[EDITOR’S NOTE]
When I first saw Sam Walton, the entrepreneur and businessman best known for founding Wal-Mart, he was walking across a stage to snatch a microphone away from someone, interrupting their speech – mid-sentence. It was 1990 and I was one of 10,000 people sitting in the audience at Wal-Mart’s annual stockholder’s meeting in Fayetteville, Arkansas. Te individual had, according to “Mr. Sam” (as he told everyone to call him by his first name), gone on for far too long about an endless stream of numbers on a spreadsheet. In
Mr. Sam’s opinion, the audience had suffered through the presentation long enough. During my brief encounters with Mr. Sam, I learned a lot about him and his leadership
style. Anyone who has heard his storied succcess would think his was a pure example of destined triumph: clear vision, smart assembling of the right team, brilliant decision making and a sheer force of will. But the reality is that his story, as is the case with other success stories, did not always follow a clear path. In a Forbes article from May 2012 titled Te One Key Trait for Successful Entrepreneurs:
A Tolerance for Ambiguity, the author explains, “It’s an entrepreneur’s willingness to paint a compelling vision and charge ahead that creates order out of chaos one step at a time. It’s a willingness to be open to new information and make mid-course corrections that mitigates risk. Te ability to do both of these at once, in the face of great uncertainty, is a tolerance for ambiguity that sets an entrepreneur apart from the rest of the world.” A strong leader and businessman has to have a clear vision and possess the ability to communicate that vision; however, a strong businessman must also be able to mold, make decisions and change directions as new obstacles, challenges or information comes to light. In this issue of Wire Rope Exchange we meet growing companies helmed by businessmen
like Sam – navigating their success stories and keeping their eyes on the evolution of the industry for new ways of meeting customer needs. We feature Filtec-Precise and Strand Core, both companies with long-standing histories and reputations in innovation and dependability. We also feature Caldwell in our Innovations Department, a company who has pioneered in lifting materials and recently unveiled their new Dura-Lite™ Composite Lifting & Spreader Beams. As your year unfolds, expect the days that are muddled or overwhelming but as Mr. Sam
use to say, “pick yourself up and get on with it, do it all over again, only even better this time.” Tank you for reading and taking advantage of what the Exchange can do for you. As always, our goal is to deliver to you the front line of industry news and events.
Best,
Melissa Hood, Editor | Wire Rope Exchange P.O. Box 159323, Nashville, TN 37215 Email:
mhood@wireropeexchange.com
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JULY-AUGUST 2015
WIRE ROPE EXCHANGE
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