An interviewee recently asked me what I’m most proud of about GWC. I instinctively reached for two charts.
Chart 1:
I have always believed that the truth is in the numbers. Having worked with many people over the years who do everything they can to talk around and even avoid the facts, I’ve taken the opposite approach: Transparency. In fact, I like to tell people that I should be judged on more than my effervescent personality ;) Instead, I believe that any individual or company should be primarily evaluated on the points they put on the scoreboard.
To that end, the GWC profitability story since the current leadership team took charge at the end of 2009 is pretty spectacular: In summary, GWC’s profitability grew by 127% between 2009 and 2014. This is very exciting as it means that the team exceeded its stated goal of doubling profitability every five years. And its even more impressive considering that Independent dealer vehicle sales, GWC’s industry benchmark, rose by only 19% during the same period.
Chart 2:
Achieving those results coincided with an intense effort to define and establish specific cultural values at GWC. Those values have helped us create a company that demands a lot of its people while rewarding performance. So, when we had the Society for Human Resources Management (SHRM) conduct our first-ever Employee Engagement Survey at the end of last year, I had some well-founded anxiety. I wondered if we were succeeding in creating a thriving company that was also a great place to work.
The results of the survey left no doubt: GWC’s top-line score (88% of GWC employees “Satisfied” with their jobs versus 70% in other companies) was very gratifying. Taking a deeper dive into the survey, GWC’s results on particular aspects of Job Satisfaction were even more impressive, garnering scores as much as 33% higher than those of average employers.
I took particular satisfaction from the many verbatim comments that our employees shared with us. To wit:
“This place isn’t for everyone (and I think that’s a good thing.)
Testing …….Colleen and I just returned from an amazing trip to Cuba that was organized by our friend Larry Dorfman from GWC’s sister company APCO. Our travel companions included dealers, agents and others who, I have to say, were among the nicest people I’ve ever bonded with in the auto space. They were also prodigious rum consumers but what happens in Havana stays in Havana!
Rather, it’s a solidly Communist country where, for more than 50 years and several generations, people have lived peacefully. They’ve received good educations and world-class health care along with provisions for their minimum needs even as they live
The public is fascinated by the castaways’ saga, but Lillian and Dave must return to their lives and their spouses. Genevieve Randall—a hard-nosed journalist and host of a news program—isn’t buying it. She suspects Lillian’s and Dave’s explanations about the other crash survivors aren’t true. And now, Genevieve’s determined to get the real story, no matter how many lives it destroys.
PITTSBURGH --
There is simply no excuse for any sane person to live in this sun-forsaken quadrant of the country anymore. They have pizza and the internet everywhere now! Even in the less expensive, more pleasant, college footballier places that we snow-dwellers disdain out of knee-jerk jealousy and pettiness! Sure, some of the social values are different down there, but how much do any of us really care? Besides, maybe they're right? Has my brain been so thoroughly sleet-battered that I now kind of believe that the catastrophic winter was god's punishment for gay marriage, gun control, and minority enfranchisement? Maybe.
Colleen and I just returned from an amazing trip to Cuba that was organized by our friend Larry Dorfman from GWC’s sister company APCO. Our travel companions included dealers, agents and others who, I have to say, were among the nicest people I’ve ever bonded with in the auto space. They were also prodigious rum consumers but what happens in Havana stays in Havana!
This is a great book and part of my generation. Highly recommended!
Testing gif on blogspot and Desk: Writer