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In this article, Davide Gronchi highlights the importance of mindset in business. In my past 10 years spent optimizing the design of industrial investments, I have come across a broad variety of situations with many differences and few commonalities. From 20 to 20,000 mio USD in value, from tiny vaccines molecules to 800t mining excavators, from “one large investment every 10 years” to teams with heavy 1000-pages Capex manuals, from small start-up to super structured and complex hundred-years-old multinationals have…
Davide Gronchi shares an article on optimizing your business during a labor shortage. In the last few years we could all observe an increase of labor shortage in traditional sectors of the private business as well in the public administration. In May 2022 only in the US there were 11.3 million open positions vs. 9.3 in April 2021, an increase of 22%. Many jobs today are not seen as attractive anymore, skilled available resources are getting more demanding to their…
Davide Gronchi shares an article on how to approach risk mitigation. Whilst in the middle of a heavy and unexpected crisis, company leaders are requested to keep looking far ahead and shape the future of their company by (re-)designing the strategy and how to implement it. Current times are full of worries and threads, every day are more negative than positive news that capture our attention. How to concentrate on our business, sailing in calm waters and heading to a…
In this article, Davide Gronchi shares key insights from 10 years of optimizing design of industrial investments. In my past 10 years spent optimizing the design of industrial investments, I have come across a broad variety of situations with many differences and few commonalities. From 20 to 20,000 mio USD in value, from tiny vaccines molecules to 800t mining excavators, from “one large investment every 10 years” to teams with heavy 1000-pages Capex manuals, from small start-up to super structured…
David Gronchi shares an article designed to simplify problem solving. Advanced analytics and machine learning are some of the ready-to-use technologies that help discover correlations and drive conclusions out of complex data sets that often describe our business and production processes. This is very helpful to take decisions aiming to prevent something unwanted to happen e.g., set process parameter to X in order to obtain product spec within tolerance. There are many other opportunities to eliminate “waste” out of business…
Davide Gronchi shares an article on risk mitigation that includes his pragmatic method designed to drive out ‘failure-mode and effects analysis’ designed by the U.S. military in the 1940s. Whilst in the middle of an heavy and unexpected crisis, company leaders are requested to keep looking far ahead and shape the future of their company by (re-)designing the strategy and how to implement it. Current times are full of worries and threads, every day are more negative than positive…
Davide Gronchi provides a pragmatic approach to risk mitigation and shares a method he uses that was invented by the US military in the late 1940s: FMEA (Failure Mode and Effects Analysis) to assess risk under three lenses. Whilst in the middle of a heavy and unexpected crisis, company leaders are requested to keep looking far ahead and shape the future of their company by (re-)designing the strategy and how to implement it. Current times are full of worries…
Davide Gronchi provides two simple tools that can help collect answers to powerful questions. Advanced analytics and machine learning are some of the ready-to-use technologies that help discover correlations and drive conclusions out of complex data sets that often describe our business and production processes. This is very helpful to take decisions aiming to prevent something unwanted to happen e.g., set process parameter to X in order to obtain product spec within tolerance. There are many other opportunities to…
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