The Internet of things (IoT) connects the unconnected. (Anything that has a port!) It’s the next generation of the Internet. But don’t just connect things. Be intentional. Your IoT strategy should be all about:
1. Making more money (increasing revenue)
2. Saving more money (decreasing costs)
3. Making people safer
How to do this? The CEO should spearhead a workshop with operations and IT to:
1. Identify your biggest challenge/pain point/process breakdowns.
2. Identify a killer use and build the business case around it.
3. Identify the current process being used and metrics.
4. Design and launch a pilot.
5. Have a strategy to build out that first backbone for future growth.
Focus on 4 elements: Things, Issues, Process and People.
1. Things – focusing on the obvious:
-Build out for growth
-Ethernet IP is moving IoT toward more wireless
-Devices need to get to your cloud without going through lots of walls (security issue)
2. Issues – around data:
-Used to increase visibility and quality of the data
-Predictive in nature
-Needs a secure environment
-Who needs access and how do we make it readable
3. Process – common processes that can be improved:
-Track inventory (manual checking)
-Optimize production process
-Decrease downtime
-Predictive maintenance and repair
4. People – things to be aware of:
-Need to manage the cultural change
-Need to agree on protocols between suppliers and customers
This 2015 Smart Manufacturing Summit CEO Solutions Exchange was sponsored by Cisco Systems, Inc. Please contact the session thought leaders for more information on how Cisco can help you converge unrelated networks, scale to meet increasing traffic demands, employ advanced data analytics, and inspire a new class of intelligent applications-to increase productivity without sacrificing security.
Weston (Wes) Sylvester
Regional Manager, Internet of Things Group
Cisco Systems, Inc.
[email protected] | 919-392-7637
Bryan Tantzen
Senior Director, Discrete Manufacturing, Internet of Things Group
Cisco Systems, Inc.
[email protected] | 408-902-3980
Facilitator: Kristin Arnold, President, QPC Inc. – The Extraordinary Team, Tel: 480.502.2100 or 800.589.4733 | www.extraordinaryteam.com
Chief Executive Group exists to improve the performance of U.S. CEOs, senior executives and public-company directors, helping you grow your companies, build your communities and strengthen society. Learn more at chiefexecutivegroup.com.
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1:00 - 5:00 pm
Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process
Executives expressed frustration with their current strategic planning process. Issues include:
Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns. They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning. Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process. This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented. If you are ready for a Strategic Planning tune-up, select this workshop in your registration form. The additional fee of $695 will be added to your total.
2:00 - 5:00 pm
Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations.
Limited space available.
10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS
General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.
The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.
