Novanni Stainless Turnaround Journey
Would you like to join us on a turnaround journey?
Since our acquisition of Novanni Stainless Inc., a manufacturer of stainless steel sinks in Coldwater, Ontario, Scott has dedicated a series of Martinis With Scott episodes to documenting the company’s turnaround. Will we succeed? Are we making the right moves? Let’s find out together.
Spoiler alert: It’s going pretty well so far.
Part 7 is linked below. Search back on the Martinis With Scott channel to see the prior episodes and subscribe for future updates!
That you Scott for this information.
Key takeaways for me were….
To be present as a leader – I had a client tell me that how he appreciates when his advisors will make time to meet with him personally
Have pride in your work space – one of my successful clients had the cleanest plant ever, I used to love to get a plant tour, you could eat off the floor
Change is to focus on the positive – it reminds me of the book “how to win friends and influence people” no person succeeds under duress
80/20 rule – a lot of profit is coming from 20% of the products, know where you are making the money
Excellent takeaways, Giselle. The commonality of your points is the idea of creating positive, winning momentum. Pick something easy, like cleaning up, and win.
Hi Scott. I was just watching part 7 of Novanni turn around you mentioned employee morale and being fearful. I was wondering what you have done to address those issues if anything.