How Can Community Be A Competitive Advantage?

March 12, 2021 00:21:50
How Can Community Be A Competitive Advantage?
The Family Business Voice
How Can Community Be A Competitive Advantage?

Mar 12 2021 | 00:21:50

/

Show Notes

On this episode of The Family Business Voice, John J Lamont from Nowchem talks with Ramia about how his family’s bond shaped their succession strategy and how these experiences might translate to the family’s next generation of leaders.

– John and his siblings literally grew up in the chemical factory, even living on-premise for a year after their parents relocated the family and started the business — an experience that brought them closer together.

– The Lamont family approached succession in the most pragmatic way, starting an open, honest dialogue between everyone involved years before transition was imminent. As a result, John was able to make ambitious plans for the future, confident that family issues wouldn’t stand in the way of Nowchem’s expansion.

– Nowchem has played a critical role in their community through the pandemic, staying open six days a week to manufacture cleaning supplies and keep people employed.

Listen to this episode on Spotify, Apple Podcasts, Google Podcasts, Stitcher and TuneIn.

Experience the full interactive article here: https://www.tharawat-magazine.com/stories/nowchem-the-bond-that-shapes-family-and-business/

Other Episodes

Episode 0

May 07, 2019 00:08:01
Episode Cover

Introducing: The Family Business Voice

More than half of all businesses globally are family-owned or operated. They are cornerstones of prosperity; their contributions to job creation and global GDP...

Listen

Episode 0

March 03, 2020 00:21:00
Episode Cover

How Can You Transform Company Culture?

On this episode of the Family Business Voice, Cecily McGuckin speaks with Ramia about Queensland Steel and Sheet’s rise to prominence and what it...

Listen

Episode 0

March 15, 2022
Episode Cover

How Did This Family Transform a Passion for Peanuts into a Multigenerational Legacy?

On this episode of the Family Business Voice Ramia speaks with Marshall Rabil, third generation owner and Marketing Director of Hubs Peanuts. See the...

Listen