IfM Briefing: Developing industrial capabilities - for companies and countries
16:30 - 19:00, INSTITUTE FOR MANUFACTURING
Talks 16:45-18:30, drinks and canapes 18:30-19:00
Understanding and developing capabilities is an essential part of strategic management of businesses. It also matters for countries – particularly those finding themselves in rapidly changing environments.
Professor David Teece has led the development of dynamic capability as a concept designed to enable businesses to navigate in changing environments through a better understanding of their current and necessary future capabilities.
Professor Teece will explore the latest developments in thinking about dynamic capabilities, followed by Professor Tim Minshall who will consider the related issues for skills development, and Dr Paul Christodoulou and Frank Wagner who will share recent global industrial experiences. A panel session will then consider key questions and practical implications for companies and governments.
Who should attend?
The briefing will be of interest to people responsible for capability development in their organisation and to people interested in and those responsible for industrial policy at regional and national levels.
The briefing is open to all but attendees willing to contribute their own experience and expertise to the discussion will be particularly welcome.
Dr. David J. Teece is the Tusher Professor of Global Business and the Director of the Tusher Initiative for the Management of Intellectual Capital at the University of California Berkeley. He received his BA and MComm (Hons1) at the University of Canterbury and his Ph.D. in economics from the University of Pennsylvania. He teaches at the MBA, Ph.D. and executive levels.
He is also Chairman and CEO of Berkeley Research Group, a privately-held expert services and advisory firm which under Dr. Teece’s leadership has grown to 1,200 employees and over 40 offices on five continents in under eight years.
Tim is the inaugural Dr John C Taylor Professor of Innovation, Head of the Institute for Manufacturing (IfM) and Head of the IfM’s Centre for Technology Management (CTM). His research, teaching and engagement activities are focused on the links between manufacturing and innovation.
Since joining the University of Cambridge in 2002, Tim has played a very active role in the development of innovation and technology management activities across the University. He also works closely with companies in the Cambridge cluster, the largest and most successful technology cluster in Europe.
Paul joined IfM ECS in 2002 where his role as a senior practitioner is 'putting the outputs of research into practice'. This involves working closely with partner companies and IfM's research centres to develop and deploy methodologies via collaborative projects. Paul has led major collaborations - using IfM tools such as roadmapping, make-or-buy and global manufacturing network design - with leading companies including Beiersdorf, Bombardier, Caterpillar, Electrolux, Grundfos, Huntsman, IKEA, Invensys, LEGO, Rolls-Royce, SABIC, Schneider Electric, Sealed Air, Shell and Wavin. These projects typically involve working closely with senior cross-functional teams in tailoring and applying IfM tools and embedding them within the company's strategic business processes.
Frank Wagner is a global manufacturing executive that has led manufacturing, supply chain and quality globally for three major corporations. His last global role was with Electrolux corporation where he was the first global leader of manufacturing operations for the $16B company which consisted of 35 facilities in 13 countries with over 37,000 employees. In this newly formed role, he created a consistent operations structure across this new team including a defined lean program, metrics, optimal plant layouts, and equipment suppliers. After completing the core structure, he engaged the Cambridge IfM team to develop an optimized global manufacturing footprint including core non-core analysis at the product and process levels. He leveraged this new structure to drive significant results including the company’s highest ever quality level of 95%, reduced manufacturing energy consumed per product by 47%, and reduced manufacturing cost per product by 25%.
Following an early career in industry Mike Gregory was the was the founder member of the team which established the IfM in 1998. Linking science, engineering, management and policy and integrating education, research and practice the IfM now has over 230 staff and research students and a further 100 undergraduate and Masters students. He retired as Head of the Manufacturing and Management Division of the University of Cambridge Engineering Department and of the Institute for Manufacturing (IfM) in 2015.
Mike Gregory’s work is closely linked with industry and government and he has published in the areas of manufacturing strategy, technology management, international manufacturing and manufacturing policy.
IfM Briefing Series
This event is part of the IfM Briefing Series, thought-provoking events that tackle real challenges.
Each event is tailored to a defined audience, focussing on a specific topic, bringing together expertise in that topic to address common challenges in manufacturing.