Page 39 - FINAT Yearbook 2014

THE LABEL INDUSTRY MANAGES LIFECYCLE CHANGE
FINAT YOUNG MANAGERS CLUB
LEARNS HOW TO LEAD THE WAY
Many of the entrepreneurs who, in the 1970s and 1980s, created the extraordinary web of small label printing businesses that formed the backbone of today’s massive global industry are today retirees. Their companies – which have claimed some 50% of the world’s label business – have been the subject of M&A activity, of cross- border partnerships. However, as in all family businesses, as time moves on, they are the subject of generation change. FINAT’s Young Managers Club – a lively part of the European self-adhesive labelling association’s infra- structure– is dedicated to making that process work.
GREAT IDEAS WITH LIMITED RESOURCES
The FINAT Young Managers Club held its second Summit in Warsaw in November 2013. Its headline – ‘great ideas with limited resources’ – was chosen to reflect the challenges the industry faces in terms of rising costs and competitive technologies, but most of all to create a professional platform for grasping, and successfully developing, future business opportunities. Some40‘young managers’ from companies representing the self-adhesive labelling supply chain across Europe and beyond, came together at the Summit to benefit both from a strong agenda that combined the context of the industry with leading- edge management practice, and valuable networking opportunities.
‘WE ARE YOUNG, AND EAGER
TO LEARN’
Opening the formal Summit, Young Managers Club President Dana Kilarska,
genuinely grateful for the opportunity the YMC has given me and my contemporaries to step into the future with the help of professionals ad experts who can really broaden our knowledge and capabilities. We are young, we are eager to learn!’
BUSINESS MODEL INNOVATION
Moderator Rainer Ulrich, from Rainer Etiketten (DE) posed the question
herself a young manager at from Purgina label printers (SVK), welcomed delegates, commenting: ‘I am proud to have been chosen to represent the new generation of our dynamic industry, and
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FINAT YEARBOOK 2014 |