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Steven Fero's Blog (155)

HBR Idecast: Globalization Myth & Reality

This Harvard Business Review Ideacast audio is an interview with NYU professor Pankaj Ghemawat who discussed the misconceptions about Globalization. While he claims that he is not making a political point, the word LABOR is never mentioned in his discussion and statistics. He separates global movement of manufactured goods and immigration but never talked about outsourced labor - interesting analysis but ignores the globalization of labor.



Click on this link for the… Continue

Added by Steven Fero on March 4, 2017 at 3:17pm — No Comments

Is it Morning Again in the Midwest? "New businesses are breathing life into some of America’s old industrial cities"

Although nationally the Fortune 1000 industrial companies appear to be heading into a downturn, our firm is continuing to see more manufacturing & engineering search assignments over the past year.  And now, we have a new search from an Indiana bank to hire additional Loan Documentation personnel to handle increased loan volume. 

It does make us wonder if the Midwest and Indiana especially is seeing a revival of it's industrial and manufacturing base.  The Economist's…

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Added by Steven Fero on March 12, 2016 at 5:04pm — No Comments

Machine Tool Manufacturer - $2.9M gross / $271 SDE in 2015 - Business For Sale - Near Columbus, Indiana

German owned machine tool design and build machine shop.  Doing engineering design, outsourcing 80-90% of fabrication, then doing final tooling & assembly in-house before shipping.  2015 gross sales of $2,994,636 minus COGS plus add back owners salary ($107K) = $271,587 in Seller Discretionary Earnings.  Seven total employees.  Near Columbus, IN.

Specialty precision machine tool manufacturer serving aerospace,…

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Added by Steven Fero on February 29, 2016 at 10:08am — No Comments

VP Manufacturing - Indianapolis





COMPANY

Global leader in heat exchangers and thermal transfer solutions primarily for Heavy Duty/​Off-Highway, Power Generation, Oil&Gas, Rail, and aftermarket applications.​  With five operating divisions with facilities in nine locations across North America, Europe, and the Middle East, this company has manufactured over one million heat exchangers in the US, distributed globally.​  While the company offers broad customer design flexibility in heavy-duty radiators,…

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Added by Steven Fero on February 29, 2016 at 9:30am — No Comments

The "World of Work" for your children

As a parent, I think about the "world of work" that my daughter will enter and the options that will be available to her. 



The last line of this article from The walled world of work, "As economies grow more sophisticated, demand for cognitive skills will keep rising. The world’s schools are not even close to meeting it.", has me wondering if the focus on STEM really teaches people how to think.  Increasingly, IT companies…

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Added by Steven Fero on January 30, 2016 at 3:11pm — No Comments

Execs In Transition - Franchise Option

For any executive who has been working (and saving) for 20+ years, purchasing a franchise could be good option versus continuing on in your original career track.

There is tons of online research available so that you can research which ones are the most successful.

Here are the top franchises ranked by investor/buyer demand for the past two years:

Franchise…
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Added by Steven Fero on November 24, 2015 at 7:13pm — No Comments

OPTIMISTIC U.S. BUSINESS OWNERS PLAN MORE HIRING AND RAISES FOR EMPLOYEES

FROM PNC BUSINESS BANKING:



Key Findings:

PNC’s Fall 2015 Economic Outlook survey of small and mid-sized business owners nationwide shows an increasing optimism about the prospects for their own business and more expect to increase hiring and wages for their employees over the next six months.



Optimistic Outlook:

Nearly nine out of 10 (87 percent) of owners…

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Added by Steven Fero on October 7, 2015 at 2:39pm — No Comments

PRODUCTION MANAGER - Metal Fabrication - Brownsburg, Indiana

Description of the Role

This position is responsible for scheduling and managing jobs from onboarding to completion.  The Production Manager reports to the CEO and will manage direct reports.  Direct reports will consist of Production Employees (estimated to be 20) and Programmers (estimated to be 2) but may include other roles as needed.  The Production Manager will work closely with the Pre-Production Manager, Compliance Manager and the Facilities & Foreman to assure that…

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Added by Steven Fero on August 15, 2015 at 5:57pm — No Comments

Assemblers - Manufacturing / Fabrication - Indianapolis (10 positions)

Responsible for assembly of mechanical systems using drill, saw, grinder, rivet gun, and tape measure.  Ensure quality in measurements and safety.  Ensure proper work order documentation.

•Must be able to lift up to 50 pounds

•Must be able to read and follow blueprints, work orders and bills of materials

•Must have excellent oral and written communication skills

•Must have excellent organizational skills for projects

•Must be able to perform work to…

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Added by Steven Fero on August 15, 2015 at 5:55pm — No Comments

Human Resources Manager - Manufacturing - Indianapolis

The ideal candidate would be an experienced Human Resources Generalist with (7 - 10) years of experience in Human Resources. The candidate must have a broad-based, functional knowledge of all aspects of Human Resources including employee relations, benefits, compensation, management training, leadership development, recruiting, organizational strategy…

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Added by Steven Fero on August 15, 2015 at 5:47pm — No Comments

Staff Accountant - Financial Services - Indianapolis downtown

Essential functions would include:

  •   Helping to establish and maintain accounting procedures…

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Added by Steven Fero on August 15, 2015 at 5:36pm — No Comments

Banking Center Manager - Private Banking - Carmel, Indiana

Position Description:    

Primarily responsible for the acquisition of new and the expansion of existing consumer and business banking customer relationships and the day-to-day management of a banking office.   Manage full-service banking relationships with affluent community banking customers. Consults with customers regarding financial needs, recommends products and financial services including community banking products plus private banking deposit and consumer credit products.  Must…

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Added by Steven Fero on August 15, 2015 at 5:33pm — No Comments

VP Information Security - Financial Services - Indianapolis

Purpose of Position: The incumbent is responsible for managing and overseeing critical aspects of Information Security with an emphasis on the Bank’s Vendor Management Program.…

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Added by Steven Fero on August 15, 2015 at 5:27pm — No Comments

Pres/CEO - Residential Installation & Sales Company - Carmel, IN - $1.1M Investment Required

Carmel Residential Product Installation & Sales Company



$1.9M gross revenue



$341K in discretionary earnings to the owner



Business Summary
The company is a direct sales company that sells and installs, windows, doors, and related products. The company was founded in…

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Added by Steven Fero on June 18, 2015 at 7:00pm — No Comments

Portfolio Manager - Independent RIA $500M AUM - Indianapolis

For over 25 years, an Indiana headquartered independent fee-only wealth management firm that has provided investment portfolio management for equity, balanced, and fixed income portfolios, working with clients to develop unique financial goals and objectives services for high net worth individuals, trusts & estates, corporations, foundations, institutions, and qualified…

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Added by Steven Fero on June 18, 2015 at 6:30pm — No Comments

Inside Sales Specialist (2 positions) Mechanical Products & Parts Indianapolis, Indiana

Position Purpose:



The individual will be responsible for Inside Sales related to all Aero Industries products.  This includes customer inquiries, quotations and order entry.  Further, it will be imperative that this person maintain a high level of accuracy (no errors) and help create a team-building environment within the group.  It is particularly important that we maintain a strong, positive attitude.  



Principal Accountabilities:



React to incoming phone calls…

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Added by Steven Fero on January 9, 2015 at 3:59pm — No Comments

Owner / General Manager - Industrial Services Co - South Central Indiana

Due to retirement, a 40 year old industrial services business in South Central Indiana is seeking a new owner / President / General Manager. 

This is a career opportunity for an experienced business professional capable of purchasing the assets of the company and assuming leadership for the operation.  Annual revenue exceeds $500,000 with a strong gross margin.  This company is known as a regional brand.  An appropriate buyer / investor & operator for this business…

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Added by Steven Fero on January 5, 2015 at 3:00pm — No Comments

Project Manager - Industrial Services - Valparaiso, Indiana

A Project Manager is an individual that will need to utilize the skill points of responsibility, accountability, self-driven energy, negotiations, client management, project staff interaction, and technical/mathematical accuracy. “Big picture” planning of…

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Added by Steven Fero on January 5, 2015 at 2:58pm — No Comments

Project Manager - Large Facility Construction - Indianapolis

POSITION SUMMARY:

Project Management personnel are responsible for the overall safety, direction, completion, and financial outcome of construction projects from initial budget through project closeout.



MAJOR RESPONSIBILITIES:

Project Management

Ensure customer satisfaction by identifying and exceeding client needs

Estimate, value engineer and develop project budgets

Facilitate the subcontractor bid process to include processing, distribution and tracking of all…

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Added by Steven Fero on January 5, 2015 at 2:53pm — No Comments

Vice President - Treasury Management Banking - Indianapolis

Responsible for sales and all sales-related activities for Treasury Management products and related functions, as well as for managing client portfolios and product implementation.  Provides the highest quality of service to every customer.  Independent judgment is required to plan, prioritize, and organize diversified workload.

Essential Functions: 

Develop sales strategy to meet or exceed stated sales and portfolio goals…

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Added by Steven Fero on January 5, 2015 at 2:45pm — No Comments

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