Thriving People through Unique Culture Ideology with Kit Ozburn

Building Scale

We interview successful Architecture, Engineering, and Construction (AEC) business leaders to learn how they use people, processes, and technology to scale their businesses.

Thriving People through Unique Culture Ideology with Kit Ozburn

E33 • Aug 9, 2022 • 60 mins

‘Creating a Foundation for People to Thrive’ is a motive under a contracting firm T.W. Frierson which serves people to build corporate headquarters, temples, art manufacturing facilities, and logistics centers as well as remodels, construct-outs, and catastrophe recuperation projects. I was honored to have Kit Ozburn, the President of T.W. Frierson on our show. With more than 20 years of experience, Kit is driven by energy for the brilliant support of his company’s partners. The core values are characterized by the people as it's an employee-owned company.

Key Points

Kit Osborne emphasizes the importance of leaning on your team and asking for help, as pride should not prevent one from seeking assistance when needed.
TW Frierson Contractors, Inc. has successfully integrated technology to win business, using tactics like custom videos and BIM modeling to demonstrate their team's capabilities and differentiate themselves in competitive markets.
The company's transition to an ESOP (Employee Stock Ownership Plan) was driven by a commitment to their core purpose of creating a foundation for people to thrive, which has resulted in tangible benefits such as 100% individual healthcare coverage and improved financial literacy among employees.

Connect with Kit:

https://www.linkedin.com/in/kit-ozburn/

Learn More About T.W. Frierson:

https://www.twfrierson.com/

https://www.twfrierson.com/awards/

Connect with Justin & Will -

Will's LinkedIn: https://www.linkedin.com/in/willforet/

Justin's LinkedIn: https://www.linkedin.com/in/justneagle/

Learn More & Connect With Spot Migration -

Website: https://www.spotmigration.com

LinkedIn: https://www.linkedin.com/company/spot-migration

Facebook: https://www.facebook.com/spotmigration

Youtube: https://www.youtube.com/c/Spotmigration

Do you want to be a guest on the show? Go to https://buildingscale.net/guests

Need to discuss your IT and Cybersecurity Strategy? Go to https://buildingscale.net/help

Speakers

Will Foret

Host • 6%

Justin Neagle

Host • 18%

Kit Ozburn

Guest • 76%

Chapters

0:00	Introduction and Guest Presentation: Kit Osborne
8:57	Transition of TW Frierson to an ESOP company
13:54	The structure, benefits, and considerations of an ESOP
16:11	Evolution of company culture and core values in an ESOP
26:18	Financial literacy and transparency in an ESOP
31:59	Employee participation and benefits in an ESOP
35:57	Onboarding, training, and safety measures at TW Frierson
40:18	Innovations: Intern program and use of videography for efficiency
47:43	Technology in business: Leveraging tech to win business
54:20	Final reflections: Advice to younger self and addressing mental health
59:10	Wrap up: Post-interview remarks and call to action by the hosts

Transcript

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