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Responding To Economic Changes: Why Operations Had To Change David Schutt, SAE Jean Wills Hinton, AOCS Jan Ferri-Reed, KEYGroup ® Todd Osman, MRS.

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Presentation on theme: "Responding To Economic Changes: Why Operations Had To Change David Schutt, SAE Jean Wills Hinton, AOCS Jan Ferri-Reed, KEYGroup ® Todd Osman, MRS."— Presentation transcript:

1 Responding To Economic Changes: Why Operations Had To Change David Schutt, SAE Jean Wills Hinton, AOCS Jan Ferri-Reed, KEYGroup ® Todd Osman, MRS

2 Change “Management”: Lessons from Past Crises …. Preparations for the Next Crisis David Schutt, SAE Jean Wills Hinton, AOCS Jan Ferri-Reed, KEYGroup ® Todd Osman, MRS

3 Professional Societies and the Recent Economic Crises Steve Nelson, 2010 CESSE CEO Mid-Winter Meeting Responding to Economic Change – 2009

4 Responding To Economic Changes: Don’t Let a Good Crisis Pass You By David Schutt Chief Executive Officer SAE International

5 Crisis Cycle We have faced other crises …. after Michael Watkins, The First 90 Days, Harvard Business Press, 2003 Realignment Turnaround Sustained Success Start-up Shut-down Fail Succeed Fail Succeed Growth Cycle Recovery Cycle

6 Back to the Future: Lessons Learned and Applied during a Restructure Jean Wills Hinton Executive Vice President American Oil Chemists’ Society

7 … And we will continue to face crises James Stockdale Navy Admiral 26 personal combat decorations President of Naval War College 1992 U.S. Vice-Presidential Candidate "Who am I? Why am I here?"

8 Change Management: The Leadership & People Side of the Equation Jan Ferri-Reed President KEYGroup ®


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