Danish Dynamite: Top 25 Supply Chain Executives 2020
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Fourth ranking of Denmark’s supply chain leaders Danish Dynamite: Top 25 Supply Chain Executives 2020 For the fourth consecutive year, Based on a thorough and exten- The award is sponsored Supply Chain Leaders Forum sive analysis of a triple-digit by Syncronic Management (SCLF) is celebrating the foste- number of very strong leaders Consulting and consists of ring of great supply chain lea- across Danish companies and a creative statuette by artist ders at Copenhagen Business organizations, SCLF and the lea- Åse Højer, and a valuable School. SCLF is a collaboration ding headhunter Korn Ferry have SCM problem analysis. between CBS, DTU, IDA Operati- evaluated and prepared a ran- ons Management and the associ- king of the Top 25 Supply Chain ation AAASCM. Executives in Denmark. By Henrik Knak, Partner in Syncronic Management Consulting SUPPLY CHAIN LEADERS FORUM The 9th Supply Chain Leaders Forum many exciting presentations and discus- and the association AAASCM, with a strong Ferry represented by senior client partner 2020 very early in the annual preparations sions. From reinventing the business mod- support from Syncronic. In addition to Katriina Lillelund Schøier, member of the during springtime concluded that the el, over circular economy tier-1 and tier-2 honoring students from both CBS and DTU global Supply Chain & Operations COE. corona-situation would force the event to collaboration to the challenge of turning for the best academic assignments that bring This year, Torsten Steenholt, Executive re-innovate itself and to go online. Hence, the green business case into real value and value to business, the conference reached its Vice President and Chief Operating Officer we transformed the event to a studio-based harvesting the benefits. peak with the unveiling of the best supply at Chr. Hansen A/S ranked #1 in Denmark. setup with guest speakers from around The main purpose of the conference was chain leader in Denmark 2020. The award the world and with a few guest physically to bridge research and business, education was presented by partner in Syncronic Hen- Ranking Denmark’s Top 25 visiting the SCLF studio located at CBS and practice across commercial and techni- rik Knak grounded in a thorough analysis To produce this ranking of the Top 25 in Copenhagen. Supported by technicians, cal domains. This conference is a unique ex- that includes a broad and comprehensive Supply Chain Executives in Denmark, professional video and sound equipment, ample of how business and technical univer- assessment of many criteria. The data we initiated with a long list of triple-digit and members from the involved organ- sities and private companies can collaborate collection, analysis and the final selection number of senior leaders in bigger isations: CBS, DTU, IDA Operations across institutions. The event is organized were carried out by the SCLF board in close companies Management and AAASCM. This year, the as a collaboration between CBS – Copenha- collaboration with the executive search event attracted over 250 registered partic- gen Business School, DTU – the Technical company Korn ipants. University of Denmark, IDA Operations The conference theme ‘Green Supply Management, Chain Management – from plan to Track record & reputation action’ offered 4 Lighthouse Recommendations from leading Job 3 Danish CEOs complexity Organisational and academic Input from Korn Ferry Financial 2 roles global Supply Chain CoE performance SCOR functions covered University lectures Local market intelligence 1 Geographical footprint Conference appearances and insight from Korn Ferry Revenue Supply chain complexity Articles, interviews Peer review from EBIT Supply chain maturity and SCM statements SCM professors and consultants Return on Capital Employed (ROCE) Growth in Revenue Growth in EBIT Growth in ROCE RANKING CRITERIA Top 25 Ranking Supply Chain Executives 2020 2 SUPPLY CHAIN LEADERS FORUM situated in Denmark. We then took the for each of the Supply Chain Executive. models as the most important and press were asked to do reviews and leaders below following four overall factors into consid- This included span of control based on the releases as the least. were in some cases confronted with their eration: SCOR model (Buy, Make, Deliver, Plan) E.g. chairman roles in SCM associations, experiences. Based on all these 360-degree and were often correlated to the executive driver positions in SCM related national feedback the net list of executives was 1 Company: Financial performance level of the leader. projects and examinator at universities scored and ranked. 2 Role: Job complexity Secondly, the geographical scope indi- were valued at five points. University 3 Impact: Lighthouse cated each executive’s geographical area of lectures were awarded four points each, to Total score 4 Person: Track record & reputation command with global scope as maximum highlight and recognize those executives The total score for each factor (ranging score. who prioritize and focus on sharing knowl- from 25 to 0 point) was added together to Based on detailed evaluation criteria shown Thirdly, the supply chain complexity was edge, promoting education and attracting arrive at this ranking of the Top 25 Danish in the figure page 2 each factor were ana- evaluated to gain insight into the dynamic promising new talent to the supply chain Supply Chain Executives. lyzed, evaluated, rated and distributed on system of operation within each company. sector. Participation by the Danish supply a scale from max 25 points to 0 points. The Finally, the supply chain maturity was chain executive in keynote presentations winner is the person with total max score. assessed based on the Gartner model. In a or conferences was valued at three points level-one stage or per event. Interviews and own articles in ‘reactive’ supply chain, the focus is solely a weekly, monthly, quarterly or annual 1 based on the business unit. If the supply publication received two points each. Company: Financial performance chain is in a level-five stage of maturity, As a first step, company success was as- technology supports complete orches- sessed based on the latest financial results, tration and value is created for the entire 4 represented by the revenue and EBIT, and network. Person: Track record & reputation ROCE. This entailed extracting the compa- As a final qualifying and most impor- nies’ revenue details and EBIT results from tant step, senior client partner, Katriina their annual reports. 3 Lillelund Schøier from Korn Ferry’s Supply Furthermore, we compared performance Impact: Lighthouse Chain & Operations COE unit assess the in 2019 and 2018 to quantify and evaluate In the third step, we assessed how well the executives track records and personal the improvement in revenue, EBIT and executive succeeded in exposing the supply reputation. Grounded in an evaluation of SUPPLY CHAIN ROCE. chain concept to an audience beyond the the full list of qualified executives, a net EXECUTIVE persons own company. We looked at role list of the topmost qualified executives was model engagements that the leader was developed. The headhunter qualified this 2 involved in outside the company, keynote list further by contacting key people over 2020 Role: Job complexity presentations and university guest lectures, and above the executive to understand the During second step we assessed the press releases and interviews. These criteria performance and track record of the execu- complexity of the leader’s responsibility were then given a weighting value with role tive. Peers inside and outside the company Top 25 Ranking Supply Chain Executives 2020 3 SUPPLY CHAIN LEADERS FORUM And the winner is Torsten Steenholt, EVP and COO at Chr. Hansen A/S science. Torsten is involved in several Mr. Steenholt holds a strong background non-executive board roles in successful from blue-chip supply chain companies, FMCG-companies but also engages him- has consistently demonstrated strong self in delivering presentations, lectures, results over his career and is a strategic interviews, video-casts and tweets about thinker with a holistic end-to-end supply various supply chain and leadership topics. chain view. His market reputation from During the initial COVID-19 crisis he current and former peers, superiors and actively tried to motivate operations people other stakeholders is very strong, and he is across Denmark via the association Danish a persuasive people leader with an ability SUPPLY CHAIN Industry to keep up the good faith and to build high performing, diverse teams. spirit while being safe and delivering good He shows strong supply chain capacity also EXECUTIVE supply chain management. beyond Chr. Hansen – being a true supply The company, Chr. Hansen has under chain role model for all of us. his leadership delivered increasing perfor- Finally, and beyond the formal scoring 2020 mance across all key financial dimensions, criteria, it is worth to mention that the and the supply chain has matured to a level winner is capable of living a balanced The four criteria described previously have aspiring to Gartners level 4. Despite a very work-life with time for his wife and three thoroughly been leveraged, and the result complex global setup with 12 plants and 20 kids, running marathon, reading books discloses a very senior leader, though still distribution centers supplying to a global and playing with gadgets. And once COV- fairly young: 51 years, given his executive market, he and his team have secured an ID-19 is more contained I am sure he will status for more than 3 years. agile, yet resilient and efficient operation again pick up on his eagerness to explore The winner of the SYNCRONIC award across the planet. And this in a such sus- the world and new parts of our beautiful for Best Supply Chain Leader in Denmark tainable manner that it contributed via UN earth. 2020 goes to a person that hold excellent Sustainability Development Goal number track records from leading positions in 12 to place Chr.