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Think about itWhat can you do to be more creative and to inspire your employees to come up with new product and service ideas? What outside source could you tap? Saris Cycling Group (Graber Products)Chris Fortune, CEO
Visit our web site: http://saris.com
Business Classification: Year Founded: HATTIE: Hi, and welcome to SMALL BUSINESS SCHOOL. |
Innovate Before Competitors DoCyclists all over the world buy from Saris Cycling Group because they have become an industry leader. Logon to view all the videos of this episode. Episode Overview - Saris Cycling Group aka GraberMadison, Wisconsin: Sara and Chris Fortune bought Graber Products in 1989 when it had 24 employees and $3.3 million in sales. When we taped this story there were up to 60 employees and with revenues over $10 million. They continue to grow, changed the name of the company to Saris Cycling Group, and are very committed to keeping their manufacturing in the USA. Actually, manufacturing is on its way back to the USA! That is not prophetic verse but the reality of our advancing technologies where highly educated workers can do it better, often faster, and sometimes cheaper than anywhere in the world. This episode is a case in point: And, this story comes from the heartlands of America. These are the kind of people who love this country and all those basic freedoms to do the right thing in the face of adversity. They have done it right and now they ship their products around the world. When Chris and Sara bought Graber Products, they bought a solid business with a good reputation, but the sales were flat. The employees were dedicated, but the company needed fresh energy to start growing again. To dump the stodgy image of the company that he bought, Chris found an Italian fashion designer who came up with improved form and function for his bike racks. Chris believed that the market was ready, willing and waiting for new ideas and he was right. Customers have flocked to the new products and employees love to come to work. They are their industry leaders. They have kept manufacturing in America. And, their industry recognizes them for their generosity of spirit, moral courage, and ethical leadership. These people are quiet heroes, new pioneers making the world a better place. Go to all the Key Ideas and Video of this episode... |