Tag: 3BL

October 29, 2024 /3BL/ – Bath & Body Works was recognized today as one of the best workplaces in America for career growth by the American Opportunity Index. The ranking measures how effective companies are at developing talent to drive business performance and advance individual careers. This is the second consecutive year Bath & Body Works has been recognized on the Index.

The American Opportunity Index is based on a comprehensive data analysis of the career trajectories of more than five million employees at 395 of America’s largest companies. The Index measures how well firms promote, pay, hire and retain their employees based on a five-year period. It is a joint project of the Burning Glass Institute, Harvard Business School’s Managing the Future of Work Project and the Schultz Family Foundation.

This year, Bath & Body Works ranked within the top 100 of the hiring and promotion Index categories. The hiring category measures how well companies hire people without degrees and with little experience. The promotion category ranks companies based on how well companies move their employees up and prepare them for future roles.

“Our associates are the foundation of our brand and its success,” says Deon Riley, Bath & Body Works’ Chief Human Resources Officer. “We strive to be a place where our associates want and choose to be every day, and that’s why we’re passionate about investing in their future — both professionally and personally. We are committed to providing valuable growth opportunities because we believe that when people feel valued and empowered to be successful, we can continue to grow as a stronger, smarter business.”

To further support its associates’ personal and professional growth, Bath & Body Works recently launched ‘Investing in you,’ a dynamic suite of programs and benefits which offers educational opportunities, tuition reimbursement options and financial stability resources to support career advancement and overall well-being. These benefits are available to all eligible U.S. associates across its stores, distribution centers and home office.

Learn more about Bath & Body Works’ commitment to its associates and culture at bbwinc.com.

ABOUT BATH & BODY WORKS

Home of America’s Favorite Fragrances®, Bath & Body Works is a global leader in personal care and home fragrance, including top-selling collections for fine fragrance mist, body lotion and body cream, 3-wick candles, home fragrance diffusers and liquid hand soap. Powered by agility and innovation, the company’s predominantly U.S.-based supply chain enables the company to deliver quality, on-trend luxuries at affordable prices. Bath & Body Works serves and delights customers however and wherever they want to shop, from welcoming, in-store experiences at more than 1,870 company-operated Bath & Body Works locations in the U.S. and Canada and more than 490 international franchised locations to an online storefront at BathandBodyWorks.com.

Southern Company

Hurricane Helene made landfall on the Florida Gulf Coast on the evening of Thursday, September 26 as a Category 4 hurricane, bringing 140 mph winds and flooding rains as it moved north into Georgia.

The storm left catastrophic damage in its wake. For Georgia Power, Hurricane Helene was the most destructive storm in the company’s 140-year history.

Immediate and unwavering response

The Southern Company system sprang into action, demonstrating an unparalleled commitment to restoring service and aiding affected communities. By October 7, Georgia Power had restored service to 99% of the nearly 1.5 million customers impacted by the storm. This monumental effort involved more than 20,000 personnel, including teammates from Alabama Power, Mississippi Power and numerous other companies.

The damage was so severe in places that entire sections of the power grid had to be rebuilt. In total, Helene damaged or destroyed more than 8,300 power poles, 350 transmission structures and 4,500 transformers. More than 1,000 miles of power lines were restored.

Atlanta Gas Light (AGL), with support from teammates from Virginia Natural Gas, safely completed nearly 1,000 emergency leak calls across the final four days of September. That figure represents more calls than AGL received in the first four months of 2024 combined.

Coordinated and innovative efforts

Crews worked tirelessly around the clock, employing various methods to tackle the extensive damage. Teams on the ground navigated through fallen trees, broken power poles, flooded streets and downed lines, while aerial units and watercraft provided critical support. Specially equipped helicopters removed trees from transmission lines, drones assessed damage and made repairs from the air, and Marsh Masters navigated swamps and wetlands.

A heartfelt thank you to all who helped

Kim Greene, chairman, president and CEO of Georgia Power, shared her reflections on the devastation and the company’s response:

“Hurricane Helene brought unprecedented damage to Georgia Power’s service areas, affecting countless communities, customers and our fellow teammates. The hard work of our employees and their unwavering commitment to our communities have been nothing short of inspiring, and I am confident we will emerge stronger and more united than ever.”

This was a historic storm that required an unprecedented response and coordination from many teams across Georgia. State leaders, including Gov. Brian Kemp, the Georgia Emergency Management Agency and other state agencies, members of the Georgia Public Service Commission, as well as members of the Georgia legislature and its leadership, alongside local county commissioners, mayors, first responders, law enforcement and countless others continue to be incredible partners.

“For your kindness, compassion, and patience, thank you to our Georgia Power customers, communities, employees and partners. More than ever, I am proud to be a Georgian, proud to be a part of this team, and grateful to be a part of this community. Our road to recovery may be long, but we are here for Georgia, and we are here for you,” Greene added.

Preparation and industrywide support

In the days ahead of Helene’s landfall, Georgia Power’s advance planning and strategy were crucial to restoration efforts. The company pre-positioned 10,000 restoration workers, equipment and supplies near areas of anticipated impact, ensuring a rapid response once weather conditions allowed. Southern Company Executive Vice President of Operations and President and CEO of Southern Company Services, Stan Connally, also coordinated efforts between industry executives and government leaders to ensure an effective and efficient response.

Support for our communities

As Georgia continues to rebuild, Southern Company remains steadfast in its commitment to being a citizen wherever it serves.

The Southern Company, Georgia Power and Southern Company Gas charitable foundations collectively donated $3 million to aid Hurricane Helene relief efforts. These funds were allocated to local charities, the American Red Cross and community recovery efforts.

To further assist customers, Georgia Power suspended disconnections, waived eligible late fees and paused collection activities through Dec. 15, 2024. Atlanta Gas Light also suspended shutoffs for customers in affected areas.

“At Southern Company, our commitment to our communities is unwavering. In the face of Hurricane Helene’s unprecedented destruction, we stood together, offering our resources and support to those in need. We will continue to be a pillar of strength and resilience for all those affected,” said Chris Womack, Southern Company chairman, president and CEO.

New Holland Construction, a brand of CNH introduces the all-new E90D midi excavator. Powered by a robust 73-horsepower engine, the E90D boasts the highest horsepower in its class, setting a new standard for power, and efficiency in midi excavators.

“We are excited to unveil the E90D midi excavator, a machine that not only delivers superior horsepower but also emphasizes versatility, customization and safety,” says Dan Kakareka, product manager for New Holland Construction North America. “With features designed for the modern operator, the E90D is equipped to handle a wide range of applications, making it an indispensable tool for any job site.”

Designed to be cost-effective, the E90D midi excavator boasts a fuel consumption rate of just 2.5 gallons per hour. This efficiency, combined with a substantial 42 gallons per minute auxiliary hydraulic flow, positions the E90D as a powerful yet economical choice for contractors.

“When operators jump into the cab of the E90D, they will quickly discover why it stands out in the midi excavator category—delivering quality, comfort and performance that is second to none,” Kakareka states.

As the first chemical officer to serve as the Army inspector general, Lieutenant General Leslie C. Smith is widely respected for his approach to leadership rooted in the Army’s core values. Drawing from nearly 40 years of experience leading complex organizations and commanding military operations, Lieutenant General Smith will share what it means to be a fearless and compassionate servant leader. Gain invaluable insights on decision-making, risk management and accountability.

Join PNC for this special event honoring Veterans Day and Military Family Month. 

Wednesday, November 20, 2024

1–2 PM ET | 12 CT | 11 MT | 10 PT

REGISTER NOW

Presenter 

Lieutenant General (LTG) Leslie C. Smith, US Army (retired) currently serves as the Vice President for Leadership and Education, Association of the United States Army, the Carter Chair for leadership at Parker College of Business – Georgia Southern University, director on several corporate boards and the CEO for LV Smith consulting Group LLC. LTG Smith received his commission from Georgia Southern University (GSU) in 1983 as a Field Artillery Officer. In 1985, he graduated from GSU with a bachelor’s degree in accounting and as a distinguished military graduate and branched as a Chemical Officer. 

LTG Smith’s final assignment on active duty from 2018 to 2021 was as The Inspector General, Office of the Secretary of the Army, the first Chemical officer to serve in that position. As a general officer his assignments included the 25th Chief of Chemical and Commandant of the United States Army Chemical, Biological, Radiological, and Nuclear School, Commanding General 20th Support Command (CBRNE) (responsible for leading Explosive Ordnance disposal and CBRN Soldiers in 15 states and 3-5 countries, the commanding general the United States Maneuver Support Center of Excellence and Fort Leonard Wood, the first chemical officer to do so. 

LTG Smith holds a Master of Science degree in administration from Central Michigan University and a Master of Arts degree in national security strategy from the National Defense University. He is married to Vanedra, they have two grown daughters one serving as an art director in Austin and the other who is 2018 GA southern graduate and graduated in May 2024 from Howard Medical school.

Opening Remarks 

Stacy M. Juchno is executive vice president and the general auditor for The PNC Financial Services Group. She is responsible for all aspects of the internal audit function providing assurance on the effectiveness of PNC’s risk management, control and governance processes to the audit committee and board of directors. Juchno is the executive leader of the PNC Military Employee Business Resource Group and a member of the PNC Foundation board of directors. 

Juchno serves on the board of directors and finance committee of the Veterans Leadership Program. She is the vice chair on the board of directors of the United Way of Southwestern Pennsylvania and is on the United way Women’s Leadership Executive Council. She services on the American Heart Association Heart Walk Executive Leadership Team and is the co-chair of Executive with Hearts. In addition, Juchno serves on the advisory council for the Humane Animal Rescue and serves as the chair of the Finance and Audit Committee, as well as the board of trustees at Gannon University. 

Juchno is a certified public accountant and a graduate of Gannon University (Erie, PA).

Moderator 

Ryan Smalley is an executive vice president and Chief Operational Risk Officer at The PNC Financial Services Group. As a risk domain leader within Independent Risk Management, he is accountable for oversight and challenge of operational risks across the enterprise. 

In his previous role, Smalley served as PNC’s Chief Information Security Officer (CISO) and PNC Technology’s first line risk executive. Prior to joining PNC in 2011, Smalley spent 6 years within the Federal sector of IBM’s Global Business Services supporting the Central Intelligence Agency and the National Geo-spatial Intelligence Agency among others. Previously, he served over ten years as a Naval helicopter pilot including a tour in Iraq and a counter-narcotics tour with Special Operations in Central America. 

Smalley is an adjunct professor at Carnegie Mellon University’s Heinz college where he teaches courses on IT processes, business leadership, and enterprise architecture. He earned an MBA degree at Georgetown University, and an undergraduate degree from the United States Naval Academy in Annapolis, MD. 

Closing Remarks

John Urban is a vice president and Business Strategy and Analytics Senior Manager at the PNC Financial Services Group. He leads a team focused on strategic and process improvement initiatives within PNC Private Bank. Urban also serves as President for PNC’s largest Military Employee Business Resource Group chapter. 

In a previous role Urban acted as Program Manager within PNC’s Technology and Innovation organization, supporting PNC’s adoption of Agile practices. Prior to joining PNC in 2016, Urban served ten years as a Marine Corps infantry officer. His service included two overseas deployments to Afghanistan. 

Urban is a graduate of The George Washington University in Washington, D.C.

As global supply chains continue to grapple with unprecedented challenges, the industry is being tested like never before.  DP World and Supply Chain Dive’s studioID survey-driven report “Supply Chains Prepping for a Greener, More Agile Future” underlined the nature of these concerns. The report indicated that market variability, limited capacities for rapid adaptation and Environmental, Social and Governance (ESG) all top the list of concerns for logistics leaders.

Disruptions from geopolitical tensions are exacerbating supply shortages and inflating costs, while extreme weather events, ongoing cyber threats, and labor shortages compound the crisis. Natural disasters, from wildfires to floods, have delayed shipments, while regulatory pressures around sustainability and compliance continue to mount. These obstacles have had devastating consequences, causing delays, price surges, and operational inefficiencies that threaten the stability of even the most robust supply chains. 

With such a perfect storm of risks, the question remains: How can supply chains future-proof themselves against these escalating threats and ensure resilience in the face of relentless disruptions?

Leveraging AI and Emerging Technologies

Deploying generative AI (GenAI) effectively throughout supply chains is key. According to Gartner Inc., GenAI is projected to power 25% of logistics Key Performance Indicators (KPIs) by 2028, helping companies automate and optimize everything from demand forecasting to route planning. By leveraging GenAI and machine learning, supply chains can analyze massive data sets, predict disruptions, and enhance decision-making. As McKinsey notes, during the pandemic in China, Nike used predictive-demand analytics and radio frequency identification (RFID) technology to reroute inventory and mitigate sales losses caused by store closures.

Building Resilience through Supplier Diversification

Diversifying supplier networks enables companies to mitigate risks from geopolitical conflicts, natural disasters, and supply shortages. The rise of nearshoring and friend-shoring, where businesses align with trusted partners in more stable regions, is helping to reduce reliance on single suppliers and vulnerable regions. For example, after the 2011 earthquake in Japan, Orkestra notes that Toyota revamped its supply chain, diversifying its suppliers to recover more quickly from subsequent disasters. According to a McKinsey survey, 60% of companies responding now report comprehensive visibility into their tier-one suppliers, though visibility into deeper tiers remains a challenge.

Strategic Inventory Management and Buffer Stocking

Strategic inventory management is another critical innovation that helps supply chains withstand disruptions. The just-in-time (JIT) model many companies relied on before the pandemic has proven vulnerable, leading to a shift toward maintaining buffer stock at critical points in the supply chain. For example, in response to tariffs and supply chain uncertainties, importers of semiconductors and electric vehicles have begun stocking up earlier to avoid shortages and manage costs more effectively (KPMG). While maintaining higher inventory levels can increase costs, it also ensures that companies can continue operations during supply shortages or price surges, helping to future-proof their supply chains against unexpected disruptions.

End-to-End Digital Integration for Real-Time Visibility

Digital integration across the entire supply chain is becoming essential for businesses aiming to improve operational efficiency and reduce risks. By connecting every link in the chain—from procurement to distribution—companies can achieve real-time visibility and anticipate disruptions before they escalate. Predictive analytics and Internet of Things (IoT) sensors provide insights into potential delays, allowing businesses to optimize routes and inventory levels. For instance, companies that have embraced integrated systems can track shipments in real-time, adjusting to tariff changes or natural disasters without significant delays. Moreover, businesses that adopt digital technologies to improve visibility and dynamic operations, as Capgemini observes, experience faster response times and more efficient supply chain management.

Sustainability and Circular Supply Chains

With rising ESG pressures, supply chains are increasingly focusing on sustainability initiatives. According to Xeneta, in Q1 2024, the global Carbon Emissions Index hit an unprecedented 107.5 points, an increase of 15.2% from 2023. In response, companies are adopting low-carbon carriers and sustainable procurement practices. Companies are also investing in green and circular supply chains, ensuring that sustainability is embedded across the entire value chain. For instance, according to McKinsey, following the implementation of digital twins to optimize energy consumption and reduce waste over the past decade, Henkel has cut energy use by 40% and waste by 20%.

By embracing these innovative approaches—AI, supplier diversification, strategic inventory management, digital integration, and sustainability—companies can future-proof their supply chains against the complex and evolving challenges of the global market. Each of these strategies not only mitigates risks but also enhances operational efficiency, positioning businesses for long-term success in an increasingly volatile world.

To learn more about how supply chains are preparing for a greener, more agile future, click here. You can download a copy of DP World and Supply Chain Dive’s studioID report “Supply Chains Prepping for a Greener, More Agile Future” by clicking here.

October 29, 2024 /3BL/ – E+E Leader is thrilled to announce the call for entries for the 2025 E+E Leader Product & Project Awards, an esteemed annual program celebrating companies that demonstrate industry leadership and innovation in sustainability, energy efficiency, and corporate social responsibility.

With a respected panel of more than two dozen industry experts serving as judges each year, the E+E Leader Awards offer unparalleled recognition for forward-thinking companies dedicated to advancing impactful energy and environmental initiatives within their organizations.

Companies with breakthrough products, solutions, and projects are encouraged to enter for a chance to be named a 2025 E+E Leader Award winner.

This year, the awards celebration will feature live winner announcements from April 1-3, 2025, in Orlando, Florida, co-located with NAEM’s TECH25 and OPEX25 conferences. Join industry peers to celebrate, network, and showcase your sustainable innovations.

Why Enter the E+E Leader Product & Project Awards?

Elevate Your Company Profile: Gain recognition as a leader in your category.Engage with Peers: Network with top professionals and potential collaborators.Contribute to Progress: Share success stories to inspire industry-wide change.

Submission Information

Entry Deadline: December 6, 2024

Award Categories Include:

Product Categories

Business & Infrastructure Solution: Technologies enhancing corporate sustainability.Consumer & Residential Solution: Eco-conscious products for consumers and households.Software & Cloud Solution: Digital innovations advancing energy management and efficiency.

Project Categories

Energy Innovation: Groundbreaking projects in energy management.Environmental Impact: Initiatives with measurable environmental and ESG impact.Software Implementation: Strategic software solutions addressing operational challenges and specific case studies and use-case scenarios.

Our streamlined Award entry platform enables companies to fine-tune their submissions up to the final deadline, ensuring their achievements are showcased at their best. Each entry is then evaluated and scored by an independent panel of esteemed industry experts, providing a prestigious endorsement for winners.

What Past Winners Are Saying

“Winning this award was a game-changer for us—it brought us recognition within the industry and created new networking opportunities we hadn’t expected.” – [Past Winner, Energy Innovation Category]

“Being recognized by the E+E Leader Awards has motivated our team and strengthened our relationships with clients.” – [Previous Winner, Environmental Impact Category]

To learn more and start your entry, visit the Environment+Energy Leader Awards.

About Environment+Energy Leader

Environment+Energy Leader provides critical news, research, and resources for senior leaders dedicated to advancing sustainability and energy efficiency. Our award-winning publication reaches over 200,000 unique monthly readers and more than 60,000 social media followers, serving as a hub for news, information, thought leadership, and best practices—for a sustainable tomorrow.

Media Contact

Kay Harrison
Communications
E+E Leader
Kay@environmentenergyleader.com
www.environmentenergyleader.com

HAMILTON, Bermuda, October 29, 2024 /3BL/ – Bacardi Limited is celebrating a significant leap on Forbes’ list of World’s Top Companies for Women 2024. Ranking for a third year in a row on the prestigious list, the 2024 placement puts Bacardi at #132 and nearly 200 points above last year, reflecting an ambition of continued progress. It also features Bacardi as the only pure spirits player on the list this year.

Women in Leadership is among the key pillars of the company’s Belonging program, which strives to create a space where everyone is treated fairly and provided equal opportunities. Belonging at Bacardi is a global movement focused on creating programming, development opportunities and more in support of underrepresented groups, including women, in the spirits world.

The work we do to maintain a positive workplace at Bacardi matters and makes a difference to our people. At Bacardi, we seek to keep raising the bar and are continuously pushing to be better and do better as we build a pipeline of talent and a roadmap for future generations of leaders.”

Leila Stansfield, Global Belonging Lead and Head of Global Travel Retail for Bacardi

Bacardi maintains gender equity in recruitment, turnover, pay, engagement and sense of belonging and 43% of leadership positions are held by women. The company is intentional about having balanced representation at core development programs which help propel talent to the next level of their Bacardi careers. It is a member of associations that develop programming and resources for women in the industry and supports community programming that creates opportunities for women in the workplace – both within and outside the spirits world.

This recognition by Forbes reflects our collective efforts to create an environment where top talent can thrive. As a leader in the spirits industry, we have a responsibility to set the tone and create the opportunities for everyone to succeed.”

Scott Northcutt, SVP Human Resources, Bacardi Limited

Produced in partnership with market research firm Statista, the ranking is based largely on survey responses from approximately 100,000 women working for multinational corporations across 37 countries. The Forbes list research rated companies across a series of gender-related topics, willingness to recommend the company, workplace satisfaction, and more. It also considers public opinion through a women-only survey and looks at the makeup of leadership.

Bacardi was recently named by Forbes among 2024 World’s Best Employers, where it took the #2 spot in its category, and ranked #18 in the 2024 World’s Best Workplaces™ presented by Great Place To Work®.

Read more about the methodology here and access the full list from Forbes.

About Bacardi Limited

Bacardi Limited, the world’s largest privately held international spirits company, produces, markets, and distributes spirits and wines. The Bacardi Limited portfolio comprises more than 200 brands and labels, including BACARDÍ® rum, PATRÓN® tequila, GREY GOOSE® vodka, DEWAR’S® Blended Scotch whisky, BOMBAY SAPPHIRE® gin, MARTINI® vermouth and sparkling wines, CAZADORES® 100% blue agave tequila, and other leading and emerging brands including WILLIAM LAWSON’S® Scotch whisky, D’USSÉ® Cognac, ANGEL’S ENVY® American straight whiskey, and ST-GERMAIN® elderflower liqueur. Founded more than 162 years ago in Santiago de Cuba, family-owned Bacardi Limited currently employs more than 8,000, operates production facilities in 11 countries and territories, and sells its brands in more than 160 markets. Bacardi Limited refers to the Bacardi group of companies, including Bacardi International Limited. Visit http://www.bacardilimited.com or follow us on LinkedIn or Instagram.

BETHESDA, Md., October 29, 2024 /3BL/ – WHC (Wildlife Habitat Council) and Suppliers Partnership for the Environment (SP) have released a suite of resources focused on the use of nature-based solutions (NbS) to prevent pollution in the automotive industry. These resources were made possible through funding from the EPA Region 4 Source Reduction Assistance (SRA) Grant Program, which supports pollution prevention across the southeastern region of the U.S.

“The use of NbS is of increasing interest to corporations and these solutions are not only well-suited to prevent pollution, but they also uplift biodiversity and promote community well-being,” said Margaret O’Gorman, President, WHC. “With our partner SP, we are proud to support automakers in their nature-positive journey by offering a host of tools that provide digestible and useful information about NbS.”

Informed by a 2022 workshop with representatives from various automotive manufacturing and supply companies, WHC and SP developed various tools to support the implementation of NbS to address pollution in the auto industry, including:

White paper comprised of real-world case studies illustrates how automakers are utilizing NbS around the world to prevent pollution.Detailed report examining various NbS by category, including details about the costs, benefits and challenges associated with each solution.Decision tree accompanying the report to assist companies in determining the most effective NbS based on site, pollution prevention needs, budget, operational phase and other factors.

“Companies in the automotive industry are continually seeking new opportunities to improve environmental performance by implementing pollution prevention projects,” said Kellen Mahoney, Director of SP. “We are proud to be able to collaborate with WHC to support automakers and suppliers in their pollution prevention efforts by supplying these easy-to-use resources that can help answer their questions about the emerging area of nature-based solutions.’

The resources produced through this EPA grant are available for free at: https://www.wildlifehc.org/nature-based-solutions-for-pollution-prevention/

About SP

The Suppliers Partnership for the Environment (SP) provides a forum for global automotive manufacturers and their large and small suppliers to work together toward a shared vision of an automotive industry with positive environmental impact. Learn more at www.supplierspartnership.org.

About WHC

WHC has been working at the nexus of business and biodiversity for 35 years and is the only international NGO focused exclusively on enabling private sector action for nature. WHC builds strategies and frameworks for companies to integrate nature with climate, equity and engagement to support sustainable ecosystems and healthy communities. WHC’s corporate members represent some of the leading national and multinational corporations. WHC-certified programs can be found in 19 countries and 48 U.S. states. Learn more at www.wildlifehc.org.

ROCKY HILL, Conn., October 29, 2024 /3BL/ – Henkel, a leading manufacturer of well-known consumer and industrial brands, such as Dial® soap, all® laundry detergent, and Loctite®, Technomelt® and Bonderite® adhesives, sealants, and functional coatings, will promote careers in manufacturing with high school students in recognition of Manufacturing Day, held annually on the first Friday in October. Henkel facilities will continue to hold events throughout the month, designed to highlight the careers available in the manufacturing industry and empower the next generation of talent.

Employees from Henkel’s facilities in Delaware, OH; Richmond, MO; and Salisbury, NC will host in-person events throughout the month of October with local high school students, sponsored by the Manufacturing Institute, the workforce development and education affiliate of the National Association of Manufacturers (NAM). Students will learn about Henkel’s innovative technologies, production processes and career opportunities through guided site tours and discussions with site leaders.

As a new activation for Manufacturing Day 2024, Henkel’s Mentor, OH facility will also attend a local high-school career fair, bringing Henkel’s innovations in production, sustainability accomplishments, and focus on a culture of belonging to a wider range of students in the area.

Henkel’s Manufacturing Day events are just one aspect of the company’s commitment to education and continued investment in opportunities that provide students of all ages access to Science, Technology, Engineering, and Math (STEM) resources and STEM-related career information.

“I am proud of Henkel’s long legacy of introducing young people to the dynamic world of manufacturing and other STEM-related careers.” said Pernille Lind Olsen, President, Henkel North America. “I am also honored to now serve on the Board of Directors at the National Association of Manufacturers and assist in creating awareness about the wide range of opportunities within manufacturing and inspire the next generation through cross-industry events like Manufacturing Day. We need this to future-proof operations across the industry. Henkel looks forward to hosting and engaging students across the region to reinforce the rewarding careers that manufacturing has to offer.”

“Since 2012, Manufacturing Day has helped students discover financially rewarding job opportunities. Over the next decade, manufacturers will need to fill 3.8 million high-skill, high-tech and high-paying jobs, and Manufacturing Day is our chance to build excitement and bring the possibilities and rewards of a career in modern manufacturing to more students and people nationwide each year,” said Carolyn Lee, President and Executive Director of the Manufacturing Institute. “We thank Henkel for their steadfast support in educating the future workforce through Manufacturing Day and other programs.”

Diversity and inclusion are not only core elements of Teva’s cultural DNA, they are also key in realizing our Pivot to Growth strategy.

Meet Dr. Eran Harary, SVP of Global Early Clinical Development, who explores the neuroscientific processes that empower people managers to harness inclusivity and diversity—ultimately driving innovation and elevating performance.

Diversity in the workplace is a characteristic of teams rather than individuals. More specifically, diversity comes from the collective composition of a team. This perspective highlights the value that each person brings to the table. The combination of unique perspectives is what drives innovation and performance. Studies show that inclusive teams can improve performance by as much as 30%, and diversity of thinking can enhance team innovation by up to 20%.

However, neuroscience research shows that humans naturally favor others similar to themselves because it’s cognitively easier. Working with people who are different from us and hold diverse perspectives requires more effort because more resources are needed to process different ideas and ways of thinking. This effort creates cognitive and emotional discomfort, which is a challenge to all of us.

When we work with people who are different from us, we naturally encounter contradictory views, which often leads to friction or conflict. This creates an experience of discomfort within the team. When this discomfort is managed effectively, it can drive higher performance and innovation. When we and our team members embrace discomfort, it opens them up to new ideas and perspectives. Homogenous groups may have a more pleasant working experience, but diverse perspectives lead to better outcomes.

“Inclusive leaders can leverage their teams’ potential for creativity, better decision-making, and finding new solutions to old or long-existing problems.”

On an individual level, the feeling of belonging, driven by inclusion, is linked to a 56% increase in job performance, a 50% drop in turnover risk, and a 75% reduction in sick days. Inclusion also positively impacts our wellbeing, reducing social anxiety, loneliness and depression, while improving mood and overall health.

Inclusive leaders can leverage their teams’ potential for creativity, better decision-making, and finding new solutions to old or long-existing problems. This not only enhances performance but also boosts innovation.

My team has prioritized creating an environment where every voice is heard and valued. By encouraging open dialogue and actively seeking out diverse perspectives, we have been able to tackle challenges from multiple angles and come up with innovative solutions.

Teva has recently launched a first-of-its-kind AI-based learning program to provide our managers with essential skills to leverage diversity. This will serve our Pivot to Growth strategy and will provide managers with valuable tools to create a more inclusive work environment and better leverage team diversity by utilizing the various experiences and perspectives within our teams to deliver exceptional results, leading to more exciting innovation.

Watch the full interview with Eran here.