Episode 19

Published on:

19th Feb 2024

Navigating Succession Planning Challenges in Family-Owned Manufacturing Companies with Lisa Sanderson

In this episode of The Manufacturers Network Podcast, host Lisa Ryan interviews Lisa Sanderson, the Vice President of Marketing and Strategy at Gleicher Manufacturing. Gleicher Manufacturing provides bonding, sealing, and fastening solutions for global clients, servicing industries such as the US military, aerospace, electronics, and medical devices. Lisa Sanderson shares her journey of returning to the family-owned business and her experiences implementing changes to transition from a family business to a business run by a family.

Key Themes:

1. Family Business Dynamics: Lisa Sanderson recounts her early exposure to the family business and the unexpected path that led her back to the company. The complexities and challenges of employing family members in a business, particularly in succession planning, are explored.

2. Change Management: The discussion delves into the intricacies of implementing organizational changes in a long-standing company. Lisa Sanderson emphasizes the importance of understanding the workforce's resistance to change and the need to balance tradition with evolution.

3. Training and Development: The importance of investing in employee training and development to adapt to modern manufacturing practices is highlighted. The conversation explores strategies for training, capturing employee knowledge, and transitioning towards digital practices.

Lessons Learned:

- There is a need to convince individuals of the necessity for change before expecting their willingness to adapt.

- Regular and inclusive communication's significance in fostering employee buy-in amidst organizational changes.

- Balancing tradition with the demand for innovation in a long-established family business requires patience and strategic planning.

Fun Facts:

- Lisa Sanderson discusses her diverse career journey, from being a product manager for consumer packaged goods to becoming a holistic health coach and author.

- The conversation reflects on the challenges and humor in introducing modern technology and practices to longtime employees, highlighting the generational diversity within the workforce.

Connect with Lisa Sanderson:

- Email: lisa.s@gleicher.com

- LinkedIn: https://www.linkedin.com/in/lisajoysanderson/

#Manufacturing #FamilyBusiness #ChangeManagement #SuccessionPlanning #TrainingAndDevelopment #Innovation #PodcastInterview #LeadershipDevelopment #OrganizationalChange

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About the Podcast

The Manufacturers' Network
Connecting Manufacturers with Manufacturers
The Manufacturers' Podcast is THE place for manufacturers to connect with and learn from other manufacturers. Not only will listeners get to learn from their manufacturing colleagues, but they will also discover HOW they can help each other as a resource or as a source of help and inspiration.

As a manufacturer, it's easy to get pigeon-holed into only focusing on your own industry, whether it be through your industry trade association or your industry colleagues. While trade associations are an excellent source of information for their members, sometimes it's gaining a perspective from someone else in a completely different industry that gives you the solution to your dilemma.

Stay tuned for new episodes every week on "Manufacturing Monday's." This drive-time length podcast will give you the information, tips and strategies you need to get your week off to a fantastic start.

About your host

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Lisa Ryan

As a Certified Speaking Professional (CSP), an award-winning speaker and author of ten books, Lisa Ryan, CSP, works with her clients to develop employee and client engagement initiatives and strategies that keep their top talent and best clients from becoming someone else’s.
Lisa’s expertise includes: strengthening workplace culture, improving employee engagement, increasing customer retention, and initiating gratitude strategies (“Grategies”) for personal and professional benefit. Lisa’s participants enjoy her high energy, enthusiastic delivery and quick wit and they leave the session with ideas they are committed to acting on immediately to make positive workplace culture changes.
Lisa costars in two films with other experts including Jack Canfield of “Chicken Soup for the Soul.” She is the Past-President of the National Speakers Association, Ohio Chapter and holds an MBA from Cleveland State University.

Relevant Experience

• Keynote, breakout or workshop speaker at more than 100 national and international conferences
• Thirteen years of industrial marketing and sales experience, including seven years in the welding industry – and yes, she does weld
• Host of “Elevate Your Engagement Levels: What You Need to Know” on the Elite Expert Network and the C-Suite Network
• Creator of “The Seven Mistakes Managers Make to Crush Company Culture” video series
• Best-selling author of ten books, including “Manufacturing Engagement: 98 Proven Strategies to Attract and Retain Your Industry’s Top Talent”
• Award-winning speaker