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Leadership and Innovation with Steve Sukup

Leadership and Innovation with Steve Sukup

FromFarm4Profit Podcast


Leadership and Innovation with Steve Sukup

FromFarm4Profit Podcast

ratings:
Length:
51 minutes
Released:
Mar 21, 2022
Format:
Podcast episode

Description

Steven E. Sukup  was born in Sheffield, Iowa and attended the Iowa State University  with a degree in Industrial Engineering.  A Republican, he served in the Iowa House of Representatives from 1995 to 2003  for Iowa’s 18th district.  Steve is now the President and CEO of Sukup Manufacturing. We don’t get to interview very many guests that have their own Wikipedia page!Our goal in the conversation today is to help provide insights to our listeners on how they can become better leaders to help them grow and ultimately leader to higher farm or business profitability.Let’s first roll through a little of the Sukup History – Giving us a starting Point for perspective on this conversation:Eugene Sukup, a young farmer, found drying to be slow, and pockets of grain began to overheat and spoil. Eugene began making the stirring augers and he patented the idea for the Stirway® stirring machine, and Eugene and Mary Sukup founded Sukup Manufacturing Co. in 1963. Sukup continued to expand the company to include a full line of grain handling products, including dryers in 1998. (Nearly 60 years in the grain bin industry as family owned)After serving as the President of his company for 32 years, Eugene Sukup turned over the position to his son, Charles, in 1995. His son Steve served as the company Vice President and Chief Financial Officer. Steve also served in the Iowa Legislature from 1994-2002 and was Speaker Pro Tem of the Iowa House of Representatives.What did you learn about yourself to balance your responsibilities as an elected official and the family business day to day responsibilities?What were some key things you learned about your state during your time as a representative?Eugene held the role of Chairman of the Board, and was active in the business until passing away in July 2018. What were some of the big characteristics of your dad that made him who he was and led to his success?Also, what about traits your brother Charles has that led to his success in the 25 years as CEOIn 2001, Sukup took a significant step and began manufacturing the grain bins themselves providing a “one stop shop” for grain storage and handling needs, and becoming an innovation leader in the bin industry with multiple patented features.On February 1, 2020, Charles Sukup transitioned to Chairman of the Board, and Steve Sukup assumed the role of President and CEO. Much of the family is involved in the company.What about having family involved in the success of Sukup makes them even more special?How does your family handle the regular company struggles when working with family?Do the family dynamics in Sukup resemble those dynamics of a family farm?Sukup Manufacturing Co. has kept its home in Sheffield, Iowa, the same community where Eugene and Mary founded the company in 1963. It employs more than 600 people.Ten years after a massive earthquake devastated Haiti, there are more than 300 Sukup SafeTHomes® in Haiti, and nearly 400 total worldwide. Sukup partners with non-profit organization GoServ Global to distribute these hurricane-proof structures for post-disaster relief.Where or who did the idea come from for the safe-t-home project?Sukup Manufacturing Co. remains the world’s largest family-owned and operated manufacturer of grain storage, grain drying and handling equipment, and steel buildings.Sukup Manufacturing doesn’t get to where it is by accident.  There has been some great leadership before you and with your contributions as well.  How can our listeners start working on themselves to be better individual leaders for the farms, their families, and their communities?Q: WHAT IS THE BEST ADVICE YOU’VE EVER BEEN GIVEN?A: I like to say that moving targets are harder to hit. So as long as you’re making progress, moving forward, make sure you have good information, make a decision, and then work hard to make it a success.Q: YOUR FAMILY IS ON A FIRST-NAME BASIS WITH MANY PEOPLE IN THE STATE AND ACROSS THE INDUSTRY. YOU’VE BEEN GENEROUS IN SHEFFIELD, AT IOWA
Released:
Mar 21, 2022
Format:
Podcast episode

Titles in the series (100)

Our mission is to provide farms and operators an independent and unbiased outlet for information related to increasing the profitability of their farming operation. We will be providing farms and operators of all sizes and experience levels access to the latest trends, projections, and the tools necessary to increase farming profitability. We will take each episode to deliver latest news, what's working for active farms, and a topic of focus each episode. Remember, if you aren't farming for profit you won't be farming for long.