Starting a business is a big achievement for many entrepreneurs, but maintaining one is the larger challenge. There are many standard challenges that face every business whether they are large or small. It is not easy running a company, especially in a fast-paced, ever-changing business world. Technology advances, new hiring strategies, and now, political changes coming with the new administration, all add to the existing business challenges that entrepreneurs, business owners, and executives have to deal with.
Maximizing profits, minimizing expenses and finding talented staff to keep things moving seem to be top challenges for both SMBs and large corporations. We have been interviewing companies from around the world to discover what challenges they are facing in their businesses. We also asked each company to share business advice they would give to a younger version of themselves.
Below is our interview with Tony Cavallaro, Founder and CEO at JACA Architects:
What does your company do?
JACA Architects is a 24-employee healthcare architectural firm founded in 1991 by Anthony Cavallaro, AIA, who serves as the company’s Chief Executive Officer. JACA focuses its practice exclusively in the field of healthcare and medical design. JACA’s design work can be seen in many healthcare facilities throughout the region. A partial list of clients includes Beth Israel Deaconess Medical Center, Lahey Health, Southcoast Health, and Cape Cod Healthcare. The firm’s design expertise includes operating rooms, clinics, hospitals, physicians’ offices, and all aspects of healthcare design. JACA Architects is located in North Quincy, Massachusetts.
What is your role? What do you enjoy most about your role?
I am the CEO/Founder of JACA Architects. I am extremely humbled to find myself in this position. JACA architects is a firm solely dedicated to serving the healthcare client. This includes hospitals, medical centers, nursing homes and laboratories. I am most proud of being at a presentation or meeting where our staff presents to highly knowledgeable doctors, nurses, and researchers. The exchange of ideas that benefit the healthcare of those most in need is most rewarding.
What are the biggest challenges in your business right now?
Our biggest challenge is to insure our team is providing the most state-of-the-art solutions to meet both client and patient needs. The various delivery methods of healthcare, along with the advancement of technology, is ever-changing and at lightning speeds. We must take into consideration both perspectives, which sometimes are not aligned as closely as one might expect. Another challenge we face is finding new staff members that have the levels of intensity and compassion needed to ensure we sustain our commitment to excellence.
If you could go back in time, what business advice would you give to a younger version of yourself?
This statement is on my mind every day. My response is to always stay positive and continually learn from others, as well as learn from situations that did not resolve the way we had hoped. Without dwelling on problems or mistakes, I do think it’s important to reflect on these challenges and carry forward with confidence, knowing that we learn valuable lessons when we honestly assess all outcomes. As the leader of my organization, it’s incredibly important to set this example, so that we can constantly improve and grow.