Join us on the Beyond a Million Dollar Podcast as we engage in a compelling conversation with industry experts Mike Katounas and Rick Holtz about the transformative power of training and development in the paint contracting world. As we navigate the challenges posed by a shrinking workforce, Rick introduces us to the on-the-job training strategy at H.J. Holtz & Son, Inc., where a veteran employee mentors others with the support of an operations manager. We dissect the importance of bespoke systems and consistency in business growth, and Mike weighs in on the complexities of managing subcontractors at Home Works Painting, emphasizing the necessity for clear expectations and protocols to uphold standards.
Listen in as we tackle the critical issue of onboarding and employee retention, confronting the startling statistic that sees some companies losing as many as one in four new hires. Discover how effective communication and avoiding menial tasks for new recruits can transform their experience. We delve into successful integration strategies, such as creating training rooms and standardized operating procedures, alongside the merits of exposing new hires to different crew leaders for diverse experiences and feedback. Our discussion underscores the investment in systematic training and onboarding as a cornerstone for nurturing a skilled and dedicated workforce.
We also share insights into the inner workings of a healthy organizational strategy, revealing how structured crew leader and operations meetings bolster team cohesion and communication. You'll get a glimpse into the use of scorecards for tracking performance, the utilization of technology to keep teams aligned, and the pivot towards collaborative meeting structures that empower team members and enhance accountability. Through real-world experiences, Rick and Mike affirm the impact of frequent, but, more importantly, focused meetings in creating a united company culture and driving business success. Tune in for a treasure trove of practical advice on refining your company's training, onboarding, and communication practices for lasting growth. It's a great episode with Scott, Rick, and Mike!
EPISODE CHAPTERS
(0:01:20) - Training and Development for Contractors
(0:10:05) - Improving Onboarding and Employee Retention
(0:20:05) - Operations and Crew Leader Meetings
(0:36:37) - Company Meetings and Communication Structure
EPISODE CHAPTERS WITH SHORT KEY POINTS
(0:01:20) - Training and Development for Contractors
Training, mentorship, systems, and subcontractors are crucial for sustaining growth and skilled labor in the painting industry.
(0:10:05) - Improving Onboarding and Employee Retention
Effective onboarding and training are crucial for integrating and retaining new hires in a company's culture.
(0:20:05) - Operations and Crew Leader Meetings
Nature's organizational strategies include bi-weekly meetings, scorecards for tracking progress, and technology for schedule changes and job assignments.
(0:36:37) - Company Meetings and Communication Structure
Effective meeting structures foster accountability, consistency, and communication, contributing to a goal-oriented team dynamic.
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