The Minnesota Chamber of Commerce 2018 Annual Meeting: Growing Minnesota's Future Together was held at the Radisson Blu Mall of America on Thursday, November 15, 2018. Deepinder, 75F CEO, participated in a panel with Shelly Peterson, executive vice president and general manager of Boldt Company, and Tom Sonderman, president of SkyWater Technology Foundry. The panelists answered questions on the practical applications of benchmark reports for businesses. Simply put, what makes their company successful and how to make sure other businesses are successful.
Watch the full panel now!
Innovation...It's the Secret Sauce for Success
The big topic of discussion was innovation. Innovation is the key category that contributes to Minnesota's growth. There are many ways to encourage innovation within your company. The most important tip to take away from the panel is that if you empower your employees and give them the space to create, then innovation will take place. Shelly explains that innovation is also adopting new technologies into the company to make a more productive workforce.
Innovation vs. Disruption
Deepinder explains the difference between innovation and disruption. What he said about the differences was very illuminating. Innovation is the incremental changes, disruption is taking a huge leap in the industry to make change. Deepinder explains that 75F is doing just that in the HVAC industry with our software and hardware. He also stated that in order to create good disruption, you need to accept (constructive) disruption within the company itself.
Tariffs on Goods
Before the panel, there was a presentation on the economy and tariffs. This bled into a question for the panelists and how they combat that added stress on their business.
Watch the full panel now to hear their answers!
As mentioned in the panel, the MN Chamber of Commerce is partnering with 75F for their happy hour series. Click the link to RSVP to attend Tales on Tap on Tuesday, Dec 4th.
In the meantime, if you're itching to meet up with us, RSVP below to our next happy hour on Thursday, November 29th. We will be at Insight Brewing in Minneapolis!