Tag Archive: Steve Erickson

Inaugural LMA Futurist Award 2020: Corona Clipper

September 29th, 2020

Since our 10 year anniversary in 2015, we have been recognizing people who have contributed to our success with our LMA Advocate award. In the last few years, we have been thinking about starting a corporate award of excellence.  We wanted to make sure it was special and positioned with our most successful and proactive clients in mind. When COVID hit, it inspired the synthesis of these thoughts into our inaugural LMA Futurist award.

The LMA Futurist is to recognize the organization and leaders who go above and beyond “excellence”. Although excellence is certainly desirable, it is no longer enough. We must achieve excellence, resilience and see into the future in order to be proactive and strategic instead of reactive and playing catch up in the marketplace.  The LMA Futurist embodies these qualities, recognizing organizational leaders who think beyond current circumstances, prepare their organization for changing conditions and, of course, strive for efficiency and effectiveness in running the business. For our inaugural LMA Futurist award, I’m excited to recognize Corona Clipper and president, Steve Erickson.

Steve Erickson and the Corona Clipper team epitomize the LMA Futurist. It goes without saying that there is a constant persistence to strive for excellence – grow sales, increase profitability, accelerate cash flow, create customer engagement, lower costs and much more. And, they do not stop there. For example, early in the e-commerce world, Steve and the team were exploring options to expand their business and grow in this area. They took tangible, parallel tangible steps forward with research and explored options to grow Corona.com, as well as their business with Amazon, Home Depot and others. When COVID-19 hit, they were prepared to pivot with e-commerce.

In addition, they constantly reevaluate supply options in Asia, Mexico and other countries. So when the tariffs hit, they were already in transition in moving some volume to Vietnam. Thinking strategically never stops. How to successfully achieve customer responsiveness in product innovation and customer service while managing costs remains top of mind. I’m thrilled to recognize Corona Clipper and Steve Erickson with the LMA Futurist.

One Tip to Implement This Week:
Follow the lead of Corona Clipper. Here are a few insights into their success:

  1. Think multiple chess moves ahead of the competition: Easier said than done.  Yet, with education, examples, trials, practice and persistence, it is achievable.
  2. Innovate, innovate, innovate: The most successful organizations and leaders post-COVID will be those that innovate.
  3. Collaborate with the best: Surround yourself with experts and expertise.
  4. Remember that people are your #1 asset: We follow and prefer to do business with people, not companies. Your employees, customers, suppliers, trusted advisors….
  5. Stay current: Don’t follow fads.  Understand trends, capabilities, options and opportunities.

Consider these strategies if you are interested in achieving profitable growth and making an impact. Read more about these types of ideas to navigate and successfully emerge post COVID-19 in my free eBook Future-Proofing Manufacturing & Supply Chain Post COVID-19. Please send your feedback and stories. I will incorporate them into an upcoming article, video or interview.

Stay safe & healthy.



Manufacturing Expert, Lisa Anderson, Announces LMA Consulting Advocate and Futurist Awards

September 23rd, 2020

CLAREMONT, CALIFORNIA – September 23, 2020 –  Manufacturing and Supply Chain Expert,  Lisa Anderson, MBA, CSCP, CLTD, president of LMA Consulting Group Inc., has announced the 2020 LMA Advocate and Futurist Awards. LMA Consulting Group works with manufacturers and distributors on strategy and end-to-end supply chain transformation to maximize the customer experience and enable profitable, scalable, dramatic business growth.

Advocates, partners and centers of influence are key to LMA Consulting’s continued growth and success.
“This year marks 15 years since founding the firm. I have learned that adding value to a client project is more than simply providing advice and guidance. It means collaboration and sharing insights, experience and resources. The supply chain touches every part of an organization. The value that I bring includes providing resources and specialists in areas that are adjacent to my work. I work hard at building relationships with experts in other fields, so that I can provide the ultimate in a customer experience for my clients. It’s important to recognize the colleagues who have contributed to my success,” commented Ms. Anderson.

The 2020 LMA Advocate award recipient is Shannon Reininger. Shannon has been both a client and a colleague.  “I have worked with and alongside Shannon for several years. We have worked together on SIOP (Sales, Inventory, Operations, Planning) and supply chain management initiatives. I have experienced first-hand, the power of her ability to work collaboratively through the dynamics of both turnaround and growth situations. Her reputation for credibility, value creation and team building are second to none.  She has been a huge supporter of the Supply Chain industry and ASCM/APICS, our industry association, taking on the role of educator and advocate,” Ms. Anderson explained.

2020 has been a year like none other. Manufacturing operations and extended supply chains have experienced unprecedented disruption and volatility. Companies that had plans in place and were agile enough to quickly address these supply chain disruptions and those that pivoted quickly to changing customer needs have been rewarded. “So many companies tend to be reactionary. Companies that are consciously interested in achieving excellence, focusing on continuous improvement, innovation and looking ahead tend to be ahead of the curve and in growth mode. This year, I have added ‘The Futurist’ award to recognize a client company that is always working to achieve excellence, resilience and to shape the future to enhance the customer experience. Corona Clipper, Ltd seems to have a crystal ball as they plan for the near-term and long-term, think strategically and design their products, services and end-to-end supply chain with evolving customer needs in mind. Steve Erickson, President, challenges his team to look for new and different ways to continuously improve the customer experience, ultimately improving the supply chain. It was only fitting that we awarded Steve and his team, the first LMA Futurist crystal ball” Ms. Anderson said.

Ms. Anderson recently released an eBook, Future-Proofing Manufacturing & the Supply Chain Post COVID-19. It provides readers with insights, advice and experiential value for creating the ultimate in customer experience.

About LMA Consulting Group – Lisa Anderson, MBA, CSCP, CLTD

Lisa Anderson is the founder and president of LMA Consulting Group, Inc., a consulting firm that specializes in manufacturing strategy and end-to-end supply chain transformation.  She focuses on maximizing the customer experience and enabling profitable, scalable, dramatic business growth. Ms. Anderson is a recognized Supply Chain thought leader by SelectHub, named a Top 40 B2B Tech Influencer by arketi group, 50 ERP Influencer by Washington-Frank, a top 46 most influential in Supply Chain by SAP and named a top woman influencer by Solutions Review. She recently published, I’ve Been Thinking, 101 strategies for creating bold customer promises and profits. A regular content contributor on topics including a superior customer experience with SIOP, advancing innovation and making the supply chain resilient, Ms. Anderson is regularly interviewed and quoted by publications such as Industry Week, tED magazine and the Wall Street Journal.  For information, to sign up for her Profit Through PeopleTM Newsletter or for a copy of her book, visit LMA-ConsultingGroup.com.                                       

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Media Contact
Kathleen McEntee | Kathleen McEntee & Associates, Ltd. | p. (760) 262 – 4080 | KMcEntee@KMcEnteeAssoc.com



Do You Treat Your People as Critical Assets to Your Success?

June 24th, 2019

As several CEOs lament continually and as Steve Erickson, president of Corona Clipper, Inc. and UK Business Unit Group, said in our 2019 predictions document, talent is a hot topic in today’s tight labor market. Perhaps it is time to put a bit more thought into our talent.

As a consultant who works with organizations from a few million in annual revenue to multi-billion dollar conglomerates, it is quite clear that talent is an issue across-the-board. It doesn’t matter the industry, the size, or the ownership (private equity, publicly traded or closely-held). Talent is an issue that is top of mind of every executive interested in growth and innovation. The trick is whether you just think about talent or are willing to invest in talent. Which are you?

Certainly, those who invest are far more likely to retain top talent and develop new talent. In zero unemployment markets, there is something to be said about creating your own talent. If you aren’t focused on this topic, it is quite likely the competition will steal your talent away.

There are many ways to invest in talent:

  1. Provide mentor opportunities – If your organization looks for ways to support the growth of employees with mentors, you are bound to be more successful than the norm. In our experience, the best companies realize that people need to learn through practical application and mentoring provides this opportunity.
  2. Invest in leaders to encourage continuous coaching – aAyearly review is quite useless. Who can remember what happened that long ago and understand how to improve or build on a strength? Instead, I found that 90 day one-on-one performance conversations with a limited number of objectives do the trick. Continuous feedback and investment of time can go a long way. But let’s not expect leaders to know how to conduct these sessions if we haven’t invested in them. Remember, it trickles down hill.
  3. Provide training opportunities – Search for training topics that will supplement what your employees should understand. For example, any employee in operations and supply chain should take APICS courses to understand the fundamentals of supply chain and operations management and related principles. If nothing else, it will provide the body of knowledge and associated language.
  4. Provide experiences – In larger companies, there might be job rotations or overseas assignments.  No matter the size, there are cross-training opportunities as well as enabling visits and collaborations with customers, suppliers, systems and technology providers, consultants/experts and other partners.
  5. Allow the freedom for experimentation – To encourage new ideas and innovation, it is important to design programs that educate employees as well as provide a framework to try out new ideas. In our consulting travels, we find that employees who are allowed to test new ideas in a safe zone feel invested in.
  6. Address poor performers – Instead of ignoring your poor performers because it is an unpleasant task or you are worried about repercussions, proactively address them. Work with them to turn them around or move them out of the organization, and you’ll unleash your top talent.

Why not merely increase your engagement by investing in your already-existing talent? According to all the surveys, engagement is at horrific levels in the vast majority of organizations yet engagement is key to driving performance. It doesn’t take a rocket scientist to figure out investing in your people is not only common sense but it can do more good for your bottom line than almost anything else. The key is to not treat investment as throwing money at an issue but instead seeing it as a priority. Let us know what ideas you have to engage your most critical assets.

 

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