A Roundtable for Global Manufacturing Leaders
How to Navigate the Crossroads of Leadership, Strategy, and Culture
It’s never easy working for the CEO of a Fortune 500 company. It’s been especially challenging over the past 16-month cycle of contracting manufacturing business conditions. Most have struggled, with nearly 90% of publicly traded industrial companies being less productive today than in 2019.
Failure rates to transform operations are often cited at 70% or higher. But why? The blame is typically placed on technology or economic conditions.
Instead, executives should look inward. LNS Research's latest COO benchmark study, of 300+ respondents, showed:
- 74% of manufacturing executives don’t have a compelling vision for operations that can motivate the team to action.
- 65% of manufacturing executives don’t update their operations strategy every year, choosing a multi-year or ad hoc approach instead.
- 48% of CEOs don’t have a manufacturing executive as a senior leadership team member.
With statistics like these, is it any wonder that most manufacturers struggle? But not all do.
LNS Research has identified a set of Industrial Operations Leaders that have:
- 36% higher operating margin
- 32% higher capacity utilization
- 22% higher uptime
- 34% higher throughput
These Leaders are making bold choices on top of the traditional approaches in building and implementing strategy.
Learn the top three things these leaders do differently to achieve these impressive results.
Join LNS Research at our next Executive Roundtable, May 15-16, 2024, hosted at International Paper's headquarters in Memphis, TN.
Attendees will leave empowered to build an Operation 2030 strategy that meaningfully impacts their organization's performance and provides a clear roadmap for the Journey to Zero+.
Seating is extremely limited and filling up fast. Contact your LNS Research Account Manager or request your invitation below to register and secure your spot!
If you already have an invite code, please proceed to REGISTER NOW
Manager of Value Creation
VP Technology & Capital Execution
Digital Global PMO
Américas Regional Digital Manufacturing Head
VP Global Capital Projects and TMP
Regional Chief Technical Officer, Combined PET Americas
Senior VP & Transformation Officer
VP North America Operations
Director of Global Engineering
Special Thanks to Our Sponsors
Hosted at International Paper's Headquarters
LNS Research is pleased to host our Executive Roundtable on Industrial Operations Strategy at our valued partner, International Paper's headquarters in Memphis, TN. We're certain you'll enjoy this modern, innovative backdrop as you engage, learn, and network.
In addition, attendees can take advantage of LNS Research's discounted group rate at our official event hotel, The Hilton Memphis. Offering Bluff City views at Memphis' tallest hotel and a variety of amenities, the Hilton is conveniently located near IP Headquarters and is only a 15-minute drive from Memphis International Airport.
Click here to book your hotel for the LNS Research Executive Roundtable.
Please note: Rooms must be booked by Friday, April 26th, to take advantage of the discounted rate. If you prefer to book by phone, please contact (901) 684-6664.
Thursday, May 16th
8:30 am – 9:30 am: Check-in & Breakfast
9:30 am – 10:00 am: Introduction
10:00 am – 12:00 pm: How a Large Manufacturing Company Charts a Path Into the Digital Future - While Keeping a Firm Grip on the Challenges of Today
12:00 pm – 1:00 pm: Lunch
1:00 pm – 3:00 pm: From Good to Great: Benchmarking the IVL Enterprise Transformation
10:00 am - 12:00 pm
How a Large Manufacturing Company Charts a Path Into the Digital Future - While Keeping a Firm Grip on the Challenges of Today
International Paper executives will share how the team developed and launched its Mill of the Future initiative, diving into the importance of leveraging data and analytics to promote agile decision-making and how they build and execute a business strategy that: embeds operations, inspires the team, justifies meaningful investments in transformation, and drives performance excellence – all while staying laser-focused on today’s business and customer needs.
Niels Andersen, Principal Analyst LNS, will share new research on Industrial Operations Leaders. Mr. Andersen will share how these leaders are building a differentiated operations strategy that delivers a durable competitive advantage by making things different, building radical trust and transparency, empowering growth and innovation from anywhere, and delivering customer-focused quality outcomes.
1:00 pm - 3:00 pm
From Good to Great: Benchmarking the IVL Enterprise Transformation
Mr. Sanjay Ahuja, Chief Strategy and Transformation Officer at Indorama Ventures, will share how he and his team have driven an enterprise-wide mindset shift to unlock value at scale, moving from a focus on cost-saving measures to sustainable value creation. Mr. Ahuja will discuss how the team drove holistic and integrated change across IT, HR, Performance Excellence, Sales, Supply Chain, Manufacturing and Procurement. He will dive deep into manufacturing and the team’s focus on global capability centers, maintenance and reliability, safety, and the connected frontline workforce.
James Wells, Research Analyst LNS, will share new research on how to build a blueprint for Unified Performance Excellence (UPX) that becomes the digital improvement and innovation engine for the enterprise. Mr. Wells will share how leaders build and scale, embed risk management into decision-making, and set big but achievable goals. He will also highlight the importance of understanding and managing organizational debt and realizing its impact on how organizations build business cases, manage change, and prove results to other leaders.