Wabash National Corporation · NYSE:WNC
Wabash National — 2018 Supplier Conference
20 slides from Wabash National's conference presentation, Sep 17, 2018
Slide 1: Paths of Change: Strategic Choices to Position Wabash for Growth
Brent Yeagy, President and CEO Wabash National Corporation Paths of Change: Strategic Choices to Position Wabash for Growth
Slide 2: Our World and Business Is Changing
Our World and Business Is Changing
Slide 3: How Our World Has Changed in One Year
How Our World Has Changed in One Year Globally • Tariffs • Supply Constraints • Competitive Labor Market • Changing Regulatory Environment At Wabash • Leadership Change • New Final Mile Products Business • Accelerated Positioning for Growth
Slide 4: People creating a better tomorrow. Putting People First
People creating a better tomorrow. Putting People First
Slide 5: Disruptive Change vs Evolutionary Change
Disruptive Change vs Evolutionary Change Disruptive vs Evolutionary • Exploits new and radical technology change • Unprecedented performance features • Disruptive internally and externally • High uncertainty, reality changes • Dramatically changes existing markets and creates new ones • Disruptive t
Slide 6: Becoming Agents of Change
Becoming Agents of Change What Compels a Leader to Disrupt Everything ?
Slide 7: Reality is Brutal
Reality is Brutal Leading at the critical moment takes trust , empathy and courage. Profitable Growth Time Strategic Inflection Point Without Adaptation NEW with Adaptation
Slide 8: Purpose Changes Over Time
Purpose Changes Over Time 1985 1996 2008 2013 Present Disrupt Thrive Survive Rebuild Disrupt Thrive Rebuild
Slide 9: Mega Trends Drive Growth Initiatives
Urbanization, Final Mile & Home Delivery Expansion of Cold Chain / Food Equipment Energy and Chemical Production, Storage & Transportation Increased Regulation (GHG, ELDs, Food Safety) Mega Trends Drive Growth Initiatives
Slide 10: New material technologies will improve durability, reduce weight and grow sales
New material technologies will improve durability, reduce weight and grow sales Molded Structural Composite (MSC) What Got Us Here Won’t Get Us There DuraPlate Cell Core DuraPlate Honeycomb Core
Slide 11: Final Mile Growth Accelerated with Supreme
Final Mile Growth Accelerated with Supreme Why We Chose Supreme • Accelerates growth in the ~$2.0B final mile equipment market • Builds on Supreme’s 43 - year heritage of truck body manufacturing and broad product portfolio • Distributive manufacturing footprint increases customer reach • Long - sta
Slide 12: Near-Term Strategic Priorities
Near - Term Strategic Priorities Molded Structural Composites (MSC) Commercialization Final Mile Products Growth Tank Trailer Optimization
Slide 13: Strategic Choices to Position for Growth
PEOPLE PURPOSE PERFORMANCE Strategic Choices to Position for Growth
Slide 14: The Wabash Management System
The Wabash Management System 1. TEAM 4. EXECUTION 2. GOVERNANCE 3. STRATEGY
Slide 15: Workplace Transformation
Digital Environment Systems Environment Physical Environment Workplace Transformation
Slide 16: It's a Ground War, Not an Air War
It’s a Ground War, Not an Air War Leading people through periods of change is not done at a distance . You have to keep grinding it out, pressing your people, acknowledging their fears, and pushing for those little changes in what they feel, believe and do.
Slide 17: True Innovation Has Risk and Failure
“Fear stifles our thinking and actions. It creates indecisiveness that results in stagnation.” – Charles Stanley True Innovation Has Risk and Failure
Slide 18: Closing Thoughts
Closing Thoughts 1 2 3 4 5 6 7 It’s hard to develop new ventures if you can’t stop the ones that are not working . The processes that make the core business strong may impede new business development . Corporate entrepreneurship is a collective effort , not an individual effort . Innovative thought
Slide 19: Becoming Agents of Change Together
Becoming Agents of Change Together What You Can Expect from Us Investing in People and Processes Commitment to Technology Willing to Take Chances Bold Moves Greater Velocity in What We Do Modern and Vibrant Culture What We Expect from You Be Willing to Evolve with Us Invest in Technology with Us Be
Slide 20: Thank You - 2018 Supplier Conference
THANK YOU 2018 SUPPLIER CONFERENCE