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They Say Success is Fleeting: The Story of Crestron’s 30 Yrs of Success w/ Randy Klein

August 12, 2021 by Ted Leave a Comment

Business guru Tom Peters has written a total of 18 business books selling in the aggregate more than 10,000,000 copies. But just one of those books is itself responsible for about half that total – or 5,000,000 copies. That book, In Search of Excellence, was published in 1982 in collaboration with Robert H. Waterman, Jr. and is to this day considered one of, if not the, most successful business books of all time.

I should note that neither Crestron, nor Randy Klein is featured in the book. But many of the 43 public companies that are profiled in that book as organizations that embraced processes that drive excellence would, in just a few short years after publication, fall into hard times themselves. Companies like Wang Labs, Xerox, and NCR in subsequent years were no longer excellent – and so it would seem that, as the old saying goes, “success is fleeting.”

Yet Crestron under CEO Randy Klein is on a 30-year winning streak. See how…

[Read more…] about They Say Success is Fleeting: The Story of Crestron’s 30 Yrs of Success w/ Randy Klein

Filed Under: Management, Manufacturers, News, People Tagged With: Crestron Electronics, Crestron Home, Randy Klein

Snap One, Yet Another Major Exhibitor, Pulls Out of CEDIA Expo 2021

August 12, 2021 by Ted 3 Comments

BREAKING NEWS

Strata-gee broke the news to the industry on Tuesday that Savant had announced they were pulling out of CEDIA Expo 2021 due to the surging COVID Delta variant putting employees and attendees at risk. Today, Snap One, another major CEDIA Expo exhibitor has made the same decision, pulling out of the event currently scheduled to launch in just about three weeks from now.

See more on this new announcement from Snap One…

[Read more…] about Snap One, Yet Another Major Exhibitor, Pulls Out of CEDIA Expo 2021

Filed Under: Brands, Management, Manufacturers, News, Shows & Events Tagged With: CEDIA, CEDIA Expo, COVID, G Paul Hess, Savant, Snap One

Savant Pulls Out of CEDIA Expo; Cites Health Concerns from Delta Variant

August 10, 2021 by Ted 2 Comments

BREAKING NEWS

Bob Madonna at an integrator event

Savant Systems announced today that it has decided to pull out of the CEDIA Expo, scheduled for the beginning of September in Indianapolis, due to concerns surrounding health and safety. As the COVID “Delta” variant continues to fuel a new wave of infections around the country, many potential attendees are likely making the same calculation.

See more on Savant’s decision to pull out of CEDIA Expo…

[Read more…] about Savant Pulls Out of CEDIA Expo; Cites Health Concerns from Delta Variant

Filed Under: Management, Manufacturers, News, Shows & Events Tagged With: Bob Madonna, CEDIA, CEDIA Expo, Robert Madonna, Savant, Savant Power, Savant Systems

TechStarter: Will We Find the ‘Next Big Thing’ at CEDIA Expo 2021?

August 5, 2021 by Ted Leave a Comment

CEDIA 2018 crowd

Emerald, the exposition company that owns CEDIA Expo, announced this week that they will again field a TechStarter competition at CEDIA Expo 2021. TechStarter, the show says, is sort of a tech-specific version of ABCs Shark Tank show, where exhibitors in the show’s “Launchpad” section – the section that used to be known as Innovation Alley – get to pitch their business models to the judges (comprised of top industry executives) in the hopes of being selected as one of the TechStarter FIVE.

See more on the TechStarter competition at CEDIA Expo 2021

[Read more…] about TechStarter: Will We Find the ‘Next Big Thing’ at CEDIA Expo 2021?

Filed Under: Manufacturers, Marketing, News, Shows & Events Tagged With: CEDIA Expo, next big thing, TechStarter

Moody’s Raises Snap One’s Credit Rating in Wake of Its Successful IPO

August 5, 2021 by Ted Leave a Comment

Moody's Investor

Moody’s Investors Service, one of the top global credit and bond rating agencies, announced last week that it has raised the credit rating on Wirepath LLC (dba Snap One) based on its successful completion of an initial public offering of shares of the company’s stock. This is good news for Snap One and potential investors.

Learn more about the new Snap One credit rating by Moody’s

[Read more…] about Moody’s Raises Snap One’s Credit Rating in Wake of Its Successful IPO

Filed Under: Financial, Management, Manufacturers, News, Strategy Tagged With: Moody's Investors Services, Snap One, SnapAV

Amazon Founder Bezos No Longer the World’s Richest; You Should Be Concerned

August 4, 2021 by Ted 6 Comments

[Photo: Gutierrez/Associated Press]

Last Friday, Amazon founder and now former CEO Jeff Bezos woke up the richest man in the world. He has been the richest man in the world for quite some time now. Yet when he went to bed Friday evening, he was no longer. And the reason that’s so should serve as a warning to you and all of us in the tech biz in 2021.

See why you should take warning from the Jeff Bezos situation

[Read more…] about Amazon Founder Bezos No Longer the World’s Richest; You Should Be Concerned

Filed Under: Consumer Trends, Financial, Management, News, Strategy Tagged With: Amazon, e-Bay, Etsy, Jeff Bezos, Pinterest, Wayfair

Top Tech Sales Rep Jeff Caton Dies

August 4, 2021 by Ted 5 Comments

photo of Jeff Caton

Known for His Unique Blend of Hustle and Humanity

Jeff Caton, CEO of High-Tech Network, died suddenly at his home in Norris, Tennessee on Saturday, July 31st. He was just 62-years-old. Caton, one of the most respected manufacturer sales representatives in the Southeast region, was widely known for his unique blend of hustle and humanity.

See more on the passing of Jeff Caton

[Read more…] about Top Tech Sales Rep Jeff Caton Dies

Filed Under: People, Sales Reps Tagged With: Jeff Caton, obituary

Still Sick with COVID, Emerald Says It Lost $46.5M in Fiscal 2nd Quarter

July 30, 2021 by Ted 3 Comments

CEDIA Expo 2019

On Eve of CEDIA Expo, Show Owner Admits Reduced Attendance at ‘Near-Term Events’

Emerald Holding, Inc. (NYSE:EEX), owner of the CEDIA Expo show, reported its results for the second quarter of fiscal 2021 confirming that the company lost $46.5 million in the quarter as it continues to struggle with the impact of COVID-19. Clearly, the pandemic slammed the live event and exposition industry and even as coronavirus begins to wane, the industry is finding it difficult to return to normal.

See more on the results for Emerald in the quarter

[Read more…] about Still Sick with COVID, Emerald Says It Lost $46.5M in Fiscal 2nd Quarter

Filed Under: Financial, Management, News, Shows & Events Tagged With: CEDIA Expo, COVID-19, Emerald Expositions Events, Emerald Holding Inc.

Savant Power: 3 Reasons Why It Just Might Disrupt the Power Segment

July 29, 2021 by Ted Leave a Comment

A Racepoint Energy, now Savant Power, Microgrid

By now, you may have heard that Savant has acquired Racepoint Energy, LLC, which will now operate as Savant Power. In another post, I discuss this acquisition in a little more detail and interview Savant Power President Anna Demeo. Demeo is incredibly smart and because of this, it was one of my more challenging interviews – let’s just say you don’t want to take her on in a game of Scrabble. This is a big move by Savant and if you don’t look closely, you may miss the importance of what it potentially represents – a significant disruption of the power segment.

See the 3 reasons why Savant Power may disrupt the power segment…

[Read more…] about Savant Power: 3 Reasons Why It Just Might Disrupt the Power Segment

Filed Under: Brands, Integrators, Manufacturers, News, Tech Trends, Technology Tagged With: Racepoint Energy, Savant, Savant Power, Savant Systems

Savant Power Play, Connecting Integrators to Power

July 29, 2021 by Ted 4 Comments

Savant intelligent companion modules

Strata-gee Interviews Savant Power President Anna Demeo

Last week, Savant Systems, Inc. announced that it had acquired Racepoint Energy, LLC, a provider of innovative power solutions. What many people did not know was that Racepoint Energy was another venture launched by Savant CEO Bob Madonna, and was originally intended to be a freestanding solution – primarily targeted for commercial, industrial, and utility markets.

But then the world changed and it made sense for Savant to bring it under their residential automation brand.

See my interview with Savant Power President Anna Demeo…

[Read more…] about Savant Power Play, Connecting Integrators to Power

Filed Under: Brands, Integrators, Manufacturers, News, Products, Tech Trends, Technology Tagged With: Anna Demeo, climate change, power management, Savant, Savant Power

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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