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Negative Leadership, Lacking the Traits.

Years ago, I transferred out of a department where the manager was a leadership failure. In fact, he was considered a poor leader by the senior leadership team. Unfortunately, due to his strong political alliances, he was able to keep his job and survive. There are many known traits of a leader, some are defined by theorists, and this person lacked every single one. Trait theory defines five key attributes of a leader: Capacity, Achievement, Responsibility, Participation, and Status. Let’s agree to take some literary license here and call him “Bob Blank”.

Capacity:   Bob Blank lacked the basic qualities for capacity as a leader. When presented with challenges to solve, he consistently sought inward looking solutions. When offered alternatives, his pattern was to either ignore it or alter the solution so that it no longer resembled the original idea. He often did not pay attention to details. When told of a large group moving into a facility under his control, he thought the information was a joke, and actually laughed. He consistently ignored other commonplace problems, such as staffing, until they became so out of control, they were brought to the attention of the VP.

Achievement:   Bob Blank’s leadership achievements are suspect.  Bob’s degree has nothin g to do with his career path, and it is not clear how that degree qualifies him for the roles he held in Business Development or Finance. As far as subject matter expertise, it quickly became apparent that he lacked basic understanding of new business acquisition. He consistently requested that he be provided with many examples of job descriptions, status charts, and many other materials. His “knowledge” proved to be very limited.

Knead Doughnuts Expands Into Former Pilotworks Space; Invests in New Small Businesses

Providence, RI – Knead Doughnuts has expanded their donut production into a 5,000-square-foot commercial kitchen previously operated by the food incubator Pilotworks, now called Providence Kitchen Collaborative. With the capacity to handcraft even more gourmet doughnuts, Knead will be at more farmers markets, serve more weddings, and craft more special seasonal flavors. A third donut shop is slated to open at their new production space this spring.

With a significantly larger commercial kitchen, Knead is now able to give back and support several budding food businesses by leasing them commercial kitchen space. “We are humbled to be able to support Providence’s dynamic food scene” said Knead co-founder Adam Lastrina. “All these businesses were right where we were two years ago.”

The new location at Providence Kitchen Collaborative is already home to all of Knead’s doughnut production, as well as seven food entrepreneurs leasing commercial kitchen access from Knead, including Brown Paper Bounty, Vic’s Handcrafted Ice Cream, and Long Live Beerworks, which will operate a brewery and bar just steps from Knead. Inquire about leasing kitchen space here.

Knead plans a grand opening of its new donut shop at Providence Kitchen Collaborative, which will be open on weekends and select evenings, in May 2019. Follow updates on Knead’s lively Facebook and Instagram pages.

The award-winning gourmet doughnut shop opened its first Providence location, at 32 Custom House, in December 2016. A second Providence storefront opened in April 2018 at 135 Elmgrove Avenue. To learn more about Knead Doughnuts, visit kneaddoughnuts.com.

 

ABOUT KNEAD DOUGHNUTS

Opened in 2016, Knead Doughnuts crafts homemade donuts with locally-sourced, wholesome ingredients. Since its inception, Knead has gained critical acclaim, widespread support throughout the Rhode Island community, and quite a few fans. Knead is founded by local residents Adam Lastrina, Todd Mackey, and Bryan Gibb, all of whom attribute the success of Knead to their team’s commitment to making and serving gourmet, traditional donuts that are unrivaled in terms of quality, flavor, and execution. https://www.kneaddoughnuts.com/

 

SBA kicks off National Veterans Small Business Week Nov. 5-9 by hosting free small business seminars across RI

PROVIDENCE, RI – The U.S. Small Business Administration will celebrate the accomplishments of veteran, service member and military spouse small business owners nationwide during National Veterans Small Business Week, Nov. 5-9.

“National Veterans Small Business Week is another opportunity for us not only to highlight the success of our nation’s 2.5 million veteran-owned businesses, but also to recognize the areas where there is still work to be done,” SBA Administrator Linda McMahon said. “Entrepreneurship is not a solo mission. I’m proud to be a part of a network that serves the needs of our veteran and military business owners.”

SBA district offices and resource partners nationwide, as well as local organizations, will be hosting National Veterans Small Business Week events.  This year’s theme, Our #VetBiz Community, shines a spotlight on various aspects of the veteran business community, ranging from aspiring to current veteran and military business owners, as well as the organizations that provide entrepreneurial training.

“To celebrate National Veterans Small Business Week in Rhode Island, the SBA is teaming with SCORE, the RI Small Business Development Center, the Center for Women & Enterprise, the Veteran Business Outreach Center and local SBA lenders to provide free small business seminars,” said SBA District Director, Mark S. Hayward. “Topics will range from ‘business planning’ to ‘how to finance your small business’, to ‘government contracting’, to name a few. The SBA and its partners will continue to do whatever we can to serve those veterans business owners who have served us,” he added.

A full schedule of events being held in Rhode Island to celebrate National Veterans Small Business Week is as follows:

Monday, November 5

  • Understanding Your Financial Statements
    Rogers Free Library, 525 Hope Street, Bristol, RI, 10:00am to 12:00pm
  • Grow Your Book of Business: The three areas you MUST focus on to get more business
    Northern Rhode Island Chamber of Commerce, 6 Blackstone Valley Pl, Suite 402, Lincoln RI, 2:00pm to 4:00pm

 

Tuesday, November 6

  • How to Finance Your Small Business: Learn From the Experts
    West Warwick Library, 1043 Main St, West Warwick RI, 2:00pm to 4:00pm

Wednesday, November 7

  • Markets & Your Competitive Space
    Portsmouth Free Public Library, 2658 E Main Rd, Portsmouth RI, 9:30am to 11:00am
  • Power of Networking
    Northern Rhode Island Chamber of Commerce, 6 Blackstone Valley Pl, Suite 402, Lincoln RI, 2:00pm to 4:00pm
  • Analyzing Your Competition
    East Providence Public Library, 41 Grove Ave, East Providence RI, 2:00pm to 4:00pm

Thursday, November 8

  • Government Contracting 101
    RI PTAC, 315 Iron Horse Way, Providence RI, 8:00am to 10:00am
  • Doing Business with Primes
    Warwick Public Library, 600 Sandy Ln, Warwick RI, 2:30pm to 4:00pm

 

Friday, November 9

  • The Business Planning Process
    North Kingstown Free Library, 100 Boone St, North Kingstown RI, 9:30am to 11:30am

For more information or to register for any of the seminars listed above, contact Matthew Spoehr at Matthew.Spoehr@sba.gov or call 401-528-4574.

The SBA encourages veterans, service members, National Guard and Reserve members, and military spouses to join the online conversation and share what their veteran business communities look like by using the hashtag #VetBiz.

For more information about National Veterans Small Business Week, including events and ways to get involved, visit www.sba.gov/vetbiz. For more information on the resources available for veteran entrepreneurs, visit www.sba.gov/veterans.

 

About the U.S. Small Business Administration

 The U.S. Small Business Administration makes the American dream of business ownership a reality. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.

From the Director’s Desk – National Veterans Small Business Week

By: Mark S. Hayward

Hayward was appointed Rhode Island District Director of the U.S. Small Business Administration in March of 2000. Since that time he has served, on several occasions, as acting New England Regional Administrator as well as being appointed Senior Advisor to the 25th Administrator of the SBA, Linda McMahon.

November doesn’t only bring with it brisk winds and foliage, it brings the fifth annual National Veterans Small Business Week (NVSBW). Observed from November 5 – 9, NVSBW allows the SBA to honor those veteran small business owners who have displayed excellence in entrepreneurship. In Rhode Island, the SBA will be hosting a myriad of free small business workshops and events to further educate the veteran small business community. These workshops will include:

Monday, November 5
Understanding Your Financial Statements
Rogers Free Library, 525 Hope Street, Bristol, RI, 10:00am to 12:00pm

The numbers tell a story, and you need to be able to read it. Being able to understand what the numbers in your cash flow statement, and on your balance sheet are telling you is a critical component to understanding just how financially healthy your small business is. Participants will learn the tricks of the trade when it comes to deciphering what your financial statements are really telling you about your business.

Grow Your Book of Business: The three areas you MUST focus on to get more business
Northern Rhode Island Chamber of Commerce, 6 Blackstone Valley Pl, Suite 402, Lincoln RI, 2:00pm to 4:00pm

In today’s competitive business world, business people are competing both with local and non-local businesses for a share of the market. Additionally, there are too many events to go to, too many things to do and too many ways to spend on marketing and sales initiatives. Given these circumstances, what is a small business person to do with their limited time and resources? Join SCORE counselor and marketing consultant Bob Salvas as he discusses the three business development areas that EVERY business should pay attention to if growth and long-term success are their goals.

Tuesday, November 6
Steps to Starting a Small Business
Millrace Event Center, 40 South Main St, Woonsocket RI, 10:00am to 11:30am

If you are considering starting a business or in the early stages of launching one, this workshop will outline everything you need to know.

In this workshop, you will:

  • Develop your business idea and planning
  • Review the importance of a business plan
  • Gain an understanding of the process and requirements for starting a business, including;
  • Legal structures
  • How to choose and register a business name and entity
  • How to obtain an employer identification number, licenses, permits and insurance
  • Determining your financing needs
  • Understanding employer responsibilities
  • Learn about available resources and training

You will leave the session with an A-to-Z overview, and specific tools and tips that will help you get started quickly.

How to Finance Your Small Business: Learn From the Experts
West Warwick Library, 1043 Main St, West Warwick RI, 2:00pm to 4:00pm

Are you looking for ways to raise capital to start or grow your small business? Not entirely sure what options are there? Join us and our expert panel and hear all about the numerous programs available to help you get the access to the capital you need to succeed!

The panel will include: local SBA lenders, micro lenders, Certified Development Companies (CDC) and the Rhode Island Commerce Corporation (Commerce RI).

Come learn how these local entities and others can help you and get all of your questions answered!

Wednesday, November 7
Markets & Your Competitive Space
Portsmouth Free Public Library, 2658 E Main Rd, Portsmouth RI, 9:30am to 11:00am

Understanding where your customers are and how your small business fits into the market are extremely vital components of running a successful company. The “if you build it, they will come” mentality does not necessarily apply to small business, so learning how to do quality market research, industry and market analysis and forming a solid competitive strategy is a must!

Join our experts as they help show you how to do effective market research and ensure your business is able to maximize your reach to your customers.

Power of Networking

Northern Rhode Island Chamber of Commerce, 6 Blackstone Valley Pl, Suite 402, Lincoln RI, 2:00pm to 4:00pm

You understand that networking can grow your business and you have gotten over your shyness. Now what? Networking is not just about showing up at events (though that is part of it). What you do when you are there and after you leave is where the rubber hits the road. If you need to take your networking to the next level, come to this seminar presented by long-time networker and SCORE counselor Bob Salvas. Bob will give you tools and ideas that will make your networking more successful and more profitable.

Analyzing Your Competition
East Providence Public Library, 41 Grove Ave, East Providence RI, 2:00pm to 4:00pm

No matter what type of business you own or want to start, there is always going to be competitors out there. Understanding who they are, what they do right and wrong, and how you can differentiate yourself in a positive manner will only help you build a much stronger business.

Join our experts and let them show you how you can find out who your competition is, what they are doing, and how to use the information you find about them to your advantage.

 

 

Thursday, November 8

Government Contracting 101
RI PTAC, 315 Iron Horse Way, Providence RI, 8:00am to 10:00am

Did you know that the United States Government is the largest buyer of goods and services in the world every year? Each year, the government spends over $500 million on everything from paperclips to daycare services to Virginia class submarines. So why is this important to you? Because 23% of that $500 million is required to go to small businesses just like yours!

Join us as the SBA and Rhode Island Procurement Technical Assistance Center (RIPTAC) show how you can get started on the road to making the government your next customer!

 

Doing Business with Primes
Warwick Public Library, 600 Sandy Ln, Warwick RI, 2:30pm to 4:00pm

Have you ever wanted to become a sub-contractor/vendor for some of the biggest prime contractors in the country? Did you know that many of them are either headquartered or have large facilities right here in Rhode Island as well as nearby Connecticut and Massachusetts?

Join us for this interactive Q&A session with panelists from General Dynamics Electric Boat, Sikorsky and Colt’s Manufacturing Company as they explain what you need to do to work with them on some of the biggest contracts in the world! Bring your questions as our expert panelists are here to answer them and help you do business with them!

 

Friday, November 9

The Business Planning Process
North Kingstown Free Library, 100 Boone St, North Kingstown RI, 9:30am to 11:30am

 

“If you don’t know where you’re going, any path will lead you there.” In this workshop we’ll discuss the importance of the business planning process both as a way of promoting your business to others as well as creating a roadmap for your success. Specific topics will include the business plan, the business model canvas, and the pitch deck.

 

To register for any of the above workshops please contact Katie Gosselin at (401) 528-4585, or Katie.Gosselin@sba.gov.


For more information visit
www.SBA.gov/RI.