Podcasts about Ingersoll Rand

American industrial company

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Best podcasts about Ingersoll Rand

Latest podcast episodes about Ingersoll Rand

Beyond the Blueprint
What Exactly is Innovation?

Beyond the Blueprint

Play Episode Listen Later Mar 3, 2025 30:18


Innovation. It's a word that features in almost every speech, article and business strategy – simply because leaders know it's what keeps their customers engaged long term. It's also one of the most important drivers for sustained growth.Yet, for all its importance, innovation is curiously difficult to define. So, how can we identify the exceptional ideas from the everyday? And – more to the point – what does innovation actually look like in the world of engineering and manufacturing? Can an innovative company culture be built with the right team, or is it instead a natural outcome of the R&D process?  This is the central topic we examine in the third and final episode of this series of Beyond the Blueprint. This time we're joined by Graham Reed, Manuela Kraus and Mark Koski, three colleagues who have spearheaded innovation across different divisions of Ingersoll Rand. We get the inside track on their experiences, as well as some reflections on standout projects that capture the true meaning of innovation. It's a fitting end to series two. Be sure to tune in. Topics covered in this episode include:What exactly is innovation? And how does the ‘right' idea happen?What comes first: changing customer requirements or entirely new concepts that need shaping according to customers' needs?Challenges associated with the development of new products and servicesHow to avoid overengineering a solution Website: www.irco.comLinkedIn: www.linkedin.com/company/ingersoll-rand

Beyond the Blueprint
The Data Revolution: Getting to Grips with the Industrial Internet of Things (IIoT)

Beyond the Blueprint

Play Episode Listen Later Feb 17, 2025 35:27


Its origins can be traced back to the development of the first programmable logic controller almost 60 years ago – but it's only now that industrial engineering and manufacturing is beginning to fully reckon with the Industrial Internet of Things' (IIoT) potential. As our guests highlight in the latest episode of Beyond the Blueprint, IIoT is now entering an exciting new phase with the help of next-gen technologies, such as machine learning and AI. The road to this point, however, has been filled with many other important milestones, which have ultimately given customers a much greater degree of visibility and control of their assets. It's these milestones that serve as the starting point for our conversation with Corene Newbery and Aviran Yaacov. Both guests share insights into how Aircom and EcoPlant – two Ingersoll Rand businesses – are tackling complex challenges and delivering efficiency to customers worldwide with industry-changing technologies. You'll hear about the big problems these businesses are solving, as well as the customer-centric thinking that led to the creation of these powerful solutions.Be sure to listen to the end of this episode, where we take a glimpse into the future and question what's next for IIoT. Topics covered in this episode include:Putting IIoT in context – why is this technology so powerful and where is it making an impact? The technology's development to date – and its position within industrial engineering and manufacturingAppetite for data and how this can be used to improve performance – even over large geographical areasWebsite: www.irco.comLinkedIn: www.linkedin.com/company/ingersoll-rand

LIVIN THE GOOD LIFE SHOW
CLUB CAR, one of golf's most iconic brands!

LIVIN THE GOOD LIFE SHOW

Play Episode Listen Later Feb 6, 2025 14:36


VP of Sales, Mark Rickell joins the show to update everyone on new technology and products for the new year. A little history lesson of its origin and future plans. And by the way - visit clubcar.com to see how you can customize your very own Club Car!Club Car boasts a 60+ year history of industry-leading innovation and design, initially focused on golf cars and then expanding to commercial utility vehicles and personal-use transportation.Every detail of design, fabrication and assembly at Club Car is executed with an uncompromised desire for superior performance. Manufacturing quality products is paramount to our employees, and has been the driving force behind our company. It's also why we were named one of EHS Today's America's Safest Companies. We are proud to call Augusta, Georgia our home.Our relationship with customers and approved dealers is equally important, with a worldwide distribution network including over 350 distributors and dealers. We value our long standing customer and industry relationships and how our customers can depend on our vehicles to perform day after day for many, many years.  We are the official golf car of the PGA of America, PGA TOUR Tournament Players Club (TPC) Network and European Tour. Our vehicles have been prominently shown at multiple Ryder Cup and President Cup events.  We are also active supporters of US Kids Golf and the First Tee.Club Car was originally founded in 1958 in Houston, TX, but was moved to Augusta, GA in 1962 by Bill Stevens and began production .  In 1979 the business was acquired by ‘The Original 8', a group of former EZGO executives who purchased the business and reset the competitive landscape with the introduction of many influential new products.  In 1995, Club Car was acquired by Ingersoll Rand, where it continued to build its legacy as the global leader in golf and utility vehicles.  In 2021, Club Car was acquired by Platinum Equity.

Beyond the Blueprint
The Sustainability Challenge

Beyond the Blueprint

Play Episode Listen Later Feb 3, 2025 36:36


In the first episode of the second season of Beyond the Blueprint, we look at what is arguably the defining challenge for businesses today: sustainability.  Our speaker is Mary Betsch, vice president, Sustainability at Ingersoll Rand. During the episode, Mary explains how Lead Sustainably, one of Ingersoll Rand's strategic imperatives, has unlocked a new era of sustainable growth across the business, reducing environmental impact while maintaining efficiency and profitability. As Mary shows, the results of this process have been impressive, signposting a viable route forward for those also working in industrial engineering and manufacturing. Mary is joined by Kristof Suykerbuyk and Matt Vail, two leaders within product management who have delivered sustainable, industry-changing products in response to evolving customer requirements.Topics covered in this episode include:What exactly ‘sustainability' means within industrial engineering and manufacturingHow a coherent sustainability strategy can enhance businesses and unlock accelerated growth The biggest challenges and opportunities of sustainability targets while seeking improved performance and efficiencies across a large base of operationsLandmark projects that showcase what's possible when sustainability is central to a customer's brief  Website: www.irco.comLinkedIn: www.linkedin.com/company/ingersoll-rand

Beyond the Blueprint
Series 2 Trailer: Beyond the Blueprint is back

Beyond the Blueprint

Play Episode Listen Later Jan 21, 2025 1:11


Beyond the Blueprint is a podcast from Ingersoll Rand, a global provider of mission-critical flow creation and life science and industrial solutions. Each episode shares insights from the people who are making life better through their commitment to world-class engineering and manufacturing.Building on Ingersoll Rand's purpose – Making Life Better – we're looking at standout solutions those at the forefront of industrial tech are developing in response to the biggest challenges faced by both industry and the planet. Series one of the podcast shared insights on the industry challenges and opportunities, talent acquisition, and women in engineering. In series two, we will be developing this conversation further, looking at standout projects and products that showcase a best-in-class approach to sustainability, technology, and innovation. While rarely receiving the airtime they deserve, these are the stories that showcase what's possible when the industry's brightest minds converge.Website: www.irco.comLinkedIn: www.linkedin.com/company/ingersoll-rand

ASSEMBLY Audible
Ingersoll Rand's Blueprint for Sustainable Growth and Operations

ASSEMBLY Audible

Play Episode Listen Later Nov 21, 2024 21:12


Learn about Ingersoll Rand's two-part sustainability practice, "lead sustainably" from IR's VP of Sustainability, Mary Betsch. Discover how Ingersoll Rand is creating safer, more efficient products, fostering employee well-being, and driving climate-friendly initiatives—both within their walls and in the markets they serve. Mary is one of ten manufacturing professionals inducted into the Women in Manufacturing Hall of Fame.Sponsored By:

FinPod
Careers in Finance: Ashok Manthena

FinPod

Play Episode Listen Later Sep 5, 2024 11:47


In this episode of Careers in Finance on FinPod, we talk with Ashok Manthena about his experiences at companies like Google, Gap, and Ingersoll Rand, highlighting the unique opportunities and challenges in finance functions. The conversation explores the impact of AI on finance processes, automation, predictive analytics, and generative AI. Ashok provides insights into how AI transforms finance tasks and the timeline for widespread adoption. We also discuss the potential of AI in decision-making and the future of finance operations. Tune in for a deep dive into the evolving landscape of finance and AI!

Manufacturing Leaders
The Importance Of Procurement In Manufacturing

Manufacturing Leaders

Play Episode Listen Later Sep 4, 2024 43:46 Transcription Available


Send us a textUnlock the secrets of strategic procurement with our special guest, Paul Donaghy, Global Category Manager at Ingersoll Rand. Explore Paul's fascinating journey into the world of procurement and his innovative approach to leadership. Get inspired by his insights on building strong supplier relationships and the importance of effective evaluation methods amidst global challenges like Brexit, COVID-19, and geopolitical conflicts.Discover the hidden complexities of procurement processes beyond just pricing and negotiations. From identifying the perfect supplier to managing risks and ensuring legal protection, Paul's expertise sheds light on crucial aspects that often go unnoticed. Learn about the intricate balance required in transitioning into new procurement roles, identifying gaps, and aligning with business objectives. Gain a deeper understanding of the criteria for selecting good suppliers, focusing on capacity, sustainability, and cross-functional evaluations.Stay ahead of the curve with our discussion on the future of AI in procurement and the industry's shift towards sustainable practices. Paul shares his thoughts on how AI can revolutionize tasks like data correction and pricing analysis while emphasizing that the human element remains irreplaceable. We also delve into the significant impact of the supply chain on a company's carbon footprint and the necessity of flexible, adaptive procurement strategies. Whether you're a procurement professional or simply curious about the field, this episode is packed with valuable insights and actionable strategies.Please subscribe to the channel for more content! Theo James are a Manufacturing & Engineering Recruiter based in the North East, helping Manufacturing and Engineering firms grow across the UK. Please call us on 0191 5111 298

Empowering Industry Podcast - A Production of Empowering Pumps & Equipment
Preserving Expertise, Harnessing AI, and Training the Next Generation

Empowering Industry Podcast - A Production of Empowering Pumps & Equipment

Play Episode Listen Later Aug 26, 2024 21:37


Charli is joined on the pod this week by Mike Mancini to talk about his journey thought the industry. Mike Mancini started his career in 1974 at Ingersoll-Rand designing pumps for the US Navy SSN 688 and Trident submarine program. He was Vice President of Worldwide Aftermarket Services for Ingersoll-Dresser Pumps. He had profit responsibility for a $370 million-dollar business and control of over 22 repair centers.Mike went into business as an independent pump consultant in 2003. He worked with many customers in varied markets in the training of personnel, specification development, root cause analysis, and strategic planning and process improvement. Mike is now President of Total Solutions for Hydro, Inc. His job responsibilities mirror his consulting work, supporting customers in reducing their total cost of pump operation.https://hydroinc.com/Read up at EmpoweringPumps.com and stay tuned for more news about EPIC at the Colorado School of Mines Nov 12th and 13th. Find us @EmpoweringPumps on Facebook, LinkedIn,  Instagram and Twitter and using the hashtag #EmpoweringIndustryPodcast or via email podcast@empoweringpumps.com 

The Audit Podcast
Ep 206: Lessons Learning in Building an IA Team w/ Kim Ford

The Audit Podcast

Play Episode Listen Later Aug 20, 2024 36:01


This week's episode, we're joined by Kim Ford, Vice President of Internal Audit at Ingersoll Rand. In this episode, Kim shares her approach to building a strong internal audit function, including a program that trains auditors before moving them into the finance department, enhancing both controls and financial insight. She also discusses the evolving expectations of the audit committee, offering insights from a recent meeting, and explores how data and automation can boost audit efficiency, providing practical takeaways for listeners.   Be sure to connect with Kim on LinkedIn.   Also, be sure to follow us on our new social media accounts on LinkedIn, Instagram, and TikTok.   Also be sure to sign up for The Audit Podcast newsletter and to check the full video interview on The Audit Podcast YouTube channel.   Timecodes: 6:56 - Building Internal Audit Functions 9:31 - People, Processes and Technology 10:35 - Kim's Training Method 15:04 - What the Audit Committee wants from a CAE 17:23 - Best Ways to Measure Success 23:19 - RPA Use Cases 25:12 - The Personal Side of DA 28:12- The BTS of the Audit Committee Quarterly Updates 32:18- Taking Analytics to the Next Level 33:29 - Final Thoughts   *   This podcast is brought to you by Greenskies Analytics, the services firm that helps auditors leap-frog up the analytics maturity model. Their approach for launching audit analytics programs with a series of proven quick-win analytics will guarantee the results worthy of the analytics hype.  Whether your audit team needs a data strategy, methodology, governance, literacy, or anything else related to audit and analytics, schedule time with Greenskies Analytics.

Beyond the Blueprint
Women in Engineering

Beyond the Blueprint

Play Episode Listen Later Aug 14, 2024 35:29


In the third episode of Beyond the Blueprint – and series one finale – we examine the diverse careers of three highly successful women working at Ingersoll Rand. With a focus on DE&I, our guests join the dots between those early career steps and established careers while working within one of the world's largest engineering and manufacturing businesses. This time we're joined by Becki Savin, Claudine Sadoun and Izaro Urien Ojinaga. Each of our guests work across a distinct part of the business yet – as the episode highlights – all share similar experiences having forged influential roles in their chosen fields.  Topics covered in this episode include:How DE&I shapes commercial success and its role for attracting more people into engineering and manufacturingWhat's needed to drive success of these initiatives across large, international businesses like Ingersoll RandThe challenges of working in an industry that's increasingly defined by speed yet also reliant on innovationWhat our guests wished they had known beginning when starting their careersWhy the term ‘engineering and manufacturing' is not always the best explanation for what a business like Ingersoll Rand does day-to-dayWebsite: www.irco.comLinkedIn: www.linkedin.com/company/ingersoll-rand

Beyond the Blueprint
The Appetite for Talent in Engineering

Beyond the Blueprint

Play Episode Listen Later Jul 30, 2024 38:16


In the second episode of Beyond the Blueprint, we take a closer look at how companies are approaching talent acquisition within engineering and how potential candidates should prepare for those changes. We're joined by Lorraine Logan and Andy Pilbeam — two of Ingersoll Rand's most experienced talent acquisition professionals. They explain what forward-thinking businesses are now offering to attract the very best talent and how those looking to progress their career can stand out from the crowd to secure their most desired roles.Topics covered in this episode include:The current recruitment landscape and the challenges for engineering businesses looking to attract the next generation of talent.Why the skills gap persists despite efforts to bring more skilled people into the sector.Traditional pathways into an engineering career vs. the road less travelled. The generation gap in today's workforce, what entry-level engineers now seek from their employer, and how organizations are responding.The opportunities for career development and importance of diversification within a large international business such as Ingersoll Rand. Website: www.irco.comLinkedIn: www.linkedin.com/company/ingersoll-rand

Beyond the Blueprint
Beyond the Blueprint: Trailer

Beyond the Blueprint

Play Episode Listen Later Jul 9, 2024 1:27


Beyond the Blueprint is a new podcast from Ingersoll Rand. Ingersoll Rand is a global provider of mission-critical flow creation and life science and industrial solutions. Each episode will share insights from the people who make life better through their commitment to world class engineering and manufacturing.From those developing the products at the forefront of industrial tech to the talented graduates bringing new perspectives to a business that's more than 160 years old, we speak to some of the people behind the insights and concepts making waves in industrial engineering.Whether you're taking your first step onto the career ladder or looking to accelerate your career in engineering to the next level, listen in and help us to inspire innovation.Website: www.irco.comLinkedIn: www.linkedin.com/company/ingersoll-rand

Stock Market Today With IBD
Nasdaq Fades After Strong Start; Hubbell, Ingersoll Rand, NTRA In Focus

Stock Market Today With IBD

Play Episode Listen Later Apr 24, 2024 14:12


Breadth was weak all day even when the Nasdaq was near session highs. The 10-year yield rose near its high for the year, up 5 basis points to 4.65%. After earnings reports from META and ServiceNow, Microsoft and Alphabet are next up on the earnings calendar. Stocks to watch include Hubbell, Ingersoll Rand and Natera.

T-Minus Space Daily
Boeing sues Virgin Galactic.

T-Minus Space Daily

Play Episode Listen Later Mar 26, 2024 30:10


Boeing and its subsidiary Aurora Flight Sciences are suing Virgin Galactic, alleging theft of trade secrets and failure to pay $25 million for their collaboration on a new “mothership”. Ingersoll Rand has announced its intention to purchase ILC Dover for approximately $2.33 billion. Apex has announced a successful demonstration of end-to-end capabilities of the Aries platform, and more. Remember to leave us a 5-star rating and review in your favorite podcast app. Miss an episode? Sign-up for our weekly intelligence roundup, Signals and Space, and you'll never miss a beat. And be sure to follow T-Minus on LinkedIn and Instagram. T-Minus Guest Our guest today is Dr Elaina Hyde, Director of York University's Allan I Carswell Observatory. You can connect with Elaina on LinkedIn and learn more about the observatory at York University on their website. Selected Reading Virgin Galactic Sued by Boeing Over Trade Secrets - RetailWire Ingersoll Rand to buy ILC Dover for about $2.33 billion in life sciences push- Reuters Apex Completes First Payload Commissioning, Downlinks “Satellite Selfie,” as Part of Its Aries Call to Adventure Mission- Business Wire Spire Global Announces Closing of $30 Million Registered Direct Offering- Business Wire SpaceX reaches its 175th Falcon 9 flight from Cape Canaveral with Monday evening Starlink mission – Spaceflight Now Intuitive Machines' historic private moon mission comes to an end- Space CSIRO 3D mapping tech blasts off for International Space Station Momentus Announces Chief Financial Officer Transition- Business Wire Venus Aerospace Achieves Successful Inaugural Supersonic Drone Flight Space For Humanity Announce Support Of Amanda Nguyen Launch To Space. First Vietnamese Woman To Fly To Space T-Minus Crew Survey We want to hear from you! Please complete our 4 question survey. It'll help us get better and deliver you the most mission-critical space intel every day. Want to hear your company in the show? You too can reach the most influential leaders and operators in the industry. Here's our media kit. Contact us at space@n2k.com to request more info. Want to join us for an interview? Please send your pitch to space-editor@n2k.com and include your name, affiliation, and topic proposal. T-Minus is a production of N2K Networks, your source for strategic workforce intelligence. © N2K Networks, Inc. Learn more about your ad choices. Visit megaphone.fm/adchoices

Mercado Abierto
Análisis de Wall Street, por Ricardo González

Mercado Abierto

Play Episode Listen Later Mar 25, 2024 7:08


Ricardo González, gestor de GPM y autor del libro "El Código de Wall Street", analiza valores clave como Apple, Alphabet, Meta, Intel, AMD, Boeing, Ingersoll Rand y United Airlines.

Air Power Airwaves
Air Power Airwaves S43E1: Introducing new game-changing technology from Ingersoll Rand.

Air Power Airwaves

Play Episode Listen Later Mar 14, 2024 25:44


It's all about new game-changing technology in this episode of Air Power Airwaves! Host Travis Stirewalt chats with Ingersoll Rand's Chris Scarborough and Air Power's James Stanley about 2 new technologies that IR are going to change the way our customers manufacture their products.First up we discuss the new "Drive XChange System" featured on the 2236 Max Series. This patented new technology allows you to change out anvils without adaptors that drain your tool's power. Then James dives into the new RTS (Responsive Tightening Systems) that IR is releasing to be a hybrid between regular impact tools and precision fastening equipment already on the market. RTS an "advanced assembly" tool that is programmable for each of your different applications.If you have any questions about today's topic or would like to schedule an Air Power visit to your facility for more information on the new Drive Xchange System or RTS, please contact Air Power today at 1-800-334-1001 or visit us online at www.airpower-usa.com.Connect with Air Power Manufacturing Solutions on: LinkedIn | Facebook | Instagram | Twitter

random Wiki of the Day
Ingersoll Rand Industrial Technologies

random Wiki of the Day

Play Episode Listen Later Mar 5, 2024 1:32


rWotD Episode 2497: Ingersoll Rand Industrial Technologies Welcome to random Wiki of the Day where we read the summary of a random Wikipedia page every day.The random article for Tuesday, 5 March 2024 is Ingersoll Rand Industrial Technologies.Ingersoll Rand Industrial Technologies is a division of Ingersoll Rand. The division manufactures products including air compressors, compressed air treatment and control equipment, turn-key compressed air systems, consumer and commercial tools, pumps and fluid handling systems and material handling and lifting equipment.Brands in the Industrial Technologies sector include Ingersoll Rand, ARO pumps and Thunder Gun impact tools. Until 2021, the Industrial Technologies division included Club Car, a maker of golf and utility vehicles for businesses and individuals.This recording reflects the Wikipedia text as of 00:03 UTC on Tuesday, 5 March 2024.For the full current version of the article, see Ingersoll Rand Industrial Technologies on Wikipedia.This podcast uses content from Wikipedia under the Creative Commons Attribution-ShareAlike License.Visit our archives at wikioftheday.com and subscribe to stay updated on new episodes.Follow us on Mastodon at @wikioftheday@masto.ai.Also check out Curmudgeon's Corner, a current events podcast.Until next time, I'm Kimberly Neural.

CAREER-VIEW MIRROR - biographies of colleagues in the automotive and mobility industries.
Steve Siebold: When ability, coachability, commitment, curiosity and luck combine to turn a professional athlete into a sales growth expert, top 1% speaker and personal development revolutionary.

CAREER-VIEW MIRROR - biographies of colleagues in the automotive and mobility industries.

Play Episode Play 37 sec Highlight Listen Later Jan 22, 2024 88:47 Transcription Available


In this episode we are celebrating the career to date of Steve Siebold.Since 1997, Steve Siebold, CSP, CFEd has helped Fortune 100 companies increase sales by $1.3 billion USD through his flagship training program, Mental Toughness University.Siebold has delivered $16 million in keynote speeches at National and International Conventions for companies such as Johnson & Johnson, Ingersoll-Rand, Caterpillar, Merck, GlaxoSmithKline, Toyota, Chrysler-Fiat, Transamerica and hundreds of others. His 12 books have sold over 1.6 million copies, including the #1 selling book of 2020 on Personal Finance, How Money Works, with co-author Tom Mathews. Siebold's books have been translated into 7 languages.He's a former professional tennis player and national coach. His sports clients include Andre Agassi, the Boston Celtics, Miami Marlins and Ohio State Buckeyes.As the CEO of Siebold Success Network, Steve oversees a team of 118 inside and outside salespeople, which gives him unique insights on how to build a mentally tough sales team.Steve's work has been featured on every major television network in the United States and Canada, and his interviews and articles have appeared in the Wall Street Journal, Fortune, Forbes, USA Today and hundreds of other publications around the world.As a professional speaker, Steve ranks among the top 1% of income earners worldwide. He is the former chairman of the National Speakers Association's Million-Dollar Speaker Group.In our conversation, we talk about what Steve learned from his professional tennis career and how that helped him as an entrepreneur, the value of coaches and mentors (particularly if we are able to follow their guidance with commitment), how it's easier to commit if what we are committing to is genuinely the right thing for us, the role that luck has played in his success and how he and his wife and business partner Dawn are now intent on giving back and giving others a hand up in various ways including the International Personal Development Association whose mission is to reduce human suffering around the world through personal development.  I first got to know about Steve in 2010 and I've followed his work ever since. I'm delighted that he joined me to create this episode and I'm thrilled to share his insights with you.Connect with Steve on LinkedIn: Steve SieboldSpeaker Steve SieboldInternational Personal Development AssociationSteve on TVThank you to our sponsors: ASKE Consulting Email: hello@askeconsulting.co.ukAquilaeEmail: cvm@aquilae.co.ukEpisode Directory on Instagram @careerviewmirrorIf you enjoy listening to our guests career stories, please follow CAREER-VIEW MIRROR in your podcast app. Episode recorded on 4 January 2024.

The Empowering Women Podcast
The Gift of Courage with Dina Boggess

The Empowering Women Podcast

Play Episode Listen Later Dec 20, 2023 51:48


ABOUT OUR GUEST:  Dina Boggess is a results-oriented procurement and integrated supply chain executive with a proven track record of delivering top tier performance and driving digital transformation within Fortune 500 companies.She's held progressive leadership roles with scopes including direct material, indirect goods and services as well as new product development.  She's also spent time in multiple industries including retail apparel with Tween Brands, industrial manufacturing with Ingersoll Rand and Trane Technologies and the logistics industry with XPO.Dina is an advocate of helping support women in industry and devotes time to coaching and mentoring to aid others in unlocking their greatest potential.  She also participates in and supports organizations such as the Women In Manufacturing (WiM) national trade association and the National Minority Supplier Development Council (NMSDC). CONNECT WITH DINA           LinkedIn   EPISODE AND EMPOWERING WOMEN IN INDUSTRY LINKSCowbell LinkGratitude Journal for WomenEmpowering Women in Industry MembershipEmpowering Women in Industry MagazineEmpowering Women in Industry WebsiteEmpowering Women in Industry Virtual Events (Including Book Club and Membership Circles)Shannon Bumgarner Linked In QUOTES AND KEY TAKEAWAYS“Sometimes being courageous does not have to be this gigantic, really tough thing that you step into. It could be something really small that does not seem like a lot for you.  But it is really impactful to the other person.  Courage can be big or small.”Dina's mantra, “Grit. Grace. Gratitude.”“Courage is a heart word. The root of the word courage is cor - the Latin word for heart. In one of its earliest forms, the word courage meant "To speak one's mind by telling all one's heart.” – Brene BrownCourage:  “Stepping into unknown purposefully with your head held high.  Tackling that challenge head on.”“Showing up is courageous.  Sometimes we overthink.  It is just showing up and letting what will be, will be.”“Fake it till you become it.”Connection:  “Be mindful to not just gravitate towards the people that are naturally in your circle. Be purposeful.  Find other (connections) that you would not normally have in the day-to-day.”Connection: “Be really thoughtful on how and what connections you are going to keep.” On Purpose Over Time:  “Whatever your (purpose) answer is, that is the answer for right now. It does not mean that is what it has to look like go forward. “ “There is no such thing as perfect work life balance. There is an integration of the two where you are going to have peaks and valleys. It's how you comingle those.”On Grace:  “Self-compassion and kindness; not only for others but for yourself.”“Create space and time for trust and honesty on your team. If you can cultivate that, it is priceless.”

Stock Market Today With IBD
Tech Stocks Pause After Bullish Run; IR, SNOW, CW In Focus

Stock Market Today With IBD

Play Episode Listen Later Nov 30, 2023 16:37


Bond yields rose as health care, industrial and financial stocks outperformed. Among the Magnificent 7 stocks. Nvidia, Alphabet and Tesla lagged. Ingersoll Rand is near the top of a cup base; Snowflake soared on earnings and Curtiss-Wright is still in a buy zone.

The CMO Podcast
Carrie Ruddy (Trane Technologies) | A Great Purpose Can Change a Company

The CMO Podcast

Play Episode Listen Later Nov 8, 2023 52:57


The guest this week on The CMO Podcast is Carrie Ruddy, the Senior Vice President, Chief Communications & Marketing Officer of Trane Technologies–a 17 billion dollar by sales company focused on heating, ventilation, air conditioning and refrigeration systems. But this is no ordinary HVAC company–they are 100% focused on helping solve the climate change crisis through innovative new products and services. Trane's CEO attributes their strong business results to “a focused execution of our purpose driven strategy.” We'll talk about that.Carrie first discovered her passion for communications at the non-profit United Way, after completing her Bachelors at Colgate University, majoring in English and Philosophy. From there she made stops in several industries, including financial services and grocery/retail, before joining manufacturer Ingersoll Rand in 2014. In 2020 the tools business of Ingersoll Rand was spun off, and the remaining company was named Trane Technologies. In January 2022 Carrie was named Chief Communications and Marketing Officer of Trane Technologies. Recorded at the Next Gen CMO Academy at Deloitte University, during a Texas heatwave, (it was 105 degrees!) It's only fitting that Carrie joined Jim in the crisp AC for her first ever podcast interview. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Impact Pricing
Maximize Profits with Intelligent Pricing through Customer Segmentation with Nikhil Kalla

Impact Pricing

Play Episode Listen Later Nov 6, 2023 33:11


Nikhil Kalla is a Global Pricing Manager at Ingersoll Rand who collaborates closely with regional pricing and global cross functional teams to drive projects that build pricing governance, create value propositions, align pricing with the market by applying segmentation, harmonization, rationalization and market research. In this episode, Nikhil shares the significance of customer segmentation in developing a product that caters to different pricing tiers - top, middle, and low. This approach ensures that the product aligns with customers' willingness to pay based on the value they receive.   "If we had known our customer more or the most, you would have been able to segment your market and gain maximum on your profitability." - Nikhil Kalla    Why you have to check out today's podcast: Learn how customer segmentation drives different pricing points while still attracting customers from various segments Gain insights into the significance of customer segmentation in shaping product design and establishing pricing strategies that cater to customers' varying levels of willingness to pay Find out how proper communication of your product's value can help you gain the most advantage in pricing   Topics Covered: 01:46 - What's all this obsession of Nikhil over mastering Rubik's cube  02:52 - How he found himself in pricing 04:31 - Defining customer segmentation 07:09 - Customer segmentation by way of price segmentation 08:59 - What goes into approving different price points for different customers and even for the same ones 11:20 - What drives different pricing mix 17:18 - Market segmentation as a way to sell your products more intelligently 19:40 - How this works: Two different products targets two different market segments with two different price points 26:42 - Explaining what real-life scenario versus assumptions when talking about value to price ratio[how packaging works as part of customer segmentation] 30:23 - Nikhil's best pricing advice   Key Takeaways: "Customer segmentation is all about deriving value, the maximum value from your customer base." - Nikhil Kalla  "Other than just being value and pricing, I feel there's more about communication of that value and then convincing part to be able to fetch maximum price so that the ratio of value by price is least as a win for me if I'm the supplier. And it has to be maximum so that the buyer gets to gain the most out of that transaction." - Nikhil Kalla  "When it comes to having the ability to sell to a slightly non elastic market where the demand is going to be expected to stay the same, you would always want to rely on pricing as a lever. Because everything that comes through pricing just goes to your pocket." - Nikhil Kalla    Connect with Nikhil Kalla: LinkedIn: https://www.linkedin.com/in/nikhil-kalla   Connect with Mark Stiving: LinkedIn: https://www.linkedin.com/in/stiving/ Email: mark@impactpricing.com  

The Shape of Work
#495: Jaideep Wadhwa on the power of E-Mobility and effective team management

The Shape of Work

Play Episode Listen Later Oct 16, 2023 18:12 Transcription Available


"In a rapidly growing industry, adaptability is key. Our dynamic approach to responsibilities allows team members to seize opportunities and excel. It's a source of immense pride to lead such a capable and resilient group through adversity and triumph, knowing they will be the bedrock of our future success."In today's episode of The Shape of Work, hear how Jaideep Wadhwa, Director of STERLING GTAKE E-MOBILTIY LTD, charts a compelling course from his family business to becoming a business leader and entrepreneur. With 30 years of experience, he takes you on a fascinating journey through the world of international business management and the electric vehicle industry. He earned his BA degree from the esteemed St. Stephen's College in Delhi, followed by an MBA from the prestigious University of Virginia Darden School of Business. Throughout his career, he has contributed his expertise to renowned organizations including Ingersoll Rand, Actis, Max Speciality Films, and Pravah Advisors, among others.In this episode, Jaideep shares the secrets of his successful management style, focusing on building and nurturing a dynamic team. He talks about how he gives his team the liberty to achieve results while endorsing a healthy work-life balance.Episode HighlightsHow to ensure that the business remains focused on meeting the needs of the customer?How to approach building and leading effective teams within the organisation?Importance of leaders being aware of what their team needsStrategies for maintaining work-life balanceFollow Jaideep on LinkedinProduced by: Priya BhattPodcast Host: Archit SethiAbout Springworks:Springworks is a fully-distributed HR technology organisation building tools and products to simplify recruitment, onboarding, employee engagement, and retention. The product stack from Springworks includes:SpringVerify— B2B verification platformEngageWith— employee recognition and rewards platform that enriches company cultureTrivia — a suite of real-time, fun, and interactive games platforms for remote/hybrid team-buildingSpringRole — verified professional-profile platform backed by blockchain, andSpringRecruit — a forever-free applicant tracking system.Springworks prides itself on being an organisation focused on employee well-being and workplace culture, leading to a 4.8 rating on Glassdoor for the 200+ employee strength company.

Empowering Industry Podcast - A Production of Empowering Pumps & Equipment

This week Charli has Jessica  Poliner on to talk about her journey.Jessica Poliner is a global executive and board director with a proven track record of growth in industrial businesses. She is passionate about technology and the rigor of strong operating systems. Poliner is committed to authenticity and inclusion as key levers to drive outstanding business results. She has led publicly-listed and privately held businesses, ranging from tech start-ups to well-established industrials. Currently, Poliner serves as President and Chief Executive Officer of relayr, the Industrial IoT powerhouse – a technology company that harnesses the power of data to generate meaningful business outcomes. She also serves on the board of directors for relayr, IoT Financial Services LLC, and Munich Re's IoT Advisory Council. Before joining relayr, Poliner served as the President of Molding Solutions, a prominent business unit in the plastic injection molding industry, leading approximately 2,200 global employees across twelve global manufacturing locations and other offices. Molding Solutions' end markets include medical, automotive, packaging, and personal care. Prior to this role, Poliner held global general management roles with the Thermo King business of Ingersoll Rand. Before joining Thermo King, she held leadership roles at Caterpillar, Inc., where she served in positions of increasing importance in general management, marketing, sales, operations, distribution, and aftermarket and connected solutions. Poliner began her career as a lawyer, where she focused primarily on corporate law and mergers & acquisitions. Poliner is proud to have lived and worked all over the world, including the U.S., Argentina, Panama, India, Belgium, and now Germany. She holds a Juris Doctorate (J.D.) from Marquette University Law School and a bachelor's degree from Vanderbilt University. Poliner has also completed graduate work at the University of Buenos Aires and received the executive Certificate of Management Excellence from Harvard Business School.An endurance athlete in the workplace and out, Poliner is also a published co-author of"[Un]Skirting the Issues: A Guide for the Well-Intentioned Man in Today's Workplace" and is an avid speaker on gender parity and unconscious bias, in addition to sustainability and digitalization.Read up at EmpoweringPumps.com and stay tuned for more news about EPIC in Atlanta this November!Find us @EmpoweringPumps on Facebook, LinkedIn,  Instagram and Twitter and using the hashtag #EmpoweringIndustryPodcast or via email podcast@empoweringpumps.com  

Stock Market Today With IBD
Nasdaq Fades Off Highs After Mixed CPI Data; Airbnb, CDNS, IR In Focus

Stock Market Today With IBD

Play Episode Listen Later Sep 13, 2023 15:53


The 10-year Treasury yield reversed lower after hitting a high of 4.34%. Oil and gas, airline and solar stocks lagged. Airbnb halted a four-session win streak, but continues to hold above key support levels. Cadence Design Systems outperformed, but Ingersoll Rand flashed a sell signal.

The Lean Solutions Podcast
The Red Bead Experiment with John Dyer

The Lean Solutions Podcast

Play Episode Listen Later Aug 15, 2023 35:43


In this episode, John Dyer and I explore the insights gleaned from Dr. W. Edwards Deming's "Red Bead Experiment," the efficacy of hands-on visual teaching, and insights from "The Leadership Experiment." What You'll Learn: Dr. W. Edwards Deming performed the "Red Bead Experiment" in many of his classes. What were some of the lessons he was trying to share with his audience?  What is the power behind using a hands-on, visual teaching technique, such as the Red Beads, to teach a difficult lesson?  I understand that you have been developing an activity called "The Leadership Experiment." Can you describe what this activity is all about?  What are some of the lessons learned?  Can you share with our audience an idea you are working on regarding a Lean, team based process improvement competition that we may try and implement in 2024? About the Guest:  John Dyer is an author, coach, and trainer with 39 years of experience in the field of improving processes. His recently published book “the Façade of Excellence; Defining a New Normal of Leadership” examines the four leadership styles required to move an organization's culture to one of trust, collaboration, and teamwork. John started his career with General Electric and then worked his way up to a Corporate V.P. of Global Improvement at Ingersoll-Rand before starting his own consulting company. He has had the opportunity to study with several leaders in the continuous improvement field such as Dr. W. Edwards Deming, Brian Joiner, and Stephen Covey. Links: Click here for more information on "The Façade of Excellence" ⁠Click here for The Lean Solutions Summit  Click here for registration and ticket information --- Support this podcast: https://podcasters.spotify.com/pod/show/leansolutions/support

FP&A Today
Ashok Manthena: FP&A at Google and GAP to AI leadership

FP&A Today

Play Episode Listen Later Aug 15, 2023 44:25


Ashok Manthena has supported FP&A teams at some of the biggest and most well-known companies on the planet including Google, GAP, and Ingersoll Rand. This included a period at Google which was striking because of “the amount of resources available for finance” particularly when it comes to killing manual finance processes. He says there is an in-built DNA to “automate manual processes”. He says: “This bubbles up naturally when they find there is an, there is a manual process and everyone comes together and thinks about how to automate that process.” In a second career stage Ashok has been a leader in AI finance carrying out practical research, giving keynote speeches and providing practical advice on transforming businesses through the use of AI. Rapid fire questions: Why I want to meet Gandhi – to doing Doing sensitivity analysis in ChatGPT  Why we should all be embarrassed by the  stat that 70% of FP&A is spent on getting the data (vs only 30% on insights)  The power of meetups meetups and the return of face to face meetings for finance learning  What my career FP&A career at Google taught me  The near future of automation and AI including running daily reports to the CFO  Why data priority needs to be the #1 priority alongiside faster surfacing of data issues to leadership How I became a leading AI finance speaker and writer and started a tech startup Two ways AI is going to revolutionize FP&A Departments forever  How ChatGPT will be a new interface for finance – practical examples  The playbook for smaller finance teams and businesses to  thrive in the AI age Advice to get started with AI in FP&A The role of data science in the future of FP&A FP&A Today is brought to you by Datarails,the AI-powered financial planning and analysis platform.  Keep your own Excel financial models and spreadsheets and benefit from AI for data consolidation, reporting and planning. Follow Ashok on LinkedIn YouTube video of the episode Follow Paul Barnhurst on LinkedIn  Follow Datarails on LinkedIn

3,2,1 iRelaunch
EP 264:Electrical engineer relaunched her career 4 years ago and is going strong with Tcheula Lienou

3,2,1 iRelaunch

Play Episode Listen Later Jun 1, 2023 35:14


Tcheula Lienou, a Senior Controls Hardware Engineer with Trane Technologies took a ten-year career break to raise her three children before relaunching her career in 2019. Tcheula participated in the inaugural cohort of Ingersoll Rand's ReLaunch career reentry program, which is now run by Trane Technologies following a 2020 corporate restructuring. Her focus is in new product development, life cycle engineering, quality and supply chain. We will speak with Tcheula about her career path, career break and her career progression since participating in the ReLaunch program.

The Treasury Career Corner
Treasury Recruitment Company Update, May 2023

The Treasury Career Corner

Play Episode Listen Later May 5, 2023 20:09


In our latest monthly update, our CEO & Founder Mike Richards reflects back on the month just gone and on what's to come. On the podcast he discusses…Recap of the podcast episodes in April:Ep. 262 – Interview with Royston Da Costa, Assistant Treasurer at Ferguson Group about the next stage of technology in treasuryEp. 263 – Interview with Jean Furter, Treasurer at Poly about predicting the future of treasuryEp. 264 – Interview with Marc Verkuil, Founder of Amstel Treasury Management about developing regions in treasuryEp. 265 – Interview with Francisco De Barros, Assistant Treasurer at Ingersoll Rand about finding supportive mentors in treasuryUpcoming podcast episodes this May:Interview with Tanya Kuznetsova, Director - Treasury and Cash Cycle Transformation at Baptist HealthcareSpecial Feature Episode on Retaining Your Treasury Team in the New Age of Hybrid WorkingUpcoming EventsMike hosting a virtual AFP webinar on Achieving Career Success Through Effective Networking and a Strong Personal Brand' with Lee-Ann Perkins & Joel Campbell'Mike speaking at Windy City Summit in Chicago on the first morning in May, about ‘The Importance of Branding and Networking to Achieve Success in Your Treasury Career'Mike and Katie will be attending Euro Finance in Barcelona to meet candidates from different marketsMike will also be speaking at TMANY, New York and AFP, San Diego – more details to followMike also discusses the current state of the USA, European and USA market and the top UK questions he gets asked. Other areas discussed in the show included;The treasury recruitment market in the US is busy with jobs spread across the marketThe operational level has more job openings, but some senior roles are harder to come bySalaries in the US are rising but keeping pace with inflation BUT they are not overtaking itKatie Hardie said the European market had a slow start in Q1 but is now picking up, with plenty of opportunities in the Nordics, Belgium, Luxembourg, and GermanyCraig Perkins from Treasury Recruitment shares some of the top questions he's being asked by candidates, including how soon is too soon to be looking for the next career move. It depends on whether candidates have achieved their goals and conquered the challenges in their current roles.

The B2B Marketing & Sales Podcast
B2B Marketing: Past, Present and Future!

The B2B Marketing & Sales Podcast

Play Episode Listen Later May 2, 2023 55:40


Mike McCalley is the founder of The Vertical Solution, a B2B marketing and consulting firm.  Mike is a former CMO of GE and a marketing and sales leader at several well-known B2B firms, such as CECO Environmental, Flowserve, Newell and Ingersoll-Rand.  He has a new podcast coming out called Get Vertical. In this episode, Dave Loomis interviews Mike about the importance of vertical market segmentation, the most important enduring principle of B2B marketing (hint – it has to do with customers), and the prospect for new technologies and approaches moving forward.  We think you'll be inspired by this relaxed conversation, regardless of where you are in your career!Follow Mike on LinkedIn: https://www.linkedin.com/in/michaelmccalley/ =============Follow Dave on LinkedIn: https://www.linkedin.com/in/davidloomis/Follow Steve:https://www.linkedin.com/in/steveamiller/

The Treasury Career Corner
Finding Supportive Mentors in Treasury with Francisco De Barros

The Treasury Career Corner

Play Episode Listen Later Apr 25, 2023 33:42


The growth of a treasury career takes determination, and a supportive boss or mentor can help propel your career to new heights. On this episode of The Treasury Career Corner, we are joined by Francisco De Barros, Assistant Treasurer at Ingersoll Rand. Francisco explains how mentors and managers helped propel his career to new heights and why it's important to push yourself and find growth opportunities in treasury. Plus, he explores the differences between each of his roles, moving abroad and his views on technology in treasury. Francisco is a seasoned treasury and finance professional with experience in trade finance, FX management, cash management and capital markets. After interning at GE Money, Francisco began his career at Tyco International, starting as a Corporate Auditor before progressing to Treasury Manager of Global Liquidity. He later switched to an FP&A Management role before returning to treasury. He joined AbbVie, working in multiple treasury roles until March 2021 when he moved to Assistant Treasurer at Ingersoll Rand. On the podcast we discussed… Francisco's first moves into finance Switching from treasury to FP&A and back How mentors helped push his career forward How treasury teams should use technology The differences between his treasury roles The importance of pushing yourself Looking for opportunities to grow Why mentorship is key to success You can connect with Francisco De Barros on LinkedIn. Are you interested in pursuing a career within Treasury? Whether you've recently graduated, or you want to search for new job opportunities to help develop your treasury career, The Treasury Recruitment Company can help you in your search for the perfect job. Find out more here. Or, send us your CV and let us help you in your next career move! If you're enjoying the show please rate and review us on whatever podcast app you listen to us on, for Apple Podcasts click here! If you're interested in learning more about the fundamental pillars of treasury, download my free Corporate Treasury eBook by clicking here!

Connecting the Dots
The Façade of Excellence with John Dyer

Connecting the Dots

Play Episode Listen Later Apr 13, 2023 28:35


John Dyer is anauthor, coach, and trainer with 38 years of experience in the field ofimproving processes. His recently published book “the Façade of Excellence;Defining a New Normal of Leadership” examines the four leadership stylesrequired to move an organization's culture to one of trust, collaboration, andteamwork. John started his career with General Electric and then workedfor Ingersoll-Rand before starting his own consulting company. He has hadthe opportunity to study with the leaders in the continuous improvement fieldsuch as Dr. W. Edwards Deming, Brian Joiner, and Stephen Covey.John has anElectrical Engineering degree from Tennessee Technological University as wellas an international Master's of Business from Purdue University and theUniversity of Rouen in France. He is a contributing Editor for IndustryWeek magazine and a judge in their annual “Best Plants” contest.Link to claim CME credit: https://www.surveymonkey.com/r/3DXCFW3CME credit is available for up to 3 years after the stated release dateContact CEOD@bmhcc.org if you have any questions about claiming credit.

Halftime Report
Big Week For Your Money 4/10/23

Halftime Report

Play Episode Listen Later Apr 10, 2023 44:53


Scott Wapner and the Investment Committee discuss the big week ahead for your money as earnings season kicks off and more inflation data rolls in.  Plus, a Chart of the Day on Pioneer Natural Resources, and our Calls of the Day on Nike, McDonald's and Ingersoll Rand. And later, we grade your latest trades! Investment Committee Disclosures

Outthinkers
#84—Andrew Winston: Achieving Net Positive Impact as a Business

Outthinkers

Play Episode Listen Later Apr 7, 2023 20:23


Andrew Winston is one of the world's most widely read writers and leading thinkers on sustainable business. His books on sustainability strategy, including Green to Gold and The Big Pivot, have sold more than 150,000 copies in seven languages. Winston has also written cover stories for Harvard Business Review and published hundreds of articles in HBR, MIT Sloan Management Review, and other top publications. He was recently selected for the Thinkers50 Radar 2020, a list of 30 thinkers to watch out for in the coming year. His views on strategy have been sought after by many of the world's leading companies, including 3M, DuPont, HP, Ingersoll Rand, Johnson & Johnson, Kimberly-Clark, Marriott, PepsiCo, PwC, and Unilever. Andrew has spent much of his career helping business leaders understand how to put sustainability at the forefront of their strategy—which will inevitably affect all industries and companies. In this podcast he shares with us: Why this seemingly impossible ideas of not net zero but net positive is actually feasibleHow the pandemic actually accelerated both interest and willingness to accept the transition to greener global initiatives Why now is a good time to invest in ESG/sustainability initiatives The role of business in society, and why has it changed over time How any company can make a leap or move to adopting sustainable practices—taking UPS as an example, and how all industries will inevitably be affected _________________________________________________________________________________________Episode Timeline:00:00—Highlight from today's episode00:45—Introducing Andrew + The topic of today's episode2:05—If you really know me, you know that...3:26—What is your definition of strategy?4:48—What got you interested in strategy, and particularly in ESG and sustainability strategy?6:03—Why do companies care about sustainability now where they didn't as much in the past?7:59—Why is ESG and sustainability a smart place to invest right now?11:00—Do you think there is a fundamental mindset shift happening in leadership?13:34—Could you tell us about how UPS adopted sustainable practices in a surprising, yet effective way?15:10—Could you talk about the future of various industries, using agriculture as an example?17:44—Where should strategists start with net positive practices?20:00—How can people follow you and keep learning from you?__________________________________________________________________________________________Additional Resources: Personal Page: https://andrewwinston.com/Newest Book, Net Positive: https://netpositive.world/book/Linkedin: https://www.linkedin.com/in/andrewwinston/Twitter: https://twitter.com/andrewwinston

Outthinkers
#84—Andrew Winston: Achieving Net Positive Impact as a Business

Outthinkers

Play Episode Listen Later Apr 7, 2023 20:23


Andrew Winston is one of the world's most widely read writers and leading thinkers on sustainable business. His books on sustainability strategy, including Green to Gold and The Big Pivot, have sold more than 150,000 copies in seven languages. Winston has also written cover stories for Harvard Business Review and published hundreds of articles in HBR, MIT Sloan Management Review, and other top publications. He was recently selected for the Thinkers50 Radar 2020, a list of 30 thinkers to watch out for in the coming year. His views on strategy have been sought after by many of the world's leading companies, including 3M, DuPont, HP, Ingersoll Rand, Johnson & Johnson, Kimberly-Clark, Marriott, PepsiCo, PwC, and Unilever. Andrew has spent much of his career helping business leaders understand how to put sustainability at the forefront of their strategy—which will inevitably affect all industries and companies. In this podcast he shares with us: Why this seemingly impossible ideas of not net zero but net positive is actually feasibleHow the pandemic actually accelerated both interest and willingness to accept the transition to greener global initiatives Why now is a good time to invest in ESG/sustainability initiatives The role of business in society, and why has it changed over time How any company can make a leap or move to adopting sustainable practices—taking UPS as an example, and how all industries will inevitably be affected _________________________________________________________________________________________Episode Timeline:00:00—Highlight from today's episode00:45—Introducing Andrew + The topic of today's episode2:05—If you really know me, you know that...3:26—What is your definition of strategy?4:48—What got you interested in strategy, and particularly in ESG and sustainability strategy?6:03—Why do companies care about sustainability now where they didn't as much in the past?7:59—Why is ESG and sustainability a smart place to invest right now?11:00—Do you think there is a fundamental mindset shift happening in leadership?13:34—Could you tell us about how UPS adopted sustainable practices in a surprising, yet effective way?15:10—Could you talk about the future of various industries, using agriculture as an example?17:44—Where should strategists start with net positive practices?20:00—How can people follow you and keep learning from you?__________________________________________________________________________________________Additional Resources: Personal Page: https://andrewwinston.com/Newest Book, Net Positive: https://netpositive.world/book/Linkedin: https://www.linkedin.com/in/andrewwinston/Twitter: https://twitter.com/andrewwinston

The Shape of Work
#271: Pallavi Poddar on building new skill set for employees and future of work

The Shape of Work

Play Episode Listen Later Dec 19, 2022 21:27


On this episode of The Shape of Work, our guest talks about Building new skill sets for employees and making the workplace future-ready, especially in challenging scenarios.We welcome Pallavi Poddar, CHRO- Fenesta Windows (previously, Regional HR Director at Ingersoll Rand).Pallavi is a strategic HR Leader, having perfected the technique for the best HR intervention and innovative talent strategy for global businesses by focusing on organisational growth to drive bottom-line results, working closely with the senior leaders across the businesses.“The biggest need today is partnership- not only within the team but across organisations. That's what is going to be our winning strategy for the future.”Episode HighlightsBuilding new skill sets for employeesChange management for digital transportStrategies to build a future-ready workforceWhat will be the future of work?Follow Pallavi on LinkedinProduced by: Priya BhattPodcast Host: Archit SethiAbout Springworks:Springworks is a fully-distributed HR technology organisation building tools and products to simplify recruitment, onboarding, employee engagement, and retention. The product stack from Springworks includes:SpringVerify— B2B verification platformEngageWith— employee recognition and rewards platform that enriches company cultureTrivia — a suite of real-time, fun, and interactive games platforms for remote/hybrid team-buildingSpringRole — verified professional-profile platform backed by blockchain, andSpringRecruit — a forever-free applicant tracking system.Springworks prides itself on being an organisation focused on employee well-being and workplace culture, leading to a 4.8 rating on Glassdoor for the 200+ employee strength company.

Green Connections Radio -  Women Who Innovate With Purpose, & Career Issues, Including in Energy, Sustainability, Responsibil

“There's a few reasons why a building owner might want to electrify their building and get heat pumps. One is that it is a better experience for the people who are living in those units. It's really, really quiet. it's healthier, it's safer…and then secondly, there should be less maintenance cost over time. Just having one system that's really efficient.” Lauren Salz on Electric Ladies Podcast Heat pumps are suddenly getting a spotlight. Between big financial incentives for them in the new U.S. Inflation Reduction Act's climate provisions, Germany's ramp up of these pumps to help manage the cold winter as Germany stops using Russian oil and gas, and even Consumer Reports doing a "heat pumps buying guide," you might wonder what heat pumps are and how they can help mitigate climate change. Enter Lauren Salz, Co-Founder and CEO of Sealed, an innovative heat pump company that helps homeowners reduce their energy bills. Listen to Lauren explain how these work and more in this engaging conversation with host Joan Michelson on Electric Ladies Podcast. You'll hear: How heat pumps work, including how they reduce energy bills. What financial incentives are out there to reduce the cost of installing heat pumps in your home or apartment building or commercial building. How Sealed works to help homeowners and property managers find the right heat and air conditioning systems for their budget and buildings (HVACs), including questions to ask. Plus, insightful career advice …. “Career women who are looking to progress in their career (should) really be raising your hand for opportunities and letting people know at work that here's where you want to be heading and you're looking for help and advice on how to get there.…Because…sometimes people can kind of get stuck a little bit in middle management, and the way to progress is to let people know that you are ambitious and you want to keep on progressing in your career and you want to know specifically how you can go and do that.” Lauren Salz on Electric Ladies podcast   You'll also want to listen to: (some might be recorded under our previous name, Green Connections Radio) Jennifer Gerbi, Ph.D., Deputy Director and Acting Director, ARPA-E of the U.S. Dept. of Energy (Advanced Projects Research Agency, for Energy), on innovating energy solutions Halla Hrund Logadottir, Head of Iceland's National Energy Authority, on how that country achieved 85% renewable energy. Meredyth Crichton, head of the Dominion Energy Innovation Center at Clemson University, on wind power. Rasha Hasaneen, head of Innovation at what is now Trane Technologies, formerly Ingersoll Rand, on innovation HVAC systems and related products Katie Pavlovsky, head of Energy, Resources and Industrials at Deloitte Subscribe to our newsletter to receive our podcasts, blog, events and special coaching offers.. Thanks for subscribing on Apple Podcasts or iHeartRadio and leaving us a review! Reach us on Twitter @joanmichelson  

OHNE AKTIEN WIRD SCHWER - Tägliche Börsen-News
“Ingersoll Rand - ein Tenbagger?” - China-Krise & Klima-Aktivist mit Milliarden

OHNE AKTIEN WIRD SCHWER - Tägliche Börsen-News

Play Episode Listen Later Nov 28, 2022 11:11


Apple, Affirm und Roblox lieben den Black Friday und ein Teil der Kryptowelt liebt den Rettungsfonds von Binance. Abseits davon gab's in China vermehrt Lockdowns und Proteste. Ingersoll Rand (WKN: A2P070) könnte ein Tenbagger sein. Denn wer keine Druckluftkompressoren liebt, hat Industrie nie verstanden. Ihm gehört das teuerste Haus Australiens. Ihm gehört die wertvollste Softwarefirma Australiens. Und seit neuestem gehören ihm auch 11% am größten Treibhausgaserzeuger Australiens. Der heißt AGL (WKN: A0LC8B) und Mike Cannon-Brookes will ihn ändern. Diesen Podcast der Podstars GmbH (Noah Leidinger) vom 28.11.2022, 3:00 Uhr stellt Dir die Trade Republic Bank GmbH zur Verfügung. Die Trade Republic Bank GmbH wird von der Bundesanstalt für Finanzaufsicht beaufsichtigt.

Daniel Alonzo's Wealth On The Beach Podcast
The Ugly Truth about Today's Society With Steve Siebold

Daniel Alonzo's Wealth On The Beach Podcast

Play Episode Listen Later Aug 11, 2022 46:12


Since 1997, Steve Siebold, CSP, CFEd has helped Fortune 100 companies increase sales by $1.3 billion USD through his flagship training program, Mental Toughness University. Siebold has delivered $16 million in keynote speeches at National and International Conventions for companies such as Johnson & Johnson, Ingersoll-Rand, Caterpillar, Merck, GlaxoSmithKline, Toyota, Chrysler-Fiat, Transamerica and hundreds of others. Siebold's 12 books have sold over 1.6 million copies, including the #1 selling book of 2020 on Personal Finance, How Money Works, with co-author Tom Mathews. Siebold's books have been translated into 7 languages. Steve's work has been featured on every major television network in the United States and Canada, and his interviews and articles have appeared in the Wall Street Journal, Fortune, Forbes, USA Today and hundreds of other publications around the world.

Hear Her Story
Episode 18 | Kristen Dickinson

Hear Her Story

Play Episode Listen Later Jul 29, 2022 36:58


Get to know our guest Kristen Dickinson, Senior Leader of Field Competency & Serviceability at Ingersoll Rand. Hear Kristen's experience as a mom in manufacturing and the challenges that inspired her to help launch her company's women's inclusion group. Kristen shares how she helped launch a mentor program for Ingersoll Rand employees and her advice for avoiding and coping with burnout. Listen to Kristen's story here and see her as a presenter during WiM's Moms in MFG virtual conference on August 11, 2022.

The Small BizChat
How to Build a Business Transition Plan with Laurie Barkman

The Small BizChat

Play Episode Listen Later Jul 27, 2022 31:01


Laurie Barkman is the founder and CEO of SmallDotBig LLC, a strategy advisory firm for business owners to maximize the value of their company anticipating a future ownership transition. Additionally, she is a Partner with Stony Hill Advisors, an M&A​ ​firm representing companies on the buy-side or sell-side of transactions. During her 25+ year career, Laurie has created value through digital transformation at companies ranging from large enterprises to startups, including American Eagle Outfitters, Ingersoll-Rand, Topanga Partners, MediaSite, JazzHR, Burns White, and The Art Institutes. As host of the Succession Stories Podcast, Laurie curates conversations with next-generation entrepreneurs. You can find her show wherever you listen to podcasts. Laurie has joined me to discuss the idea of business acquisitions from both the seller's and the buyer's perspectives. She tells us how you can identify the risks in your business that potential buyers might see and how emotions can impact the ability to sell your business. She talks about the importance of not having your business revolve around yourself but building it in such a way that it can exist independently, and the nuance between being a business owner and owning a business. We also touch on ways in which you can build an attractive business from the start, growing organically vs growing through acquisitions, and the information and factors behind getting an accurate value estimation for your business. “If you want to build a business that one day will thrive without you, then you will set the course now.” - Laurie Barkman This week on SmallBizChat Podcast: Relevant Resources: Connect with Laurie Barkman: Become Your Own Boss Book GIVEAWAY! The 2020 pandemic has been so hard on America's small businesses - and America in general. If you're ready to start your dream business, then look no further! I'm currently giving away 1,000 free copies of my best-selling book: Become Your Own Boss in 12 Months. This book has helped over 100,000 people like you to start, build, and grow their small businesses… and now it's your time to shine. All you have to do to get your hands on a free copy is head over to www.beginmybiz.com/freeoffer to sign up for your free offer. You only pay shipping. Let's End Small Business Failure - Together! Thanks for tuning into this week's episode of the SmallBizChat Podcast - the show on a mission to improve small business success. If you enjoyed this episode, head over to Apple Podcasts, subscribe to the show, and leave us a rating and review. Help us spread the word and end small business failure by sharing your favorite episodes with your friends and colleagues on social media. Visit our website or follow us on Facebook, Twitter, LinkedIn, Instagram, or YouTube for more great content, tips, and strategies to improve your small business.See omnystudio.com/listener for privacy information.

Crypto Hipster Podcast
NFTs for dummies, art, investments, crypto punks and more all explained with Jamil Hasan & Jillian Godsil

Crypto Hipster Podcast

Play Episode Listen Later Jul 26, 2022 29:32


Beyond the Bubble: How Artists are Leveraging Non Fungible Tokens to Engage their Audiences and Build a Loyal, Dedicated Fan Base, with Jillian Godsil Jamil Hasan tackles this timely topic with Irish Tech News in-house expert Jillian Godsil. More about Jillian For the 2021 international Women's Day, Jillian was nominated one of 100 global women in leadership awards Last June, she was awarded the 2020 Blockchain Journalist by Uptrennds (largest blockchain social platform). In 2019 Jillian was nominated for the national IMRO radio awards for her EastCoastFM Saturday morning show and was awarded the 2019 AI and Blockchain Journalist of the Year at the CC Forum in London. She is a passionate advocate for blockchain, a seasoned professional in fintech and internationally recognised champion for equality – whether in homelessness, gender or the law. Jillian has held senior positions with global PR companies in Sydney, Singapore, London and Dublin. She was PRO of Iona Technologies (Ireland's first company to float on NASDAQ). She changed the law in Ireland in 2014 and is a former European Parliamentary candidate (as an independent). She is a co founder and journalist in the Blockleaders.io. She freelances for Irish Tech News, Irish Central, The Irish Independent and The Irish Times. She has her own radio shows on DublinCityFM and EastCoastFM – she was nominated for a national radio award, the IMRO, in 2019. Her first job after graduating from Trinity College was as a systems analyst with JP Morgan. She is advisor to several ICOs, has been named a Crypto Queen by In Zero Conferences as well as listed in the 50 most influential women in the global blockchain rollcall. She is named amongst the top 10 people in Blockchain in Ireland. She was voted into the top 20 global Hedera Hashgraph Ambassadors in 2018. She is a board member of EOS Dublin. She is a community leader for Algorand. She is chain agnostic while she loves blockchain. She has been shortlisted for the Image Business Woman of Year and also shortlisted for Woman of the Year by Women in IT in 2018. She made the top 100 Global Blockchain Leaders list for 2019 for Lattice80 report. She is passionate about getting women into blockchain – democratising opportunity for all women. She was awarded the Order of Merit by the President of Liberland. Pre COVID - She keynotes and chairs blockchain events around the world – including Kiev, Austin, Muscat, Columbo, Dubai, Capetown, Liberland, Malta, Amsterdam, Vienna, Dublin and London. Now this work is virtual from her sleepy backwater village in rural Ireland About Jamil Hasan Jamil Hasan is a Generation X Author and experienced data intelligence technology builder with two decades of experience leading data-based teams at Fortune 100 companies, including AIG, Prudential Financial, and Ingersoll Rand. Jamil believes that skill and experience, not just age, is the most important factor required to build and lead corporate organizations. His unique story, as someone on the ground floor of the 2008 financial crisis and his role to help repay the $180 billion AIG bailout, enabled him to come face-to-face with many of the societal ills facing Generation X today and their causes. As the result of his experience, Jamil has developed a path forward for his fellow Gen Xers to restore his generation's financial standing in society today and to rebuild the American Dream for Generation X. --- Support this podcast: https://anchor.fm/crypto-hipster-podcast/support

The Product Guy Podcast
053 - From Tesla Supply Chain to Corporate Consulting with Nathan Cunningham

The Product Guy Podcast

Play Episode Listen Later Jun 21, 2022 30:44


What do the biggest companies like TESLA and Ingersoll Rand do to optimize supply lines?  What was working for Elon Musk during Tesla's most challenging and most prosperous times like?  These are some of the questions we cover from the interview with Nathan!  Listen for his advice for companies trying to scale and that are looking for better data in the process.Nathan is a Supply Chain consulting executive and entrepreneur, leveraging his knowledge and experience from his corporate supply chain leadership to help growing businesses capitalize on the supply chain and operational wisdom he shares with them. Nathan has worked with major and large corporations like Ingersoll rand in their corporate procurement team specializing in Machined parts, fasteners, and injection molded plastics.  He took that experience to Tesla in the capital equipment team and Equipment spare parts.  He has been responsible for nearly $1 BILLION in spend  over the last 8 years.  Nathan is an alumni of BYU-Hawaii and winner of multiple Business competitions.You can learn more about Nathan by following him on LinkedIn: Nathan CunninghamRegister for our training on June 28th, 2022 by following this link: https://bit.ly/3QsKf2Y

Connecting the Dots
Hoshin Kanri with Mark Reich

Connecting the Dots

Play Episode Listen Later Jun 2, 2022 30:15


Mark supports new product development and the Co-Learning Partners program, assisting companies engaged in lean transformation. Since joining LEI in 2011, Mark spent 5 years of Chief Operating Officer at LEI followed by the last 3 years as a Senior Coach. He has led lean transformation in nearly every industry with many organizations such as: ·       Manufacturing – GE Appliances and Ingersoll Rand ·       Retail – Kroger ·       Hospitality – Legal Sea Foods ·       Construction – Turner Construction ·       Software – Microsoft ·       Healthcare – Michigan Medicine, Mt. Sinai Health System Mark has also worked as an executive coach in many of the industries and companies listed above, establishing a Lean Leader program development structure, clarifying and executing problem solving and behavioral improvements for Lean Leaders in every industry. Additionally, Mark is also an instructor for Hoshin and Managing to Learn courses, both online and in person. Before coming to LEI, he spent 23 years at Toyota in Japan and North America, most recently as general manager of the Toyota Production System Support Center (TSSC). As a hands-on GM, Mark directly implemented the Toyota Production System (TPS) or managed its implementation in a variety of industries, including automotive, food, furniture, and healthcare, among others. Mark doubled the number of companies supported by TSSC from 20 to 40. He transitioned it from for-profit to nonprofit status so it could better support its original mission to strengthen North American manufacturing and help any organization interested in implementing TPS. He expanded the client base beyond manufacturing to hospitals, schools, low-income food distribution, and nationally prominent nonprofits Previously, he was assistant general manager of the corporate strategy division where he managed and implemented Toyota's North American strategic (hoshin) process, designed jointly with Toyota's Japan headquarters. He launched efforts to strengthen Toyota Way principles in administrative areas in North America, and facilitated the integration of its design and manufacturing organizations. Link to claim CME credit: https://www.surveymonkey.com/r/3DXCFW3 (https://www.surveymonkey.com/r/3DXCFW3) CME credit is available for up to 3 years after the stated release date Contact CEOD@bmhcc.org if you have any questions about claiming credit.

The Innovation Meets Leadership Podcast
4. Sponsorship vs. Mentorship with Carol Seymour

The Innovation Meets Leadership Podcast

Play Episode Listen Later Feb 13, 2022 21:26


Welcome to Innovation Meets Leadership! I'm your host, Natalie Born. In this episode, we have Carol Seymour who will be differentiating sponsorship and mentorship. Throughout the times in the workforce, we have been experiencing biases and some forms may not even be obvious. As we dig into these, there came the need to heavily consider sponsorship as the way to elevate our profiles as women leaders. Carol Seymour is a sought-after business leader and catalyst for growth. As an executive advisor to businesses and executives around the globe, she has a passion for helping leaders perform at maximum potential in their professions and lives. Carol founded Signature Leaders in 2013 at the request of a dozen global heads of HR, and now runs multiple leadership-focused offerings FOR women, not about women, including Signature Premier, Signature Select, Strive, and Surge. Today, more than 1,600 global executives in the Fortune 1000 are part of Signature Leaders, which also partners with more than 130 market-leading companies for their selective investments, including Eastman, ADP, Ahold Delhaize, Ingersoll Rand, ServiceNow, Cardinal Health, Merck, UPS, Nestle, Southern Company, AT&T, and Cigna. She is also a top-rated speaker, named one of the Top 40 Women Keynote Speakers for 2020 by RealLeaders Magazine, spending most of her speaking time with women's forums, industry conferences, and client leadership forums. Main Takeaways: ● The Sobering Reality of Economic Parity for Women ● Bridging the Gap: The Critical Role of Advocates ● Inviting Opportunities for Sponsorship through Exposure Key Quotes: “Your direct supervisor is typically not going to be a sponsor, right? That's their job to kind of help develop you, what you want to do is get some visibility by people who actually don't know that much about you… Being part of those allows visibility into some of the other things that you're capable of.” - Carol Seymour Be sure to check out full show notes at https://innovationmeetsleadership.com/resources or click "Episode Website" below. Connect with Carol Website: https://signatureleaders.com/ LinkedIn: https://www.linkedin.com/in/carol-seymour-40897614 Book: Wisdom Warriors These are proven solutions to advance your leadership and innovation process. Check out our website innovationmeetsleadership.comor connect with us on Instagram or Facebook @innovationmeetsleadership Don't forget to subscribe and leave a 5-star review. Let's go transform something! --- Send in a voice message: https://anchor.fm/natalie-born/message Support this podcast: https://anchor.fm/natalie-born/support

Insecurity Analysis
Conversation with Rob Wertheimer: Studying Great Industrials & Searching for Compounders

Insecurity Analysis

Play Episode Listen Later Jan 28, 2022 60:28


Hello everyone.I'm very excited to share my conversation with Rob Wertheimer of Melius Research and one of the co-authors of Lessons from the Titans (my notes)I really enjoyed digging into the book's big themes around the culture and business systems of some of the most successful industrial companies. Rob shared his lessons on finding other compounders, evaluating leaders, digging into incentive structures, touring factories, and the best research note he ever wrote - but never published. I hope you'll enjoy this conversation as much as I did!Rob is a Founding Partner, Director of Research, and the lead research analyst for the global machinery sector with additional coverage responsibilities in industrial tech. Rob was the lead machinery analyst at Barclays, Vertical Research, and Morgan Stanley, and began his career in the Peace Corps in Niger, West Africa.Listen to this episode on:* Spotify* Apple* RSS* And at anchor.I also have a very rough transcript for this one.Disclaimer: this podcast is for entertainment purposes only and not investment advice. It does not constitute an offer to sell or the solicitation of an offer to buy any securities mentioned or discussed. Seek your own financial, tax, legal, accounting, or other advisor's advice before making any investment decisions. Do you own work. I am are not your fiduciary or advisor.Today's post is sponsored by Tegus. Tegus is an on-demand digital research platform on which investors share their expert calls. Their library currently has some 23,000+ calls covering many public and private companies and it's growing every day. It's a beautiful business model (I wish I was an investor!) and I could see it scaling up to cover any company and industry you can imagine. I think of it as being able to tap into a library of conversations between industry insiders. I'd encourage you to check it out - they offer free trials.Show Notes:* [Minute 1] Question: Background on Melius.* [2] Question: Key themes/takeaways from the book.* “The reasons for failure and the formulas for success haven't really changed at all. Whether it be 1950, 1980, or 2020, they are pretty much exactly the same.”* “The truth is that their secrets are hardly secrets at all—continuous improvement, rigorous benchmarking, disciplined investment, principled leadership, solid business systems* [3] Question: Assessing culture as an outsider.* “Does it drive your daily actions?”* “Danaher or Ingersoll Rand they'll do weekly meetings where you have a weekly meeting, you have like 20 minutes, you get two minutes to state your problem a minute to ask for feedback, you move on. That's an example of a daily or a weekly feedback loop that comes around. I think the best cultures have that sort of process ingrained in them.”* [5] Question: Importance of leadership.* “You make either a good allocation to capital or poor ones. And obviously that drives a ton of shareholder value differentiation, but there's also need for sustained commitment to a system. You can see lots of management teams that have sort of laid out goals, but if you don't get everybody motivated and incentivized the right way, then they can fade away.”* [6] Question: what are you paying attention to to see whether culture is changing or whether the arrogance is creeping in?* “The value gets created everyday throughout. And so, you know, if you have a culture that's spending too much time on big ideas and not enough time on generating the cash that, that allows you the flexibility to do things, if you have a culture that's veered into being a little bit PowerPoint-focused, if it's projecting yourself internally focused as opposed to executing on the daily task that can be a real red flag.”* [9] Question: Have you seen aspects of great culture that are universal or is it very specific to the company? How much room is there for bringing in ideas from the outside?* “Having clear goals, having reinforcement loops and having the ability to course correct is universal. One of the points we try to make in the book, a lot of these companies have been innovative and a lot of companies have created categories. How do you analyze caterpillar? Well, I don't look at them as the best bulldozer, and they do, but, but they might not have the best in everything. The competitive advantage doesn't always last on innovation, but it does last on getting everything, fixed, getting everything right.”* [11] Question: “Undisciplined operations don't work” - elaborate on this.* “What do you look for when you go in a factory? Well, it's not actually all that hard. You walk into the factory, you see if the sight lines are clear, if there's a bunch of inventory stacked up and piled up there, that's something wrong.That's waste. That's confusion. That's a disruption. You look to see that there an employee sort of idea board, and that there's lots of ideas flowing through because workers are the ones who see problems and they surface them. Right? So that's a mechanism for surfacing problems.”* “I went to a mining facility once, and they're these little disks that were used for smoothing or buffing the metal. And they just did a simple thing, a shadow board. It's called you paint on a, you know, on a cardboard wall. Like here's a picture of the disc. So when you're done with it, you stack it here. They found like 70 of these things, you know, they found like a million dollars of equipment. There's a picture of the broom there to hang the broom up. Right. So very, very simple things.”* “The essence of lean is stop and fix, get things, right. Surface problems. And that's a factory floor issue. But as we kind of talked about earlier, that applies to the whole company as well. If you see a problem, you can fix it. If you don't see it, then it grows.”* [15] Question: How do you weight insights from site visit in your assessment of a company?* “It's critical. And honestly, I missed it. I was a pretty new analyst on Caterpillar. When I saw some of these issues, I think I saw three or four factories in the first year, the first 18 months. And one of these visits I walked down and there's there's bins, just bins of things, labeled rework. I was like, what's rework. Well, it didn't come out right the first time. So we're going to do it again, you know? And, you know what I did, I kept writing about the end markets cause that's what I understood at that time. I kept writing about, oh, I think mining's going to be good or bad. I thought oh, well, this doesn't feel great, but I haven't seen that many factories and probably they'll fix it. And in fact that was a, you know, it was a terrible sign. Caterpillar was struggling with production not with the equipment quality, the equipment still great, but they weren't able to crank up production. * “That was actually a huge problem, a huge cultural problem, business system problem. And managers and leaders fixed it. But as I mentioned earlier, sometimes Lean takes a while. So if you've got a workforce who isn't used to it, it might take me five years to get the new system in.”* [17] Question: If it's so useful why wouldn't everyone do Lean?* “One answer to your question is continuous improvement is a compounding process, right? And Danaher is maybe the ultimate example of that, but you fix something that gets better and then you fix something else and it gets better and you keep going.”* “It takes a very serious commitment from senior management and it takes years, you know, maybe it takes five years to get everything kind of, you know, where everybody knows that their first job is to stop and fix. The first job is to reduce, you know, inefficiency. It can be tempting to say, well, let's just buy a few hundred extra hoses and just have them there, you know?”* [19] Question: Implementing Lean - like Danaher's visual management.* “It's not rocket science, right. But it is hard to do.”* “Very easy stuff, but in our day-to-day it can be hard to stop and focus on process.”* [20] Question: Is there a disconnect between analysts and management?* “You know, my job is a tricky one. You have to be arrogant enough to have an opinion, and humble enough to to know you're probably wrong most of the time, you know, close to half the time.”* [22] Question: Forecasting volatile markets.* “A lot of people in this job like thinking about things. So you get a lot of data points. You'd like to think about it. And some of the cultural stuff is harder to think about.”* “Melius uses two year forward price targets. Partly as a mental trick to try and get yourself to focus. Partly because these things show up more over time, right.”* “If you're trying to forecast a quarter, okay. You can say, well, what was, you know, what was demand of iPhone shipped this quarter or something.But if you're trying to focus on how Apple created value over the last 10 years, I mean, it's innovation and supply chain, you know? So those two things, you know then they switch and relative performance as your timeframe goes out longer.”* [24] Question: What have you observed in terms of what people do well or poorly with, with incentivizing the organization?* “If you have all your incentives structured around raising margin, that might be a phenomenal thing if you're underperforming, if your margins are low. Let's work on pricing, let's work on factory efficiency and et cetera. Eventually that playbook may come to an end. And if you're a person who's grown up in that system and you step into a leadership role it's hard to say to wall street to say all the analysts, you know what, they, we're just going to stop all that, you know, and we're gonna do something else entirely, right? Because investors invest on a certain expectation of future earnings and anything that changes.”* John Deere: “Under the current CEO, John May, they basically shifted their strategy. I think with the endorsement of the prior CEO as well, but they had tried to be a global manufacturer who was leading in all sizes of tractors and they started to look around and they said, well, the technology is changing so fast that we can actually create more value by focusing on large, we're going to try and serve all our customers. We're going to focus on investing in large farms where we can do autonomous tractors, or we can do, you know, actually they're, they're doing AI pattern recognition.”* “One company I follow United Rentals where incentives were a huge portion of the transformation. So they had different branch managers. Let's say, let's say you're a local McDonald's and you're incentivized on beating out the McDonald's down the road. That's kind of crazy. Right. And so, you know, one of the things that, one of the very simple, the powerful changes made it United rentals under a new CEO was let's shift the compensation to focus on regional or district results rather than on your own.”* “And that's a capital intensive industry. So let's charge people for the capital. You know, if you want to buy 10 more pieces of equipment to rent, [00:27:00] you know, that that's part of your compensation. You have to make a return on that. Bizarrely it had not necessarily been that way before.”* [29] Question: What metrics to track?* “Danaher and Roper they do the same thing, a very simple sort of cash return on cash invested. It's simplicity again, right. You know, if you have hundreds of metrics, it's hard to track them. It's hard to know where you're supposed to be doing.”* [30] Question: Assessing new CEOs.* “This is one of the great things about being in this industry is you get a chance to meet a lot of different management teams and you'll probably be wrong about many, but you at least have a basis on which to sort of judge.”* [32] Question: Trade-off of having access to CEOs: gaining insight vs. being subjected to selling.* [34] Question: Assessing big decisions like M&A.* “The ones that have gone wrong. And I write about a couple of them, you know, and again, a self-critical way, I thought the mining market would do X and it did Y so if you're basing an acquisition off of that, that can be very challenging.Versus if you're saying, hey, you know, I took the margins from 7% to 21% because of these processes and this company doesn't have this culture of process. And we can approve them. Then you're making more of a bet on your internal capabilities. So at least in our world that a lot of value has been created by the quote unquote compounders, like Roper like Danaher or like TransDigm. And they're able to use that to make relatively small bets that play to their strengths and they all have different strengths, let's say, but they all have a systematic way of approaching that strength or consistent way of approaching that strength.”* “If you look at Dave Cote, again at Honeywell, I believe you mentioned in his book that, you know, one of his jobs is try and create enough space for him to just sit and read and think … just finding time because being a CEO is a massively difficult job.”* [37] Question: Tell me everything you know about compounders, basically.* “They get their margins flowing, their cashflow going. They have often a fairly diverse set of businesses and they find it relatively easy to find new opportunities where they buy them and they, they run the same playbook again. So you buy a company, the margins are 10% and you bring them up to 20. All of a sudden that's generating cash. And as you do that more and more, your base gets bigger and you can compound it and ever accelerating rate. It's exponential growth. You know, an exponential growth is maybe slow at first and then very, very powerful over time.”* “I cover a few in Ametek and IDEXX, which do niche, industrial applications, Ingersoll, Rand. I think there's going to be a wonderful compounder over time that has a great system. So it's huge value creation and it's steady and it's repeatable.”* “And that's part of the idea of the book. We know what happens after innovation matures, you know, fades, it's culture, execution, and some of these things we've been talking about. So the answer is there's amazingly fruitful avenues for capital deployment. Cause not everybody has gotten these lessons and the lessons sounds simple, but they're not easy to execute always consistently.”* [40] Question: Evaluating compounders early on.* “There are companies that put up what he called a movie set. You know, it looks like lean. It looks like, you know a functioning system.And obviously they're trying, it's not meant to be, but it's not there.”* “You watch those metrics very closely. You see the steadiness, another answer to your question is what's the input, you know, so, you know, what are the daily management processes that you're doing? What are the daily cultural attributes of your company that are, that are there, right?”* [43] Question: Examples where it doesn't work?* “Illinois tool works had a decentralized system. … And in roughly 2006, seven, they had, I think 550 business units. And the idea was, you know, every business units can do a deal every year or every four years or whatever, and we'll compound it in a way, right. … I actually did a note that I didn't publish. That was one of my best notes ever, and I didn't publish it because I went back. I was like, all right, let's show how … each of those little divisions can do a deal every year and how that can drive compounding growth. I did the analysis and it looked like, well, gosh, actually it looks like they do a couple of big deals here and there.”* [46] Question: Value of CFOs.* “Sometimes we think a high-quality CFO can be, you know, under-priced in some ways. … we found that the CFO role can be going to be dramatically important.”* [49] Question: Managing relationships with companies.* “If you're an analyst and your job is to not just say, okay, that looks good, you know, but to actually create some value. There can be a desire to say something interesting, intriguing, provoking, different, right. To push them. And when that's done best, it's, you know, you're right. But I've spoken of arrogance before. I mean if you're covering Caterpillar and you have toured seven factories, but that's not that many, do you really say their production system is totally hosed? You know, is that right? Would that have been the right call for me?”* [52] Question: Smooth vs. volatile earnings.* “The CFO of Danaher's gave us this, the lesson, like, how do you think about volatile business as well? Let's say you buy something and revenues fall 20% and you apply all these fixes and you're, you know, you're applying maybe fixes for a down cycle. It'd be different for a steady business. And eventually you, you know, you get it back up and revenues, bounce back cause they're cyclical. And then now they're at 110% of where they were the effort and the lost time and compounding that you've lost during those two years of down cycle. Versus if it had just grown five percentage and you improve everything and then you've created cashflow and you can compound it. You've lost time and you've lost energy. … I think Warren Buffett has said, I'd rather have a, I don't want to misquote, a volatile 25% return than a steady 10. I think Danaher might say, well, we can do a lot with a steady 10. You know, we can sort of crank that through and compound it, whereas a volatile 20 or a volatile 15 or whatever the break point would be less valuable.”* [52] Question: Evaluating long-term investments and R&D.Enjoyed this piece? Please let me know by hitting the ❤ button. It makes my day to see if my readers like the content (it really does!) Thank you!If you enjoy my work, please consider sharing it with friends who might be interested.

Lean Leadership Podcast
Episode 071: John Dyer - The Façade of Excellence: Defining a New Normal of Leadership

Lean Leadership Podcast

Play Episode Listen Later Jan 26, 2022 54:57


Today's guest is John Dyer John is President of his firm John Dyer and Associates located in Mooresville, North Carolina.  John started his career at General Electric and later moved to Ingersoll-Rand where he was VP of Operations for their Safety and Security division. John had the benefit of learning directly from W. Edwards Deming and we talk about his experiences learning from Dr. Deming in the famed four-day seminar which included going through the Red Bead Experiment. John is a frequent contributor to Industryweek.com and is the author of The Façade of Excellence: Defining a New Normal of Leadership. John also frequently helps as a judge for IndustryWeek Best Plants Award competition. John has a degree in Electrical Engineering from Tennesee Tech University and an International MBA from Purdue University and the University of Rouen in France. Here's our guest, John Dyer   Connect with John: LinkedIn Twitter John's work on Industryweek.com 

The New England Lean Podcast
The Façade of Excellence with John Dyer

The New England Lean Podcast

Play Episode Listen Later May 10, 2021 67:44


This week welcome my good friend John Dyer to the show! ​​John Dyer is president of the JD&A – Process Innovation Co. and has 32 years of experience in the field of improving processes. He started his career with General Electric and then worked for Ingersoll-Rand before starting his own consulting company. John graduated in 1985 with an Electrical Engineering degree from Tennessee Tech University. He has also been a Contributing Editor for IndustryWeek magazine, and has written over 25 articles, several of which have been included in the list of “most read”. John has also served as a judge in the past five IndustryWeek "Best Plants" annual competitions. In this episode, we delve deep into Real Lean versus Fake Lean, Lean Leadership and what it takes to Sustain the Gains made from engaging the workforce with Lean methods and principles. All of this is covered in his groundbreaking book, The Façade of Excellence! As always - I hope you enjoy it, and I hope you get something from it! Make it a great week! John's contact info: Link to Virginia Tech class: https://www.vtrc.vt.edu/organizational-improvement/effectivemeetings.html John's Industry Week articles: https://www.industryweek.com/home/contact/22028785/john-dyer John's Twitter: https://twitter.com/JohnDyerPI John's LinkedIn: https://www.linkedin.com/in/john-dyer-75a646/ John's Book “The Façade of Excellence”: https://www.amazon.com/Fa%C3%A7ade-Excellence-Defining-Normal-Leadership/dp/0367145332/ref=sr_1_1?crid=3RRJ0JNSKVCS1&dchild=1&keywords=facade+of+excellence+john+dyer&qid=1620607352&sprefix=facade+of+excell%2Caps%2C193&sr=8-1 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://newenglandleanconsulting.com/ Twitter: https://twitter.com/NELeanguy 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/ Lean Communicators Website: https://leancommunicators.com/ #LeanCommunicators --- Support this podcast: https://anchor.fm/new-england-lean-podcast/support

The Empowering Women Podcast
Empowering Women Podcast S3: Titi Sule, STEM Superstar: Technical Leader Living Her Purpose

The Empowering Women Podcast

Play Episode Play 48 sec Highlight Listen Later Feb 24, 2021 48:59


Episode 3 (Season 3) of the Empowering Women PodcastGUEST:  Titi Sule, Portfolio Leader – Controls and Technology at Ingersoll RandBIO:  As a Portfolio Leader at Ingersoll Rand, Titi is responsible for strategic direction for Controls Technology including hardware and software. Her portfolio includes onboard controllers, system controls, and IoT integration. Titi has had diverse 13 years of experience in manufacturing companies including control system engineering, application engineering, aftermarket service offerings, and technology strategy including three patents. Titi is also a writer of educational children's books and serves on the board of director for Access2Success, a NC based nonprofit supporting over 250 kids in Nigeria. CONNECT WITH TITILinkedIn  Twitter (@titi_sule) Instagram (@tzsonline)LINKSWebsiteAmazon Author Page:  Titi SuleEngineers WeekSWE Women in Engineering by the NumbersWomen of Color in the Engineering Workplace StudyAccess2Success WebsiteEmpowering Women WebsiteEmpowering Women 2021 Event InformationQUOTES“My first exposure to engineering was through my dad.”“What I do remember, very early in my childhood, is when we were constructing our house I wanted to build something.”“My father wanted his girls to be in places that allowed women to advance their careers and be in leadership positions.”“To be able to see my name on a patent was something beyond anything my mind would have imagined… Deal with imposter syndrome a little bit on the first one, maybe this was just luck. By the third one, I really could say I did a good amount of work and I feel proud of my work and I feel proud of the patent.”“To share knowledge is part of who I am. To share my experiences… I would not be where I am today without other people who have poured into me.”“I had the mindset of ‘do the work' and people will notice. It's not true. The organization is huge and people might not notice. Other than your job, you also have to do the work to let people know who you are, what your interests are, and how you want to develop.  It matters just as much as you doing your work”.“I still have that voice in my head of ‘How do you want to show up?'”“There's power in you actively writing or stating what you wanted to do. It helped me believe in myself that if I wanted to do something I could actually do it.”“You feel that imposter syndrome right away when you're the only person in the room that looks like you.  It can really affect someone's confidence.”“I really cannot overstate how much mentoring matters.”“Even going outside the workplace, into the schools, we have to meet people where they are.”“There's nothing like someone whose walked in those shoes to show you how to do it.”