Planning for the Future: It’s a Conscious Effort
At our latest Small Giants Executive Breakfast, we had the opportunity to hear from Tony Schroeder, CEO of Choice One Engineering.
Choice One Engineering is a civil engineering firm based in Sidney, Ohio which Tony has led for more than 24 years. (He is also now a Business Advisor and Certified Coach at Aileron.)
Choice One’s healthy company culture has contributed to the firm’s success throughout the years, so it was great to hear first-hand from Tony about how he’s consciously taken the steps to foster that environment.
The firm has even been named the “Best Firm to Work For” in the nation in civil engineering for two years in a row, as well as a three-time Dayton Business Journal “Best Place to Work” in the Dayton, Ohio region.
On stage at the breakfast, Barbara E. Hogan (co-owner and vice president of Afidence and owner and founder of TIMBELO, INC.) interviewed Tony to learn more about his intentional approach—including what he describes as some of the most pivotal moments in Choice One’s history.
Keep reading for two takeaways I had when it comes to developing your company for the future.
Employee feedback should be ongoing and in-the-moment
Choice One has regular “enjoyment check-ups” with their people to get feedback about how they are feeling and how they are developing as leaders throughout their life. These meetings can cover everything from future interests, culture fit, production, their day-to-day roles, and other factors related to their individual development plan.
The questions brought up in these check-ups change, but they can include things such as:
Where do you want to be in one to three years?
Where do you want to be in three to seven years?
Where are you living out your core values and where are you not living those out?
What do you like about the culture?
Sometimes the two-way conversations also include open-ended questions regarding that team member’s role and what they are doing. Those might look similar to:
What percentage of your time are you doing this activity? And what percentage are you doing this [activity]?
What would be your ideal break-out percentage be in terms of how you are spending your time?
Why or how do you think that’s going to fit in with what we’re doing?
“We try to get as much information as possible on it to make them think even deeper that what they were thinking with the reflection [that they did prior to the meeting],” said Tony. Having these kind of ongoing, informal sessions has been critical in developing leaders throughout their entire lives, said Tony.
Transparency will help you when planning for the future
Most of us know that transparency helps in our business to see and value our vision, but this was also made evident to Tony when it came to talking about his own succession plan.
During one of his regular “enjoyment check-ups” with Matt Hoying, a project manager in the company, the two were looking ahead to the future.
It was no secret to team members across that company that Tony’s last day in the company was planned to be January 1, 2021.
During this meeting, Matt shared how he was looking forward to taking on the role of President, which was a part of that succession plan.
Suddenly, Tony wondered if the timeline for that transition could shift. After all, Matt had been training for the transition for years. “I said, ‘So what would you think if I made you President next year when you come back from Cincinnati?’” said Tony.
Matt’s eyes lit up and he said he would welcome the opportunity to take on a role earlier than they had originally planned.
“I didn’t know what I was going to do…follow you around for three more years?” Matt said to Tony at the time.
Because of that open , healthy, candid discussion, Tony ended up transitioning out of his role at Choice One about 4 months after that discussion. That was around 5 years earlier than he originally scheduled. The takeaway: having a transparent culture that embraces sharing and vulnerability—even with things like succession planning—can benefit the company in many ways.
Join Us At Our Next Small Giants Executive Breakfast
Want to hear more thought-provoking, authentic stories from values-driven small business owners like you? The Entrepreneur’s Organization of Cincinnati presents the Small Giants Executive Breakfast Series, where we feature business leaders that adhere to the Small Giants values that allow companies to grow with purpose.
