After 140 years, Globe Dye Works Co. went out of business. Located in northern Philadelphia, the manufacturer of chemical dyes, treatments and related products was operated as a quintessential industrial enterprise by five generations of the Greenwood family. Earning its motto, “You can rely on Globe”, the company faithfully served its customers, employed thousands of dedicated employees and became the economic foundation for its broader community. After facing intense shifts in the competitive landscape, structural shifts in labor costs and decreased demand for its products and services, the company eventually stopped growing. After a long decline, and courageous attempts by management and employees to reverse the company’s fortunes, Globe Dye finally closed its doors in 2005. The Iconic Globe Dye Works sign now reads ‘Good Bye Work’.
Today, all that remains is the company’s gritty, industrial complex that sits along the northeast rail corridor. Now faded and rusted, the company’s iconic logo continues to tower prominently over the red brick buildings, tantamount to a warning sign that seems to say: AVOID AT ALL COSTS!
The location in which you see this short film or operate your company — whether in Silicon Valley, Dubai, Detroit, Mumbai, Shanghai, or north Philadelphia — is of no consequence. Companies of all shapes, sizes and geographies share the common objective to, not only avoid the fate of companies like Globe Dye Works, but to also find ways to thrive and grow. As companies pursue these objectives, they must confront the central underlying question: Can business growth and renewal be more inevitable than decline and failure?
The Growth is Human short film is being screened (premiered) in Washington D.C. Details are below:
When: March 28, 2013
Doors open 6:00PM
Where: Long View Gallery
1234 9th St NW
Learn more and RSVP at www.GrowthIsHuman.com
image credit: growthstrategy. com
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Wayne Simmons is an accomplished executive, innovator, value creator, and entrepreneur and co-author of GrowthThinking: Building the New Growth Enterprise. As CEO and Co-Founder of The Growth Strategy Company, Wayne leads the vision, strategy and growth of the company. He has worked for global advisory firms Ernst & Young, Deloitte Consulting, and has been a trusted advisor to C-level executives at Fortune 500 corporations, venture capital firms, and small and midsized companies. Wayne was trained in airborne reconnaissance for US Army Intelligence; and is an alumnus and Fellow of The Wharton School of the University of Pennsylvania.
Keary Crawford is a results-driven executive leader with extensive experience in operations, M&A and finance for start-up, entrepreneurial and middle-market companies. As co-founder and COO of The Growth Strategy Company, she manages the strategic growth and vision, and day-to-day operations; and is co-author of GrowthThinking: Building the New Growth Enterprise. Keary was trained in Behavioral and Social Sciences and is a Fellow and alumna of the Executive Development Program at the Wharton School of the University of Pennsylvania.