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Grow Your Business 150x by Focusing On Your People! An Interview With Jim Derry
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Do you know how rare it is to see a huge focus on culture and people on a 10 year strategic plan? It is extremely rare. In the 12 years that I've been in the HR Business, I don't know if I've ever seen a plan like that for a smaller business. Jim Derry’s company, Field Fasteners, have a 10 year plan that has six pillars and three of them have to do specifically with their people and their culture. The bottom line is this, when you focus on your people, you get more profitability, which is what Jim and his business partner have done. They bought Field over 30 years ago and the first 15 years they didn’t have this focus on people. But then they turned the corner and decided to put the focus around their people and they grew significantly - to the tune of going from $8M to over $100M in a commodity business selling Class C goods. So if I can re-emphasize one thing to you is this - when you focus on your people. You get more profitability.
In this episode, you will learn:
- How to recruit top talent through the power of identifying your core values and culture fit
- How Jim Derry grew his company by 150X by focusing on people first
- Why culture needs top priority in a strategic plan
- How to keep recruiting costs low and retention high through the power of culture
- Much more!
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About Turning The Corner HR
The world of work is more complicated than ever, and traditional HR has struggled to keep pace. When it comes to creating and sustaining healthy, thriving cultures, small businesses suffer the most.
Turning the Corner is the remedy. Today’s high-tech, low-touch, cookie-cutter approaches simply don’t work for small businesses. Experience, judgment, and relationships have been replaced by technology in the name of efficiency with disastrous results. At Turning the Corner, we understand your challenges are as unique as the company itself. We design personalized HR approaches that w
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