Friday, December 8, 2017 8:30 AM 900 Chelmsford Street ... · THE 2000s. 2000. Relocated corporate...
Transcript of Friday, December 8, 2017 8:30 AM 900 Chelmsford Street ... · THE 2000s. 2000. Relocated corporate...
MIDDLESEX 3 COALITION
The Middlesex 3 Coalition was incorporated in 2012 as a regional collaboration among public and private leaders along Route 3 in Middlesex County.
Middlesex 3 communities include:
•Town of Bedford•Town of Billerica•Town of Burlington•Town of Chelmsford•Town of Lexington•City of Lowell•Town of Tewksbury•Town of Tyngsborough•Town of Westford
MEMBERSHIP
Middlesex 3 Coalition is a 501(c)6 non-profit entity comprised of regional stakeholders including leaders in finance, education, medical, real estate development, engineering, non-profits and the community
at large.
MIDDLESEX 3 BOARD OF DIRECTORS
Richard ReedBedford Town Manager
John CurranBillerica Town Manager
John PetrinBurlington Town Administrator
Paul CohenChelmsford Town Manager
Kevin MurphyLowell City Manager
Matt Hanson Tyngsborough Town Manager
The Middlesex 3 Coalition has 16 member Board of Directors, consisting of six municipal chief executives and ten regional leaders from Middlesex 3 companies and educational institutions.
Judy BurkeMiddlesex Community College
Mark ReardonCBRE
Pamela AnastasiEnterprise Bank
Steven TelloUMass Lowell
Robert BuckleyRiemer & Braunstein
Scott WeissGutierrez Company
Michelle SnyderLahey Health
Michelle DavisLowell General Hospital
Dean LaMotheE Ink
Katie EnrightHoward Stein Hudson
Middlesex 3 Target Issues
• Promote & Market Middlesex 3 Corridor
• Improve Regional Transportation
• Promote Educational and Workforce Resources and Grants
• Encourage Real Estate Development
• Promote Infrastructure, Utility and Permitting Improvements
• Connect Business Leaders to Key Contacts in the Region
SPONSORSHIP OPPORTUNITIES
What’s Happening in Middlesex 3:The Middlesex 3 Coalition started the “What’s Happening in Middlesex 3” meeting series in 2017 to present and highlight development projects and initiatives in the Middlesex 3 communities and businesses. These meetings attract around 25-70 Middlesex 3 members and non-members.
Sponsorship: one meeting for $200 or six meetings for $1,000.
Business Leadership Series:The Middlesex 3 Coalition started the Business Leadership Series in 2016 to bring together leaders from the area corporations, educational institutions, and municipalities to network and dialogue on initiatives to improve business competitiveness and growth in the Middlesex 3 region. These events attract 100-200 attendees from the region and the Greater Boston area.
Sponsorship: $1,000
Annual Meeting 2018: The Middlesex 3 Coalition will be hosting their fifth Annual Meeting in the Spring of 2018. This event highlights the accomplishments of the Middlesex 3 Coalition over the past year and includes a keynote speaker(s) that speaks to the Coalition’s initiatives. This event attracts around 100-200 attendees from the Middlesex 3 region and Greater Boston area. Speaker TBD.
Sponsorship: $1,000
What’s Happening-iRobot
Business Leadership-Seth Moulton
Annual Meeting-2017Event sponsorships include: logo on all promotional material, table and banner at event, and receive
list of attendees.
SPONSORSHIP OPPORTUNITIES
Draft cover- subject to change
The Middlesex 3 Coalition’s business resource guide will highlight the region’s business resources, to encourage companies to relocate or expand in the Middlesex 3 area.
This publication will be used by municipalities and private entities working with companies that are relocating or expanding to the region. It will include information on education, workforce, transportation, business resources (federal, state, local), healthcare, communities, housing, recreation and culture, real estate, utilities, etc.
Advertisements - We are seeking businesses interested in advertising in this resource guide. Advertisements will include a full page color ad on the inside of the resource guide (approximately 8.5” x 5.5”). Advertisements are $2,500 each and all advertisements must be approved by the Middlesex 3 Marketing Committee.
Sponsorships – In addition, we are seeking business sponsorships for the resource guide. All sponsors will have their business logos (1”x 1” logo) on the back of the resource guide. Sponsorships are$500 each.
Currently working with graphic designer to draft brochure.
UPCOMING EVENTS
January 19, 2018Lowell Five and the Town of Tewksbury8:30-10:00 AMLowell Five HQ’s30 International PlaceTewksbury, MA Join us for our next What's Happening in M3 meeting in Tewksbury at Lowell Five's new headquarters. This casual discussion with town officials will provide us with an update on current/future economic development initiatives and development projects in Tewksbury. Lowell Five will also provide us with updates on current business initiatives & tour.
February 8, 2018Instrumentation Laboratory (IL) and the Town of Bedford8:30-10:00 AMInstrumentation Laboratory 180 Hartwell RoadBedford, MA 01730Join us for our next a What's Happening in M3 meeting in Bedford at Instrumentation Laboratory. This casual discussion with town officials will provide us with an update on current/future economic development initiatives and development projects in Bedford. Instrumentation Laboratory will give us an overview on who they are and what they do.
To obtain more information on Middlesex 3, please contact:
Stephanie Cronin
Executive [email protected]
Erin KokindaMarketing & Membership Coordinator
www.middlesex3.com @middlesex3
We believe great businesses are powered
by great people
To be a great business you need to create and manage
an engaged workforce
Workforce solutions that are purpose-built for your
industry and all of your employees
WHO IS KRONOS?
We believe great businesses are powered by great people
To be a great business you need to create and manage an engaged workforce
DESIGNED FOR YOUR INDUSTRY WHEREVER YOU DO BUSINESS
CONTROL LABOR COSTSMINIMIZE COMPLIANCE RISK
IMPROVE WORKFORCE PRODUCTIVITYENGAGE EMPLOYEES
Forecastingand Scheduling
Time andAttendance
AbsenceManagement
Analytics
Data Collection
Activities
ONE UNIFIED PLATFORM FOR YOUR ENTIRE WORKFORCE
ATTRACT AND RETAIN TALENTENGAGE YOUR WORKFORCE
MANAGE EMPLOYEE LIFECYCLE
Benefits
Human Resources
Payroll
Leave
Scheduling
Time & Attendance
Compensation
Performance
Recruiting
Control Labor Cost
Minimize Compliance Risk
Improve Workforce Productivity
• Increase Revenue• Expand Margins• Build Better Products• Provide High Quality Patient Care• Improve Customer Satisfaction
Drive Better Outcomes
Complex union requirements –e.g. United Auto Workers
Companies with multiple union contracts in force
UNION LABOR RULES ACA, FMLA, IRS rules, etc.
Federal / state / local requirements
GOVERNMENTLABOR RULE COMPLIANCE
GLOBALCOMPLEXITY
Language / Currency
Government labor policies widely vary by country
COMPANYSPECIFIC
Unique policies Pay policies
DIFFERENT TYPES OF EMPLOYEES
Hourly workers Salaried workers Part-time / full-time / contingent
Employee availability, preferences, and skills
Fluctuating workloads Balancing cost and
customer satisfactionSCHE
DULI
NGDE
MAND
S
Vacation accruals Sick time Compensation time Point systems
NON-PRODUCTIVE
TIME
Time-off requests Shift swaps Self service Overtime equalization
EMPLOYEEDEMANDS
GEOGRAPHICCHALLENGES Multiple facilities / locations Working in multiple locations Access to information Reporting and analytics
VERTICAL SPECIFIC REQUIREMENTS Multiple jobs – Higher
Education Shift bidding – Public Sector Fatigue management –
Transportation
Acuity level and certifications – Healthcare
Task management – Retail Work order tracking –
Manufacturing
RULESManage Employee Lifecycle
Workforce solutions purpose-built for different industries and all employees
Drive Employee Engagement
Attract & Retain Talent
$1Billion Global Workforce Solutions Company
Using Kronos solutions every day30,000+ organizations……employing 40+ million people…in more than 100 countries
THE
1970s and 1980s 1977 Kronos Incorporated founded
by MIT alum Mark Ain
1979 Delivered industry’s first microprocessor-based time clock
1983 Relocated corporate headquarters to Waltham, Mass.
1985 Introduced PC-based product, Timekeeper Central
1986 Established presence in Canada
THE
1990s1990 Established presence in United Kingdom
1992 Filed IPO and began trading on Nasdaq
1995 Established presence in Mexico
Annual revenues exceeded $100 million
1996 Introduced client-server product
Established presence in Australia
1998 Introduced web-based product
THE
2000s2000 Relocated corporate headquarters to Chelmsford, Mass.
2001 Delivered Workforce Central product suite
2002 Introduced Kronos 4500 time clock
2003 Completed 40th acquisition
2005 Aron Ain assumed role of CEO
Reported 100th consecutive quarter of revenue growth and surpassed $500 million in revenue
2006 Established presence in China
2007 Became private-equity owned company
Established presence in India Launched The Workforce Institute at Kronos
THE
2010s2011 Introduced Kronos InTouch time clock
2012 CEO Aron Ain named “Entrepreneur of the Year” by E&Y
Delivered Workforce Ready cloud human capital management product suite
2014 Surpassed $1 billion in annual revenue
Named the top (Large) place to work in MassachusettsThe Boston Globe
Surpassed products being used in 100 countries Surpassed 10,000 customers in the Kronos Cloud
2015 Shipped one-millionth time clock
2016 CEO Aron Ain named “Highest-rated CEO” by Glassdoor
Surpassed 30,000 customers worldwide Surpassed 5,000 Kronites worldwide
2017 Kronos to relocate corporate headquarters to Lowell, Mass.
$271 $295 $342 $397 $451 $519 $578
$680 $715 $672 $741 $799
$870 $975
$1,040 $1,089 $1,195
$1,305
FY00 FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17
2
Strong track record of consistent execution – grew revenue every year except one over the past two decades
$MILLIONS
REVENUE GROWTH
The Kronos fiscal year ends September 30. 1.$Millions: Non GAAP – Excludes certain non operational adjustments such as purchase accounting.
Track Record of Outstanding Financial Performance
6% 9% 16% 16% 14% 15% 11% 18% 5% (6%) 10% 8% 9% 12% 7% 5% 10% 9%
Kronos
ADP
OracleSAP
Other
6%6%
14%
24%
50%
Kronos
ADPOracleSAP
Other
4%6% 22%
34%
50%
Source: IHS Research
50%
34%
WORLDWIDEMARKET SHARE
AMERICASMARKET SHARE
GLOBAL LEADER IN WORKFORCE MANAGEMENT
Research and development investments
$50 $52
$71 $73 $70 $74$88 $91
$101 $100 $104
$133$142
FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17
R&D SPEND
$500M+ IN PAST 5 YEARS ON R&D
$ MILLIONS
90%of new customers choose Kronos Cloud24,000+
in the Kronos Cloud!
Kronos Cloud Growth Rate
Arcos Dorados
Being a great employer is a key strategy
5,300+ KRONITES
“Customers will never love a company until the employees love it first.”Simon Sinek, Author, Start With Why
87% Global
Engagement
WORKINSPIRED
5,300+ KRONITES
92% Proud to work
for Kronos
89% Confident in our future success
30% New hires
are referrals
Employee Engagement: a Strategic Weapon
Kronos Cloud Customer First User Experience One Workforce
Cloud PlatformMultitenant Design
Put Ourselves “Out of Business”
Unprecedented service
Deep Industry Expertise
Know Me; Lead Me; Connect Me; Empower Me
Designing Next Generation Products
Built for the Entire Workforce
Hourly and SalaryBlue Collar and White
Collar
Built for MobileResponsive DesignIntuitive Interface
Workforce Dimensions™: A next generation product for the workforceWorkforce Dimensions changes the game for Managers, Employees & IT
2 RevolutionizeWorkforce Management
+ =1
Deliver innovation
& differentiation
+3
Protect customers’ investment
Build a platform for the
future
UNBURDEN THE MANAGER
EMPOWER THE EMPLOYEE
LEVERAGE LATEST TECHNOLOGY
PROVIDE FEATURE PARITY
SIMPLIFY MIGRATIONS
How to Solve the Problem
aligns with organizational goals
under roof1Growth
Equality
Connections
Functionality
Amenities
the advocacy group
leadership
departmental contacts
corporate real estate
Kronos’ entire population
change management
Design Influencers & Change Management
work environment
collaboration, space types, sizes & technology
finishes roomnaming
amenities
the advocacy group
culture
Design Influencers & Change Management
The Kronos culture is…
RESPECTFUL
HARDWORKING
ENGAGED
COLLABORATIONCHALLENGED
INSPIRING
TRANSPARENT
CARINGCOMMUNITY +FAMILY
ORIENTED
FRIENDLY
DEDICATED
WARM
INTEGRITY
Need to physically see one another rather than emailing.
Add the word “flexible”. Good balance between business time and “my time”.
“ “
STATE OF
The Kronos work environment should be…
HIGH-TECH
INVITING + COMFORTABLE
INSPIRING
C O L L A B O R AT I V E
FLEXIBLE INNOVATIVE
MODERN + COOL
COMMUNITY ORIENTED
FOCUSED
WARM
DYNAMIC
C O N N E C T E D T O A L L
THE ART
Equitable.
Access to features & amenities for all.
Desirable (appeal).
Productive.““
Consistent look.
Functional technology.
Equal access to natural light & amenities
Consistent in approach
Differentiate where impactful
Choice of collaboration spaces
Design choices with balance & flexibilityVisibility & connection among Kronites
Reinforce “Customer First” & the brand
Guiding Design Principles