by Nancy Cates, contributing writer Plastics Business When Derrill Rice was selected as president and chief executive officer at Plastic Components, Inc., he and the leadership team agreed that company culture was a key element in the hiring decision. Rice, who began his career as a front-line supervisor in a textile plant, had led six organizations in five industries in … [Read more...] about PCI Focuses on Culture through Ownership, Leadership Transitions
Culture
Recent Acquisition Relied on Relationships, Fit
by Dianna Brodine, managing editor Plastics Business In October, two Ohio companies merged to operate under one ownership umbrella as Thogus (Avon Lake, Ohio) acquired Proto Plastics (Tipp City, Ohio). Separated by nearly 200 miles, the two plastics processing entities were connected by a thread that ran through MBS Advisors and a meeting a few years ago at the Manufacturers … [Read more...] about Recent Acquisition Relied on Relationships, Fit
Sales Culture Eats Strategy for Breakfast
by John Waid, founder C-3 Corporate Culture Consulting Chick-fil-A produces twice as much revenue as any other fast food chain, and its restaurants are closed on Sundays. When the founder of Chick-fil-A was asked why the company was so successful, he mentioned that the company’s success comes from its people, saying, “Putting people before profits is how we've tried to … [Read more...] about Sales Culture Eats Strategy for Breakfast
Communicating Ideas for Improvement at Thogus
by Lara Copeland, contributing editor Plastics Business As the old saying goes, “What gets measured, gets done,” and Thogus, Avon Lake, Ohio, takes this idea to heart. Founded in 1950, Thogus began as a tool and die company. Now, a custom plastic injection molder and contract manufacturer, Thogus develops solutions for multiple industries, including small appliance, … [Read more...] about Communicating Ideas for Improvement at Thogus
Creating Successful Cultures
by Dianna Brodine, managing editor Plastics Business This summer, I had the opportunity to participate on a selection committee for a local leadership award. The process included three separate review phases over the space of two months, culminating in a final group meeting where 12 people discussed the final nominees before naming the ultimate list of award honorees. In … [Read more...] about Creating Successful Cultures