FABTECH 2023

F99: Unseen Risks that Drive Up Operational Costs and Drive Down Profits & How to Recover (Room S402B)

*This conference session requires registration and payment.

Unseen Risks that Drive Up Our Operational Costs and Drive Down Profits
We will discuss the criticality of risk identification, mitigation, and management and the associated cost implications. We will provide you with tools to help identify risk and prioritize controls. We will give you real world examples and case studies detailing the impact predictive maintenance strategies, business contingency plans, and safety management can have on your business / bottom line as well as improve the resiliency of your business.
Gwendolyn Luscavage - Acuity Insurance

How to Recover from a Failed Change Initiative
Implementing change in a company is difficult, to say the least. According to Gallup research, more than 70% of change initiatives do not achieve their objectives. Among the major causes cited: Lack of employee engagement, poor communication, and employee resistance to change. How do you recover when an initiative has failed? You’ve broken the trust with your employees, but still need to improve outcomes for your business to survive and thrive. Attendees take away 4 key steps to re-establish trust and achieve the changes desired.
Paul Vragel - 4aBetterBusiness, Inc.