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Pub. DateTitleDuration
26 May 2022 Bill Johnson: Driving and Sustaining Transformations 00:33:36

Bill Johnson is the President & CEO of Welbilt, a global food service equipment company. In this episode he shares his experiences of driving transformations during his many senior-level stints at various industrial companies. Bill highlights the importance of leadership engagement, creating financial transparency or “keeping score” on the impact of initiatives, upgrading talent, and embedding the new practices in day-to-day business, as key enabling factors for successful and sustainable transformations.

As COVID-19 and labor shortages accelerated technology disruptions in the food service industry, especially with cloud kitchens, contactless food delivery, and smart kitchens coming into play, Bill discusses the need for traditional industrial businesses like food service equipment companies to transform into industrial technology-focused companies. 

Tune in as Bill reflects on his learnings not only from leading successful transformations in the industrial equipment industry but also as a former nuclear engineer in the United States Navy.

Discussion Points: 

  • Welbilt’s recent sale to Ali Group
  • Supply chain challenges due to the pandemic and Welbilt’s response
  • Digitization of food service businesses during and post-pandemic
  • Welbilt’s transition from traditional industrial to industrial technology company
  • Bill’s path from a nuclear submarine in the Navy to the industrial equipment industry
  • Learnings from Bill’s transformation efforts at various companies:
    • Have big ears – listen 
    • Right-size first and change processes after
    • Upgrading talent – hire well and move transformation blockers
    • Leadership engagement and presence – show up and make it important to you
    • CFO as the scorekeeper on P&L impact 
  • Bill’s interests outside work – golf and big game hunting
  • Next steps in Bill’s career

Ayna Insights is brought to you by Ayna, the premiere advisory firm in the industrial technology space that provies transformation and consulting services to its clients. The host of this episode, Nick Santhanam is the CEO of Fernweh Group. The host of this episode, Shekhar Varanasi, is Chief Operating Officer at Fernweh Group. Fernweh Group is an investment company that is adapting an engaged investor and operator model to create alpha – performance superior to market indices – in the industrial and industrial technology sector.  

This episode is part of Ayna’s Industrials 2P podcast series which focuses on transformational journeys of companies in the Industrials Sector, one of the most prominent sectors and the bedrock of the U.S. economy. 

 

For More Information

Bill Johnson at Welbilt

Bill Jo...

22 Feb 2022 Bob Luddy: Industry Leadership in Small Businesses 00:31:33

Robert (Bob) L. Luddy, one of the most talented, persistent, and enduring entrepreneurs in the U.S., shares his journey of transforming CaptiveAire to an industry leader. Bob discusses CaptiveAire’s focus on continuous growth and improvement, the rich culture of perfection, and the passion of bringing right technologies and products to its customers. 

Founded by Bob in 1976 as a small fire suppression company in Raleigh, N.C., CaptiveAire is today the largest privately held manufacturer of commercial kitchen ventilation systems in the U.S. and a one-stop shop for any building’s HVAC needs. Bob is also the author of the book, Entrepreneurial Life: The Path from Startup to Market Leader.

What does it take to convert an entrepreneurial concept from just a dream to becoming a market leader? How do small businesses build and sustain winning cultures? What measures can make businesses withstand the ups and downs of economic cycles? Listen in as Bob Luddy shares his thoughts on becoming and remaining the leader in an industry.  

Discussion Points:

  • CaptiveAire’s experiences with the challenges of COVID
  • Technology disruptions in commercial food services
  • Importance of an end-to-end integrator model in the face of these disruptions
  • Bob’s top predictions for the HVAC industry 
  • CaptiveAire’s journey to become a leader in commercial kitchen ventilation systems
  • Bob’s reflections on what attracted him toward the industry
  • Striking the right balance at CaptiveAire between perfection and speed-to-market
  • Driving continuous growth and improvement
  • The secret sauce to sustaining culture and attracting talent in small businesses
  • Bridging the gap in trade skills in the U.S.
  • Bob’s motivation to write his book and the focus of his next one

 

Ayna Insights is brought to you by Ayna, the premiere advisory firm in the industrial technology space that provies transformation and consulting services to its clients. The host of this episode, Nick Santhanam is the CEO of Fernweh Group.

This episode is part of Ayna's Industrials series, which focuses on transformational journeys of companies in the industrials sector, the bedrock of the US economy. 

 

Resources/Links:

CaptiveAire Website

Robert Luddy LinkedIn

Find Bob’s Book on Amazon

Ayna

Nick Santhanam LinkedIn

11 Mar 2022 Brett Cope: Weathering Storms in Cyclical Business 00:24:57

Brett Cope, President and CEO of Powell Industries recounts his leadership of a 75-year-old family business with a can-do attitude. He shines a light on the importance of culture in enabling a small company to weather the many economic storms and stay on the path of continuous improvement and value creation despite business cyclicality. Powell Industries designs, manufactures, and services custom-engineered equipment and systems for the distribution, control, and monitoring of electrical energy. 

Drawing on nearly 30 years of experience in the electrical, automation, and process industries, Mr. Cope also shares his views on the state of the electrical energy equipment industry today and the electrical energy sector’s likely transformation over the next several years. Listen in as one of the pioneers in the electrical and automation space talks about weathering crises, embodying core values, attracting and keeping talent at a relatively small company, and being a nonfamily CEO of a family-owned business.

Discussion points:

  • Powell Industries and the nature of their business
  • Cyclicality of the energy industry and Powell’s preparedness for it
  • Powell’s weathering of covid and the ensuing wave of supply chain challenges
  • Opportunities for Powell amidst the different trends shaping the electrical energy industry 
  • Brett’s career path to Powell, and the challenges of being the first non-family member to run the company
  • Powell’s culture as a key enabler to weather the many storms
  • Brett’s leadership and embodiment of Powell’s four core values: Customer First, Respect for our Employees, Continuous Improvement, and “Can-Do” Attitude
  • Driving Powell’s market performance now and in the future
  • Attracting and keeping talent at sub-$1Bn company
  • Brett’s predictions for the next 3-5 years and views on alternate energy sources vs. oil and gas

Ayna Insights is brought to you by Ayna, the premiere advisory firm in the industrial technology space that provies transformation and consulting services to its clients. The host of this episode, Danielle Isbell, is Manager of Operations at Fernweh.

This episode is part of our Industrials series which focuses on transformational journeys of companies in the industrials sector, one of the most prominent sectors and the bedrock of the U.S. economy. 

For More Information

Powell Industries Website: https://www.powellind.com/Default.aspx

Brett Cope on LinkedIn: https://www.linkedin.com/in/brett-cope-4a050b3/

Fernweh Group: https://www.ayna.ai/ 

21 Apr 2022 Chetan Dube: Artificial Intelligence (AI) Imperatives Facing Businesses 00:35:21

Chetan Dube, founder and CEO of Amelia, an industry-leading cognitive agent, has an ambitious goal: to free mankind from the shackles of mundane daily tasks and chores so creative minds can soar and create a better world for all of us. According to Chetan, with AI at a tipping point of exceeding human levels of comprehension, it is no longer a choice for businesses to use AI or not; it is a choice between adapting to a digital hybrid or dying slowly.

Hesitancy and misconceptions about AI have long been a barrier to widespread adoption. One important way AI can help us right now is by bridging our current labor and talent gaps. Companies should consider how they can make their employees’ lives better and easier by using AI to take on the drudgery of mundane tasks that don’t require a human employee, which can only benefit bottom-line growth.

Chetan’s passion for developing algorithms that will model the best of human thinking and behaviors is inspiring. Join us for a discussion about how AI is improving businesses and lives today and how it will transform our world in the near future.

Discussion points:

  • The state of AI today and the businesses most affected
  • Digital Darwinism in future business
  • Industry success stories from the hospitality and gaming sectors
  • Expectations from AI five to 10 years from now
  • Chetan’s journey from academia to creating a functional working AI system he named Amelia
  • Driving successful digital transformations at mid- and small-cap industrial companies
  • Risks that businesses face if they don’t adopt a digital hybrid model today
  • Role of AI in addressing the talent gaps arising from the Great Resignation
  • Chetan’s dream of using AI as the enabling technology to free humanity from mundane tasks

Ayna Insights is brought to you by Ayna, the premiere advisory firm in the industrial technology space that provies transformation and consulting services to its clients. 

This episode is part of our Disruption 2.0 series, where the focus is on how a new wave of technology is disrupting multiple sectors.

For More Information

Chetan Dube website

Chetan Dube on LinkedIn

Ayna

Paolo Baldesi on LinkedIn

21 Feb 2022 Chris Krebs: Cybersecurity Risks and Controls 00:39:46

Chris Krebs, a renowned expert in cybersecurity, shares his thoughts on the current issues facing cybersecurity around the world, including the current situation in Ukraine, the 2020 election, the Colonial Pipeline hack, and other attacks on critical infrastructure. He also discusses how organizations can anticipate, prevent, and recover from these types of attacks in the future.  

Mr. Krebs is a former Director of the Department of Homeland Security’s Cybersecurity and Infrastructure Security Agency (CISA). He recently founded a cyber consulting firm named Krebs Stamos Group with his partner Alex Stamos where their first assignment was the SolarWinds hack.

How big is the threat of cyber attacks in today’s world? How can companies become more security minded? Tune in for the conversation with Chris Krebs to learn more.

Discussion Points:

  • The recent surge in cyber attacks 
  • Current state of capabilities to withstand attacks: people, processes, and technology
  • The spectrum of ‘bad guys’ out there i.e., the cyber attackers
  • Six elements of cybersecurity:
    • Leadership – cybersecurity as a priority for CXOs
    • All hands on the deck – from the CEO to interns
    • Identity management – knowing who is in the company’s network
    • Device management – taking stock of devices in the network
    • Incident response plan
    • Recovery plan
  • Anticipation and preparedness for cyber attacks during 2020 US Presidential elections 
  • Security and risk management for global companies
  • Mr. Krebs’ journey from an Environmental Engineer to the Department of Homeland Security and now at his new venture – Krebs Stamos Group
  • The future of Krebs Stamos Group

Ayna Insights is brought to you by Ayna, the premiere advisory firm in the industrial technology space that provies transformation and consulting services to its clients. The host of this episode, Nick Santhanam is the CEO of Fernweh.

This episode is part of Disruption 2.0 series where the focus is how a new wave of technology is disrupting multiple sectors.

For more information:

Christopher Krebs LinkedIn

Krebs Stamos Group Website

Ayna

Nick Santhanam LinkedIn

28 Feb 2022 Gregory Rustowicz: The “Great Transformation” at Columbus McKinnon 00:21:45

Gregory Rustowicz, Vice President of Finance and CFO of Columbus McKinnon, shares his thoughts on the company’s strong track record of value creation and resilience through the pandemic and the changing dynamics in the material handling industry.

Columbus McKinnon is a global leader in lifting and motion-control technology, and they are “moving businesses forward with smart solutions for high-value problems.”  With its restructuring initiatives, programmatic M&A approach, and strong cashflow performance even during the pandemic, Columbus McKinnon is a case study on driving alpha returns within the Industrials sector. 

Join us for a glimpse into some of the internal strategies for growth and success that Greg has been part of with Columbus McKinnon’s “great transformation” over the last 10 years, including his ideas on industry trends, thoughts on mergers and acquisitions, and finding and fostering talent.

 

Discussion Points

 

  • Columbus McKinnon’s “intelligent motion solutions” and the main markets they serve
  • Opportunities and challenges faced by Columbus McKinnon during the pandemic
  • Columbus McKinnon’s “Blueprint for Growth 2.0”
  • Trends in automation and changing dynamics in material handling industry 
  • The most susceptible and resilient markets to downturn
  • Looming threats, opportunities, and trends in the industry
  • Greg’s personal journey including his path to becoming the CFO of a company
  • Columbus McKinnon as a case study on value creation
  • Greg’s learnings as the CFO of a public company over the last 10 years
  • The secret sauce for talent acquisition and retention
  • Greg’s advice for CFOs of companies embarking on transformational journeys

Ayna Insights is brought to you by Ayna, the premiere advisory firm in the industrial technology space that provies transformation and consulting services to its clients. 

This episode is part of our industrials series which focuses on transformational journeys of companies in the industrials sector, one of the most prominent sectors and the bedrock of the U.S. economy.

 

For More Information

Columbus McKinnon Website: https://www.columbusmckinnon.com/en-us/

Greg Rustowicz on LinkedIn: https://www.linkedin.com/in/gregory-rustowicz-a2211670/

Ayna: https://www.ayna.ai/ 

Paolo Baldesi on LinkedIn: https://www.linkedin.com/in/paolo-b-a47b344/

12 May 2022 Lewis Von Thaer: Driving Innovations That Benefit the World 00:32:37

Lewis “Lou” Von Thaer is President and CEO of Battelle, the world’s largest independent nonprofit applied science and technology organization. With a team of over 40,000 highly skilled and trained employees, Battelle provides companies and governmental agencies with comprehensive scientific solutions, serving multiple markets, including health care, industry, national security, infrastructure, and the environment. 

Mr. Von Thaer describes what’s next in the R&D landscape as companies recover from the impact of the COVID-19 pandemic citing examples of practices that have contributed to Battelle’s success. He describes how small and midsize companies can get help in establishing a focus and thriving as the economic landscape changes. He also outlines the many ways that Battelle is working to develop the next generation of thinkers and doers through its education programs that mine talent from underserved populations in the community. In addition, he shares stories of his remarkable career path, innovations he has fostered, and challenges he has met.

Discussion points:

  • Greatest challenges in the innovation/R&D landscape, especially post-Covid
  • Battelle’s dual mission set by its founder 100 years ago – research and giving back to the community
  • Lou’s journey from blue-collar Kansas town to CEO of Battelle
  • Battelle’s role in helping companies drive focused innovations
  • The current talent gap and how Battelle is addressing it
  • Lou’s perspectives on key innovations five or ten years down the road

 

Ayna Insights is brought to you by Ayna, the premiere advisory firm in the industrial technology space that provies transformation and consulting services to its clients. The host of this episode is Paolo Baldesi

For More Information

Battelle website

Lou Von Thaer on LinkedIn 

Ayna

Paolo Baldesi on LinkedIn

11 Mar 2022 Meghan Juday: The “IDEAL” Way for a Family-Owned Business 00:41:02

Meghan Juday is chairman of the board at Ideal Industries, a family-owned multinational corporation engaged in diversified industries. In this describes her firsthand experience of managing a successful family-run business. A key advantage is a long-term perspective, expressed on the company’s website as “seeing our business in generations, not quarters,” which fosters an entrepreneurial culture. However, a company’s legacy can be difficult to maintain over generations in a constantly changing environment. 

Ms. Juday provides glimpses of Ideal’s strategies for maintaining a family environment of inclusion, development, growth, and success. As a speaker, author, and family business and corporate governance advocate, she has a deep understanding of what helps family businesses thrive and survive. Join us to learn more about how she maintains the founding culture and standards, grooms talent in younger generations, and meets the challenges of being a female leader of a manufacturing business.

Discussion Points

  • IDEAL Industries’ history since 1916
  • The company’s experiences during the Covid crisis 
  • Family businesses being more resilient in a down market 
  • Trends in the electrical industry and how can family businesses keep up 
  • Meghan’s fascinating journey to Chairman of the Board of IDEAL industries
  • Advice for families to ensure the continuity of their family enterprises
  • Initiatives Meghan launched at IDEAL Industries to increase family engagement and develop the next generation of leaders
  • Sustaining the culture at IDEAL that began with J. Walter Becker in 1916
  • Meghan’s writing and development of a peer group for women serving on Boards of Directors

Ayna Insights is brought to you by Ayna, the premiere advisory firm in the industrial technology space that provies transformation and consulting services to its clients. The host of this episode, Nidhi Arora, is Vice President at Ayna

This episode is part of our industrials series which focuses on transformational journeys of companies in the industrials sector, one of the most prominent sectors and the bedrock of the U.S. economy. 

For More Information

IDEAL Industries Website: https://www.idealindustries.com/us/en.html 

Meghan Juday on LinkedIn: https://www.linkedin.com/in/meghanjuday/ 

Ayna: https://www.ayna.ai/ 

14 Feb 2022 Professor Christopher Monroe: Nearing the Quantum Advantage 00:38:35

Professor Christopher Monroe, an international leader in quantum computing, discusses the current state of play in the space, the path to quantum advantage, and the applications that will benefit once we get there. He also shares his views on increased consolidation that he expects to see amongst quantum computing players going forward and the need for greater collaboration between the different communities of scientists, engineers, application developers and enterprises to shape the future of the industry. 

Professor Monroe is the co-founder and Chief Scientist at IonQ, a start-up that made headlines by becoming the first pure-play quantum computing company to go public in October 2021. He is also a Professor of ECE and Physics at Duke University.

Tune in for an insightful conversation on one of the hottest topics of this century as Professor Monroe offers his perspectives based on 25 years of pioneering research on trapped atomic ion-based quantum computers. 

Discussion Points:

  • NISQ (Noisy-Intermediate-Scale Quantum) era of quantum computing and current state of quantum capabilities
  • The path and timeline to quantum advantage and commercialization 
  • Applications and industries that will see the most value unlock
  • Emergence of multiple full-stack players like IonQ, Xanadu, Quandco, Quantinuum
  • The social challenge in development of quantum computing 
  • Professor Monroe’s journey from an atomic physicist to taking IonQ public
  • His other academic achievements outside of quantum computing
  • Expected consolidation of quantum computing companies going forward
  • HW platforms that are likely to emerge as winning technologies
  • The role of multiple stakeholders in shaping the future of quantum computing 

Ayna Insights is brought to you by Ayna, the premiere advisory firm in the industrial technology space that provies transformation and consulting services to its clients. The host of this episode, Nidhi Arora, is Vice President at Ayna

This episode is part of the Disruption 2.0 series where the focus is how a new wave of technology is disrupting multiple sectors. Fernweh Group is an investment company that is adapting an engaged investor and operator model to create alpha—performance superior to market indices—in the industrial/industrial tech sector.  

For more information:

IonQ Website

Christopher Monroe at Duke University

Christopher Monroe LinkedIn

Ayna Website

03 Feb 2022 Professor Hany Farid: The promise of AI 00:35:50

Professor Hany Farid is called the ‘father of digital forensics’. In this episode hediscusses the pace of development in Artificial Intelligence (AI) and the threats and opportunities presented by fully synthesized content. He also suggests the need for fundamental change in the business model for the technology sector, especially in context of Artificial Intelligence (AI) and Machine Learning (ML). 

Dr. Farid is a professor at UC Berkeley and has collaborated with DARPA (Defense Advanced Research Projects Agency) to combat fake content since 2016. 

What steps are required to combat the rise of fake content? What can the world of AI/ ML technology learn from the automotive industry? Has AI delivered on its promises? 

Discussion Points

  • Exciting breakthroughs in AI and ML
  • Deconstructing deep fakes: meaning, benefits and potential risks
  • Actions required to combat the risk of deep fakes 
  • PhotoDNA: A case study of the real-world impact of technology
  • Hany’s memorable project: A forensic analysis of the Lee Harvey Oswald backyard photos
  • Developing digital forensic techniques to detect manipulation in images, audio and video
  • Hany’s prediction for the technology sector - a brand new business model and selling point
  • Potential areas of success for emerging tech companies
  • Hany’s take on being called the ‘father of digital forensics’

Ayna Insights is brought to you by Ayna, the premiere advisory firm in the industrial technology space that provies transformation and consulting services to its clients. The host of this episode, Nick Santhanam is the CEO of Fernweh Group.

This episode is part of Disruption 2.0 series where the focus is how a new wave of technology is disrupting multiple sectors. Fernweh Group is an investment company that is adapting an engaged investor and operator model to create alpha—performance superior to market indices—in the industrial/industrial tech sector. 

For More Information

Hany Farid at Berkeley

Hany Farid on LinkedIn  

Ayna

Nick Santhanam at Fernweh Group

03 Jan 2022 Professor John Martinis: The Quantum Breakthrough 00:35:43

Professor John Martinis is a a pioneering thought leader in quantum computing. In this episode he offers an insider’s view of the present and future of the technology that could revolutionize computing and the industries that depend on it. Dr. Martinis is a professor of physics at the University of California, Santa Barbara, set out to prove quantum supremacy over classical computers. His research has demonstrated some of the most reliable qubits around, leading to positions with Google and then Silicon Quantum Computing. While a quantum computer has yet to be built, the work is progressing, and Mr. Martinis notes that any day now, there could be a published paper that shows it can be done. 

Discussion Points

  • The big buzz about quantum computing 
  • Applications that can benefit from quantum computing, and the value it can unlock
  • Areas of quantum computing where Martinis sees a likelihood of success
  • The building blocks of a workable quantum computing solution
  • The current state of hardware, software, and algorithms in quantum computing
  • The commercial challenges of quantum computing and going public
  • Governmental actions needed to keep the US at the leading edge of quantum computing 
  • Martinis’ path to becoming a leader in the field and his current work
  • Martinis’ rapid progress toward quantum supremacy at Google
  • Ideas for companies that want to plan for future quantum computing possibilities
  • Cloud-based quantum computing impact on innovation
  • Martinis’ take on being called a “definite optimist”

Ayna Insights is brought to you by Ayna, the premiere advisory firm in the industrial technology space that provies transformation and consulting services to its clients. The host of this episode, Nick Santhanam is the CEO of Fernweh Group.

 

This episode is part of Disruption 2.0 series where the focus is how a new wave of technology is disrupting multiple sectors. 

For More Information

John Martinis at UCSB

John Martinis on LinkedIn

SQC Australia

 

27 Apr 2022 Professor Ludovic Phalippou: The Private-Equity Mystique 00:29:18

Ludovic Phalippou is a specialist in asset management with a focus on investments in private-equity funds. He is a professor of financial economics at Oxford’s Saïd Business School, heads their FAME Group, and has strong links with senior practitioners in the industry. He speaks at practitioner conferences, appears in the media internationally, and is the author of Private Equity Laid Bare.

Here, Professor Phalippou identifies the challenges of measuring PE funds’ performance and suggests ways of addressing those challenges. Noting that the relatively low degree of transparency in PE markets is hard to square with the relatively high management fees charged by the funds, he offers his perspective on a future in which investors will seek a greater degree of control over their investments.

Discussion Points

  • Professor Phalippou’s research into problems in measuring private-equity performance and his ideas for better metrics
  • His surprising findings from comparing private-equity funds with the S&P 500
  • Drivers behind the PE industry’s record-breaking pace of raising funds
  • Professor Ludovic’s expectations for evolution in the roles of PE firms and investors in PE funds
  • His origin story as a rural French boy fascinated with how to foster economic growth
  • His upcoming book about a more sustainable direction for private-equity markets

Fernweh Insights is brought to you by Fernweh Group. The host of this episode, Paolo Baldesi, is a senior vice president at Fernweh. Fernweh Group is an investment company that is adapting an engaged investor and operator model to create alpha − performance superior to market indices − in the industrial and industrial technology sector.

Disclaimer: The views, information, and opinions presented in this podcast are solely those of the individuals involved and do not necessarily represent those of Fernweh Group LLC or its affiliates. This Podcast should not be considered financial or investment advice. Fernweh does not verify for accuracy any of the information contained in this podcast.

 

Ludovic Phalippou on LinkedIn

Private Equity Laid Bare (Ludovic Phalippou’s book)

14 Feb 2022 Rodrigo Liang: The World of Artificial Intelligence (AI) is here 00:35:15

Rodrigo Liang, CEO and co-founder of one of the most well funded AI start-ups – SambaNova Systems – talks about the rapid transition to the AI world, the parallels of this transition with the internet era, and the industries that are already witnessing disruptions through AI. Rodrigo discusses the fundamental shift required in the hardware architecture and the merits of a software-first approach optimized for data workflows.

With their recent success and limelight in the AI world, Rodrigo and the SambaNova team are continuing this exciting journey as a trusted advisor to enterprises looking to accelerate their AI deployments. 

Where is AI in its development curve right now?  Why has data overtaken operations as the driver of AI software and hardware? How do enterprises think and approach at-scale AI adoption? Tune in for an insightful conversation with a leader in this exploding field.

Discussion Points

  • Transition from pre- to post-AI world 
  • Parallels of the transition with the then burgeoning internet era
  • Industries that will be first in making AI a mainstream part of their business
  • Use cases of AI across financial, healthcare, and retail sectors
  • The state of hardware development in AI
  • SambaNova’s journey to become one of the best funded AI companies
  • Data as the design point for development – not systems and operations
  • SambaNova’s software-first approach, and then letting that dictate the hardware 
  • Behind the scenes developments in AI
  • SambaNova as a trusted advisor to enterprises with limited resources to adopt AI at scale

Ayna Insights is brought to you by Ayna, the premiere advisory firm in the industrial technology space that provies transformation and consulting services to its clients. The host of this episode, Paolo Baldesi, is Former Senior Vice President at Fernweh.

This episode is part of the Disruption 2.0 series where the focus is how a new wave of technology is disrupting multiple sectors.

For More Information

Rodrigo Liang at SambaNova

Rodrigo Liang on LinkedIn

Ayna

Paolo Baldesi on LinkedIn

28 Feb 2022 Victor Mendelson: HEICO – Troubled Asset to a “Hotshot Stock” 00:37:09

HEICO Corporation’s turnaround story has created headlines for the past 20 years. The company designs, manufactures, and sells aerospace, defense, and electronics-related products and services in the United States and internationally. It can boast of a decade of industry-leading operational performance and shareholder value creation, propelled by its acquisition and transformation of 88 businesses since 1996.

Victor Mendelson, longtime co-president of HEICO, shares his thoughts on what has contributed to the company’s continued success, citing its flexible mindset and management during the turnaround, relentless focus on product and people development, and a culture of ownership that includes employees of acquired businesses. He also discusses HEICO’s navigation of COVID-19’s many challenges and his optimistic outlook for the aviation, aerospace, and defense industry. 

Join us to learn about key elements of sustainable transformations, the integration of companies in a programmatic M&A approach, and other insights from an exceptional leader in the industrials sector.

 

Discussion Points

  • Introduction to HEICO − their businesses, industries, and products
  • HEICO’s growth to a $2B public company and positioning for success
  • Impact of COVID on HEICO and the industry 
  • Adverse effects of the 737 Max incidents on HEICO and the industry
  • Outlook on aviation and travel as demand surges
  • Victor’s early days as General Counsel for HEICO in the 90s
  • HEICO as a case study for transformation and success
  • Challenges faced through HEICO’s 88 acquisitions over the last couple of decades
  • Victor’s advice to the young minds out there considering leadership roles
  • Enabling “ownership mindset” at HEICO 
  • Heico’s future success – we treat every day as if it were the first day

 

Ayna Insights is brought to you by Ayna, the premiere advisory firm in the industrial technology space that provies transformation and consulting services to its clients. The host of this episode, Nidhi Arora, is Vice President at Ayna

This episode is part of our Industrials series which focuses on transformational journeys of companies in the industrials Sector, one of the most prominent sectors and the bedrock of the U.S. economy. 

 

For More Information

Heico Corp Website: https://www.heico.com/

Victor Mendelson on LinkedIn: https://www.linkedin.com/in/victor-mendelson-6ba6807/

Ayna: https://www.ayna.ai/

Nidhi Arora on LinkedIn: https://www.linkedin.com/in/nidhi-arora-1672301b/

01 Nov 2022 Brian Ryks: The Future of Airports 00:37:28

Brian Ryks, Executive Director, and CEO of the Metropolitan Airports Commission (MAC), offers his firsthand view of the challenges airports face as they modernize infrastructure while meeting sudden shifts in passenger demand. Mr. Ryks lays out the current state of the aviation industry, the many opportunities to meet sustainability goals, his engagement with stakeholders to make airports customer centric, and reasons why he is optimistic about the future of airports and air travel.

Mr. Ryks has been working at airports since 1986, when he started his career with a position as noise technician. He was involved in the expansion of the Denver International Airport and then moved to his first job managing an airport, in Aberdeen, South Dakota. After managing airports in Duluth, Minnesota, and Grand Rapids, Michigan, he accepted his current position at the MAC, where he is responsible for the administration and management of the Minneapolis St. Paul International Airport and the MAC’s six reliever airports.

 

Discussion Points

  • Recent challenges—of which the COVID-19 pandemic was the most drastic—forced airports to live with uncertainty but also spurred a significant investment in technology and people.
  • The future of airports will involve innovation, data, and technology, including real-time management of passenger flows.
  • Sustainability is a key issue that airports, airlines, and their suppliers are addressing; the MAC, for example, has a goal to reduce carbon emissions by 80 percent by 2030.
  • Important sustainable technologies at airports include electrification of vehicles, renewable-energy generation, and sustainable aviation fuels, combined with efficiency solutions such as performance-based navigation.
  • Government support for infrastructure is broadly popular, but the CEO still needs to build trust with governments, local communities, and other stakeholders.
  • Along with infrastructure needs, airport management must meet other key challenges—for example, talent development and supply chain management—to ensure the best possible service.

Ayna Insights is brought to you by Ayna, the premiere advisory firm in the industrial technology space that provies transformation and consulting services to its clients. The host of this episode, Akshay Sethi is a President at Ayna. 

 

For More Information

Metropolitan Airports Commission website: https://metroairports.org/

Brian Ryks on LinkedIn: https://www.linkedin.com/in/brianryks/

Akshay Sethi on LinkedIn: https://www.linkedin.com/in/akshay-sethi-527a1a20/

Ayna: https://www.ayna.ai/ 

14 Feb 2023 Omar Asali: Driving Innovation & Sustainability in Industrial Technology 00:26:06

Omar Asali, Chairman and CEO of Ranpak, shares his viewpoints on the increasingly transformative role of technology in the industrial space. As head of Ranpak, a global leader in environmentally sustainable, protective packaging solutions, Mr. Asali is convinced that automation, digitization, robotics, and other enabling technologies will propel his and other large-scale industrial companies to provide higher-value, compelling, efficient and sustainable solutions for their customers.

Since 1972, Ranpak’s mission has been to deliver sustainable protective packaging solutions that reduce costs, reduce environmental impact and support global business needs. Omar Asali became CEO in 2019 and has leveraged his broad industry background into the often siloed industrial sector.  One of his primary focus areas is bringing the best talent and technology to Ranpak, bolstering its reputation as an innovative leader in sustainable industrial supply chain solutions. Prior to Ranpak, Mr. Asali was CEO and President of HRG Group and Vice Chairman of Spectrum Brands.

 

Discussion Points

  • The five-decade history of Ranpak highlights a consistent focus on both sustainability and automation / technology deployment.
  • The impact of transforming internal and external systems into an updated technological mentality can be challenging, but certainly not insurmountable, in an industrial complex, where digital is “non-native”
  • Ranpak is managing change by setting realistic timeline expectations and justifying the financial impact for customers.
  • Focusing on the “E” of ESG is critical for the next few decades, and imperative if we are to be true stewards of our earth, its climate and the environment.
  • Accessing talent in the Ranpak orbit includes partnering with smaller tech companies, investing strategically with VCs, along with incubating and retaining organic talent.

 

Ayna Insights is brought to you by Ayna.AI—a managed service provider that combines domain expertise and transformation capabilities to create alpha—performance superior to market indices—in the industrial and industrial technology sector. Ayna.AI is an affiliate of Fernweh. The host of this episode, Gaurav Batra, is President and CEO of Ayna.AI. Fernweh Group is an investment company that is adapting an engaged investor and operator model to create “segment of one” leaders in industrial and industrial technology sector.

 

For More Information

Omar Asali LinkedIn

Ranpak Website

Ayna.AI Website

Fernweh Group Website

15 Feb 2023 Chetan Dube: The Spring of AI - ChatGPT 00:35:46

Amelia.AI Founder and CEO Chetan Dube joins us again on the podcast, this time for a discussion of the meteoric rise of generative AI tool ChatGPT. Mr. Dube explains what ChatGPT can do well, and the scenarios in which you would not want to use it. He explains that even in the last 30 days, this tech has improved exponentially - with its open and free use enabling its data points and resources to increase and expand with lightning speed.

Chetan Dube is the founder of New York City-based AI company Amelia, a deterministic model AI whose conversational technology provides customer service for about 500 corporate clients, including Telefonica, BNP Paribas, and Nordic Bank.

 

Discussion Points

  • In the state of AI today, ChatGPT is the best generative AI product in the market.
  • ChatGPT does have its own strengths and shortcomings, but with its rise, the world now acknowledges that AI is “real”.
  • The brilliance of ChatGPT’s creative output is changing the game for certain industries that require massive and factual content creation, including reporting, legal writing, writing code, etc..
  • The generative AI of ChatGPT vs. the deterministic tech of Amelia - each serves a certain purpose but can be mutually beneficial.
  • The tech giants such as Google, Microsoft, etc and their uses for, and investments in, technology like ChatGPT
  • We are now in the “Spring of AI” and quickly moving into the Summer…signaling a surge in investing, use, awareness, and appreciation of the many applications of ChatGPT tech.

 

Ayna Insights is brought to you by Ayna, the premiere advisory firm in the industrial technology space that provies transformation and consulting services to its clients. The host of this episode, Nidhi Arora, is Vice-President at Ayna.

For More Information

Chetan Dube LinkedIn

Open AI - ChatGPT

Amelia.AI

Ayna Website

Fernweh Group Website

06 Mar 2023 Paul Reitz: Much More Than a ‘Stodgy Old Industry’ 00:35:06

In this episode, host Gaurav Batra welcomes Paul Reitz, President and CEO of Titan International, to discuss Titan’s unique niche in the industry and how a focus on the end-user drives their value creation in products and services around the globe. Mr. Reitz shares his journey at Titan’s helm and offers a wide-ranging discussion on several critical topics including business resiliency through challenging periods, talent acquisition and retention, Board makeup and management and the overall outlook for the agriculture and construction industries. 

Paul Reitz joined Titan International, a leading global supplier of off-the-road wheel and tire products, in 2010 as CFO. Prior to Titan, Paul was Chief Accounting Officer at Carmike Cinemas, with previous roles at Yellowbook USA and Deloitte & Touche.  Paul earned an MBA in Business Administration and Marketing from the University of Iowa.

 

Discussion Points

  • Titan offers a unique value proposition in a truly niche industry, while placing strong emphasis on connecting with their end customers as the pillar of the company’s strategy.
  • Titan remains bullish on the long-term growth potential of the agriculture and construction industries, despite today’s challenging economic dynamics.
  • A timely restructuring program in 2019 bolstered the company’s resiliency through the forthcoming COVID-19 pandemic and attendant global supply chain challenges.
  • Patience and a commitment to invest time and resources in due diligence are the hallmarks of a winning M&A strategy.
  • A diverse Board of Directors can be a meaningful tailwind for corporate decision-making.
  • Industrial companies are not “stodgy old places that run down” but rather are a shining example of where technological innovation can have a significant impact.
  • Successful talent acquisition and retention in the industrial sector requires identifying people who really buy into the company’s mission and objectives.

 

Ayna Insights is brought to you by Ayna, the premiere advisory firm in the industrial technology space that provies transformation and consulting services to its clients. The host of this episode is Gaurav Batra, is the President and CEO of Ayna 

For More Information

Paul Reitz LinkedIn

Titan International Website

Book: The Titanium Economy

Ayna.AI Website 

 

31 Mar 2023 Neil Chatterjee: The Future of Energy Through a Regulatory Lens 00:27:26

Neil Chatterjee, Senior Advisor at Hogan Lovells and Former Chairman and Commissioner of the Federal Energy Regulatory Commission (FERC) shares his views on the opportunities and challenges that both private and public sector stakeholders face in the drive toward increased decarbonization, including affordability, reliability and security. He shares his perspectives on the polarization and politicization that continues to hamper long-term energy investment strategies and the energy sector’s critical need for a new generation of dedicated public servants to drive future innovation.

Mr. Chatterjee is proud to have been the first Indian American chairperson of FERC and maintains a stellar reputation as a bipartisan operator with deep ties in Washington and across the industry. Prior to his tenure at the Commission, Neil served as an advisor to Sen. Mitch McConnell (R-KY), working on the passage of major energy legislation. Neil also has experience working as a principal in government relations for the National Rural Electric Cooperative Association. He began his career as a staff member on the House Committee on Ways and Means.

 

Discussion Points

  • As the energy landscape drives toward decarbonization, critical challenges include reliability, affordability, and security.
  • The US energy grid is the envy of the world, but no country is an island anymore. There are opportunities in the foreign policy space to engage and cooperate.
  • Maintaining affordability is one of the biggest challenges through the energy transition, especially amidst inflation and a slowing economy.
  • The federal government’s political polarization is paralyzing long-term investment planning and undermining cooperation when it’s needed most.
  • Competition and open markets should be driving innovation and one area that is ripe for innovation is long-duration energy storage.

 

Ayna Insights is brought to you by Ayna.AI—a managed service provider that combines domain expertise and transformation capabilities to create alpha—performance superior to market indices—in the industrial and industrial technology sector. Ayna.AI is an affiliate of Fernweh. The host of this episode, Gaurav Batra, is the President and CEO of Ayna.AI. Fernweh Group is an investment company that is adapting an engaged investor and operator model to create “segment of one” leaders in the industrial and industrial technology sector.

 

For More Information

Neil Chatterjee LinkedIn

FERC.gov

Book: The Titanium Economy

Ayna.AI Website

Fernweh Group Website

28 Apr 2023 Darron Ash: Leading a Differentiated Investment Platform 00:32:21

In this episode, host Nick Santhanam, CEO of Fernweh Group, welcomes Darron Ash, CEO of Sammons Enterprises and Sammons Industrial. The Sammons portfolio of companies includes businesses operating in financial services, industrial equipment, real estate investment and infrastructure across five countries. Darron shares his perspectives on the Sammons story, its unique approach to investing and partnering with companies, its singular focus on people and culture and how the firm is positioned for success in the coming decades.

Headquartered in Dallas, Texas, Sammons was established in 1938 and now is one of the largest privately held companies in the US, with approximately $7 billion in annual revenues and over $118 billion in assets. In 2022, Sammons placed 44th on the Largest Privately Held Companies in the US list. Darron has been with Sammons since 2006 and joined the company with 17 years of experience in the public accounting, private equity, consumer products manufacturing, and professional services industries.  He served as Chief Financial Officer for Sammons Enterprises for nine years prior to accepting the role of President and Chief Executive Officer for Sammons Industrial.  Darron has been a member of the Executive Committee and the Sammons Enterprises Board since 2015.

 

Discussion Points 

  • The Sammons value proposition centers on a long-term, partnership model of investing, without a pre-set exit plan, coupled with a strong focus on people and culture that allows for a decentralized management approach.
  • Across the firm’s five investment verticals, the firm primarily focuses on using organic growth to scale its operating businesses, with M&A deployed strategically for adjacent and tuck-in opportunities. 
  • Sammons prioritizes discipline and patience as it relates to capital allocation and capital management strategies, particularly through today’s volatile economic era characterized by high inflation and high interest rates.
  • Through the pandemic and its supply chain after-effects, the ability to pivot from equipment order sales to rentals enabled Sammons to drive customer value.
  • Deploying world-class, value-added technology like mobile e-commerce and utilization management into companies, even in the start-up phase, is a key tenet of accelerating business growth and profitability.
  • The right people, talent and culture are often the key enablers for long-run business success.

 

Ayna Insights is brought to you by Ayna, the premiere advisory firm in the industrial technology space that provides transformation and consulting services to its clients. The host of this episode, Nick Santhanam is the CEO of Fernweh Group.

 

For More Information

Darron Ash LinkedIn

Sammons Industrial

Book: The Titanium Economy

Ayna Website

12 Jun 2023 Christine (“Chris”) King: Breaking the Silicon Ceiling 00:23:46

Christine (“Chris”) King is an accomplished leader in the semiconductor industry who currently serves on Skyworks’ Board of Directors as the lead independent director and chair of its Compensation Committee.  Skyworks is $18B market cap semiconductor player empowering the wireless networking revolution.  Ms. King also serves as the co-chair of the Board of Directors for Henry Schein One, where she leads the company’s software and technology strategy and initiatives.  She also established and serves as chair of Henry Schein’s Technology Advisory Board.

Chris King’s career is a remarkable “rags to riches” story within the technology industry.  She was a 20-year-old single mother with a high school diploma in the 1970s, who would become the semiconductor industry’s first female CEO.  Leveraging her innate capabilities, passion, and grit, Ms. King earned associate and bachelor’s degrees in electrical engineering and began a career at IBM where she rose through the ranks and built multiple billion-dollar businesses before leaving IBM to be appointed President and CEO at AMI Semiconductor in 2001.  Following AMI Semiconductor’s successful sale to ON Semiconductor in 2008, Ms. King was appointed President and CEO of Standard Microsystems and subsequently Executive Chair of the Board of QLogic Corporation in 2015.  Over the course of her career, Ms. King has served on multiple Boards of Directors within and outside of the technology sector, including Allegro Micro, Analog Devices, Atheros, Cirrus Logic, Idaho Power, ON Semiconductor, and SMSC.

In addition to her corporate governance work, Chris keeps herself busy as a champion equestrian in the sport of cow cutting.  And we’re also very excited to hear that she has a forthcoming personal memoir slated for release later this year, tentatively entitled “Breaking the Silicon Ceiling” documenting her amazing journey.

 

Discussion Points 

  • The Skyworks technology connects “everyone everywhere” and is empowering the wireless network revolution of “always on” connectivity.
  • The semiconductor industry has demonstrated remarkable resiliency through significant global upheavals, through the pandemic and its after-effects. 
  • While the industry has diligently tracked Moore’s Law in terms of technology development, today the most important ingredient for success is having the right people – leading winning teams has always meant fostering great personal relationships built on trust.
  • The transformation of Standard Microsystems was driven by transparency in challenge recognition, rapid change to align to strategic priorities (e.g., consumer markets) and opportunistic M&A to add talent and capabilities.
  • Blazing a new trail in a male-dominated field often necessitated healthy “competition” with male counterparts, but ultimately results and value for customers and shareholders speak for themselves.
  • Advice for upcoming leaders in the industry – don’t be too quick to get into leadership, develop your technical skills first and be persistent – if you can’t go through, go around!

 

Ayna Insights is brought to you by Ayna.AI—a managed service provider that combines domain expertise and transformation capabilities to create alpha—performance superior to market indices—in the industrial and industrial technology sector. Ayna.AI is an affiliate of Fernweh Group. The host of this episode, Gaurav Batra, is the President & CEO of Ayna.AI. Fernweh Group is an investment company that is adapting an engaged investor and operator model to create “segment of one” leaders in the industrial and industrial technology sector.

 

For More Information

 Christine King LinkedIn

 

25 Jul 2023 Ameya Prabhu: Exploring India's Investment Potential 00:27:54

Gaurav Batra, CEO of Ayna.AI, welcomes Ameya Prabhu, Founder and Managing Partner of UAP Advisors and the Managing Director of NAFA Capital Advisors, Mumbai, India.  NAFA Capital Advisors is an India-focused integrated financial services platform with activities in investment management and corporate advisory. Ameya, designated "Young Global Leader" by the World Economic Forum, is also an author of "The Rock Babas and Other Stories," distributed by Amazon, and a trustee of Manav Sadhan Vikas Sanstha, an NGO for holistic human development.

In this episode, Ameya discusses building NAFA into a diversified investment platform with a focus on financial services and agriculture. He shares key investment tenets driving its success and offers an outlook on opportunities and challenges for the Indian economy. Finally, he also shares some pearls of wisdom from his book "The Rock Babas".

 

Discussion Points

  • Ameya's investment management success rooted in "old school" fundamentals: profitability, growth, and return on equity.
  • NAFA and UAP's success built on (a) focusing on profitable, cash flow generating businesses, (b) investing in innovation, and (c) providing a differentiated investment opportunity in a competitive marketplace.
  • NAFA's high-touch approach drives success in each subsidiary, deploying talent strategically to scale the platform.
  • Indian economic atmosphere optimistic with domestic demand growth and softening commodity prices, but challenges ahead include job creation with the rise of AI and infrastructure development.
  • Ameya's book, "The Rock Babas," shares compelling personal journeys of distinct characters evolving through trials and tribulations.
  • Entrepreneurship requires continuous learning, humility, and confidence in taking risks to achieve success.

 

Ayna Insights is brought to you by Ayna.AI—a managed service provider that combines domain expertise and transformation capabilities to create alpha—performance superior to market indices—in the industrial and industrial technology sector. Ayna.AI is an affiliate of Fernweh Group. The host of this episode, Gaurav Batra, is the President & CEO of Ayna.AI. Fernweh Group is an investment company that is adapting an engaged investor and operator model to create “segment of one” leaders in the industrial and industrial technology sector.

 

For More Information

Ameya Prabhu LinkedIn

Book: The Rock Babas 

Ameya Prabhu Website

NAFA 

Book: The Titanium Economy

Ayna.AI Website

Fernweh Group Website

08 Aug 2023 Stephen Smith: How Employee Empowerment Drives Success in Industrial Manufacturing 00:29:54

In this episode, host Gaurav Batra, President & CEO of Ayna welcomes Stephen Smith, Chairman, President & CEO of Amsted Industries, a diversified global manufacturer of industrial components. Operating since 1962, Amsted has 75 locations in 13 countries across 6 continents and is 100% employee owned. Steve joined Amsted in 2005 as Amsted Rail President, became General Counsel in 2007, and President & CEO in 2017. Previously, he was at GKN plc as General Counsel and President of shared services operations in North America from 1999 to 2005.

Steve shares his perspectives on Amsted's heritage, ownership culture, growth strategy, and innovation. He emphasizes employee empowerment, investing for growth, and optimizing talent and capital management for value creation.

 

Discussion Points

  • Amsted's 100% employee-owned model provides competitive advantages in strategic focus, talent acquisition, retention, and resilience through economic cycles. However, it also has its tradeoffs like any corporate organization.
  • Business growth in Amsted’s key end markets supported by robust macro tailwinds, including data center demand and industrial electrification towards eco-friendly technologies.
  • Amsted represents a winning example of the benefits of portfolio diversification and the conglomerate business strategy – tempering overall cyclicality and routinely beating performance benchmarks.
  • The Amsted management paradigm is based on driving authority and accountability down to the business unit level, which includes strategic M&A ideation and execution.
  • Successful corporate leadership boils down to finding and enabling the right people and deploying scarce capital for its most promising use.
  • Key technologies transforming Amsted’s businesses include additive manufacturing, vision systems using AI and various elements of factory automation.
  • Stephen Smith’s business leadership mantra is “leading by questioning” – thus enabling his management team to think independently and gaining their buy-in on key decisions.
  • The industrials sector is often underappreciated and misunderstood, requiring greater awareness, appreciation, and encouragement for investment.

 

Ayna Insights is brought to you by Ayna, the premiere advisory firm in the industrial technology space that provies transformation and consulting services to its clients. The host of this episode, Gaurav Batra, is the President & CEO of Ayna 

For More Information

Stephen Smith LinkedIn

Amsted Industries

Book: The Titanium Economy

Ayna Website

30 Oct 2023 Tricia Breeger: Redefining the Energy Landscape 00:25:48

Tricia Breeger, President and CEO of Mitsubishi Electric Power Products (MEPPI), brings her distinctive insights to the future of infrastructure, underscoring the pivotal role of cutting-edge technologies in advancing cleaner, more sustainable power generation. In this comprehensive discussion, Tricia delves into the complexities and opportunities within the energy transition landscape, shedding light on the rising demand for innovative technologies and sustainable storage solutions. She further explores MEPPI's integration of generative AI and Environmental, Social, and Governance (ESG) principles, a transformative strategy aimed at pushing the boundaries of technological innovation in the electric power industry.

With nearly two decades of experience, Tricia has progressed from a sales engineer to her current role, emphasizing customer-centricity, transparency, and continuous learning throughout her leadership journey. Her central mission is to position MEPPI as a frontrunner in shaping the infrastructure of tomorrow while guiding the company through the multifaceted challenges of the energy transition.

 

Discussion Points

  • MEPPI's role in advancing future infrastructure, focusing on leading the energy transition and addressing challenges in cleaner power generation.
  • The significance of a strong corporate purpose in attracting and retaining top talent, including a commitment to customer care, internal responsibilities, and employee support.
  • MEPPI’s active testing of AI's efficacy across its operations, recognizing generative AI as a competitive advantage.
  • MEPPI's adherence to Environmental, Social, and Governance (ESG) criteria, aiming to be a responsible facility owner, a good corporate citizen, and support greenhouse gas emission reductions for utility customers.
  • Tricia Breeger's leadership journey from sales engineer to MEPPI CEO, underscoring the value of embracing change, continuous learning, and mentorship in shaping her leadership style.
  • Tricia’s excitement about value creation in the infrastructure sector and her encouragement for professionals to explore technology companies as dynamic opportunities for impactful contributions.

 

Ayna Insights is brought to you by Ayna, the premiere advisory firm in the industrial technology space that provies transformation and consulting services to its clients. The host of this episode Gaurav Batra, is the President & CEO of Ayna.AI and co-author of the WSJ bestseller – The Titanium Economy.

 

For More Information

Tricia Breeger LinkedIn

MEPPI

Ayna.AI Website

Gaurav Batra on LinkedIn

Book: The Titanium Economy

 

22 Nov 2023 Bob Chapman: Inspiring Empathy Through Truly Human Leadership 00:37:20

What if managing employees wasn’t a responsibility, but a privilege? What if, before efficiencies and synergies, empathy was a driving force in leadership? In this episode, Connor Bradley speaks with Bob Chapman, Chairman and CEO of Barry-Wehmiller, a leader who transformed his company with a potent mix of strategy and culture, shaping a vision that breathes life and meaning into Barry-Wehmiller team members’ existence.

Bob Chapman is widely recognized as a transformative leader from the manufacturing industry. As CEO of Barry-Wehmiller, a global supplier of manufacturing technology and services, he has grown his company through a prolifically successful acquisition strategy. Chapman's deep understanding of leadership and his unique methods have made him a bestselling author and speaker. Chapman has successfully instilled a culture of empathy and purpose within Barry-Wehmiller, solidifying his position as a revolutionary in both business and leadership.

 

Discussion Points

  • Bob Chapman has transformed Barry-Wehmiller - providing employees with meaning and launching initiatives to share culture and leadership training.
  • How to address the "poverty of dignity" in organizations for overall well-being.
  • Connor and Bob discuss balanced business models, culture in leadership, and empathetic listening to create leaders.
  • Chapman shares his message of caring for others, teaching the skill of recognizing goodness, and navigating difficult decisions when culture and business conflict.
  • A discussion around sharing strategy and culture to lead business, encouraging listeners to apply same philosophy and share blessings.

Ayna Insights is brought to you by Ayna, the premiere advisory firm in the industrial technology space that provies transformation and consulting services to its clients. The host of this episode, Connor Bradley, is a former Senior Analyst at Ayna.

 

For More Information

Barry-Wehmiller

Truly Human Leadership Blog

Book: Everybody Matters

Chapman & Co.

Book: The Titanium Economy

Ayna's Website

Connor Bradley on LinkedIn

 

18 Dec 2023 Unlocking Industrial Growth: The Role of AI, Technology, and M&A 00:42:40

In this engaging episode of our Titanium Economy series, we welcome David Hunt, managing director and co-head of the industrials practice at Greenhill. He shares his rich expertise in advising industrial companies, particularly in the capital goods sector. Listen in as we navigate the complex landscape of the industrial sector and its subsectors, with an emphasis on capital goods and the adoption of technology. We dissect the current macroeconomic factors, such as higher inflation and rates, and their impact on the sector. Hunt sheds light on the shift from resource hoarding during the pandemic to growth-focused strategies, especially corporate acquisitions, offering a unique insight into the sector's evolution.

Mr. Hunt joined Greenhill in 2017. He principally advises clients in the capital goods, environmental services, and industrial technology sectors. Prior to joining Greenhill, David spent 20 years at UBS where he was a Managing Director and the Head of Investment Banking for Capital Goods. He began his career at Dillon Read before it was acquired by UBS. David holds a BS in Economics from The Wharton School of the University of Pennsylvania.

 

Discussion Points

  • Guest David Hunt explains how different factors shaped M&A activity have, highlighting a shift from hoarding resources during the pandemic to focusing on growth strategies, particularly corporate acquisitions.
  • The conversation moves to the evolution of multi-industrial companies and their shift from conglomerate models to more focused niche markets, delving into the importance of differentiation, mission criticality, end-market selection and the impact on investor returns.
  • David and Siddharth explore the landscape of M&A in the industrial sector, focusing on the components of a successful business system for a multi-industrial company.
  • A discussion around the importance of understanding the boundaries in M&A activities, the importance of realistic valuation, and competitive landscape analysis.
  • How industrial companies are handling the pace of technological disruption, especially with the rise of AI. The hosts discuss the importance of finding a micro niche that is the company's competitive differentiation and applying that both to organic and inorganic growth strategies.
  • Wrapping up, David Hunt provides an optimistic outlook for the industrial sector, citing the Infrastructure Act, the Chips Act, the IRA Act, and other multi-year trends.

Ayna Insights is brought to you by Ayna.AI—a managed service provider that combines domain expertise and transformation capabilities to create alpha—performance superior to market indices—in the industrial and industrial technology sector. The host of this episode, Siddarth Madhav, is President & Chief Strategy Officer of Fernweh Group. Fernweh Group is an investment company that is adapting an engaged investor and operator model to create “segment of one” leaders in the industrial and industrial technology sector.

 

For More Information

David Hunt LinkedIn

Greenhill

The Titanium Economy

Ayna's Website

18 Jan 2024 Kelly Ann Shaw: Navigating the Nexus of Trade Policy and National Security 00:28:52

Renowned trade expert Kelly Ann Shaw delves into global trade complexities, exploring the shift from goods-centric to a service-oriented global economy. She analyzes the impact of national security on trade policies and discusses disruptions caused by the COVID-19 pandemic. Shaw also addresses the evolution of trade ideologies from the Obama administration to the 2016 campaigns, providing insights into future trade challenges, geopolitical strategies, and the prospect of critical mineral acquisition and space mining.

Kelly Ann Shaw is a distinguished international trade and government relations figure, currently partners with Hogan Lovells and serves as an adjunct professor at Columbia Law School. Holding a senior advisory role at the Center for Strategic and International Studies, Shaw brings a wealth of experience as a former U.S. trade negotiator, deputy assistant to the President for International Economic Affairs, and deputy director of the National Economic Council. With a comprehensive background spanning the White House, U.S. trade representatives, U.S. Congress, and private practice, Shaw's expertise encompasses U.S. international trade, investment, and economic law. She has been recognized as one of Washington DC's 500 most influential people and has received numerous legal awards.

 

Discussion Points

  • Kelly Ann Shaw analyzes the transformation of trade policy from goods to a service-oriented global economy, emphasizing national security's impact on trade decisions and the pandemic's effects on international commerce and supply chains.
  • Shaw explores the trend toward regional trade agreements like TPP or CPTPP, termed "re-globalization," potentially impacting global economic growth and complicating supply chain management.
  • Addressing rising geopolitical tensions, especially between the US and China, Shaw discusses challenges in securing critical minerals for technology, proposing partnerships and mining strategies in Africa and exploration on celestial bodies like the Moon and Mars.
  • The discussion shifts to the evolution of US trade policy from Obama to the 2016 campaigns, highlighting a bipartisan move away from free trade ideology and a renewed emphasis on manufacturing and the industrial base.
  • Looking ahead, Shaw considers the upcoming US presidential election's potential impact on trade policies, offering strategic advice for business leaders to navigate changes, including forming trade 'clubs' among allies and moving away from a unified global trading system.

Ayna Insights is brought to you by Ayna, the premiere advisory firm in the industrial technology space that provies transformation and consulting services to its clients. The host of this episode, Connor Bradley, is a former Senior Analyst at Ayna

 

For More Information

Kelly Ann Shaw LinkedIn

Kelly Ann Shaw - Hogan Lovells

Ayna.AI Website

Connor Bradley Profile

01 Feb 2024 Giulia Siccardo: The Future of US Energy – Innovation and Investment 00:47:10

Ayna's CEO Guarav Batra speaks with Giulia Siccardo on the pressing issues of US infrastructure and manufacturing. Giulia is a Director at the US Department of Energy, and she sheds light on the department's strategic shift toward supporting large-scale energy technologies and their impact on the future of US manufacturing. She discusses the pivotal role played by recent legislation, like the Inflation Reduction Act and the Bipartisan Infrastructure Law, in fueling investments into clean energy projects ready for gigafactory scale production. This episode promises to give you an insider's view of how the DOE is responding to the changing economic landscape, helping companies navigate the complexities of large capital projects.

Giulia Siccardo is an experienced professional in the energy, automotive, and sustainability sectors. As the Director of the Department of Energy’s Office of Manufacturing & Energy Supply Chains, she is responsible for awarding government investments to strengthen and secure U.S. manufacturing capacity and workforce development, as well as administer the Defense Production Act for critical energy technologies. Her scope includes batteries, hydrogen, heat pumps, solar, transmission, and zero-emission materials, among other technologies. Siccardo was previously a Partner at McKinsey & Company and leader of McKinsey’s Green Growth service line. Born in California, Siccardo holds a dual B.A. in Economics and Environmental Studies from Dartmouth College and an MBA from Harvard Business School.

 

Discussion Points

  • Giulia Siccardo from the US Department of Energy discusses the energy revolution, focusing on large-scale technologies and recent clean energy legislation.
  • Giulia explains the DOE's strategy for enhancing manufacturing resilience, prioritizing investments based on supply chain vulnerabilities and long-term economic benefits.
  • Giulia highlights labor partnerships and DOE initiatives like advanced market commitments to boost emerging technologies.
  • A $50 million investment in a Tennessee materials company aims for lower-emission battery components and job creation in marginalized communities.
  • Giulia emphasizes diversity's role in fostering innovation within the DOE, reflecting on her career from McKinsey.
  • The podcast concludes with an overview of the DOE's efficient capital deployment for industrial innovation, urging engagement for a sustainable future.

 

Ayna Insights is brought to you by Ayna, the premiere advisory firm in the industrial technology space that provies transformation and consulting services to its clients. The host of this episode, Gaurav Batra, is the President & CEO of Ayna. 

 

For More Information

Giulia Siccardo

Ayna Website

04 Apr 2024 Mike Olosky: From Local Beginnings to Global Leader 00:32:49

In this episode we welcome Mike Olosky, CEO of Simpson Strong-Tie. He talks to Ninad Singh about his journey and underscores adaptability, customer relations, and comprehensive solutions as vital for success. With 14 years of global experience, Mike champions a growth mindset and people-centric culture to drive industry excellence.

As CEO of Simpson Strong-Tie, Mike Olosky leads the company with a clear vision of industry leadership through innovation and customer service. With over 20 years at Henkel, including roles as COO and Regional President, Mike's leadership, strategic investments, and embrace of technology have spurred Simpson Strong-Tie's growth amid economic challenges.

 

Discussion Points

  • Simpson Strong-Tie’s from modest beginnings to a $2 billion revenue leader in structural building products with success driven by robust customer relations, adaptability, and diverse product offerings.
  • Olosky's 14-year stint with Henkel in Asia provided valuable insights into electronic and automotive sectors and cultural diversity, shaping his leadership at Simpson Strong-Tie and fostering innovation.
  • Simpson Strong-Tie's commitment to a growth mindset, employee training, and adoption of emerging technologies like Mass Timber and digitization are driving forces behind their market outperformance and industry-leading construction standards.
  • The company's dedication to comprehensive customer solutions, leveraging digital tools such as CAD and software resources, positions them as pioneers in digital transformation within the construction industry.
  • Olosky’s emphasis on the significance of a people-centric culture, citing an impactful moment in Asia that reinforced his belief in empowering teams.

 

Ayna Insights is brought to you by Ayna.AI—a managed service provider that combines domain expertise and transformation capabilities to create alpha—performance superior to market indices—in the industrial and industrial technology sector. The host of this episode, Ninad Singh, is a Director at Ayna.

 

For More Information

Simpson Strong-Tie

Mike Oloskey LinkedIn

Book: The Titanium Economy

Ayna's Website

Ninad Singh LinkedIn

29 Apr 2024 Andy Mattes: A CEO's Blueprint for Leading and Transforming Industrial Powerhouses 00:36:44

Ayna.AI’s Ninad Singh speaks with Andy Mattes, a seasoned CEO with a wealth of experience in leading complex organizations such as Coherent Laser and Diebold. The conversation delves into the strategies and insights that Andy has garnered over the years, touching upon the challenges of mergers and acquisitions, financial stabilization, and the importance of setting ambitious yet achievable goals. With a focus on the intricate dynamics of industrial leadership and transformation, Andy offers a deep dive into the art of navigating a company through competitive markets and regulatory frameworks, revealing the executive-level decisions that drive growth and success within large corporations.

 

Andy Mattes is known for his impressive track record as the former CEO of Coherent, where he significantly increased operating margins and revenue between 2020 and 2022, culminating in the company's $7 billion sale to II-VI Incorporated. Prior to his tenure at Coherent, Andy led Diebold as its President and CEO, overseeing a period of robust growth including a 16% CAGR from 2013 to 2017 and the strategic $1.8 billion acquisition of Wincor-Nixdorf. His extensive background in managing companies that operate at the intersection of hardware, services, and software places him in a unique position to offer valuable insights into the complexities of steering industry-leading organizations toward transformative growth.

 

Discussion Points

  • Andy Mattes highlights Coherent's crucial role in producing OLED displays for smartphones, acknowledging the need for new growth strategies after equipment saturation.
  • Mattes discusses navigating acquisitions in diverse regulatory environments, balancing German takeover laws' fund certainty with varied U.S. shareholder approval thresholds and timelines.
  • Reflecting on Coherent's sale to II-IV Incorporated, Mattes underscores the importance of defining deal structures and the CEO's role in post-acquisition transitions.
  • Internal support is vital for successful transformations, as revealed by organizational health surveys at Coherent, providing actionable insights for strategic change.
  • Mattes advocates for adopting an activist or private equity mindset to identify ambitious yet achievable growth opportunities, setting challenging goals for companies.
  • Reflecting on career milestones, Mattes highlights lessons on financial management, including the impact of operational decisions on EPS and the critical role of cash flow in meeting payroll.

Ayna Insights is brought to you by Ayna, the premiere advisory firm in the industrial technology space that provies transformation and consulting services to its clients. The host of this episode, Ninad Singh, is a Director at Ayna.

 

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Andy Mattes LinkedIn

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Diebold

Book: The Titanium Economy

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20 May 2024 Ashutosh Garg: The AI Revolution in Talent Intelligence 00:28:00

Ashutosh Garg, the CEO of Eightfold discusses the transformative impact of artificial intelligence on talent management and workforce development. Ashutosh Garg offers his expertise on how AI is being utilized to not only identify skills within the workforce but also to foster an environment where learnability and career progression are prioritized. His approach is data-driven and outcome-focused, aiming to create a harmonious alignment between individual career goals and organizational needs, while also addressing the ethical implications of AI in talent acquisition and development.

Ashutosh Garg is the visionary CEO of Eightfold, an innovative company that leverages artificial intelligence in the realm of HR technology. Ashutosh’s journey began in India, leading him through an impressive academic career with a focus on machine learning, which included an undergraduate degree from IIT Delhi and a PhD from the University of Illinois at Urbana-Champaign. Before founding Eightfold, Garg co-founded Bloomreach and honed his skills at Google, where he spearheaded personalization efforts. With a deep-seated belief in maximizing human potential, Garg's background is a testament to his commitment to using technology to empower individuals in their careers.

 

Discussion Points

  • Ashutosh explores AI's impact on talent management, focusing on skill development and retention in industrial sectors, reducing turnover and hiring costs.
  • Reflecting on talent management's evolution, Ashutosh discusses startups' need for resilience, shifting from external hiring to internal development.
  • He shares his journey from India to Google and HR tech, emphasizing data-driven talent management and improving career opportunities.
  • Ashutosh addresses AI adoption in enterprises, focusing on solving broad problems amidst market volatility like the COVID-19 pandemic.
  • Eightfold's mission in utilizing AI for talent intelligence, focusing on industrial and manufacturing sectors.
  • Exploring AI's evolution and Eightfold's adaptation to industry changes over the past eight years.

Ayna Insights is brought to you by Ayna, the premiere advisory firm in the industrial technology space that provies transformation and consulting services to its clients. The host of this episode, Ninad Singh, is a Director at Ayna

 

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Ashutosh Garg LinkedIn

Eightfold.ai

Ayna Website

Ninad Singh LinkedIn

17 May 2024 Mark Behrman: Steering LSB Industries Through the Clean Energy Revolution 00:30:05

Guest Mark Behrman, CEO of LSB Industries, delves into the transformative realm of the chemical industry with Ayna's Nidhi Arora. The discussion focuses on the revolutionary impact of nitrogen chemicals in agriculture and industry, LSB's strategic initiatives for growth, and their pioneering role in the clean energy transition. Behrman shares insights on the potential of low-carbon ammonia production, strategic partnerships, and the challenges and opportunities that come with high-stakes investments in the evolving energy sector.

Mark Behrman, CEO and President of LSB Industries has an extensive background spanning corporate governance, executive management, and over 25 years of investment banking. His leadership has elevated LSB Industries, a key player in chemical products manufacturing, particularly focusing on nitrogen chemicals for various industries. Berman's journey has seen him rise through the ranks, demonstrating strategic prowess that has led LSB to focus on organic growth, reliability initiatives, and engaging in the energy transition through carbon capture projects and low-carbon ammonia production.

 

 

Discussion Points

  • LSB's engagement with nitrogen chemicals and their role in transition to clean energy, especially, the company's projects on carbon capture and low-carbon ammonia production.
  • The complexities of investing in the clean energy sector are explored, with a focus on the dynamics of setting selling prices for products like low-carbon ammonia and securing customer commitments.
  • LSB’s diversified market strategy, which allows flexibility and optimization of production across different industries, amidst changing agricultural needs.
  • Navigating global economic shifts to remain agile in the face of energy crises, food security issues, and geopolitical tensions like the Russia-Ukraine conflict.
  • Leadership's role in fostering innovation and guiding industrial growth as Behrman reflects on his experiences as both CEO and board member.
  • The importance of hiring the right people, empowering teams, and developing an entrepreneurial culture.
  • The resurgence of manufacturing in the United States is discussed, with attention to the trend of companies relocating production back to the U.S. due to favorable business conditions. Berman credits the nation's political and economic climate for facilitating this shift, which is reinforced by the recent policy incentives.

 

Ayna Insights is brought to you by Ayna, the premiere advisory firm in the industrial technology space that provies transformation and consulting services to its clients. The host of this episode,Nidhi Arora, is VP of Content & Marketing for Ayna.AI.

 

For More Information

LSB Industries Website

Mark Behrman on LinkedIn 

Book: The Titanium Economy

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04 Jun 2024 Kelly Janzen: The Evolving Role of the Modern CFO 00:33:10

In this episode, host Connor Bradley speaks with finance expert Kelly Janzen about the modern CFO role. Ms. Janzen has held leadership roles at GE Healthcare and Blue Links Corporation. She highlights the need for CFOs to possess skills beyond finance, including operations and change management. She shares her experience in leading a strategic pivot during the pandemic, emphasizing the role of an innovative Investor Relations program in boosting financial stability and shareholder value. Kelly also talks about the importance of effective capital allocation, tax, and legal considerations for successful M&A activities.

Kelly Janzen is a finance expert with an impressive track record, currently serving as Executive in Residence at Fernweh Group. With a foundation in technical accounting, Kelly has a career that spans prestigious companies such as GE Healthcare, Westrock, and BlueLinx Corporation. Her journey from public accounting to strategic leadership in finance has equipped her to handle complex M&A deals and transform financial strategies. Kelly’s approach to the modern CFO role includes broadening skill sets to include finance and operations, emphasizing the importance of adapting and engaging with challenging projects to excel in dynamic financial landscapes.

 

Discussion Points

  • Kelly Janzen's journey in the field of finance began with public accounting and moving up the ranks to hold Chief Financial Officer roles in various organizations.
  • During the global pandemic, Kellys team shifted its focus to maintaining a just-in-time inventory system and specializing in specific products.
  • A significant part of Kelly’s CFO role involves capital allocation and managing investor relations. Kelly shares her experiences hiring a consultant to work with banks and financial analysts and provides valuable insights on how to secure stock coverage.
  • Janzen emphasizes the need for finance teams to focus on return on investment (ROI) and risk assessments when allocating capital. By doing so, they can ensure that every investment made contributes to the business's overall growth and success.
  • Discussion on insights into the considerations that come into play during mergers and acquisitions. How tax rules and operational integration strategies are significant factors in these decisions.

 

Ayna Insights is brought to you by Ayna, the premiere advisory firm in the industrial technology space that provies transformation and consulting services to its clients. The host of this episode is Connor Bradley, an Associate at Ayna.  

For More Information

Kelly Janzen LinkedIn

Book: The Titanium Economy

Ayna's Website

Connor Bradley Profile

14 Oct 2024 Jon Herlocker: Revolutionizing Semiconductors Manufacturing with AI 00:29:50

In this episode, host Nidhi Arora explores the impact of AI in semiconductor manufacturing with Jon Herlocker, founder of Tignis, Inc. Jon shares his journey from leading a billion-dollar business unit to launching a startup that uses AI, machine learning, and physics to solve challenges like yield issues, high costs, and long time-to-market for new materials. He also offers insights into innovation and securing venture capital.

 

Jon Herlocker, a former computer science professor, has a strong entrepreneurial background, founding Pi Corporation in 2006 and managing a $1.2 billion business unit at VMware. His current venture, Tignis, reflects his drive to transform industrial processes using advanced technologies.

 

Discussion Points

  • Jon shares his shift from cloud management to using AI in semiconductor manufacturing, with Tignis improving yield, reducing costs, and speeding up material development.
  • Jon explains founding Tignis, inspired by cloud automation principles, to address semiconductor yield, cost, and time-to-market challenges with AI-powered solutions.
  • Tignis refocused on semiconductor manufacturing due to its high potential and technical demands, after initially targeting broader industries.
  • Jon stresses securing a first buyer before product development and Tignis' shift from serving equipment makers to directly addressing manufacturers' needs.
  • He discusses raising venture capital, leveraging past successes to minimize risks and ensure product-market fit.
  • Jon highlights the importance of passion and perseverance in overcoming personal and technical challenges in complex industries.
  • He explores AI's future in industrial settings, including generative AI's potential and the need for an AI-ready data infrastructure in conservative sectors like semiconductors.

 

Ayna Insights is brought to you by Ayna, the premiere advisory and implementation firm in the industrial technology space that provides transformation and consulting services to its clients. The host of this episode, Nidhi Arora, is VP of Content & Marketing at Ayna The host of this episode, Nidhi Arora, is VP of Business Development & Marketing at Ayna

 

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Jon Herlocker LinkedIn

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24 Jun 2024 Tom Ferguson: Growth, Innovation, and the Future of Coated Metals Industry 00:19:05

Tom Ferguson, the President and CEO of AZZ Inc chats with Connor Bradley in this episode. Tom shares his insights on AZZ’s role in the infrastructure and construction sectors, driven by the data center market boom. The conversation also explores AZZ's strategic growth, including the 2022 acquisition of Precoat Metals, the impact of the IIJA and CHIPS Act, and innovations in metal manufacturing.

Tom has been at the helm for over a decade, and has propelled the company to prominence in the hot-dip galvanizing and coil-coating industry. Before AZZ, Tom spent nearly 25 years at FlowServe, where he held multiple leadership roles. Under his guidance, AZZ has seen substantial growth, including the strategic acquisition of Precoat Metals and a smooth CFO transition. Tom's expertise has been pivotal in driving AZZ's success in the infrastructure and construction sectors.

 

Discussion Points

  • Tom Ferguson discusses his journey as CEO of AZZ Inc., highlighting the company's growth and strategic innovations in the galvanizing and coil-coating market.
  • AZZ's CFO transition plan emphasizes leveraging internal talent for smooth leadership changes.
  • The 2022 acquisition of Precoat Metals has strengthened AZZ's market position and growth.
  • Prepainted metal's rising importance in construction and AZZ's expansion in distribution and data centers show innovation and growth.
  • The discussion covers infrastructure investments from the IIJA and CHIPS Act, focusing on integrating these with existing systems for better efficiency.

Ayna Insights is brought to you by Ayna.AI—a managed service provider that combines domain expertise and transformation capabilities to create alpha—performance superior to market indices—in the industrial and industrial technology sector. The host of this episode, Connor Bradley, is an Associate at Ayna.AI.

 

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Tom Ferguson LinkedIn

AZZ

Titanium Economy Website 

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Connor Bradley LinkedIn

25 Jun 2024 Alex Ratner: Accelerating AI with Programmatic Data Labeling 00:37:44

Ninad Singh, Director at Ayna.AI, interviews Alex Ratner, CEO of Snorkel AI. They discuss programmatic data labeling, automated annotation, and AI customization. Alex highlights Snorkel AI's transformative role in AI development, scaling startups, and improving performance through specialized data solutions. Snorkel AI aims to revolutionize AI training and development, making it more efficient and tailored to business needs.

Alex Ratner is the CEO of Snorkel AI, a pioneering company that transforms AI development by programmatically labeling and curating data. With a PhD from Stanford, where the Snorkel project began, and a physics degree from Harvard, Alex blends deep technical expertise with practical experience in finance and consulting. Under his leadership, Snorkel AI has raised $135 million, serving diverse industries like banking and government. His unique skills and strategic insights make him a key figure in the AI space.

 

Discussion Points

  • How programmatic data labeling speeds up AI development, emphasizing models, infrastructure, and quality data, with significant impacts in banking.
  • Transforming general AI models into specialized tools through post-training, fine-tuning, and advanced hardware integration, highlighting the importance of customization in enterprise AI.
  • Emphasizing the crucial role of high-quality data labeling and tuning for reliable AI, especially with large language models.
  • Alex discusses moving from prototyping to scaling, stressing efficient data labeling interfaces to speed up AI development and tackling challenges in manual data labeling.
  • Changes in programmatic data labeling since Snorkel's start, noting the importance of fundamental labeling and tuning techniques despite advancements in large language models to meet enterprise needs.

 

Ayna Insights is brought to you by Ayna, the premiere advisory firm in the industrial technology space that provies transformation and consulting services to its clients. The host of this episode,, Ninad Singh, is a Director at Ayna.AI.

 

For More Information

Alex Ratner LinkedIn

Snorkel AI

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Ninad Singh LinkedIn

15 Jul 2024 Sara O'Rourke: Rebuilding America's Semiconductor Industry 00:25:06

In this episode of the Titanium Economy podcast series hosted by Nidhi Arora of Ayna.AI, Sara O'Rourke, Chief of Staff and Head of Operations for the CHIPS Investment Office, provides an in-depth analysis of the CHIPS and Science Act of 2022. Sara discusses the pivotal role of semiconductors in America's economic and national security and outlines the innovative strategies of the CHIPS program, which manages over $50 billion in federal investment to revitalize U.S. semiconductor manufacturing.

Sara O’Rourke began her career with impactful work in education and women's economic empowerment in the Middle East, leading her to address significant challenges. At McKinsey, she spent nearly a decade driving financial and operational transformations for businesses and government agencies, co-founding the Center for Reinvesting in America to leverage federal investments in infrastructure, clean energy, and technology. Sara holds a bachelor's degree in social studies from Harvard and a master's in international affairs and finance from Johns Hopkins.

 

Discussion Points

  • Sara discusses the CHIPS and Science Act of 2022, focusing on its impact on the U.S. semiconductor industry and the program's unique team approach to maximize federal investment.
  • Investments in the semiconductor supply chain include major deals like Intel and Brookfield, and investments in companies such as Micron, Intel, TSMC, and Samsung.
  • The CHIPS office is also supporting companies like Global Foundries and Microchip, and projects like advanced packaging with Lipsalix.
  • The CHIPS office targets 20% leading-edge production in the U.S., emphasizing job creation and workforce challenges.
  • The program follows milestone-based funding and private capital to encourage larger investments in semiconductor manufacturing.
  • The CHIPS office's collaborative approach integrates policy experts, industry veterans, and intelligence professionals to advance U.S. semiconductor capabilities.

Ayna Insights is brought to you by Ayna, the premiere advisory firm in the industrial technology space that provies transformation and consulting services to its clients. The host of this episode, Nidhi Arora, is VP of Content & Marketing at Ayna

 

For More Information

Sara O’Rourke LinkedIn

Titanium Economy Website 

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29 Jul 2024 Mark Sheahan: Graco – A century of legacy and innovation 00:26:01

What does it take to stay ahead in the competitive industrial sector for nearly a century? In this episode Nidhi Arora welcomes Mark Sheahan, CEO of Graco, to discuss the company’s journey of innovation and resilience in the industrial sector. He shares insights on Graco's pioneering work in the automotive industry and the critical role of precision engineering in handling new materials. He emphasizes the importance of niche markets and continuous innovation to maintain a competitive edge.

 

Mark has been with the company for nearly 30 years, holding various leadership roles before becoming CEO in June 2021. His career includes positions such as Chief Financial Officer, Vice President, and General Manager of the Applied Fluid Technologies Division, and Chief Administrative Officer. Prior to joining Graco, Mark was a Senior Tax Manager at KPMG. He holds degrees in Business and Law, bringing a wealth of expertise to his long-time role at Graco.

 

Discussion Points

  • Innovation and Solutions: Graco innovates to solve complex manufacturing problems, enhancing productivity, quality, and cost-efficiency.
  • Competitive Edge: Graco targets niche markets and emphasizes innovation, delivering high-quality, precise, customer-centric solutions.
  • Automotive Involvement: Graco develops solutions for new materials and applications, including EV battery manufacturing.
  • Risk Management: Graco maintains zero tolerance in risk management, focusing on cybersecurity, supply chain resilience, and regulatory compliance.
  • COVID-19 Response: Graco balanced flexible work and family-oriented culture while adapting to supply chain disruptions and market changes.
  • AI and Analytics: AI and data analytics enhance Graco's customer service and marketing, improving customer processes and decision-making.

 

Ayna Insights is brought to you by Ayna.AI—a managed service provider that combines domain expertise and transformation capabilities to create alpha—performance superior to market indices—in the industrial and industrial technology sector. The host of this episode, Nidhi Arora, is VP of Content & Marketing for Ayna.AI.

 

For More Information

Mark Sheahan LinkedIn

Graco

The Titanium Economy

Ayna's Website

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31 Jul 2024 Adam Earle: IVR to Intelligent Conversations – AI in Customer Service 00:25:34

Can revolutionary AI voice solutions transform the way enterprises handle customer service and outbound communication?

In this episode, Nidhi Arora welcomes Adam Earle of Tenyx. Adam shares Tenyx's journey in leveraging large language models to create natural and intelligent conversations, significantly enhancing customer interactions across various sectors such as hospitality, travel, financial services, and healthcare. He discusses the evolution from outdated IVR systems to sophisticated AI experiences, providing practical advice for companies looking to adopt this technology.

Adam Earle, CTO of Tenyx, is a leading AI and machine learning expert, formerly a Senior Director at IBM and CTO at MCD Tech Labs. He holds a PhD in Computational and Applied Mathematics and completed Stanford's Executive Education Program. At Tenyx, he leads the development of advanced voice solutions using large language models to improve customer service and communication in sectors like hospitality, travel, finance, and healthcare.

 

Discussion Points

  • Adam discusses the company's development and innovations in creating advanced voice solutions for enterprise applications.
  • Tenyx AI's technology is gaining traction in hospitality, travel, and financial services, offering adaptable solutions to enhance customer interactions.
  • Adam highlights his extensive experience in machine learning, speech technology, and natural language processing before joining Tenyx AI.
  • He explains the shift from outdated IVR systems to sophisticated AI-powered voice experiences, improving customer satisfaction and operational efficiency.
  • Adam offers strategic advice for integrating advanced language models into customer service, emphasizing addressing real concerns and achieving tangible results.
  • Tenyx AI focuses on continuous research and open-source contributions, aiming to solve issues like domain alignment and fine-tuning large models for optimal performance.

 

Ayna Insights is brought to you by Ayna, the premiere advisory firm in the industrial technology space that provies transformation and consulting services to its clients. The host of this episode, Nidhi Arora, is VP of Content & Marketing at Ayna

 

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Adam Earle LinkedIn

Tenyx

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22 Aug 2024 Antti Karjalainen: AI Agents for Enterprise Automation 00:20:28


Nidhi Arora interviews Antti Karjalainen, co-founder of Sema4.ai, on AI's transformative role in enterprise automation. Antti explains how Sema4.ai leverages intelligent AI agents to automate business processes like compliance, finance, HR, customer service and more, highlighting the importance of open-source technology in making AI more accessible. He also reflects on his entrepreneurial journey, offering advice on the contrasts between service-oriented and product-based businesses, and emphasizing the value of passion, risk-taking, and continuous learning.

 


Discussion Points

  • Sema4.ai is redefining business processes with AI agents, using generative AI to improve customer support, internal operations, and compliance.
  • AI's transformative impact is shown through automating document processing and financial workflows, with open-source technology democratizing AI.
  • Antti discusses the evolving AI industry, the benefits and challenges of open-source collaboration, and his journey from engineer to serial entrepreneur.
  • Open-source technology is key to AI innovation, with Sema4.ai leveraging it to accelerate development and enhance capabilities.
  • Antti contrasts his experiences of founding a consulting firm with building a product-focused, VC-backed company like Robocorp.
  • Antti predicts a formative year for AI agents, expecting significant advancements and value creation in enterprise productivity.

 

Ayna Insights is brought to you by Ayna, the premiere advisory and implementation firm in the industrial technology space that provides transformation and consulting services to its clients. The host of this episode, Nidhi Arora, is VP of Content & Marketing at Ayna

 

For More Information

Antti Karjalainen LinkedIn

Sema4

Ayna's Website

Nidhi Arora LinkedIn

16 Aug 2024 John Dyck: CESMII’s Role in Transforming Manufacturing 00:25:38

How can smart manufacturing revolutionize the U.S. industrial landscape, especially for smaller manufacturers struggling with a digital divide? In this Titanium Economy episode, John Dyck, CEO of the Clean Energy Smart Manufacturing Innovation Institute (CESMII), shares his deep expertise in manufacturing, automation, and software. He's dedicated to reducing technical debt and promoting smart manufacturing technologies to boost U.S. manufacturing's competitiveness and sustainability.

John brings extensive experience from his roles at Rockwell Automation, GE, and Mesa's board, where he tackled manufacturing complexities and technical challenges. At Rockwell, he advanced automation solutions, while at GE, he led data analytics and IoT initiatives. As CEO of CESMII since 2018, John is recognized globally for his insights into technology and business management.

Discussion Points

  • John Dyck highlights CESMII's mission to boost U.S. manufacturing by reducing costs and complexity, especially for small manufacturers.
  • CESMII's strategies include workforce development, technological methodologies, and a collaborative ecosystem to make smart manufacturing accessible and address technical debt.
  • CESMII fosters collaboration across the manufacturing sector, utilizing federal mandates and partnerships with institutions like UCLA.
  • The discussion covers CESMII's future role, focusing on influencing policymakers, being a key voice in manufacturing, and strengthening U.S. manufacturing through strategic collaboration.

 

Ayna Insights is brought to you by Ayna, the premiere advisory and implementation firm in the industrial technology space that provides transformation and consulting services to its clients. The host of this episode, Nidhi Arora, is VP of Content & Marketing at Ayna. 

For More Information

John Dyck LinkedIn

CESMII

Titanium Economy

Ayna.AI Website

Nidhi Arora LinkedIn

03 Sep 2024 John Belizaire: A Blueprint for Renewable Computing 00:28:48

Curious about how modular, scalable data centers can revolutionize both the computing and renewable energy industries?

Join Nidhi Arora as she chats with John Belizaire, CEO of Soluna Holdings, about converting excess renewable energy into computing power. John details how Soluna’s modular, scalable green data centers at renewable power plants use unique strategies to utilize wasted energy. He also addresses challenges like supply chain and site approval, and his vision for a future where renewable energy and computing merge into “renewable computing.”

John Belizaire, CEO of Soluna Holdings, is a seasoned tech entrepreneur who has founded startups like FirstBest and Theory Center and contributed to Intel’s digital growth. At Soluna, he leads efforts to turn excess renewable energy into computing power with modular, scalable data centers for Bitcoin mining, AI, and research. His innovative approach aims to integrate renewable energy with computing, driving global sustainable tech advancements.


Discussion Points

  • John Belizaire, CEO of Soluna Holdings, explains how their mission is to transform excess renewable energy into computing power using modular, scalable green data centers.
  • Soluna’s behind-the-meter co-location strategy places data centers at renewable power plants, optimizing the use of intermittent energy and cutting waste.
  • Soluna has expanded from small R&D setups to partnerships with major Bitcoin miners. Their focus on customer service and educating stakeholders on renewable computing helps widen market acceptance.
  • Supply chain and site approval challenges are addressed through Soluna's strategic expansion plan, ensuring smooth growth.
  • John envisions a future where renewable energy and computing merge into "renewable computing," reshaping both sectors and promoting sustainability. Soluna’s innovations highlight their commitment to making this vision a reality.

 

Ayna Insights is brought to you by Ayna, the premiere advisory firm in the industrial technology space that provides transformation and consulting services to its clients. The host of this episode—Nidhi Arora—is Vice President of Business Development and Marketing at Ayna

 

For More Information

John Belizaire LinkedIn

Soluna

Ayna's Website

Nidhi Arora LinkedIn

11 Sep 2024 Lior Ron: Pioneering a New Era in End-to-End Logistics 00:40:31

Wondering about the future of emerging technology in logistics? Where do autonomous trucks and AI come into play?

Gaurav Batra, President and CEO of Ayna, speaks with Lior Ron, founder and CEO of Uber Freight, about the transformative power of technology on logistics. Lior shares how Uber Freight's digital-first approach uses advanced data science and vast shipper and carrier networks to streamline supply chains, enhance efficiency, and boost sustainability. He addresses key challenges with fragmentation and market transparency issues and highlights Uber Freight’s scalable tech-driven solutions and international footprint, including North America and the EU.

Lior Ron, with over 20 years of expertise in tech-driven solutions, has an impressive background including key roles at Google Maps and Motorola Mobility. As the leader of Uber Freight, he and the team are powering intelligent logistics, leveraging a suite of end-to-end logistics applications, managed services and an expansive carrier network to move the world’s goods.


Discussion Points

  • Uber Freight's focus on modernizing supply chain and how it leverages advanced data science.
  • Solving customer pain points with technology and empowering customers with data
  • Tackling industry fragmentation, eliminating empty miles, and elevating sustainability through a combination of innovative tools and industry expertise.
  • Transforming traditional industries by collaborating with innovative people and partners, utilizing emerging tech, and building solid data foundations
  • Uber Freight’s position as a transformative partner, leveraging tech and talent to optimize supply chains and expand its geological footprint.

Ayna Insights is brought to you by Ayna, the premiere advisory and implementation firm in the industrial technology space that provides transformation and consulting services to its clients. The host of this episode, Guarav Batra, is the President & CEO of Ayna

 

For More Information

Lior Ron LinkedIn

Uber Freight

Titanium Economy

Gaurav Batra LinkedIn   

Ayna Website

18 Sep 2024 Shailesh Upreti: C4V’s Gigafactory Innovations 00:23:03

Discover how AI and Industrial IoT are transforming battery manufacturing—could these technologies be the key to achieving higher production yields and quality control?
In this episode, Nidhi Arora interviews Shailesh Upreti, founder and CEO of C4V, a leading lithium-ion battery company. They explore C4V's unique franchise-style gigafactory model in emerging markets like India and South America, along with innovations like cobalt- and nickel-free high-voltage phosphate chemistry and the Lyser platform. Shailesh also shares his inspiring journey from India to running IM3NY in New York.

With a strong chemistry background and collaboration with Nobel laureate Stan Whittingham, Shailesh has positioned C4V at the forefront of battery technology. The company uses AI and Industrial IoT to launch gigafactories in emerging markets, focusing on quality control and efficiency.


Discussion Points

  • Shailesh Upreti, fexplains how their franchise-like business model empowers local partners to deploy gigafactories in emerging markets with a robust supply chain.
  • Building a $2 billion battery factory is complex, but modular plant designs help prevent obsolescence by allowing seamless integration of new innovations and chemistries.
  • AI and Industrial IoT are transforming battery manufacturing, with tools like Digital DNA enhancing automation, quality control, and production yields through data science.
  • Shailesh reflects on his journey from India to New York, studying with top scientists and founding C4V, showcasing his dedication to sustainable energy solutions.
  • Lithium-ion batteries will remain dominant for decades, expanding across sectors like transportation and electronics due to their affordability and customization potential.

Ayna Insights is brought to you by Ayna, the premiere advisory firm in the industrial technology space that provides transformation and consulting services to its clients. The host of this episode, Nidhi Arora, is VP of Content & Marketing for Ayna. The host of this episode, Nidhi Arora, is VP of Business Development & Marketing for Ayna

 

For More Information

Shailesh Upreti LinkedIn

C4V

Ayna Website

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30 Sep 2024 Lee McChesney: MSA Safety – Pioneering Protective Solutions 00:34:57

How did MSA Safety's collaboration with Thomas Edison over a century ago pave the way for groundbreaking innovations in worker protection today?

In this episode, Gaurav Batra talks with Lee McChesney, SVP & CFO of MSA Safety. Lee shares the 110-year journey of MSA, highlighting its shift from a product-focused to a solutions-driven company. He also discusses how technology, AI, and industry megatrends are helping MSA protect 40 million workers annually.

Lee McChesney, SVP and CFO of MSA Safety, has nearly 30 years of experience in finance and leadership. Since joining MSA in 2022, he has applied his strategic expertise from previous roles at Stanley Black & Decker and United Technologies to drive value creation and operational success.

Discussion Points

  • Lee relates MSA Safety's 110-year legacy and mission, highlighting the company's focus areas: detection systems, fire services, and industrial PPE
  • Technological innovations and leadership under CEO Steve Blanco have fortified MSA's mission
  • Lee discusses the shift from a product-centric to a solutions-centric approach, leveraging AI and industry megatrends
  • He shares insights from his career in finance and leadership. Diverse experiences, forward-thinking, and continuous evolution are what drive sustained growth
  • Successful M&A requires disciplined strategy, thorough diligence, and core business stability. Integration and execution must involve the same teams to ensure cohesive outcomes

Ayna Insights is brought to you by Ayna, the premiere advisory firm in the industrial technology space that provides transformation and consulting services to its clients. The host of this episode, Gaurav Batra, is the President & CEO of Ayna

 

For More Information

Lee McChesney LinkedIn

MSA

Titanium Economy

Gaurav Batra LinkedIn

Ayna's Website

23 Oct 2024 Smart Kitchen Tech: Almond Cow's Plant-Based Milk 00:22:03

Ever wondered how you can make your own plant-based milk at home while drastically reducing packaging waste?

In this episode, Ayna’s Marissa Rietman speaks with Brett Goodson, Founder & CEO of Almond Cow, about their groundbreaking approach to plant-based milk production. Brett shares how Almond Cow empowers consumers to make milk at home, cutting out traditional supply chains and reducing packaging waste, offering a glimpse into the future of sustainability in the plant-based movement.

 

Brett, with a background in automotive engineering and an MBA from Georgia Tech, founded Almond Cow to revolutionize plant-based milk. He discusses his commitment to zero-waste initiatives, recyclable packaging, and using technology to drive sustainability.

 

Discussion Points

  • How Almond Cow works: empowering consumers to make plant-based milk at home, cutting out supply chains, reducing packaging waste, and offering many benefits.
  • Almond Cow’s commitment to sustainability: using recyclable packaging and minimizing environmental impact through zero-waste practices.
  • Future of plant-based milk: Brett highlights the benefits of homemade milk, including customization and avoiding additives, empowering consumers to tailor blends to their needs.
  • Brett’s background and journey: from automotive development to leading Almond Cow, overcoming challenges with a successful Kickstarter and finding market fit.
  • Leadership insights: navigating the competitive food industry through clear role allocation and leveraging technology to enhance sustainability and efficiency.
  • Innovation in food tech: Almond Cow's use of wet emulsification and fluid science modeling drives their product’s development and sustainability goals.
  • Consumer education: Brett emphasizes the importance of raising awareness about plant-based milk’s benefits and environmental impact, engaging customers to make informed choices.

 

Ayna Insights is brought to you by Ayna, the premiere advisory firm in the industrial technology space that provides transformation and consulting services to its clients. The host of this episode Marissa Rietman, is a Director at Ayna

 

For More Information

Brett Goodson LinkedIn

Almond Cow

Ayna's Website

Marissa Rietman LinkedIn

15 Oct 2024 Dipti Vachani: AI and Semiconductors – Driving the Future of Automotive 00:27:13

How is AI transforming the automotive industry, and what role do semiconductors play in this revolution?
In this episode, Nidhi Arora, VP of Business Development & Marketing at Ayna, speaks with Dipti Vachani, SVP and GM of Automotive at Arm, about the transformative role of AI and semiconductor tech in the automotive industry. Dipti shares how the low-power compute technology of Arm, originally developed for mobile phones, has revolutionized automotive, infrastructure, and IoT. She also highlights key partnerships across the automotive supply chain that are driving innovation in autonomous driving and vehicle safety.

 

Dipti Vachani is the senior vice president and general manager for the Automotive Line of Business at Arm. She previously held key roles at Texas Instruments and Intel, focusing on embedded computing solutions and low-power technologies that power modern tech. Dipti is also committed to empowering the next generation of women in tech.

 

Discussion Points

  • Dipti Vachani discusses how Arm expanded from low-power computing in mobile phones to transforming industries like automotive, enabling advancements in autonomous driving and safety.
  • Strategic partnerships are highlighted as key to driving innovation and maintaining Arm’s leadership in semiconductors.
  • Dipti explains how AI is reshaping OEMs, tier-one suppliers, and semiconductor companies, revolutionizing data collection, simulation, and healthcare.
  • Dipti shares her career journey from India to Arm, emphasizing her commitment to supporting women in tech.
  • The strategic evolution of Arm over the last 30 years and its direction under CEO Rene Haas are discussed.
  • Dipti offers insights on the future of AI, stressing the need for low-power technology to support sustainable AI growth and its broader industry impact.

 

Ayna Insights is brought to you by Ayna.AI, a managed service provider that combines domain expertise and transformation capabilities to create alpha-performance superior to market indices, in the industrial and industrial technology sector. The host of this episode, Nidhi Arora, is VP of Business Development & Marketing at Ayna.

 

For More Information

Dipti Vachani LinkedIn

Arm

Titanium Economy

Ayna.AI Website

Nidhi Arora LinkedIn

28 Oct 2024 Dr. Howard Grimes: The CyManII Cybersecurity Advantage 00:30:53

How can transforming cybersecurity from a cost center into a strategic profit booster revolutionize the U.S. manufacturing industry?

In this episode of The Titanium Economy, Nidhi Arora talks with Dr. Howard Grimes, CEO of CyManII, about transforming cybersecurity from a manufacturing cost center into a profit driver. Dr. Grimes highlights the need for cybersecurity innovations that boost energy efficiency and cut production costs. He discusses the vulnerabilities in digitized manufacturing and CyManII's role in protecting the U.S. sector from cyber threats, especially from nation-state actors. CyManII’s projects are geared toward securing the "titanium economy" and strengthening both national and economic security.

Dr. Howard Grimes leads CyManII, a U.S. Department of Energy-funded institute focused on cybersecurity in manufacturing. With 25+ years in research program leadership, Dr. Grimes has held key roles at institutions like UT San Antonio and Idaho National Laboratory. His work at CyManII aims to make cybersecurity a strategic advantage, enhance energy efficiency, and defend U.S. manufacturing against modern cyber threats.

 

Discussion Points

  • Cybersecurity-Manufacturing Intersection: Highlights the critical risks in digitized manufacturing and the need for innovative defenses.
  • From Academia to National Security: Dr. Grimes discusses his path to CyManII, emphasizing partnerships and expert teams aimed at manufacturing cybersecurity.
  • CyManII's Cutting-Edge Projects: Showcases groundbreaking initiatives in cybersecurity, stressing collaboration and tech advancements for resilient manufacturing.
  • Transforming Cybersecurity into Advantage: CyManII links cybersecurity to energy efficiency, showing how it can become a strategic economic benefit for manufacturers.
  • Building Alliances for Security: Strategic alliances with industry, academia, and labs create a robust ecosystem to tackle manufacturing cyber threats.
  • Future Vision for Secure Manufacturing: Dr. Grimes envisions manufacturing and cybersecurity as inseparable, vital to a resilient national economy.

Ayna Insights is brought to you by Ayna, the premiere advisory firm in the industrial technology space that provides transformation and consulting services to its clients. The host of this episode, Nidhi Arora, is VP of Content & Marketing for Ayna

 

For More Information

Howard Grimes LinkedIn

CyManII

Titanium Economy

Ayna.AI Website

Nidhi Arora LinkedIn

04 Nov 2024 Vibhanshu Abhishek: Generative AI's Game Changing Impact on Sales and Support 00:23:26

How is Alltius’s generative AI platform revolutionizing marketing, sales, and support functions?

In this Ayna Insights episode, host Nidhi Arora speaks with Vibhanshu Abhishek, CEO of Alltius and associate professor at UC-Irvine. Vibhanshu shares insights from his 25-year journey in AI, highlighting Alltius’s AI-first approach to breaking down silos in marketing, sales, and support for industries like insurance and banking. He also discusses AI’s evolving role across sectors and its societal impact.

Vibhanshu is a data scientist and professor who combines analytics with business strategy to solve challenges in multi-channel advertising and consumer healthcare. He advises Fortune 500 companies and startups on data strategies, fostering innovative AI and ML applications.

 

Discussion Points

  • Vibhanshu discusses his journey in creating a generative AI platform for enhancing sales and support, and what sets Alltius apart in the AI landscape
  • He highlights the adaptability of their platform, customer feedback loops, and potential AI applications in industrial sectors
  • Vibhanshu shares success stories from AngelOne and Prudential to show AI’s impact on efficiency, cost reduction, and sales. AI’s role in predictive maintenance demonstrates its value in complex industries like oil and gas
  • Overview of AI’s growth over 70–80 years, the impact of deep learning, and common misconceptions about AI’s capabilities
  • Vibhanshu’s vision on AI’s impact on work and society, addressing potential disillusionment and the importance of designing AI for targeted use cases

Ayna Insights is brought to you by Ayna.AI, a managed service provider that combines domain expertise and transformation capabilities to create alpha-performance superior to market indices, in the industrial and industrial technology sector. The host of this episode, Nidhi Arora, is VP of Business Development & Marketing for Ayna.

 

For More Information

Vibhanshu Abhishek LinkedIn

Alltius

Ayna.AI Website

Nidhi Arora LinkedIn

06 Nov 2024 Calvin Chan: Eco-Friendly Sparks from The USB Lighter Company 00:49:19

How the USB Lighter Company is leading the charge in redefining consumer habits and promoting sustainability in the tech industry?

Ayna Director Marissa Rietman speaks with Calvin Chan, CEO of USB Lighter Company, about sustainability and entrepreneurship. Calvin shares insights on developing electric lighters as a sustainable alternative to butane, highlighting the environmental benefits of rechargeable technology and the push to reduce waste and emissions. He reflects on resilience through challenges like the pandemic, showcasing a commitment to eco-friendly innovation and reshaping consumer habits.

Calvin Chan, CEO of USB Lighter Company, has a diverse background in film, fashion, and hospitality, which drives his innovative approach in sustainable tech. His company redefines lighters with rechargeable options, aiming to replace single-use plastics and encourage sustainable living. The USB Lighter Company’s products focus on durability, efficiency, and environmental impact, helping consumers make eco-conscious choices.

Discussion Points

  • Calvin Chan discusses the USB Lighter Company's mission to shift consumer habits by replacing butane lighters with rechargeable, eco-friendly options, reducing waste and microplastic pollution.
  • Calvin’s journey from rebellious youth to successful entrepreneur reflects key life experiences, including art school and ventures in fashion and hospitality, that shaped his career.
  • Calvin overcame significant challenges in launching a new product amid global disruptions (pandemic, wars, elections), sharing insights on resilience, adaptability, and the importance of a sustainable vision.
  • He outlines the motivations behind his sustainable innovations and goals for integrating recycled materials and eco-friendly packaging in consumer goods.
  • He discusses strategies for marketing a novel product in the lighter industry, emphasizing consumer education, brand loyalty, and the evolving acceptance of sustainable tech.

Ayna Insights is brought to you by Ayna.AI, a managed service provider that combines domain expertise and transformation capabilities to create alpha-performance superior to market indices, in the industrial and industrial technology sector. The host of this episode, Marissa Rietman, is a Director at Ayna.AI. 

 

For More Information

Calvin Chan LinkedIn

The USB Lighter Company

Ayna.AI Website

Marissa Rietman LinkedIn

13 Nov 2024 Carlos Magarinos: Strengthening the Global Industrial Sector 00:26:20

How are emerging economies in Latin America and Southeast Asia reshaping global GDP and fueling the rise of a new middle class?

In this episode, host Nidhi Arora speaks with Carlos Magarinos, a renowned leader in industrial policy and economic development, to explore the future of the global industrial sector. Carlos discusses the revival of industrial policy to address key issues like geopolitical shifts, sustainability, and technological disruption. He highlights the essential role of international organizations in fostering government-private sector partnerships to drive sustainable growth.

Carlos Magarinos, Director of Global Strategy and External Affairs at Vrio Corp, brings deep expertise across politics, diplomacy, and business. Recognized by 39 governments and institutions worldwide, he previously served as Argentina’s Secretary for Industry and Director General of the United Nations Industrial Development Organization.

 

Discussion Points

  • Carlos Magarinos discusses global challenges—geopolitical instability, sustainability, and tech disruption—urging strong public-private partnerships to drive growth in Latin America and Southeast Asia.
  • Examines the intersection of sustainability, geopolitics, and digital transformation in manufacturing, highlighting financial support for SMEs and the need for workforce upskilling.
  • Emphasizes SMEs as vital drivers of innovation and economic growth.
  • Addresses challenges for emerging economies in adopting new technologies, stressing the need for robust financial systems to enhance SME competitiveness.
  • Leadership's role in sustainable industry, advocating for public-private collaborations and global cooperation to address environmental goals and industrial challenges.

 

Ayna Insights is brought to you by Ayna.AI, a managed service provider that combines domain expertise and transformation capabilities to create alpha-performance superior to market indices, in the industrial and industrial technology sector. The host of this episode, Nidhi Arora, is VP of Content & Marketing for Ayna.AI.

 

For More Information

Carlos Magarinos LinkedIn

Vrio Corp

Titanium Economy

Ayna.AI Website

Nidhi Arora LinkedIn

03 Dec 2024 John Pfeifer: Manufacturing to AI – Oshkosh’s Technological Leap 00:39:00

How is Oshkosh Corporation revolutionizing the industrial sector with electric and autonomous vehicle solutions for soldiers, firefighters, and construction workers, and what does this mean for the future of those sectors?

In this episode, Gaurav Batra talks with Oshkosh CEO John Pfeifer about the company’s mission-driven approach to innovation. They explore how electrification and autonomous systems in specialty vehicles are shaping the future, along with insights on strategic capital allocation and the role of technology in driving growth.

CEO of Oshkosh Corporation since 2021, Pfeifer has led advancements in electrification and autonomy for defense, emergency, and commercial vehicles. With a focus on sustainability and engineering excellence, he aims to enhance productivity and safety across demanding industries.

 

Discussion Points

  • Oshkosh's mission-driven innovation delivers electric and autonomous solutions for demanding roles like military, firefighting, and airport vehicles, backed by a strong culture of engineering excellence
  • Insights on sustainability in electrified purpose-built vehicles, challenges in route-based industries, and John’s journey from COO to CEO, focusing on people, capital, and long-term success
  • Accelerating growth through innovation, including AI integration and third-party data pairing in Oshkosh’s products
  • Forward-looking strategies shaping the future of the industrial sector and Oshkosh’s role in driving it

Ayna Insights is brought to you by Ayna.AI, a managed service provider that combines domain expertise and transformation capabilities to create alpha-performance superior to market indices, in the industrial and industrial technology sector. The host of this episode, Gaurav Batra, is the President & CEO of Ayna.AI.

 

For More Information

John Pfeifer LinkedIn

Oshkosh Corporation

Titanium Economy

Gaurav Batra LinkedIn   

Ayna.AI Website

13 Dec 2024 Iggy Domagalski: Balancing Heritage and Innovation at Wajax 00:24:18

In this episode, Nidhi Arora speaks with Iggy Domagalski, President and CEO of Wajax, a leading Canadian industrial products and services provider with over $2 billion in revenue, 120 branches, and 3,000 employees serving 32,000 customers across sectors like construction, mining, and energy. Iggy discusses how Wajax balances small-business agility with large-scale advantages like centralized IT and finance, and shares insights on the industrial sector's role in global growth, technological innovation, and career opportunities.

 

A recognized leader named among Canada’s Top 40 Under 40 and Top 50 Inspirational Entrepreneurs, Iggy draws on his expertise from leadership roles at Tundra Process Solutions and West End Industrial to drive Wajax’s innovation and sustainability.

 

Discussion Points

  • Iggy, CEO of Wajax, discusses its two main areas: heavy equipment sales/services and industrial parts/repair services, emphasizing strong customer relationships across 120+ branches and addressing evolving industry needs.
  • Wajax combines small-business agility with innovation, tackling supply chain challenges through increased local inventory and advanced operations.
  • Wajax integrates technology with customer needs, grows via organic strategies and acquisitions, and focuses on emissions reduction and sustainability goals.
  • Iggy’s diverse career highlights the importance of understanding both commercial and support roles in driving business success.
  • The industrial sector continues to grow with technological advancements and offers rewarding career opportunities, requiring stronger promotion to attract talent.

 

Ayna Insights is brought to you by Ayna.AI, a managed service provider that combines domain expertise and transformation capabilities to create alpha-performance superior to market indices, in the industrial and industrial technology sector. The host of this episode, Nidhi Arora, is VP of Content & Marketing for Ayna.ai.

 

For More Information

Iggy Domagalski LinkedIn

Wajax Corporation

Titanium Economy

Ayna.AI Website

Nidhi Arora LinkedIn

20 Dec 2024 Silicon Labs: From Analog Beginnings to IoT Pioneers
 00:34:23

Vineet Gupta, President of Ayna, hosts Ross Sabolcik, Senior VP and General Manager of Industrial and Commercial IoT at Silicon Labs, to discuss the company's journey from analog mixed-signal pioneer to IoT leader. Ross highlights Silicon Labs' wireless portfolio and its applications in smart metering, building automation, and healthcare, emphasizing the integration of AI and machine learning in products and career development. The conversation explores how curiosity, leadership, and communication fuel growth in the tech industry.

Ross Sabolcik, Senior VP and General Manager of Industrial and Commercial IoT at Silicon Labs, has played a pivotal role in the company’s transformation into a leader in wireless connectivity and energy-efficient IoT solutions. With a foundation in electrical and computer systems engineering, Ross's journey from embedded coding to leadership showcases his expertise in applying AI and machine learning to both technology and talent development.

 

Discussion Points

  • Ross Sabolcik shares Silicon Labs' evolution from a disruptor in analog mixed-signal tech to a leader in wireless IoT, highlighting milestones like the B90 modem and the shift to IoT innovation.
  • He outlines the expansion of use cases from meter reading to advanced applications like grid intelligence and asset tracking, driven by AI and machine learning.
  • Ross reflects on his career, blending engineering expertise with business skills and strong communication.
  • He advises young engineers to stay curious, embrace lifelong learning, and understand the link between technology and business strategy.

Ayna is a premier advisory and implementation firm in the industrial technology space, leveraging a team of experienced leaders to help companies and investors drive performance improvement and value creation. The host of this episode, Vineet Gupta, is a President at Ayna.

 

For More Information

Ross Sabolcik LinkedIn

Silicon Labs

Titanium Economy

Vineet Gupta LinkedIn

Ayna.AI Website

08 Jan 2025 Don Weatherbee: Future-Proofing Precious Metals at Regenx 00:13:59

Nidhi Arora of Ayna AI sits down with Don Weatherbee, CEO of Regenx, to explore the company’s groundbreaking advancements in recycling precious metals like platinum and palladium. Using an innovative hydrometallurgical leaching process, Regenx offers an eco-friendly and sustainable alternative to traditional smelting, meeting growing demand driven by stricter regulations and vehicle electrification. Don also shares insights on the role of logistics, expansion plans, and the circular economy in reshaping the industry. Tune in for a fresh perspective on sustainable technology and industrial innovation.

Don Weatherbee, CEO of Regenx, is a seasoned leader with over 28 years of experience in mining and materials processing, including two decades in executive roles. A CPA, CMA, and CITP, with a Bachelor of Commerce from the University of Alberta, Don combines financial expertise with technological insight. His strategic leadership and industry knowledge make him a key voice in driving innovation and sustainability in the industrial sector.

 

Discussion Points

  • Introduction of Don Weatherbee, CEO of Regenx, and the company's mission to revolutionize precious metal recycling, focusing on platinum and palladium.
  • Overview of Regenx's eco-friendly hydrometallurgical leaching process and its advantages over traditional smelting, including reduced environmental impact and energy efficiency.
  • Industry shifts due to regulatory changes and vehicle electrification, driving higher demand and challenges for traditional mining.
  • Strategies for scaling Regenx while prioritizing sustainability, balancing innovation with environmental goals.
  • Insights on logistics, industry partnerships, and plans for capacity expansion and global collaborations.
  • Don’s outlook on the future of Regenx and advancements in precious metals recycling.

Ayna is a premier advisory and implementation firm in the industrial technology space, leveraging a team of experienced leaders to help companies and investors drive performance improvement and value creation. The host of this episode, Nidhi Arora, is VP of Content & Marketing for Ayna

 

For More Information

Don Weatherbee LinkedIn

Regenx

Ayna.AI Website

Nidhi Arora LinkedIn

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