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New
leadership team takes the reins of Bow Finishing Cook is the son of Mike and Gail Cook, the founders of Bow Finishing,
and the grandson of Forrest Cook, who founded the Concord Litho Group,
the large commercial printing company which for many years held a minority
interest in Bow Finishing.
“We are not in any way affiliated with Concord Litho,” Wright
said, however, he and Cook admitted that it’s hard for the public
to see Bow Finishing as autonomous, considering the two companies share
family history and are located on the same street. The two companies don’t
share finances, employees, or proprietary client information. A company gets its start After operating profitably for more than two decades, Mike and Gail Cook
sold Workshop Cards in 1989, allowing them to enter a partnership with
James Cook, Mike’s brother and then owner of the Concord Litho Group.
The husband and wife team managed the day-to-day operations. Meanwhile,
James Cook held a minority interest in the business. The impetus for the
partnership was to cultivate additional outsourcing opportunities for
the Concord Litho Group.
Industry experience and ingenuity fertilized the business, increasing
sales and personnel growth at Bow Finishing. To cultivate new customers,
the company realized it would need to stretch its reach and work with
printers and brokers outside of the Concord Litho Group. Health issues sidetrack business plans At the time, Craig Cook, an honors graduate of Pepperdine University
with a bachelor’s and master’s degree in English and psychology,
decided it was time to return to his native Concord. The younger Cook
had been working as a children’s social worker for the Los Angeles
Department of Youth and Family Services. “It was a big transition,”
Cook said.
New leadership emerges “The decision to break the tie with the Concord Litho Group was
a difficult one, but necessary in order to attract other commercial printers,”
Craig Cook said. The addition of two key employees — Wright in 2001 and Damon DeCoste,
the company’s imaging services manager, in 2003 — followed
the break from Concord Litho as the parent firm. With 20 years of manufacturing
experience, Wright has a “full gamut” of experience, ranging
from graphic arts, to direct mail, to printing. Wright said he welcomed
the challenge of expanding Bow Finishing’s product and service offerings
to include direct mail services. “There’s a lot of opportunity,”
he said. “We changed the whole outlook of the company.” Meanwhile, DeCoste also shares a host of professional experiences, ranging
from software development, to direct mail data processing, to direct bindery
imaging. Certification plagues from Scitex Digital Printing, Inc. and
AccuZip, Inc. hang above the desk of his second story office, overlooking
the manufacturing floor. DeCoste’s training in computers and finishing
machinery allows him to manage internal and external communications, including
an FTP site for large client files, customized customer fonts, and postal
presorting. A networked computer system allows DeCoste an open dialogue
with manufacturing coworkers on the floor. “It basically takes the
human error out of the jobs,” DeCoste said. New team upgrades equipment and expands
service With knowledgeable employees hired, a full range of machinery and software
acquired, and two years of research and development completed, Bow Finishing
was ready to offer inline imaging along with data processing to its customers.
Employees are the key to any successful
business While the partners said they have a simple management style of open communications,
which isn’t referenced in organizational leadership textbooks, perhaps
educator and author James Grunig’s theory of symmetry best describes
Bow Finishing’s approach. The symmetrical or open style embraces
decentralized management, employee ideas, and innovation. According to
Grunig, an organization adopting a symmetrical attitude has a balanced
relationship with its relationship of giving and taking, rather than a
lopsided one of just taking. Cook said it’s important for management
to encourage listening, cross-training, problem solving, and a “make-it-happen”
attitude. At the same time, Cook and Wright said a positive work environment can’t
be achieved if the leaders are detached, giving orders and suggestions,
from a distance. “We like to get involved,” Wright said. “The
separate entity thing is pretty much demolished.” Perhaps, the management
style and a new profit sharing program are contributing factors to Bow
Finishing’s low employee turnover or defection rate. One third of
the company’s 63 employees have been with Bow Finishing for at least
seven years. Cathy Cullen, the company’s office manager, said three things act
as a double cappuccino that keeps her going each day — working with
personable bosses, interacting with a host of people, and handling a variety
of responsibilities.
On the lookout for new opportunities Wright and Cook said the company’s philosophy has allowed it to
expand its customer base from a handful of Granite State printers to more
than 50 printers and brokers throughout the United States and Canada.
With 2003 more than half over, Cook and Wright have declared their New
Year’s resolution for 2004. The partners are planning to buy Mike
and Gail Cook’s interest in Bow Finishing, allowing the new management
team to forge ahead on its path of autonomy. In the interim, the two said membership with the Greater Concord Chamber
of Commerce and Printing Industries of New England is helping to spread
the word that the two companies are amiable business neighbors, operating
independently. Membership in trade associations also allows Bow Finishing to again stay
abreast of industry and community changes and developments, as education
is fodder, keeping the company nourished with news. “We’re
on the cutting edge,” Wright said. “If we sit still, we’re
going to get run over.” |
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