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Seven Keys to a Good Company
September 9th, 2015
by Bill Boyajian

Want to work for a good company, organization, or business?  Look for these seven essential ingredients:

  1. An Effective Leader: Look for a company that has good leadership at the top, someone you can trust to do the right thing and treat associates with dignity and respect.  Companies succeed or fail based on their leadership.
  2. A Clear Vision: Make sure there is a stated mission, purpose, and direction for the business.  Ask lots of questions before you sign on.  Any reputable business owner knows where she wants to go, and how to get there.
  3. Structured Management: Know where you fit into the organization and what your role and responsibilities are.  If this can’t be articulated up-front in early discussions, consider it a warning sign and look further.
  4. Appropriate Accountability: People must be held accountable to what is expected of them.  There must be a disciplined approach to oversight of expectations.  Great performers love concise direction and accountability.
  5. Camaraderie Amongst Employees: A collegial spirit must be evident.  Colleagues must exhibit a team-oriented, collaborative style.  Look for an environment that is fun and encouraging to be involved in.
  6. Good & Open Communication: Is there evidence of clear and concise communication?  It starts at the top and carries forward to all employees.  Too often, listening and speaking with staff is an afterthought of management.
  7. Tangible & Psychic Rewards: It’s not all about money, but money is not unimportant.  So look for tangible rewards in compensation and incentives, but also emotional and psychic rewards that mean as much, if not more, to high achievers.

There are other factors that go into a good company and workplace, but you can’t go wrong with focusing on these seven keys.

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“I needed help orchestrating a succession plan for our business. I had heard that Bill Boyajian specialized in assisting owners to transition their business to the next generation. He knows how to bridge the generation gap and deliver what each needs to hear. I would recommend Bill to any business owner who needs advice on succession planning from a trusted outside professional.”

–Charles Denaburg,
Managing Partner,
Levy’s Fine Jewelry
Birmingham, AL

"Our family needed some guidance on business transition and succession planning. We asked Bill Boyajian to help us because we knew we could trust him to tell us what we needed to hear. Bill became a valuable resource for our company and our entire family. He has the ability to meet each of us where we’re at and it has served us very well."

–Ceylon Leitzel
Leitzel Fine Jewelry
Hershey & Myerstown, PA

“We needed a plan to transition our business to a non-family member and we asked Bill Boyajian to help us. His experience in the area has really paid off, but we didn’t expect the added value of putting us together with a financial planner who helped organize our retirement needs. We now have the fundamentals to transition our business successfully, and we have Bill to thank for it.”

–Ernie & Debbie Cummings
Kizer-Cummings Jewelers
Lawrence, KS