edo)   Bruce’s pages Site: http://brucehamilton.info/bio.html Spectropol Records: https://spectropolrecords.bandcamp.com/ Sound-In on FB: https://www.facebook.com/groups/improvfriday/ Microtonal Adventures Festival: https://cfpa.wwu.edu/microtonal-fest Compulse (split-notes): http://split-notes.com/skiks-compulse/?fbclid=IwAR2xbJvdijKmWTf0xPWqizO-Tbj71eGG9qinDW3h1bZvRk00Nmig1nF8rQs   Follow http://nowandxen.libsyn.com https://twitter.com/now_xen https://www.facebook.com/nowxen/   Subscribe RSS: http://nowandxen.libsyn.com/rss iTunes: https://itunes.apple.com/us/podcast/n… Spotify: https://open.spotify.com/show/1mhnGsH… Stitcher: https://www.stitcher.com/podcast/nowxen Twitter: https://twitter.com/now_xen Facebook: https://www.facebook.com/nowxen/ YouTube: https://www.youtube.com/channel/UCnmYNMpemAIq8DnK5HJ9gsA

We teach you where to place your marketing dollars, according to Brand and Facebook Ads expert, Leisha Langston, we'll hear from founder, Bruce Hamilton, about his platform that allows you how to build apps with no coding experience and we’ll help you understand what NOT to do as a first time entrepreneur. --- Support this podcast: https://anchor.fm/commas/support

Guests include Bruce Hamilton and Farhan Lalji.

Bruce Hamilton comes on the cast once again, this time to talk about a North African Commando raid from 1941: there is the usual mix of history and gaming chat about how you could recreate elements of Operation Flipper for Bolt Action. Towards the end, we also talked a little about the upcoming Cambridge event … Continue reading Episode 46 – Operation Flipper →

A review of the recent open event that took place at Warlord Games HQ in Nottingham, at the end of November 2018. The guest for this episode is Bruce Hamilton and we talked through our lists and described each of our games in detail before revealing the final standings… This episode also features the prize … Continue reading Episode 45 – The Warlord Games Grand Tournament →

My guest for Episode #262 is Steven J. Spear (@stevenjspear on Twitter). He is author of the fantastic book The High-Velocity Edge: How Market Leaders Leverage Operational Excellence to Beat the Competition. He's a Senior Lecturer at the MIT Sloan School of Management and recently taught a summer course on Lean and Six Sigma for the Leaders for Global Operations program (I graduated from that program in 1999 when MIT was teaching TQM in that summer course) and he also teaches executive education programs for MIT Sloan. Steve was previously a guest in Episodes #58 and 87. I'm glad to have him back on the show after six years. Steve is going to be one of the keynote speakers at the upcoming Northeast L.E.A.N. Conference, being held October 4th and 5th in Massachusetts. I hope you'll check it out, as I've participated in past years and it's always been great (and you get to meet Bruce Hamilton of "Toast Kaizen" fame).

Thanks to this post by Bruce Hamilton (aka "Toast Guy" or "Old Lean Dude"), I was reminded of the old General Motors effort, spearheaded by then-CEO Roger Smith (of "Roger&Me" fame), to fully automate car factories. Their concept was the "lights-out factory" that could run without people (other than a security guard).GM invested $90 BILLION dollars over 10 years in this quixotic (if not foolhardy) quest. The robots often famously painted each other instead of painting cars, as described in this book: http://leanblog.org/audio148 --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Support this podcast: https://anchor.fm/lean-blog-audio/support

Well it took longer than I had hoped, but here is the latest ImprovFriday Radio program. The topic is how three IF members have put together and released new CDs. We discuss 'Duopoly' the latest CD from Bruce Hamilton, 'Cranes Fly West' by Richard Lainhart and a special segment narrated by Jerome Poirier about his Three Legs Duck label.

Welcome to the August episode of ImprovFriday Radio. For this month host Paul Muller looks at the 'mix and mash' concept a technique of composition used by several working members of ImprovFriday. Mixing and mashing is a process of layering several individual musical pieces, sounds, voices, really anything aural and through the density of the gathered sounds a new and exciting music work emerges. In this edition of ImprovFriday Radio Paul features the work of J.C. Combs, Bruce Hamilton and Adam Kondor. With each edition of the ImprovFriday Radio podcast series we welcome your comments which you may do by posting on the ImprovFriday Radio podcast page at http://improvfridayradio.podomatic.com or you may also post a review in iTunes should you download/subscribe there. You may also join our mailing list via the ImprovFriday Radio podcast page.