Keeping staff in the loop
by Catherine Woods - Tuesday, 29th January 2008
“We keep our staff far more informed than most companies,” Weaver says. “I share the pain and the joy.”
Premium Appliance Brands designs and sources appliance ranges for a number of distributors and retailers. The most recent figures for the business show turnover of £20.6m and growth tracking at 89 per cent.
Premium Appliance Brands employs 45 people, and Weaver says the contribution of each staff member is acknowledged so that people feel like they’re making a difference.
He adds: “I make a point of walking around the office. I know everyone’s first names and last names and what their interests are to try to get a commitment from everyone. We profit share with staff as well.”
Picture source
Tags:
business advice,
employees,
guy weaver,
staff member,
incentivising staff,
staff,
profit share,
managing staff,
premium appliance brands,
turnover,
Luxury boutique taps into time-poor set
By Catherine Woods - August 28, 2008 3:52pm GMT
Rous Iland managing director Clare Rous has found giving away control and managing growth the hardest aspects of expanding the luxury boutique she launched with fellow former lawyer Kara Iland.
"Solid" partners are vital for international success
By Catherine Woods - August 28, 2008 2:50pm GMT
North America, South America, the Middle East, Asia and Europe may be very different parts of the world but Stuart Whitwell maintains there are common ways to grow your business in all of them.
Peter Jones scuppers firm’s chances in the Den
By Rebecca Burn-Callander - August 28, 2008 12:10pm GMT
Telecoms “expert” Jones makes a blunder which sees Romi Parmar, founder of The 3G Dating Agency, leave the Den sans investment and bearing a grudge.
Dragons' Den: "The pitch was a doddle"
By Kate Pritchard - August 27, 2008 9:53am GMT
When Neil Westwood and his wife Laura appeared on Dragons’ Den with their pitch for the Magic Whiteboard, four out of the five dragons wanted to invest. “You spend three months preparing for the show. I don’t understand how you could possibly cock it up,” he says.
Flexible working seduces senior staff
By Catherine Woods - August 26, 2008 4:40pm GMT
RadioWorks chairman Stan Park joined the entrepreneur-led radio advertising specialist based on the strength of the business model but also because of its flexible working policies.
Ashoka and the art of social entrepreneurship
By Matthew Rock - August 27, 2008 11:36am GMT
We strongly recommend this interview with Bill Drayton, founder of the Ashoka organisation that brings together the world's finest social enterprises.
Dragons’ Den: Where are they now?
By Rebecca Burn-Callander - August 21, 2008 5:02pm GMT
If you (like us) were wondering whatever happened to all those businesses that faced the Dragons’ wrath in the Den over the past six series, look no further.
How do you fund your growth?
By Zarrin Lilani - August 20, 2008 4:09pm GMT
As the economic situation worsens in the UK, we’re hearing reports that smaller businesses aren't managing their finances in the best way.