FABTECH 2021

F77: Transforming a Tired Manufacturing Company Back to an Industry Leader - PAID SESSION (Room S403a)

14 Sep 21
3:30 PM - 5:00 PM

Tracks: Job Shop

A 50-year-old industry leading manufacturer with leading edge products and processes, soon found itself losing its edge and teetering on potential disaster. The manufacturer had maintained a well-known industry brand, but its products and services were more relevant to its past than its future. Growth had plateaued, no new products or processes had been introduced in years, and as investment waned, the company was showing its age and lack of innovation. Learn why the presenter was hired to turnaround the company and return it to its illustrative world-leading industry position; an industry leader known for strong growth and thriving enterprise value. This presentation highlights the management practices which allowed the company to descend into its perilous situation and what the presenter identified as primary causes. Most importantly, learn first-hand what he did over a 5-year period to maximize growth, re-awaken its potential, regain its leadership position and maximize its value.
Joel Strom - Chief Value Officers