Evans has just come back from his so-called “World Rock Tour”. Three times a year, he visits all 1,276 employees of Grassroots, the performance improvement firm he set up in 1980. He gives speeches, runs workshops, and visits clients. “I’ve spent the past month jetting around South America, Europe and Asia,” says the 61-year-old entrepreneur. “Despite my age, I have the energy of a 30-year-old." Turnover at his Hertfordshire-based business hit £284.3m last year – and Evans says he’s been storing up all the company’s wealth. “We have zero gearing. We don’t owe anybody anything. And we have tens of millions in the bank. That gives my staff confidence that we can ride over difficult times. Ironically, we’re picking up business like I’m putting on weight!” He keeps the company healthy with a “bonsai tree-approach”. He explains: “If the business is getting out of shape, I trim it. I adapt the company constantly – there are no sudden knee-jerk reactions. And I always give my employees a longer-term perspective than the next six weeks." But that doesn’t mean Grassroots is immune to the downturn. Evans admits that a couple of his big clients have toppled under bad debt. “There’s not much we can do about it, we can’t get the money back. We just move on – that’s life.” Related articles:Reducing headcount the smart wayMore talk of economic recoverySeeking: heroes of the downturn
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.