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Key Philosophies of the 2022 Business Leaders of the Year and Hall of Fame Inductees H A L L O F F A M E A W A R D S & Lead by example. It demonstrates your character, beliefs, and determination to those who you are leading. Communication • Communicate to your employees the strategy of the company and what it means to employees and their families. • Keep an open-door policy. This eliminates misunderstandings. • Communication was key in the Covid-19 time. Recognize employees' ideas and suggestions. Training is very important. Give them the productivity tools and know how. Expect results. Incentivize employees to meet company goals and metrics. Investment with your community. Membership in their Chamber of Commerce, Greater New England Minority, Purchasing council, attend trade conferences, college courses. Market your products globally and domestically. I believe the growth and sustainability can be realized on sound financial management, flexibility to pivot, provide value added to customer solutions, leverage workforce diversity and harness their innovative ideas and energy. Worcester Business Journal Hall of Fame Amar & Ani Kapur, Founders, Aimtek and Atech Turbine At Fallon, we have talked about the extraordinary saga of 1 Ernest Shackleton's Antarctic expedition. I have found great value in the lessons derived from Shackleton and encourage other leaders to consider them. A terrific book called 'Leading at the Edge' sums it up this way: 1. Never lose sight of the ultimate goal, and focus energy on short-term objectives. 2. Set a personal example with visible, memorable symbols and behaviors. 3. Instill optimism and self-confidence but stay grounded in reality. 4. Take care of yourself: Maintain your stamina and let go of guilt. 5. Reinforce the team message constantly: "We are one— we live or die together." 6. Minimize status difference and insist on courtesy and mutual respect. 7. Master conflict—deal with anger in small doses, engage dissidents, and avoid needless power struggles. 8. Find something to celebrate, and something to laugh about. 9. Be willing to take the Big Risk. 10. Never give up—there's always another move. 1 Syncretics Group, Inc., 2003 Worcester Business Journal Hall of Fame Richard Burke President & CEO, Fallon Health