#65: Jason Baxter - The Importance of COR Culture
Publisher |
Chris Powers
Media Type |
audio
Podknife tags |
Business
Interview
Investing
Real Estate
Publication Date |
Jul 08, 2020
Episode Duration |
00:35:55
Chris sits down with business partner and Fort Capital COO, Jason Baxter, to discuss the concept of Cost Reduction, Overhead Management & Revenue Generation (COR) and how it has given their team a voice and the ability to think like company owners. They'll discuss how they were able to successfully implement COR within the culture of the business and avoiding the 'revenue creep'. Enjoy!  Follow Chris on Twitter: www.Twitter.com/FortWorthChris Learn more about Chris Powers & Fort Capital: www.FortCapitalLP.com 01:08 — COR: The Meaning, Defining Success and How We Implemented it at Fort Capital 05:24 — Fort Capital’s 2019 COR Challenge and What it Revealed 07:36 — How COR Became Part of Fort Capital’s Culture 09:26 — The Problem With Focusing Too Much on Revenue and 'The Creep' 13:06 — Company Goals During COVID-19 15:18 — Rewarding the Team for Achieving Wins and How We Keep COR at the Top of Everyone's Minds 18:08 — A Deep Dive into the Overhead Management Piece of COR 21:44 — How Fort Capital Identifies Imbalances in Processes, OKR’s, and Setting Overhead Management Goals 24:28 — The Importance of the Team Having a Voice as a Company Grows 27:52 — Setting Budgets and Fort Capital's Re-Forecasting Tools 32:44 — Being Patient When Implementing a Process like COR The FORT is produced by Straight Up Podcasts

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