An Interview with Bob Chapman, Chairman and CEO of Barry-Wehmiller Companies, Inc.
This week’s episode features Bob Chapman, Chairman and CEO of Barry-Wehmiller Companies, Inc., who applied a unique blend of strategy and culture for over 40 years while leading the company. Understanding that leaders have a massive responsibility for their employees, Bob works to improve relationships between employees and leaders. He realized that leadership is a privilege to create human and economic value & that his employees should feel valued. In the workplace, anxiety levels are higher than ever, which can stem from not feeling valued, and instead, feeling used. If an employee lacks meaning and purpose, they will not be present for their families or communities. This episode discusses measuring success within an organization, the importance of having a robust business model, and why economic value and human value can work together in harmony.
In This Episode:
[00:50] Meet Bob Chapman. Bob talks about what information was lacking in his education.
[06:30] Leaders have a massive responsibility for their employees. We should teach our leaders to care for their followers.
[09:30] Businesses need to shift from focusing on shareholder value to touching people’s lives.
[12:15] How Bob measures success within his organization. We need to teach companies and business leaders to learn how to care.
[18:20] Letting managers become leaders by teaching empathy. Recognize and celebrate the good in people.
[22:15] The importance of having a robust business model.
[28:45] Understanding that economic value and human value can work together in harmony.
[35:00] Leaders should walk with their feet on the ground and their heads in the clouds.
How we treat our employees will directly affect how they treat their family members.
Business could be the most potent force for putting good into the world.
We need to create human value within an organization.
The most significant cause of stress is work. We need to help companies learn how to care.
Economic value and human value can work together in harmony.
Meet Bob Chapman
Recently named the #3 CEO in the world in an Inc. magazine article, Bob Chapman is very intentional about using his platform as a business leader to build a better world.
Chapman is Chairman and CEO of St. Louis, MO-based Barry-Wehmiller, a $2.5B global manufacturing business with 11,000 team members. The company began as a small pasteurizing and bottle washer business in 1885 and, through acquisition and organic growth, has grown into 12 business units (10 in the US) serving primarily the packaging, paper converting, sheeting and corrugating industries. Chapman became the senior executive of this private company in 1975 at age 30 when the 80-year-old business had $20 million in revenue, outdated technology and a very weak financial position. Despite the obstacles, Chapman applied a unique blend of strategy and culture over the next 40 years in leading Barry-Wehmiller through almost 90 successful acquisitions.