Empowering Growth: ESOPs and People-Centric Leadership with Shane Snyder - Cannon and Wendt
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.
Will ForetJustin Neagle
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Empowering Growth: ESOPs and People-Centric Leadership with Shane Snyder - Cannon and Wendt

Jul 9, 2024 • 43 mins

Shane Snyder delves into his journey in the electrical contracting industry, emphasizing the path to ESOP and the importance of merging operational excellence with people-centric leadership. He discusses the dynamics of unions and ESOPs, strategies for talent recruitment and retention, and the significance of diversity and inclusion. The episode also highlights the role of Keymakers and networking in business growth, effective leadership communication, and prioritizing safety. Shane shares advice for AEC industry professionals, the importance of knowledge sharing, and avoiding the entrepreneurial tax.

Key Points

  • Shane Snyder emphasizes the importance of hard work and saying yes to opportunities in the early stages of one's career to build a strong foundation for future leadership.
  • The unique structure of Cannon & Wendt as both a union shop and an employee stock ownership plan (ESOP) company has created a culture of shared ownership and motivation, leading to significant financial benefits for employees.
  • Shane Snyder highlights the significance of maintaining a balance between operational efficiency and personal connections within the company, ensuring that employees feel valued and understood.

  Connect with -  LinkedIn: https://www.linkedin.com/in/shane-snyder/  Website: https://www.cannon-wendt.com/
  Connect with Justin - Justin's LinkedIn: https://www.linkedin.com/in/justneagle/ Website: https://www.spotmigration.com   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  

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