Manufacturing Magazine - October 2021 | Page 145

CABOT CORPORATION

1882 Year Founded .

4,500 Number of Employees Worldwide .

$ 3.2bn Revenue .

Advanced Analytics , the Path to Resiliency Skerl walks us through how advanced analytics can make for a more resilient organisation . “ Digitisation creates access to data , access to the information within that data creates insights , and that ' s how we create transparency in the context of any business disruption or transformation . We need to first have the data . Then we need to understand that data . And then , out of data insights , we need to be able to drive business actions .
“ That is our aspiration , bringing the ability to understand and react in near real-time to events in the operating and business environment , creating a more resilient organisation .”
Change Management , the Key to Success “ Change management is one of the key factors to making any initiative successful . If change management is not being addressed , that is probably a guarantee for a failure of initiatives . As a company , we recognised early on the need to focus on change management , through a TMO approach , and applied those change management practices and tools across initiatives of all sizes , but tempered to the appropriate scale
manufacturingglobal . com 145