Manufacturing is the largest industry in Minnesota. With that comes many changes and advancements. How does a manufacturer stay on top of everything that is happening and keep running a successful business? At Telamco, our President Tracy Humann, found Enterprise Minnesota Peer Council for CEOs. The support of peers is valuable in many ways.
Tracy will be the first to admit that she came into the role of President/CEO at Telamco faster than expected and during a difficult time. While she has years of leadership experience the manufacturing industry has many unique aspects. The founder of Telamco, Tracy’s Father Phil, was a part of the Peer Council in the past and over time Tracy discovered that it would be beneficial for her as well. You’ll find more details about how Tracy joined the group in this article by Forge Magazine. They interviewed Tracy at a recent Enterprise Minnesota event and the article made us think about the value of this membership.
Benefits of Joining a Peer Council
Sometimes we overlook the benefits of things and reminders are helpful. Having a sounding board of professionals in similar companies as Telamco and CEO roles like Tracy provides education opportunities at each event. While the various companies in the peer council are different sizes and manufacture different products they all end up with similar problems and success stories.
“It is helpful to know we aren’t alone.” – Tracy Humann, Telamco President/Owner
Tracy is a member of the Enterprise Minnesota Owatonna Peer Council. They meet once a month for four hours where they get an opportunity to discuss difficult situations and input from their peers. Many times the situations end up being a “been there, done that situation”, so they get valuable advice on what works and what doesn’t work. Next is a presentation from industry experts and consultants. Members of the peer council discuss and work through issues with the presenter and each other.
Networking Supports Manufacturing
Overall, it allows optimal networking opportunities with manufacturing industry peers and other professionals that can help us grow and improve our businesses. Even if you’re in a different industry like healthcare, education, agriculture find a professional peer group. You’ll appreciate the support and advice.
The other manufacturers in the Owatonna Peer Council don’t manufacture membrane switches like Telamco, but they all have employees and sell product to customers. The manufacturing industry has regulations that impact many of us and the day to day business aspects often overlap. The respect and support of peers is a part of the Telamco’s success and ability to reach 50 years in business. Seek out support, you’ll appreciate it.Learn how Telamco reached 50 years in business.