Tag Archive: Skills Gap

What’s Ahead for People?

January 23rd, 2019

People make a business thrive. That’s why even the most technical of companies like Google value people.  In our experience, people are the #1 asset of any organization. Hands down, we can help any organization with good people quicker and to a FAR larger degree than an organization with very few good people.

In thinking about what’s ahead for people, there are many transitions and trends to be aware of:

 

  1. Baby Boomers  – As baby boomers retire, they will be harder to replace than what appears at first glance. Typically speaking, they aren’t up-to-speed on the latest technology.  They might have old fashioned ideas but they know “what works”. Don’t be too quick to hurry the process along. Instead, value their knowledge and find a way to transition it for a win-win.
  2. The Skills Gap – It is hard not to have a skills gap when technologies change daily. Jobs are being automated and new jobs are being created with entirely new skill requirements. The world is becoming more complex and global and customers expect more for less. Are you prioritizing the retention of your top talent? Is your company attractive to top talent?
  3. Diversity– We are not believers in mandates and regulations but we have found diversity to propel success. Are you actively attracting people who do NOT think like you? That’s a tough one (after all, don’t we all prefer people who agree with us?), but it is important if you want your team and organization to thrive.
  4. Spark an Innovative Culture – With the high demands of customers, bard members and the like, solid leadership is no longer enough. Sparking innovation has become a “must” for success.
  5. Back to the Leadership Basics – There is no coincidence that every successful client has a strong leader. Whereas long-term struggling clients and contacts (as struggling leaders rarely hire consultants) have weak leaders. Being a strong leader is “hard work” and requires courage. What are you doing to build your leadership bench strength?

The core tenets of successful people do not change. The requirements and challenges we face continue to expand. Yet, the route to success is clear. We choose to see this fact with hope as it does not require rocket science to become a good leader.  We’ve seen plenty of examples of mediocre leaders who transform into exceptional leaders through mentoring, coaching and experience.

Did you like this article? Continue reading on this topic: Profit Through People 

Global Consultants and the Value of Diversity 

Do You See Your People as Assets or Expenses?

 



The Latest Trends

January 26th, 2018

I spoke at APICS San Fernando Valley a few days ago on the latest trends and what’s in store for 2018.  We had a great discussion on topics ranging from people (or lack thereof) to technology.  

For manufacturers and distributors, a few of the highlights included:  

1) The Amazon Effect – the customer experience is the ultimate!  

2) Near-sourcing – I go beyond the mainstream and am boldly saying “Southern California is “the” place to be!  

3) The skills gap – if I could only convey how much trouble several clients are having finding the right fit for open positions…..!!!!!  

4) Technology (with lots of details behind this one!) and a few more.  

Have you thought about what trends are most likely to impact your business?

One tip to implement this week:
I also attended a Board meeting with a client a few days ago, and this topic is quite relevant.  Staying on top of what is likely to impact your business gives you the clarity of priority!  

Start by taking a few minutes with your top team to brainstorm.  Give a few customers a call to find out what’s happening with them.  Check in with a few of your key suppliers.  Drop in on your trusted advisors and attend a trade association and/or alumni networking meeting.  You’ll soon be well-versed to come up with what is trending AND relevant to you.

Once you have thought through the trends most likely to impact your business, it might make sense to think about how to transform these impacts into opportunities.

Profitable and scalable growth is the common thread among every single one of my clients – how can you leverage these opportunities to aid in creating scalable, profitable growth?   

Take a tip from the LEAN toolkit and involve your people.  You might be surprised how many opportunities will emerge if you put ALL the brain power in your company on thinking about how to do this.



Emerging Technologies for Supply Chain

September 7th, 2017

There is an ever-increasing interest in emerging technologies for supply chain. When thinking of your end-to-end supply chain – from your suppliers’ suppliers, through your manufacturing and distribution operations, to your customers’ customers – you must consider technology to have any hope of achieving success.

In today’s Amazon-impacted environment, rapid information and product flow must be accompanied with low-cost and efficient supply chains to maximize the customer experience, profitable growth and cash flow. Trending technologies to consider in your strategic discussions include the following:

  1. Additive manufacturing such as 3D printing – it is no longer just for R&D. The progressive distributors are printing to order for items that used to require vast inventory and lead time.
  2. Collaborative customer technologies – programs such as vendor managed inventory, collaborative planning and innovative logistics partnerships can drive tremendous value.
  3. The internet of things is certainly taking on a life of its own – how do you plan to utilize it in your supply chain?
  4. If you support retail (and even if you don’t) and don’t have e-commerce, you have missed the boat!
  5. Robotics – there are plenty of uses for robotics throughout manufacturing and supply chain. Have you considered what might add value for your business?  Robotics could give you a 24/7 flexibility…
Emerging Technologies

Emerging technologies in supply chain from e-commerce to robotics are more important now than ever

What Emerging Technologies in Supply Chain Mean To You

Staying on top of emerging and/or trending supply chain technologies is imperative in order to succeed in today’s Amazon-impacted world. Don’t get carried away with the latest fads. Instead, take a step back and think strategically about what will support your business today, tomorrow and five years from now. Selectively integrate the appropriate technologies to accelerate your growth and success.

 

Did you like this article? Read on about tech in supply chain

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Women in Supply Chain (and Why Men Should Care)

August 22nd, 2017

Supply Chain BriefingWhether you’re a man or woman, if you are in the end-to-end supply chain, you should be thinking about women in supply chain. We’re facing a serious skills gap in the next several years in manufacturing and supply chain circles. Although women make up 47% of the labor force, they compose only 27% of the manufacturing workforce. Thus, logic dictates that if we can raise that percentage, we’ll cover much of our skills gap!

I spoke on “Women in Supply Chain” at the western district conference for APICS (#1 supply chain management association) this weekend. I also am a mentor for Women in Supply Chain at the Drucker School of Management. Since I have been the sole woman in a leadership role in manufacturing circles frequently throughout my career, I don’t even notice it. However, we should pay attention.

Women in Supply Chain

Talking about “Women in Supply Chain” at the Western District Conference for APICS

What Should We Consider and/or What Impacts Could Arise?

There is no doubt that we should be concerned about the impending skills gap.  Almost every client tells me that they do not have the skills  they need in certain areas of their manufacturing/ supply chain.  And, this issue is not improving – as baby boomers retire, knowledge leaves with them.  Technologies are constantly improving, requiring higher skill levels in every respect – which is also driving the skills gap.  We are in process of researching the current skills gap.  Please provide your feedback with this short survey.

The great news is that there are many people thinking about this topic.  The Drucker School and Toyota created the Women in Supply Chain mentoring program.  APICS, the Manufacturing Institute and Deloitte created STEP Ahead.  Harvey Mudd College, the #1 school for engineering attracts an enrollment of at least 50% women.  The attendees at my speech last weekend for the western district of APICS was 50% women.  And the list goes on.

So, what can we do?  Mentor young women in supply chain.  Find ways to volunteer your time, educate and be involved with the women in your company.  Perhaps think about how you see them and make a conscious effort to encourage them to grow, invite their colleagues and friends to join the supply chain field.  And, by all means, do NOT ignore the men.  We need to grow our skills base dramatically to meet the demands of the next century.



Who Should You Follow? A Guide to Good Mentoring Relationships

August 18th, 2017
Mentoring offers benefits to everyone involved

My own consulting mentor says: “follow someone who has been there and done that”. Experience counts.

We recently took on one of our first consulting mentoring projects. Since our focus is on delivering growth and profitability for manufacturing and distribution companies, we work mainly with business-to-business. With that said, every consulting project involves some level of coaching – mentoring – to people working on those businesses to deliver results.

And since we consider results to be the 80/20 of our business, we put a lot of attention on coaching the appropriate employees (from line supervision to the executive team) to achieve a desired outcome. So when a consulting mentorship opportunity arose with a mentee who was serious about achieving results, we jumped on it. And, we are so glad we did!

How to form the best mentoring relationship

The mentoring situation brings up the idea of knowing who to follow. It seems like an obvious topic to consider yet I often find my clients following “undesirable” role models with the expected (and unfortunate) results. My own consulting mentor says “follow someone who has been there and done that” – not someone who can talk about what to do but has never done it before. He uses the example of a ski instructor. Would you follow a ski instructor’s advice if they could talk a good game but didn’t know how to navigate the black diamond hills? I wouldn’t either! It’s similar to looking for a cheap heart surgeon. Who would do that?

Search for mentors and coaches who can help you navigate the most complex issues that arise because they have experienced it before – or something similar that they can draw from.

Bottom line: Choose your mentoring relationship carefully. Look for professionals who talk the talk and walk the walk, people who deserve to be viewed as true mentors.

Like this article? Continue reading about how mentoring and teaching can help you in your own career.

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