Wayne, Penn. — Leaders from Lumbermen’s Merchandising Corporation member companies gathered virtually for the LMC Leadership Summit Sept. 23-24. The theme of the sixth-annual event, “Building an Innovative Culture,” was designed to allow attendees to explore the role of innovation and creating a culture of adaptability in uncertain times, LMC announced.
Moderator Dr. Kathy Pearson, CEO of Enterprise Learning Solutions, a strategist, systems thinking expert and authority in decision making, along with Dr. Todd Henshaw, senior fellow at the Wharton School’s Center for Leadership and Change Management led the first day.
The speakers made the case, particularly in the current environment, that an organizational culture of adaptability is even more critical to success and long-term sustainability. They provided concrete actions for these leaders to foster a culture of innovation and experimentation.
Day two focused on an innovation tournament, LMC said. In the first phase, attendees were invited to submit innovative ideas using a special industry case study. The ideas were reviewed in breakout sessions where idea owners worked to solicit feedback to enhance their original proposal. Each group then voted on the best idea that would move forward in the tournament. In the final phase, each group idea was reviewed by all attendees who then voted to choose a finalist.
Closing the Summit, Elliot Eisenberg, a PhD. and internationally-acclaimed economist specializing in making economics fun, relevant and educational took a deep dive into housing and housing indicators going into the fourth quarter of 2020, along with his outlook for 2021.
“Coming off of yesterday’s conference, I just have to say it was a huge success! Pulling off something truly of high value in a fully digital format is no easy task, and it was very well done. There were tangible takeaways, action items for any level of leadership, great thought provoking exercises that can be duplicated within our own companies, and this was all done while being both engaging and relevant,” said Kylie Holland from Curtis Lumber.