Executives confront business disruptions, ineffective communications, depleting profits, and crisis management. The new CEO might miss operational duties while the seasoned CEO might face unexpected challenges that require outside expertise. Leadership teams at all levels must be nurtured, mentored, and prepared to navigate the ongoing and often changing needs of their companies.
Thinking about everything can be daunting – from championing your strategy, to mitigating risk, to business development – FloridaMakes has you covered.
Without focus, any manufacturer could falter. A strong strategy developed in a systematic way to impact the entire organization will drive company success. Strategic planning is a leadership activity used by manufacturers to better focus energy, establish priorities, and strengthen operations to achieve targeted objectives.
Without a clear vision for the future, leaders make wrong decisions, confusing employees about their work contributions. The strategic planning process is designed to drive manufacturers in the right direction and to elevate the exchange of innovative ideas within the workforce.
Creating tangible, measurable, short-term goals that connect to the longer-term strategy is essential. It’s easy to create a company-level list of next steps to do tomorrow, but it’s not so easy to connect the future to the present so everyone understands what they need to do and actually do it.
FloridaMakes Business Advisors help manufacturers with Strategies for Business Development:
Manufacturing businesses vary in size and growth capacity, but most small manufacturers experience the same challenges as they encounter growth.
FloridaMakes Business Advisors are uniquely skilled at recognizing and properly characterizing a manufacturer’s stage and have experience in navigating, or avoiding entirely, the challenges which would otherwise risk business growth.
Additionally, our partner GrowFL, offers programs for second stage companies, including the Florida Companies to Watch awards program, CEO Roundtables and Leadership Institutes.
Organizations should continually assess where gaps may exist as a method to create plans to develop their capability and capacity. Organization Development (OD) is a process that focuses on improving an organization's capability with a focus on alignment of strategy, structure, processes, people, and measures. An understanding of the organization's culture, its norms, formal and informal relationships, and dynamics informs the creation of initiatives to develop systems, structures, and processes to improve effectiveness.
The Balanced Score Card is an integral part of the achievement of an organization’s strategic plan. The purpose of the balanced score card is to align the organization’s strategy keeping the vison at the center. The balanced score card directs the organization to examine themselves from four perspectives: Financial, Customer, Process, Learning and Growth. The goal is to develop action plans, objectives and measures related to the four perspectives creating a balanced approach to the management and future of the organization.
FMEA is a proactive system for evaluating a process or design to identify potential failure modes and their causes and effects. This analysis is highly effective and adaptable to manufacturing companies of all sizes. The analysis starts by listing the functions that the process or design needs to fulfill, followed in order by failure modes, potential effects, potential causes and detection methods. Once these inputs are established, a numerical ranking process calculates account severity, occurrence and detection to mathematically quantify a Risk Priority Number (RPN) This number ranks a company’s risk.
FloridaMakes can help the CEO and other members of the organization expand their leadership capacity within their companies. We provide connection with other entrepreneurs, CEOs of companies of all sizes and industries, and local partners for sharing best practices and establishing relationships. We offer customized training, mentoring, group, or virtual on-line sessions.
Learn how FloridaMakes works with Florida manufacturers - and how we can help unlock growth opportunities and cost savings for your business.
The FloridaMakes network has serviced hundreds of manufacturers across the state since 2016. Learn about the impact our services have on companies' long-term business growth and productivity.
We never imagined that we could get so much training in one year and see the results so quickly! We are so thankful to FloridaMakes for helping us with the grant process and connecting us with qualified trainers. The Business Advisor made the process so easy, and she was there every step along the way. The training propelled us forward to be better leaders and work better together as a team. We look forward to more growth and we are now better prepared for it!
I'll sometimes work an entire weekend without sleep. Even if I'm completely exhausted, I'll make time for the Roundtable. It's about making time to work on your business and not in it. I always feel refreshed and come away with new knowledge. I can honestly say there hasn't been a single meeting where I felt disinterested or bored of what was being discussed. We all have different businesses, but our struggles and concerns are all very similar. It's remarkable.
I really appreciate the GrowFL CEO Roundtables available through FloridaMakes. One quickly realizes that we share the same stresses. We may talk about how to deal with a certain employee, logistics issues, market challenges, pay incentives, or how a certain book made an impact. I go in with a notebook and even if a problem being discussed is not currently a concern of mine, I take note knowing that as I grow, the I might face the same issue eventually. It's a great place to let your guard down and share your victories and challenges. People get emotional and really open up.
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