“At this point, I cannot live without Strategex. I have brought Strategex into every business I’ve led. The results are always transformative.”
Leading 80/20 Authority, Marc Fooksman to Present to The Manufacturers Alliance
Strategex's Marc Fooksman will present Navigating the Three Phases of Recession on Wednesday, March 8th to a closed group of manufacturing leaders.
About the Session
Don't panic; start planning. The companies who survive a recession—if not thrive after—have one thing in common: a strong plan. Recession survival and success will be determined by a leader’s commitment to strategy and ability to make critical decisions under pressure.
80/20 Expert and ITW alumni, Marc Fooksman will share his proven playbook to lead a company through a recession. He’ll show the audience how to prepare for and execute during each phase to ultimately outperform the competition, gain share, and recover faster.
Marc's session will be informative, inspirational, and full of real-world examples. The audience will learn to craft a recession strategy to minimize the impact, improve performance and drive growth.
Marc has held a range of professional roles, from General Manager to Group President. Early in his career, Marc gained experience in manufacturing, engineering, sales & marketing. Marc joined Illinois Tool Works (ITW) through acquisition and became one of the early adopters of the 80/20 process.
Over the next 25 years, Marc assumed increasing responsibilities, culminating in his roles as General Manager, VP/GM, and Group President. At his pinnacle at ITW, he was responsible for ten business units with over $330 million in revenue on four continents. His experience includes applying 80/20 principles to a variety of business models from standard products to custom-engineered solutions. Additionally, Marc has considerable experience in acquisitions and divestitures.
His last position at ITW was the 80/20 Director for the Food Equipment Group (a $2 billion segment). In this role, he significantly improved operating income, grew revenue, and reduced working capital requirements. Marc retired from ITW in 2014 and joined Strategex as an 80/20 Expert.
Besides his proficiency in 80/20, Marc is also an avid scuba diver. He has fed the stingrays in the Caymans, dove with the turtles in Hawaii, and swam with the sharks in the Bahamas.
Marc earned a mechanical engineering degree from Purdue University and an MBA from the University of Michigan.