Ted Fick: Steps for Improving Employee Productivity

Ted Fick has overseen the transformation of numerous high-profile companies during his career, including Port of Seattle, Polar Corporation and Thermo King Corporation.

A senior executive with more than 30 years of top-level leadership experience, Ted Fick empowers underperforming businesses with the visionary, proactive approach and strategy needed capitalize on opportunity, improve performance and enhance profitability.

Steps for Improving Employee Productivity

As Fick knows, a productive workforce is key to executing any successful transformation. And some of the keys to increasing that productivity include:

Providing the right resources. Maximizing employee productivity means supplying your staff with the tools they need to succeed, such as the right amount of training and the best tools for communicating and collaborating effectively. 

Encouraging autonomy. Trusting your team to complete tasks and providing the freedom to perform and grow on their own typically leads to better results.

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Ted Fick: What Elements Make Up a Powerful Strategic Plan?

Ted Fick has designed and overseen the successful transformation of multiple, multimillion-dollar organizations throughout his career—including such notable names as Thermo King Corporation, Polar Corporation and the Port of Seattle.

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Behind each of these transformations has been a comprehensive, well-designed strategic plan—one not only carefully developed, but which also provided the roadmap each the multi-layered organization needed to achieve company goals and realize its full potential.

What Elements Make Up a Powerful Strategic Plan?

A proven senior executive and strategic planner, Ted Fick knows the components essential to include in any comprehensive plan-of-action. 

These include:

·   Vision and mission statements that clearly define the company’s purpose and long-term goals.

· A thorough SWOT analysis that examines the organization’s strengths, weaknesses, opportunities, and threats to determine existing status and gaps to address.

·         Methods for executing the plan and measuring its progress along the way.

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Ted Fick: Phases of New Product Development

Senior executive and seasoned CEO Ted Fick understands the transformative impact new product innovation can have on an organization—as well as the impact new product development can have in terms of driving rapid growth and increasing market share.

Phases of New Product Development

As President at Thermo King Corporation, Ted Fick was responsible for expediting the development and launch of the Tripac auxiliary power unit—an innovation that proved both profitable and essential to the company’s significant growth and transformation.

And as someone who knows the product development process, Ted Fick knows the steps or phases that go into such a process, including:

· Ideation—the initial stage of sourcing for ideas and laying the foundation of product development.

·Screening and concept development—the process of screening through potential innovations to identify which are worthy of pursuit, and to develop those that show promise.

· Actual development—where the product enters the design and manufacture phase before being tested on the market.

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