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MiMfg Magazine
April 2019
Be Confident in the Three Cs
According to Dan Liable, CFO and executive vice
president for Tier 1 global auto supplier NYX Inc.,
“any time you’re navigating uncertainty, stay focused on
the three Cs: Cash, Culture and Customers. They put
your team in a position to succeed.”
Cash means managing liquidity, tending to the
relationship with your lending institution and
watching your cash cycle. Culture means repeatedly
confirming that you have the right people, they are
aligned, they are achieving the right outcomes and,
importantly, they are achieving them the right way.
Customers means that you are providing value, your
customers know you are providing value and you are
growing that customer base in a sustainable manner.
“Those are your three guideposts to navigating
uncertainty and keeping your team moving forward,”
explained Liable.
Develop New Connections
and Continue to Learn
Even as you dedicate more time within your facility’s
four walls to lock down new talent, create new products
and locate the next great technology, it’s important
to stay aware of emerging trends and best practices.
“The last ten years of manufacturing have seen the
fast development of innovative, new ideas,” explained
Hadden. “By combining the technologies and new
methods of customer relations with the lessons the
industry learned coming out of the last recession, we
can have a manufacturing industry capable of doing
incredible things without that same level of fear or
uncertainty that we once had. That’s what we’re
working to accomplish at the MFG Forum.”
Tackling Emerging Issues
The 2019 MFG Forum will feature a who’s
who of Michigan’s leading manufacturers. From
connecting Industry 4.0 innovation to your existing
workforce, developing a pipeline to expand your
workforce, discussing ways to leverage new technology,
understanding the data behind industry trends and
empowering your team to excel in the 21st century,
the Forum is an event you and your brand’s leadership
can’t afford to miss. Check out mimfg.org for more
information and to register.
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Brett Gerrish is MMA’s communications
coordinator. He may be reached at
[email protected] or 517-487-8533.
Your Support is Critical
“Our ability to support pro-manufacturing candidates
is imperative as anti-manufacturing voices are
working strategically against our industry. The
MMA-PAC is limited to personal contributions
from our members, so your contributions as a
leader in manufacturing are critical to success
in these pivotal mid-term elections.”
— Patrick Curry, MMA-PAC Chair
and President of Fullerton Tool
Contributing to the MMA-PAC is an investment in Michigan’s future and one of the most
affordable and effective ways to support pro-manufacturing legislators and candidates.
Donate online today at mimfg.org or contact Brianna Mills: 517-487-8523 or [email protected].
MMA-PAC can accept personal contributions or contributions from sole-proprietorships, partnerships or limited liability companies (LLCs). State Law prohibits acceptance of corporate checks.