“A quiet but consequential shift is unfolding across the Intermountain West,” writes Scott Cuthbertson of Alpen Associates. “Utah, Idaho and Wyoming are betting that nuclear energy will define the next era of industrial competitiveness.”
A news release this week from Movu Robotics described how the warehouse automation company had successfully completed phase one of a scalable warehouse automation conversion project at a conventional warehouse (pictured) operated by ODTH First Class Logistics in Rumst, Belgium. When the project is completed the Rumst facility will accommodate more than 31,000 pallet positions across 14,000 square meters of warehouse space. “Twenty autonomous Movu atlas shuttles will operate across four vertical levels, coordinated by five high-speed elevators,” the release explained. “With five inbound and seven outbound stations, the system is capable of handling up to 6,000 pallet movements per day — 3,000 inbound and 3,000 outbound — without compromising the site’s 24/7 operational commitments to its fast-moving consumer goods (FMCG) clients.”
“This partnership with ODTH proves that brownfield automation is not only possible, but strategic,” said Christophe Coulongeat, CEO of Movu Robotics. “By combining intelligent software with reusable infrastructure, we’re helping logistics providers build the warehouse of the future — today.”
The project and that statement put us in mind of the DesignFlex 2030 series of white papers published by the Industrial Asset Management Council (IAMC) and SIOR. The series launched in 2015 with a study of food processing facilities (“Recipe for Change: The Flexible Food Processing Plant of the Future”), continued with “Rx for Change: The Flexible Biopharmaceutical Facility of the Future,” published in March 2017, and included a March 2018 report entitled “Roadmap for Change: The Flexible Industrial Distribution Facilities Network of the Future.”
Since 2017, the state has committed more than $125 million in site development funding to support site development projects in communities around the state.
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A new report finds graduates from MIT Sloan School of Management generated an average alpha of 67%, outperforming the second-ranked program by 43 percentage points.
Photo by APCortizasJr: Getty Images
Does your c-suite live up to its collective reputation? If you’ve had your doubts, a new report from Paragon Intel, a provider of c-suite analytics for institutional investors, may back you up. The study reveals “a weak correlation between an executive’s educational or consulting pedigree and their ability to generate alpha for shareholders.” Key findings:
MIT Sloan Dominates MBA Programs: Graduates from MIT Sloan School of Management generated an average alpha of 67%, outperforming the second-ranked program by 43 percentage points.
Quantity Doesn’t Equal Quality: Harvard Business School produced the highest number of CEOs, yet their average performance was merely in-line with the market.
The Ivy League Advantage Proved Minimal: Ivies showed only a 3 percentage point alpha difference versus state schools. Both categories demonstrate stronger performance at the undergraduate level compared to MBA programs.
Consulting Firm Disparity: Among the “Big Three” consulting firms, former Bain & Company consultants delivered a positive 10% alpha as CEOs, while alumni from McKinsey & Company and Boston Consulting Group (BCG) meaningfully underperformed the market.
“Anecdotal evidence plagues c-suite ability assessment. Both boards and investors who rely on prestige as a proxy for management quality may see sub-par returns.” says Colby Howard, president and co-founder of Paragon Intel.
PHOTO OF THE DAY
Site Selection Publisher Laura Lyne made this photo this week of Bow Lake along the Icefields Parkway that runs from Banff to Jasper in Alberta, Canada. A short hike lakeside takes you to Bow Glacier Falls. In 1883, at “Siding 29” along the expanding Canadian Pacific Railway route under construction, three CP workers stumbled on a series of natural hot springs on what is now called Sulphur Mountain that eventually became part of the Banff tourism area. “Enlarged in 1887 and named the “Rocky Mountains Park of Canada” (later to be renamed Banff National Park), it was Canada’s first national park and the world’s third,” says the Banff & Lake Louise website.
