What can we learn from the transformation of the rust belt industry to high tech?

 

Steven Blue

Steven Blue

Steven L. Blue is President and CEO of Miller Ingenuity, a global supplier of high-technology systems that protect assets, preserve the environment, and save lives. He has extensive experience in transforming cultures and bridging the gap between rust-belt traditions and high-tech.

As an internationally recognized business transformation expert, his keynote speeches have shown many c-suite executives how to maximize their company’s Innovational Potential® and double or even quadruple their company’s growth.

Steven Blue is the author of five books and has addressed audiences at Harvard Business School, The United Nations, Carnegie Hall, The Safe America Foundation, Industry Week, CEO Clubs International and more. His leadership insights have been featured in The Wall Street Journal, Fox News, CNBC, Forbes, Fortune, CEO World, and Bloomberg Business Week.

Today we discuss how he transforms rust belt companies into high-tech cultures while empowering employees to innovate and make decisions that positively affect culture and the bottom line. We also explore where organizations get stuck or blindsided, what is a Cirque du Soleil culture, and why you always need to be strengthening your balance sheet.

Whether your company is low tech or high tech, Steven has valuable insights to share with you from his four decades in senior business leadership roles.

What We Discuss in this Episode

  • How to transform a rust belt company into a high-tech leader
  • Cultural differences between the rust belt and high tech
  • Aligning traditional practices with innovative technology
  • Shifting your customer and employee perspectives
  • The importance of keeping your promise through transitions
  • Painting an accurate picture for your shareholders and employees
  • Why you want to create a Cirque Du Soleil culture
  • Focusing on profit while preserving the environment
  • Factors that hinder innovation when it’s obvious that things must change
  • Getting rid of the punch clock
  • The benefit of peer performance reviews
  • Overcoming the biggest challenges in transforming an industry
  • Protecting your company from being blindsided
  • Why you always need to be strengthening your balance sheet
  • Recognize that transformation is a long process

Podcast Highlights

2:00 – Jumping into the railroad industry

5:00 – Transforming the rust belt

14:48 – Cirque du Soleil culture

20:30 – What hinders innovation

25:50 – Peer performance reviews

30:00 – Overcoming challenges

35:55 – It’s a process

Episode Resources

Book – Metamorphosis

Connect with Steven L. Blue

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