Approximately 75% of all small business owners are retiring or near retirement, and what happens to the company when owners want to exit is a pressing concern. This workshop will highlight the value of Succession Planning and the process of identifying new leadership or ownership. Hear real-world examples of different outcomes comparing what happens with and without a well thought out succession plan. Learn more about the process and what resources are available to support business owners as they retire.
Planning for What’s Next: Succession Planning
Traditionally, industrial robots have been used on mass production lines, where the same manufacturing operation is repeated many times. Recent advances in human-safe industrial robots present an opportunity for creating hybrid work cells, where humans and robots can collaborate in close physical proximities. This capability enables realizing systems that utilize the complementary strengths of humans and robots. Several new low-cost robots have been introduced in the market over the last few years, making them attractive in many new manufacturing applications where robot utilization is not expected to be very high. This makes the idea of hybrid cells economically viable for small volume production. At the same time, recent advances in artificial intelligence are striving to make industrial robots more agile, with the ability to adapt to changing environments and tasks. Additionally, recent advances in force and tactile sensing enable robots to be used on complex manufacturing tasks. These new capabilities are expanding the role of robotics in manufacturing operations and leading to significant growth in the robotics area. The workshop will focus on recent development in the area of collaborative robotics and their applications in manufacturing.