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@AuManufacturing Conversations
@AuManufacturing Conversations is a regular interview program hosted by Brent Balinski (with other hosts occasionally) bringing you discussions with the folks who are contributing to a critical part of Australia's economy.
We hope to capture something of the variety of manufacturing, its place in the nation, its changing nature, and some of the personalities within it.
From the boutique to the billion dollar, if it's manufacturing and it's Australian, then it likely matters to us. This podcast is an extension of the @AuManufacturing news and analysis website and the community around it, and complements what's written online at www.aumanufacturing.com.au.
Interested in advertising? Get in touch via editor@aumanufacturing.com.au
@AuManufacturing Conversations
Episode 129 -- Bruce Minty from MYOB
In this episode of @AuManufacturing Conversations, published in partnership with MYOB, we consider the vast potential in helping more manufacturers make the jump from small-sized enterprise to medium (or beyond.)
MYOB Senior Product Marketing Manager Bruce Minty shares some reasons why midsized manufacturers matter, and how ambitious companies can navigate hurdles as they grow into the category.
For more on The Bigger Picture report, see here
Solutions like MYOB Acumatica are purpose-built to replace outdated systems, streamline processes, and provide real-time visibility, helping businesses scale with confidence.
Episode guide
0:44 – Minty’s background.
1:53 – How shifts in the industry impacted Minty’s family, which counted the last three car makers as its biggest customers.
2:48 – A shift from mass production to high-tech and customisation.
3:41 – Strengths and opportunities for Australian makers.
5:16 – Challenges to do with fragmentation and a lack of scale.
6:48 – What can improve productivity within manufacturing
7:31 – The benefits of modern ERP systems and their features.
8:31 – How small improvements add up.
9:20 – The important role of midsized businesses in Australia (and why we need more of them.)
10:28 – Midsized businesses are only 3 per cent of companies, but deliver a vastly outsized performance in private sector GVA and employment.
11:28 – Why a thriving midmarket can enhance all of manufacturing.
12:30 – Why success begins at home for exporters.
14:20 – Growing pains and how to avoid them at scaleups.
15:18 – It’s essential to regularly review if systems and processes are fit-for-purpose.
16:10 – What getting it wrong while growing can look like. Plus a counter-example.
18:38 – Some scaling sustainably self-assessment steps.
19:50 – Leadership should regularly pause and review if goals, people, processes and technology are aligned.
20:16 – A simple question that can uncover risks, plus how you can start small to prepare for growth.
