Comerica Bank invited business leaders from the Tampa area to share their experience and insights at the Tampa Bay Business Journal’s Publisher Dinner. The topic centered around business challenges and how to overcome them.
In this market, business leaders and entrepreneurs face an uphill battle to remain competitive and growing. Interest rates and inflation were top of mind, with several local leaders citing the importance of remaining flexible in an uncertain economy.
How are companies tackling this challenging dynamic? One approach is to focus on the fundamentals. “I’ve always advocated creating a culture around employee and customer experience,” said Barry Shevlin, CEO at FlyUSA. “If you focus on those two things, everything else tends to take care of itself. These philosophies became part of my DNA over the years.”
The conversation also included a focus on knowing when it’s time to sell. By establishing strong core business metrics and a dedicated team, companies can increase their value even in a difficult market. And working with a financial advisor can help you know how much is enough.
Ultimately, attendees walked away with new tips and emerging ideas on how to grow in a challenging market. These tips can help any business leader innovate and move forward.
For a detailed summary of the dinner, download Publisher Dinner with Comerica Bank. - PDF (11.5 MB)(PDF, 11 MB)