A Palladium Energy Perspective

Read the Palladium Energy Perspective for thought leadership, market trends and other interesting tidbits on the battery industry.

Our future as the world’s largest portable power integrator

Tuesday, May 05, 2015

Yesterday, about 200 engineers, professionals and power solutions manufacturing experts from Palladium Energy and ICCNexergy came together for an exciting announcement - our two great companies will be merging operations, creating one of the world’s largest portable power solutions providers. Our combined team (which totals more than 3,300 global employees) expressed enthusiasm about our future as one company and what this means for the future of portable power. Now, I’m excited to share this news with the broader industry and business community. 

KRG Capital Partners has acquired Palladium and is merging the brand’s operations with ICCNexergy, which is a KRG portfolio company and headquartered just miles from Palladium’s headquarters in suburban Chicago.

With over 435,000 square feet of manufacturing space across 14 facilities and four continents, our combined company is equipped to meet the rising demand for portable power. By 2020, Gartner estimates that 25 billion Internet-connected devices will be on the market. As OEMs look to power the next generation of portable devices, ICCNexergy and Palladium expect that in less than three years, we will have manufactured 1 billion portable power solutions for mission-critical applications ranging from medical devices to consumer electronics. With expertise in lithium, solid state, and other battery technologies; as well as the design, engineering and manufacturing of charging systems, our combined company is leading the industry with total portable power solutions.

I look forward to serving on the executive team of this new company alongside a team of leaders with more than 200 years of experience. Together, we’re already hard at work ensuring a seamless transition, and we look forward to revealing our new brand identity in the near future.

To our customers, prospects and employees - we look forward to your continued support as we power the world’s future. For more information on this announcement, click here.
- Anson Martin, Vice President of Global Sales and Business Development

GET OUT OF YOUR COMFORT ZONE ... Become More Visible. (Part 2 of 3)

Tuesday, April 21, 2015

Hard work and passion can payoff. But, pushing yourself out of your comfort zone OFTEN and doing things that make you more versatile, more visible and create value will advance your career.

My last post was about becoming more versatile within your function and cross-functionally. Today, I’m focusing on becoming more visible. From my experience, there are two different ways to do this… in and out of the office.

In the Office: There are typical things you’d expect me to write about here like volunteering for the unwanted project or sitting on an internal committee. Yes, you should do these to become more visible. BUT—I want to give you a different perspective when volunteering for one of these … pick the right project/committee based on the following:

  • Ability to Impact Change: If the project will be a game changer for your company (will build enterprise value like establish a patent or some other piece of IP) or if the committee will impact change (a new policy, an awards program, etc.)—definitely participate. These will be high visibility in the organization to your supervisor and others higher-up in the food chain
  • Working with Different People: Work with other people outside of your core, everyday team. By doing this, you’ll raise your visibility in a broader sense, open yourself to learning from new people plus garner more understanding of what others have going on in their areas at the (going back to my versatility post)
  • Lead and then Lead Some More: By volunteering you’re stepping up and leading to a certain extent. But if there is an opportunity to own a part of the project or lead the entire initiative—seize it. Don’t sit on the sidelines. Being in a leadership position will create more attention and visibility.

Whatever you do when you participate in a project or sit on a committee… communicate, communicate, communicate. Have an opinion. Offer relevant input. Praise others when appropriate. Challenge when the time is right. Whatever you/your team achieves, make sure your supervisor is aware of it. You have to help yourself build your own profile and visibility … and eventually others will do it for you.

Out of the Office: One of the best things I did earlier on in my career was getting involved in an association based on my foundational experience—for me this was the American Marketing Association. Involved is the key word here. It’s just not about attending events. It’s about volunteering your time and talents. I first sat on a committee, the Board then eventually became President of the Atlanta chapter.

Hands down:

  • Great way to build/hone leadership abilities and other skills you may not use in the office
  • Great way to show your employer your drive, passion and motivation
  • Great networking
  • Great way to grow your functional expertise or help you become more versatile

If you are really a solid contributor, it can also be a great way to be recognized in your industry and by your peers … and this can speak volumes to your employer. If your employer is career-development focused, they will support you in this effort, allow some time to contribute to the association and even pay for your dues. This involvement not only helps build your profile and raise visibility, but helps build your employer’s brand and reinforce value proposition…and can help grow the business as well, good for future recruiting, etc. Find the association that’s right for you and your company.

Get out of your comfort zone & advance your career by being more visible—in and out of the office. Palladium Energy is a technology and engineering company that develops portable power solutions for the world’s largest device brands across medical, military/government, industrial and commercial markets. We aspire to be an Employer of Choice…this includes giving our employees every opportunity to get involved in and out of the office.

JOIN OUR TEAM TODAY. We are looking for talented electrical and mechanical engineers in the Chicagoland area to help us further push innovation. #workatpalladiumenergy

Thoughts? Comments? Stay tuned for part 3 focused around creating value.

 

--Rebecca Kritzman, Director, Strategy, Marketing & Communications, Palladium Energy

GET OUT OF YOUR COMFORT ZONE ... & Advance Your Career (Part 1 of 3)

Thursday, February 12, 2015

I recently read that talent only goes so far...and that passion and hard work will help you succeed and go further in your career than you ever imagined. This really resonated with me as it has been my experience that passion and hard work really do pay off. But in addition to those things, I also know that you need to get out of your comfort zone OFTEN and do different things that make you more versatile, more visible and create value to advance your career.

Today I want to focus on becoming more versatile. There’s a couple ways to do this:

    1. Within your Function: Learn enough to be dangerous in all aspects of your core function be it finance, human resources, marketing, sales, operations, etc. For example, within my core function of marketing—there is strategy, research, communications, media planning, public relations and an entire host of channel expertise needed to round out the function. Earlier on in my career, I worked on not only understanding, but getting hands-on experience doing most everything within the marketing function (and I continue to do so as marketing evolves). You can be excellent at one thing – but being really good at many different things will make you more versatile within your core function, and a lot more valuable. Employers love this.
    2. Cross-functionally: Get ready to REALLY get out of your comfort zone. It’s intimidating to go outside of your core expertise. But, once you understand how other functions operate and how they impact the business, the more rounded and versatile you’ll be (and more value you will add to the business by having a 360 degree perspective). This doesn’t mean you get into everyone’s proverbial “sand-box” (still adhere to the black lines between functions), but you drive to understand the business fundamentals of each function, how they operate and their Key Performance Indicators (KPIs). Mentorship is key here…and this provides a perfect opportunity to find a mentor that is in a leadership position in a different function (start with the function you have the least experience with or is difficult for you to understand).
    Get out of your comfort zone & advance your career by being more versatile in your current function and across other functions. Palladium Energy is a technology and engineering company that develops portable power solutions for the world’s largest device brands across medical, military/government, industrial and commercial markets. We aspire to be an Employer of Choice…this includes giving our employees every opportunity to get involved and work on career-challenging /growing projects in a supportive environment.
    JOIN OUR TEAM TODAY. We are looking for talented electrical and mechanical engineers to help us further push innovation and we have other open positions as well at our corporate headquarters in the Chicagoland area.Stay tuned for part 2 focused around becoming more visible and part 3 around creating value.

--Rebecca Kritzman, Director, Strategy, Marketing & Communications


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