Worcester Business Journal

July 9, 2018

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wbjournal.com | July 9, 2018 | Worcester Business Journal 9 M A N U F A C T U R I N G P O W E R 5 0 At ROCG – a nationally recognized leader in the business exit/transition field – we have the answers. Our hands-on, best practices approach, ensures our clients implement successful plans to meet their personal lifestyle and legacy objectives, whether it be an outside third-party sale, management buy-out or a next genera- tion family transfer. For more information, our White Paper on Business Transition, recent business exit and value growth articles and upcoming speaking engagements visit http://americas.rocg.com or contact Terry Shepherd at 617-412-4640. We work with business owners to: • re-energize their business model • help them discover what they need to support their long-term goals and financial lifestyle needs • develop a strategic plan to meet their goals • help set milestones to ensure everyone works with the end goal in mind • execute their strategic plan successfully 617-412-4640 • http://americas.rocg.com Where You Finish The Race Depends On Who You Bet On To Start. Rely on ROCG to Help You Maximize Your Business Value. RAVI VIG PRESIDENT & CEO ALLEGRO MICROSYSTEMS, INC., WORCESTER Residence: Bedford, N.H. Colleges: Yale University, Dartmouth College, Southern New Hampshire University, Rutgers University In April, Vig decided to move Allegro's 286 employees making computer semiconductors from the firm's 53-year-old Worcester home to Marlborough, continuing Marlborough's regional pull with its superior combination of amenities, location and space. Allegro's decision to stay in Central Mass. continues Vig's belief for an increasingly technologically skilled workforce to help his company grow, as Allegro is a member of the Worcester Polytechnic Institute Consortium linking engineering talent to the firm via internships. In the community, Allegro has donated more than $130,000, with a focus on food banks, the Red Cross, education and the environment. What advice would you give up-and-comers? Technology changes will steadily impact all industries. Women and men should persevere with a challenging STEM curriculum in high school and college. Reptile connections: Hanging on my briefcase is a beaded "lizard-dude" made by my then 8-year-old daughter. Twelve years, million-plus miles of travel to three dozen countries, and several briefcases later, a faded and frayed "lizard-dude" still hangs there as a reminder family is what's important in life. DINESH WADHWANI FOUNDER & CEO THINKLITE, NATICK Residence: Natick College: Babson College What started as a late-night college dorm room conversation nine years ago at Babson has blossomed into one of the industry giants in efficient-lighting technology, partnering with Samsung to manufacture in South Korea but continuing to push the envelope in Central Massachusetts on technology and populating the company with product experts and service- oriented employees. Its LED light bulbs can save 70-80 percent more energy than any other bulbs and have been installed in Boston's Prudential Center tower and parking garage and at 41 Aubuchon Hardware stores throughout the Northeast. As a proud immigrant of Indian descent raised in Ghana, Wadhwani advocates for an innovative business market in Central Massachusetts to give young entrepreneurs and immigrants a chance to succeed. What advice would you give up-and-comers? Try to solve big problems. Big problems typically require more complex solutions, but that is when you know you are creating maximum impact and touching the lives of a lot more people. International learning: I lived in Africa until the age of 18, when I came to college in Massachusetts under a scholarship program.

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