Nexstar is a member-owned business development and best practices organization for independent contractors. Terry Tanker recently interviewed Greg Niemi, the group's CEO. They discussed growth strategies, high-performance teams, making an honest dollar, and where the industry will find its next-generation workforce.
I have a small assortment — '65 Harley M50. Ski-Doo snowmobile. Sea Ray Runabout. Downhill skis. Convertible. Bicycles (with flat tires). Snowblower (that I actually like to use).
An original dealer clock from my grandfather's Hudson car dealership.
... wrestled at 98 pounds for two years in high school.
It plays a huge role. Trane is a great company. I received a diversity of experience. It was a great springboard for me for gaining experience working with contractors, marketing, field service, finance, leadership and management, process improvement, and more.
Performance. Counsel. Honesty. Guidance. Clarity. They expect me to lift them up when they may be down by helping them get focused on the right things.
We build our culture with a shared vision, common goals, high expectations, and accountability.
It is all about people and gratitude. Everything begins and ends with thanks.
At Nexstar it's our Code of Ethics and Member Values. Personally for me those values are integrity, never failing to respond, never touching a dishonest dollar, and having a heart.
We share our vision with clarity and purpose. Once that's accomplished, it's up to our membership, directors, and talented staff, and they are the ones that deserve all of the credit.
Being plugged into a network of high performers and models to emulate. We also provide systems and tools, training, and a way to keep up with trends.
Leaders are very visible in tightly held organizations, but leading in a fish-bowl makes you stronger. You must be a role model, practice what you preach, be highly accountable, and employ best practices.
Absolutely. People are good. People want to do good things. Life is all about simple things. People care to do business with those who care. I'm somewhat of an idealist. I love when everybody is smiling: customers, employees, partners, etc.
Several. Its probable that we have seen the bottom because the rates of decline are showing signs of improvement, and we are seeing positive indicators. At the same time it is really tough, the toughest I've seen. This recession has been of historic proportion. My goal is to help people keep their chins up. Your head must be up in order to see what lies ahead.
They grow with more solutions — specifically line extensions, trade extensions, market expansion, marketing, and guidance from our business coaches and fellow members. Our members practice fundamentals, have sound financial management, and have a "can do/will do" attitude fueled by the Nexstar support system.
It's important for them to see themselves as the victor, not the victim; and it is a good time to re-examine everything they are doing.
The solution is more important than the product. Consumers want solutions that reduce energy costs, are scaled to smaller homes, don't always require wholesale replacement of equipment — they are emphasizing repairs more — and they are priced right.
Being profitable. Period. They need to have cash reserves to continue marketing but should consider alternatives such as electronic listings versus printed lists. And they can't forget about their people. Companies need to train to retain the best.
The industry will face an even more serious labor shortage when recovery occurs. Responding begins with attracting talent to the trades. We all have a responsibility to do this. The good news, in general, is enrollment in trade schools is now rising as people re-train themselves.
Change. Social Media.
Today we are having a sidewalk chalk art contest to celebrate Independence Day, if weather permits. If it doesn't, it will be a flipchart art contest. Easy, simple, no-cost, and fun. There are so many things, like putt-putt golf, bowling, cooking out, contests, prize wheels, dress-up theme days. Just commit to doing it.
It’s a time for change that can signal an opportunity for the future.
The details that make branding work. Think of branding as long-term success.
Publisher Terry Tanker spoke with Jeff Underwood, President of RectorSeal. The two discussed living in Texas, family, selecting a management team and introducing new products.
Micromanagement is a prevalent issue in many workplaces, yet few are willing to openly address it.
They discussed how to introduce students, educators and parents to the plumbing, heating, cooling and electrical trades. And how contractors, distributors and manufacturers can support the effort.