Since assuming leadership of arc Thrift Stores, Lloyd Lewis has more than tripled revenue and increased EBITDA seven-fold, with a record 15 consecutive years of growth. Key to his success, is that Lloyd believes in his people.
Lloyd’s tips to empower your team:
- Don’t micro-manage. Gather the team, outline the problem, give them space to create the solution.
- Practice what you preach. arc Thrift’s mission is to fund programs for people with intellectual and developmental disabilities. A
third of its employees have such disabilities. - Hire those who align to your belief system and look beyond the paycheck.
A University of Denver study found arc Thrift
to have a $2.5B positive impact on the state of
Colorado during Lloyd’s tenure.