Businesses exist to produce profits. More importantly, businesses exist to generate cash flow. Without cash flow, businesses fail. When businesses fail, people lose their jobs and the company obviously has no ability to create new jobs. I’m not sure why more leaders don’t communicate and teach the importance of cash flow.
What is Culture to Your Organization? At PFSbrands we conduct NPS surveys anonymously with our employee owners. We do this NPS survey twice per year and we ask our employee owners two very simple questions: “On a scale from 0 to 10 how likely are you to recommend PFSbrands as a place to work?” and […]
Coach Your People Up, or Coach Your People Out Rapidly growing companies and companies that consistently scale year over year are faced with a unique challenge. As a leader in a growing company you have to recognize this challenge and be willing to address it.
Open Communication and Opportunity As we wrap up our look at the PFSbrands Core Values, we finish with a Core Value that all great companies have in common and that is Open Communication. Then we look at the Core Value that every single one of our employee-owners should be excited for and that is ‘Everyone […]
Value Your Customers and First Impressions Today as we continue our discussion of the PFSbrands Core Values, I will cover a Core Value that can lead to a happy life, whatever that might look like to you. I’m a strong proponent of the fact that everyone should find the right structure and balance when it […]
Structure and Straight Talk Today as we continue our discussion of the PFSbrands Core Values, I will cover a Core Value that can lead to a happy life, whatever that might look like to you. I’m a strong proponent of the fact that everyone should find the right structure and balance when it comes to […]
Entitlements Do Not Exist Next up in our look at the PFSbrands Core Values is one Core Value I stress the most – Entitlements Do Not Exist. In today’s society, due in large part to our government, there are many people that feel entitled to things they haven’t worked for nor earned. In business, a […]
The No Complaining Rule As we work through our PFSbrands Core Values, we’ve covered such things as having a positive attitude to just simply having fun. Any one of our Core Values alone is a great value to live or work by, as a collective unit they can shape any company. Today we are going […]
The Golden Rule, Ownership Thinking & Be Positive Recently, I wrote about how in 2011 I sat down and with the help of my leadership team created our Mission, Vision, 5 Guiding Principles, and Core Values. I did this in order to ensure the company continues on a path consistent with my beliefs. Essentially it […]
Do you know what your company stands for? When I started Pro Food Systems in 1998, I had a vision of the company I wanted to build. However, in 1998 I really didn’t know what I didn’t know. In 2011, after nearly 12 years in business, Mark Gandy (now a great friend, mentor, and advisor) […]