When running a business division or even an entire company, there is constant friction between being customer focused and being process focused. It’s a constructive friction that often swings like a pendulum strongly in one direction or another, due to changes in customer expectations and end-market conditions. Yet industrial gas companies must balance both to […]
Centralising your functional resources
The decision of centralisation vs decentralisation of functional resources has been a regular evaluation by small and large businesses for decades. No company is fully centralised or decentralised, instead there are varying degrees of both. The amount of centralisation that’s right for a company depends on its size, culture and strategy. If a company is […]
Moving to ERP Systems
The use of the term ‘ERP’ (Enterprise Resource Planning) can get some senior executives and business owners a little nervous. Some recall the implementation failures during ERP’s early days, or the lower than expected returns on the investment (ROI) for some of their peers. Whatever the reason, since Gartner coined the term ‘ERP’ in 1990, […]
The importance of a digital strategy
The concept or maybe the value of a digital strategy started becoming more evident over the last 10+ years as some digital capabilities (social media, mobile, e-commerce, IIOT) have scaled and gone mainstream.But developing a ‘sustainable’ digital strategy is hard work, harder than it has ever been, because the landscape is constantly changing. Unfortunately, the […]
Talent Management – The future of work
The topic ‘Future of Work’ has become a mainstream talking point over the last 5-7 years, principally driven by the rise of artificial intelligence (AI) and its potential impact on the workforce in the not too distant future. So, what should companies in the industrial gas space (and its ecosystem) be thinking about and planning […]
The Rise of Private Equity in the Industrial Gases industry
Over the last 5-10 years the presence of private equity in the industrial gas industry has dramatically increased. Not just at the mid-market level (with local and independent producers/distributors), but now they have made their presence known on the regional and global stage with companies like PAG Capital in China and CVC Capital globally with the Messer Group. Taking a closer look […]
Why the interest in Coal Gasification by Industrial gas companies?
The industrial gas industry provides products that are not typically known by the average consumer but, are critical to the manufacturing process of products they use everyday (i.e., computers, cell phones, packaged foods, gasoline, etc.). There was a famous tagline used by BASF twenty (20+) years ago that said, “we don’t make a lot of the products you buy…we […]
Blockchain….why all the hype?
The topic of Blockchain is all over business and technology news but, if you ask an operational executive to explain why all the hype, chances are they will have a difficult time explaining its value. This response is not unusual because the technology is a bit complex, and it’s only proven use case is cryptocurrencies like […]
From RPA to “Intelligent Automation”
My last few articles have focused on the rise of RPA (Robotic Process Automation) from a disruptive solution focused on a small segment of the marketplace, to one that is now being piloted or used on a small/medium scale by many Fortune 1000 companies (see past articles). Per HfS Research, RPA market size is forecasted to […]
Why Are ~30% of RPA Implementations Failing?
About a year ago, I recall chatting with a CIO of a >$0.5B concern and asking if he was familiar with the term “RPA.” To my surprise, he was not but, very quickly came up to speed due to its potential. That example is becoming very “rare” as RPA (Robotic Process Automation) interest continues to […]