September 2020 |
[an error occurred while processing this directive] |
|
EMAIL INTERVIEW – Ken Sinclair & Brendan Howard
Brendan Howard, Partner, CIEL Capital, President Category 5,
Chair Board Directors at Start2Finish
The latest stage of reopening
Owners should
therefore consider strategies under different scenarios, with current
constraints in effect under short, medium, and long-term
circumstances.
Articles |
Interviews |
Releases |
New Products |
Reviews |
[an error occurred while processing this directive] |
Editorial |
Events |
Sponsors |
Site Search |
Newsletters |
[an error occurred while processing this directive] |
Archives |
Past Issues |
Home |
Editors |
eDucation |
[an error occurred while processing this directive] |
Links |
Software |
[an error occurred while processing this directive] |
Sinclair: How can manufacturing businesses evolve to best serve their employees and patrons during the latest stage of reopening?
Howard:
I think the most important thing companies can do is to keep evolving
their strategies as we learn more and more everyday about this
virus. Early on, many companies grasped for any solution that
would provide a quick fix under the assumption that the pandemic would
quickly pass. Some of those solutions have stuck around.
Increasingly, companies need to recognize that they need safe,
effective, and efficient tools and processes that can withstand a
longer time horizon.
As an example, we provide automated thermal camera solutions.
Early on, many companies seized on basic temperature readers to screen
employees and patrons. This rudimentary technology can yield
inaccurate temperature readings, be unsafe to those taking the
temperature, and be highly costly due to the manual nature of such a
process. Companies are increasingly recognizing that solutions
such as automated thermal cameras, of high quality and accuracy, can
address such challenges.
Fundamentally, it is important that one constantly challenge existing processes and evolve strategies to meet developing needs.
[an error occurred while processing this directive]Sinclair: What suggestions do you have for manufacturing business owners on
what they can do to instill confidence in their employees and customers
during and beyond COVID-19, including short and medium-term
transformations of the business layout?
Howard:
As a society, we are still not sure how long and at what level our
safety protocols will need to continue in a ‘new normal’
scenario. In making any investment, business owners want to
understand the time horizon for the investment. Owners should
therefore consider strategies under different scenarios, with current
constraints in effect under short, medium, and long-term
circumstances. In our client partnerships to develop and deploy
plans for manufacturing businesses, we have seen this express itself in
two ways.
Firstly, some investments make sense under short, medium, and long-term
scenarios. As an example, employee feedback on thermal cameras
has been enthusiastic with roughly ¾ feeling more or much more
comfortable with a Health Canada certified thermal camera in use for
temperature screening of employees. When compared to manual
methods, the financial return on investment has been a matter of
weeks. Where investments make sense under all scenarios, the
decision is easier.
Secondly, when it is not so clear, strategies to keep options open can
be used in the interim. We have employed print-based signage
strategies for offices and plant floors to encourage physical
distancing and hygiene. This can keep options open by
purposefully employing cost-effective stop-gap solutions while we work
with the client to deeply consider and develop longer-term approaches
that make sense regardless of the duration of the pandemic.
Sinclair: Should manufacturing businesses be concerned about accuracy and privacy with thermal camera imaging?
Howard:
With respect to accuracy, there are major differences across
technologies. Unfortunately, there are inaccurate and untested thermal
cameras in the market. This has unfortunately led to concern
about the technology more broadly despite the fact that some, including
the thermal cameras we distribute, are of extremely high quality and
are certified by Health Canada as authorized COVID-19 medical
devices. So it’s critical to know what you are buying and work
with professionals who understand the ins and outs of the technology,
notably temperature calibration to ambient environmental temperature.
With respect to privacy, it comes down to configuration. Like
accuracy, there is variation in the market. Speaking for
ourselves only, we have developed customized workflows that allow the
protection of privacy and enable fast response when high temperature
readings occur. This includes on-premises hosting of data that
strictly limits the sharing of information beyond authorized
recipients.
Abou the Author
Brendan joined CIEL Capital in 2016 to
help guide strategy and growth initiatives for existing and prospective
portfolio companies. He also manages CIEL’s portfolio company Category
5 Imaging Inc.
Brendan built his business strategy career with Secor Consulting, then
KPMG Management Consulting, and most recently as Director of Strategy
and Competitive Intelligence at Aimia. Brendan has B2B and B2C
experience in the Retail, Consumer Products, Health, Energy, Education,
Media, and Manufacturing sectors. Brendan works primarily on growth and
innovation strategy, strategic planning, go-to-market strategy,
negotiation strategy and market intelligence. He draws on learnings
from high growth and mature private sector clients, in addition to
public and public-private partnerships to develop novel, customized
strategies.
Brendan holds an M.Sc. in Public Policy and Administration from the
London School of Economics and Political Science (with distinction) and
a B.A. (HBA), Richard Ivey School of Business, University of Western
Ontario (with distinction).
Brendan is a Board Member on Start2Finish, a fitness and
literacy-focused children’s charity. He maintains ongoing involvement
with the Ivey School of Business as Class Liaison after serving as
Student Council President during his undergrad.
[an error occurred while processing this directive]
[Click Banner To Learn More]
[Home Page] [The Automator] [About] [Subscribe ] [Contact Us]