Today, manufacturers’ customers have constantly evolving requirements, and collaboration is vital to keeping pace with their needs. It provides a way to bring together critical skills, market knowledge, technologies and infrastructure to provide the products and solutions, as well as ongoing innovations that customers want. Thus, manufacturers in the United States need to embrace collaboration to thrive in an increasingly demanding global marketplace.
Mitsubishi Heavy Industries (MHI) Group has been active in U.S. manufacturing for several decades. Now, with some 7,300 employees operating across 30 states, the group is investing heavily to expand U.S. operations by 20 percent over the next two years. As we participate in the U.S. manufacturing renaissance, collaboration is one of our guiding principles.
Collaboration needs to be employed at several levels—an approach illustrated by our experience in the U.S. For example, we partner with numerous U.S. companies to develop innovative offerings, working with some of the leading U.S. manufacturers and technology companies to supply parts for civilian aircraft, autos, construction equipment, forklift trucks and more. Our collaborative approach encompasses not only production, but also sales and service, which are vital to meeting customer needs. In our supply chain, we always seek to use local partners—not just to control costs, but to access important capabilities and skills.
When entering into such partnerships we always take a long-term perspective. This helps to build commitment among partners. For example, we are now celebrating the 25th anniversary of the founding of Mitsubishi Caterpillar Forklift (MCFA), a joint-venture partnership between MHI and Caterpillar, the U.S. industrial equipment company. Combining the best of U.S. innovation and Japanese management practices, MCFA has met increasingly complex requirements from customers while simultaneously improving efficiency and reducing costs.
MHI also is driving collaboration internally, within the workforce. For example, we ensure that newer recruits receive on-the-job training and guidance from experienced employees approaching retirement. This kind of multi-generational collaboration will be vital for U.S. manufacturing as demographic shifts reshape the workforce in the coming years.
As part of MHI’s focus on collaboration, we often build facilities in local markets, which helps us stay close to partners and, especially, customers. We also recently established a new Oil & Gas Division—and our new U.S. headquarters—in Houston, Texas, supporting greater collaboration with companies and customers in that U.S. energy-industry hub. Our turbine plant in Savannah, Georgia now has more than 132 orders for gas turbines in the Americas.
At MHI, we have great confidence in the future of U.S. manufacturing, and we are investing in that future. It’s clear that collaboration will play a key role for us and, we believe, in helping to enable and sustain the country’s manufacturing renaissance, as well.
Learn more at https://spectra.mhi.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.
