Taking Flight The Future of Aviation with Mike Ingram
Insights from Aviation Leader Mike Ingram
I’m thrilled to share some incredible insights from our latest episode featuring Mike Ingram, a powerhouse in the aviation, defense, and aerospace sectors. His journey is packed with lessons that can propel your business to new heights. Here’s a sneak peek:
Key Takeaways from Mike Ingram’s Journey:
Leadership in Small Businesses:
Hands-On Approach: Mike emphasizes the importance of being deeply involved in the technical aspects to communicate effectively with your team and understand customer needs.
Agility Over Bureaucracy: Small businesses offer the flexibility to innovate quickly without the red tape of larger corporations.
Navigating International Business:
Cultural Adaptation: Mike’s experience in Shanghai taught him the value of understanding and adapting to different business practices and cultural nuances.
Building Relationships: Success in international markets often hinges on fostering strong relationships and understanding the intentions of your counterparts.
Emerging Technologies in Aviation:
Autonomy and Innovation: Exciting trends like unmanned drones and autonomous cargo aircraft are reshaping the industry. Mike’s companies are at the forefront of these advancements.
Networking and Trade Shows: Engaging with industry events and trade shows is crucial for staying ahead of technological trends and identifying growth opportunities.
Leadership Philosophy:
Ethical Decision-Making: Success is not just about financial gains but also about making ethical choices and maintaining integrity.
Employee Engagement: Creating a culture of open communication and trust is vital for attracting and retaining top talent, especially in niche markets.
Challenges and Strategies:
Talent Acquisition: The “Great Resignation” has made finding and retaining talent challenging. Mike’s solution? Implementing the Entrepreneurial Operating System (EOS) to streamline operations and align the team.
Customer-Centric Innovation: Building credibility through smaller projects can lead to larger opportunities. Mike’s company was recently recognized as Supplier of the Year by Collins Aerospace, a testament to this approach.
Why You Should Listen:
Real-World Insights:** Mike’s extensive experience with giants like GE and Honeywell, combined with his current roles, offers a unique perspective on leading growth-stage businesses.
Actionable Strategies:** From leadership to innovation, Mike shares practical advice that you can implement in your own business.
Inspiration for Entrepreneurs:** Whether you’re an aspiring entrepreneur or a seasoned business owner, Mike’s journey is a powerful reminder of the importance of passion, dedication, and ethical leadership.
Tune in to this episode to gain a wealth of knowledge and inspiration from one of the industry’s leading figures. Let’s elevate our businesses together!
Feel free to share your thoughts and feedback. I’d love to hear how these insights resonate with you and your business journey!
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Mike Ingram
President & CEO
Mike Ingram serves as the President & CEO of Maverick Investment Company, Shadin Avionics, and Electronic Concepts & Engineering (ECE). Under his leadership, Shadin and ECE excel in designing and manufacturing embedded, certified, and ruggedized processing platforms, fuel flow transducers, and data conversion products. Mike is currently leading the turnaround of these businesses, achieving a 20% CAGR. He is a seasoned executive with a track record of leading organizations ranging from startups to billion-dollar enterprises across global aerospace markets.
In his career, Mike has demonstrated exceptional ability to quickly assess business health, create profitable strategies, develop innovative products, and drive growth through top and bottom-line expansion. Prior to his current roles, he was the Vice President and General Manager of the Avionics Business Unit at Honeywell Aerospace, overseeing strategy, product management, and sales for the $2 billion Business and General Aviation, Air Transport, and Military division.
Mike's international experience includes serving as Vice President of Strategy and Growth at AVIAGE SYSTEMS, a GE Aviation/AVIC Joint Venture based in Shanghai, China. He also held senior engineering and product management roles at Avidyne Corp. Throughout his career, he has built and led large teams, established and repaired billion-dollar customer relationships, launched numerous New Product Introductions (NPIs), and led many certification programs. Additionally, Mike has contributed to industry advancements as a member of … Read More