Lessons in Innovation After Transitioning From a Software CEO to Manufacturing Owner with Drew Honeycutt
11/13/24 • 47 min
In this episode of Watching the Sparks Fly, gain insights into the complexities of the metals industry, the significance of cooperation among machine shops, and the potential for growth and disruption in the coming years.
Donnie Garvich speaks with Drew Honeycutt, CEO of Talladega Casting and Machine Co., about the challenges and opportunities in the American manufacturing industry. Drew shares his journey from running a software company and tech incubator to purchasing a machine and fabrication shop. He also touches on the importance of innovation in a traditional industry and his vision for the future of manufacturing.
Send us questions and comments via text!
Watching the Sparks Fly is part of the Stella Source Podcast Network.
Metal Made Simple - that's the guiding ethos of Stella Source.
To learn more about Stella Source, follow these links:
https://www.stellasource.com
https://www.linkedin.com/company/stella-source/
In this episode of Watching the Sparks Fly, gain insights into the complexities of the metals industry, the significance of cooperation among machine shops, and the potential for growth and disruption in the coming years.
Donnie Garvich speaks with Drew Honeycutt, CEO of Talladega Casting and Machine Co., about the challenges and opportunities in the American manufacturing industry. Drew shares his journey from running a software company and tech incubator to purchasing a machine and fabrication shop. He also touches on the importance of innovation in a traditional industry and his vision for the future of manufacturing.
Send us questions and comments via text!
Watching the Sparks Fly is part of the Stella Source Podcast Network.
Metal Made Simple - that's the guiding ethos of Stella Source.
To learn more about Stella Source, follow these links:
https://www.stellasource.com
https://www.linkedin.com/company/stella-source/
Previous Episode
Leveraging Innovation Along With The Required Cultural Changes To Make It Stick
This episode was recorded live at the SMU Steel Summit on August 26, 2024, in Atlanta, Georgia, where a dynamic discussion unfolded around fostering innovation within the metals industry.
Wes Spencer, Vice President of Product at Stella Source, moderated a conversation with Stephen Armstrong, Executive Vice President of O'Neal Industries, and Edwin Stanley, CEO of Laser Needs, who shared valuable insights into their approaches to instilling a culture of innovation in their organizations.
Send us questions and comments via text!
Watching the Sparks Fly is part of the Stella Source Podcast Network.
Metal Made Simple - that's the guiding ethos of Stella Source.
To learn more about Stella Source, follow these links:
https://www.stellasource.com
https://www.linkedin.com/company/stella-source/
Watching the Sparks Fly - Lessons in Innovation After Transitioning From a Software CEO to Manufacturing Owner with Drew Honeycutt
Transcript
Did you know? The amount of time CEOs spend in their position is on the decline. According to research done by Harvard in 2023, the median tenure of CEOs decreased by 20 percent between 2013 and 2023. While smaller companies may have more quote unquote forever CEOs, which are people who stay in their positions longer, they're not immune to CEOs who decide to move on from their position.
In small and mid sized companies, this often leads to someone from outside the company becoming the CE
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