This episode of Management Development Unlocked marks the 50th episode! Eric’s guest is Tom Applegarth. Tom’s entire career has been spent in human resources at multiple companies, both big and small. Today, he is the Vice President of Human Resources for Preferred CFO, which works with about 150 companies to offer outsourced finance, accounting, HR, and payroll for smaller companies.
In this episode, you’ll hear:
- The compensation issues new managers should consider when hiring or contemplating merit increases for their employees.
- The most common financial mistakes new managers make.
- Terminating employees, the issues that can arise in those situations, and one of Tom’s best examples of it.
- The limitations of offering references for a candidate and Tom Applegarth’s advice for who you should really be speaking to about someone.
- Why the best managers are always recruiting.
- What Tom’s company does and makes it unique.
- Eric’s lightning round questions for Tom.
View the original podcast here: https://www.girardtrainingsolutions.com/podcast/ep050-tom-applegarth/
About the Author
tom applegarth
Tom Applegarth is a 30-year veteran in the Human Resources industry, with experience spanning manufacturing plants, retail stores, and divisions of Fortune 500 companies. Tom has HR experience across the United States as well as Europe, Asia, and Latin America.
His experience has brought significant, measurable improvements in employee engagement, attrition reduction, recruitment of the best and the brightest employees, and establishment of high-impact HR processes and improvements.
Tom has over 30 years of experience, including serving at high-profile companies such as Goodyear Tires, Belden, Potter Electric, and Young Living.
You may also be interested in...
Achieving True Diversification Through Core Competency
This is the third of three articles on Diversification for founding entrepreneurs. Part One, Diversification vs Di-worse-ification, argued that diversification is not always a positive move and that careful analysis should be applied to any diversification decision. ...
Remember that Time is Money
The first piece of advice given by Benjamin Franklin in Advice to a Young Tradesman is: “Remember that Time is Money.” Despite having long ago become a cliche, “Time is Money” remains a succinct summary of an important financial concept that must be mastered by any...
How to Transform Your Business with the Right Product Mix
Smith and Wesson has long been a strong, recognized brand for handguns, with the added benefit of a strong customer base. In 2002, however, the company unsuccessfully launched a line of mountain bikes that soon turned into a flop. Customers had said in a survey that...
7 Reasons Convertible Notes Are Your Worst Option
This is the third of three articles on Convertible Notes for founding entrepreneurs. Convertible Notes Part One: The Basics defined what a Convertible Note is and compared it to Preferred Stock. Convertible Notes Part Two: The Crucial Details examined how negotiations...
Diversification Part 2: 5 Ways to Diversify your Revenue Base
This is the second of three articles on Diversification for founding entrepreneurs. Part One, Diversification vs Di-worse-ification, argued that diversification is not always a positive move and that careful analysis should be applied to any diversification decision. ...
Sales Mean Nothing Today. Profits Are Everything
Recently, my spouse and I went into the Apple store to upgrade from the iPhone 5 to the iPhone 6. It was fairly routine until our kindly Apple professional informed us that we would have to walk several stores down to AT&T to smooth something over with our...
The Crucial Yet Commonly Misunderstood Details Behind Convertible Notes – Part 2 of 3
This is the second of three articles on Convertible Notes for founding entrepreneurs. Convertible Notes Part One: The Basics defined what a Convertible Note is and compared it to Preferred Stock. This article will examine how negotiations arrive at Convertible Notes....
3 Easy Ways to Delegate More Efficiently
How often do you become frustrated at the number of to-do’s on your calendar and the lack of time? Business has become faster than ever, and it’s even more demanding if you are an entrepreneur and trying to grow a small company. Delegation is something that often gets...
Unlocking the IPO Part 2: Understanding the Process
Navigating the Maze: IPO Since initial public offerings are one of the lesser understood financial transactions, this blog is meant to explain them in a simple and straight-forward way. Our previous blog explained some important prerequisites to consider prior to an...
Navigating Twitter as an Entrepreneur: Who to Watch and What You’ll Learn
Creating a presence on social media is not always as easy as registering a Twitter handle. For some startups, especially those bootstrapping, finding the manpower and hours in a day to stop and send out a tweet or two is a real challenge. Others struggle figuring out...
Unlocking the Secrets of the IPO: 5 Crucial Keys for Going Public
An initial public offering (IPO) is the process by which a private company sells unissued securities to raise capital from the public. This can be and usually is a very long process and should be approached with much thought. This two-part blog is written to assist...
Diversification vs Di-worse-ification
Diversification – A Background In the wake of the 1960’s efficient-market hypothesis, Harry Markowitz introduced the term “diversification” to the American business world. Since then, diversification has become a watercooler maxim surpassed in usage only by the call...
