The Godfather - Atlantic Business Magazine
Transcription
The Godfather - Atlantic Business Magazine
V21N3 2010:V20N3 2009 4/26/10 10:49 AM 86 | Atlantic Business Magazine | May/June 2010 Page 86 V21N3 2010:V20N3 2009 4/26/10 10:49 AM Page 87 TO BE FRANK OBSERVING THE COLEMAN CODE OF CONDUCT BY DAWN CHAFE S omewhere in the vicinity of 4:00 am, a handful of mildly ‘preserved’ twentysomething siblings and their barely legal age sister return from a night on the town. As they enter the darkened family home, joshing and jostling in the foyer, their attention is drawn to a muted glow in the living room. There they find their father, silently commanding attention from a wing back throne. The severity of his facial expression is made even starker thanks to the harsh illumination of an overhead lamp. The festivities? Over. The lecture for having kept 19-year-old Maria out so late? As another of the seven Coleman children, Maggie, puts it: “he made sure we knew how he felt.” What he also felt, though the kids didn’t know it until later, was incredible joy at seeing how happy they were together. He’d barely been able to hold back the hugs. He would have loved to join in their exuberance, to bask in their sibling revelry, but a fatherly point had to be made and (regardless how hard it was on him) he was going to make it. In doing so, he inspired Maggie to forever dub him, ‘The Godfather’. It’s an apt sobriquet. Frank Coleman has much in common with the iconic character Marlon Brando made famous. Both head the most influential families in their communities. They are each preternatural prognosticators, evincing gifts of strategy that Napoleon would have envied. They are entrepreneurial, insightful, forceful, and growth-oriented. They are wise Solomons whose audience and counsel are sought by many. They offer deals whose refusal comes with not-so-pretty consequences. And both are surrounded by a defensive circle of informants and gate keepers. Photo: Scott Grant, roninphoto.ca But Coleman is equally the anti-Corleone. What was sinister and threatening in one, is endearing and even sometimes quasi comical with the other. Vito’s armed inner circle is Frank’s loyal coterie. The Don’s immoral justification that “it’s just business” is flipped with Señor Frank to whom everything is personal. And where one is completely bereft of moral compass, the other overflows with decency. Frank Coleman’s people will never have to take a bullet for him (as if he’d ever let them), but they eagerly agreed to, and even requested, the opportunity to praise their champion. Be thankful: it’s a story well worth the telling. Online extras: atlanticbusinessmagazine.com | 87 V21N3 2010:V20N3 2009 4/26/10 10:49 AM Page 88 In the beginning... Born in 1953, Frank Coleman is the oldest of Eugene and Lorraine Coleman’s eight children. He describes growing up in Corner Brook, NL as “idyllic”. Frank made his grand entrance into the world in 1953, the eldest of eight children (three boys and five girls) born to Eugene and Lorraine Coleman. Though Eugene and his brothers were second generation owners of the Colemans retail business, Frank says his wasn’t a particularly privileged childhood in the financial sense. “We didn’t live in a glam house or anything, but we thought we were well off as a family. We were very close. We had opportunities to work, to go to university.” Indeed, he describes growing up in Corner Brook as a delightful idyll of summer vacations driving around in the family station wagon (yes, all 10 of them) and salmon fishing with his younger brothers. Bill, eight years his junior, recalls one particular occasion when the two of them headed off to the lake before dawn. Hours later, fishless and fly-bitten, Bill had had enough. He curled up in the bottom of the boat and went to sleep. Frank, meanwhile, fished on, landing not one but two impressive salmon. Formative years It was apparent that between the fly fishing and back seat sing-alongs, Frank was unconsciously absorbing the Coleman code of conduct, an informal prescription of moral fortitude best articulated by father Eugene’s favorite poem (‘If’, by Rudyard Kipling): “If you can keep your head when all about you are losing theirs and blaming it on you… If you can wait and not be tired by waiting…” At 10, however, Frank hadn’t yet developed the anger management skills that would become his trademark in later years. When a neighbour smacked one of his friends for some now long-forgotten misdemeanour? Young Frank repaid the lady’s too quick hand by spray painting her brand new car. “Of course, she grabbed me the next day in my backyard. I got in a lot of trouble for that one!” he laughs. There’s a common adage that idle hands are the devil’s workshop, and that a heavy work load keeps you out of trouble. Whether that was Eugene’s motivation or Great Outdoors. Great Ideas. Want a memorable meeting experience? Gather in the middle of a UNESCO World Heritage site – Gros Morne National Park – only 30 minutes away from Deer Lake Airport. Gros Morne Gatherings has all the modern facilities to host up to 400 guests in a natural environment National Geographic calls one of the best parks in North America. To explore more, visit us online. 88 | Atlantic Business Magazine | May/June 2010 V21N3 2010:V20N3 2009 4/26/10 10:49 AM Page 89 V21N3 2010:V20N3 2009 4/26/10 Frank Coleman, businessman, scholar (B.A., M.A.) and father (shown below with two of his seven children, Eugene and Anna Claire). 10:49 AM Page 90 not is impossible to discern (he passed away in 1991), but one thing is certain: he made sure Frank was rarely unoccupied. In addition to pushing him to excel in school and public speaking (Frank won first place every year), Eugene had no problem finding jobs for his son, along with Frank’s brothers and cousins, in the family business. No task was beneath them. From stocking shelves to bagging groceries to prepping produce, the Coleman kids were expected to do it all. In Frank’s opinion, sweeping the dark, dusty warehouse was the worst chore imaginable. That is, until his father put him and his cousin Mike on the sales floor in the furniture department wearing pink shirts with matching ties, beige twill pants and seeksucker jackets. “He had seen it somewhere,” says Frank. “He said, ‘this is what salesmen should look like’. We looked like two fellows out of a Barnum and Bailey circus. That was the year I enjoyed the warehouse.” Not all of Frank’s part-time employment was in the family business, however. He also spent one summer selling newspaper subscriptions, and another two in the Corner Brook economic development office. “And then I set up a little business of my own. I was selling advertising for a project that I thought I could do, and I did that for a summer.” The casual jobs, however, were mere interludes punctuating the really serious work of higher education. Though Frank was a diligent student, earning a B.A. from St. Francis Xavier and a Master of Economics degree at Dalhousie, one of his most memorable lessons was again delivered by family. “I was at university, and I phoned my father and said I needed some money. ‘Okay’, he said, and he sent me $100. I phoned him back and I said, “$100? That’s not enough. That’s chicken feed.’ And he says, ‘Oh, is that right? I’ll look after that.’ Four or five days later, an envelope shows up and there’s something in it and it shook. I opened it up and there was this little note. And the note said: ‘This is chicken feed. That was money.’ I never forgot that.” Coming of age In the final months before his graduation from Dalhousie, Frank was introduced to Yvonne Hennebury, an attractive St. John’s native and nurse. That same night, he wrote a note to himself that this was the girl he wanted to marry. She, however, wasn’t equally impressed by the introverted student. Yvonne reportedly could have had her choice of suitors, but she was more interested in building her career and doing missionary work overseas. Fortunately for Frank, Yvonne’s sister had taken a liking to him and quietly encouraged sobey.smu.ca There’s a Sobey MBA for you logical, rational types. You may be surprised by the MBA options available to you. If you’re a “get it done” kind of person, for example, you might be interested in our standard two-year full-time MBA, our accelerated one-year stream, or even our challenging MBA-CMA. At the Sobey School of Business, we pride V\YZLS]LZ VU [OL X\HSP[` VM HSS V\Y 4)( WYVNYHTZ 9LNHYKSLZZ VM ^OPJO WH[O `V\ JOVVZL `V\»YL ILULÄ[PUN MYVT studying at the most comprehensive AACSB accredited school in Atlantic Canada. For more details on the Executive MBA or MBA program that might be right for you, please visit sobey.smu.ca V21N3 2010:V20N3 2009 4/26/10 10:49 AM Page 91 the subject of his admiration to give him a second look, all the while encouraging Frank not to pursue Yvonne too aggressively. The strategy worked. Yvonne soon liked him enough to warn off a potential rival by describing the unsuspecting Frank as “a nerd”. Six months after they first met, Frank proposed. Before another six months had passed, they were married. Frank’s first career opportunity was as a senior economist with Newfoundland and Labrador Hydro, but he was living in Halifax at the time and didn’t have the money to fly to St. John’s on the premise of an interview that might not pan out. “I wouldn’t ask my father for it,” he says, remembering the chicken feed. Instead, he approached what was then the Unemployment office and asked them for the money. The funds were provided following verification that there was an actual interview pending, a proceeding which impressed the future boss and secured Frank the job. Yvonne, meanwhile, tried to continue her nursing career, but she and Frank had both agreed they wanted a large family and she eventually had to give up nursing. “When we had two children, it was too hard to keep up,” she says. “I agreed to stay home with the children.” Towards the end of his seventh year with Hydro, Frank needed a new challenge, so he began teaching night classes at Memorial University. “Then I started a company selling satellite dishes, and then I started a consulting company.” With four children at home and Frank working day and night, it wasn’t long before something had to give. In 1983, Frank Coleman resigned his safe, steady job at Hydro to become a full-time private consultant. He was soon engaged with environmental impact studies for the Hibernia offshore oil development. “I did some work for Sealand Helicopters. I did some work in agriculture, and I found that all very fascinating.” He says he would have been content to continue following his entrepreneurial instincts, but fate had something else in store. Destiny “I guess I always knew in the back of my mind that I was going to return to Colemans,” says Frank of the invitation to return to the family firm. “I tried to fight it for a long time. I guess perhaps I felt that I had to prove, to myself, that I could make it on my own.” At that point, he’d been gone from the company for 18 years. He had to relearn the culture of the business, understand the drivers required to move it forward, and reacquaint himself with the market and products. Most (Top) Frank Coleman stepping outside his comfort zone on a paving machine; (Bottom) Fishing with brother Bob Coleman, Eagle River, LB. continued page 94 sobey.smu.ca There’s a Sobey MBA for you intuitive, creative types. You may be surprised by the MBA options available to you. If you’re a multi-tasking kind of person, for example, you might be interested in our Executive MBA, which recognizes and works around your industry experience, or even our part-time MBA. At the Sobey School of Business, we pride V\YZLS]LZ VU [OL X\HSP[` VM HSS V\Y 4)( WYVNYHTZ 9LNHYKSLZZ VM ^OPJO WH[O `V\ JOVVZL `V\»YL ILULÄ[PUN MYVT studying at the most comprehensive AACSB accredited school in Atlantic Canada. For more details on the Executive MBA or MBA program that might be right for you, please visit sobey.smu.ca V21N3 2010:V20N3 2009 4/26/10 10:49 AM Page 92 Frank Family Stories YVETTE (17): I have always dreamed of a career performing classical music or opera, and dad has always been there helping me pick out music for hours, looking at different artists and music schools. He has always dreamed of being an opera singer and I think he is very proud that his daughter is reaching for that goal. MARIA (21): To dad, heart is more important than talent. How bad do you want it? At one point when the circumstances surrounding my dream were at their worst,…when people were telling me to choose one thing or the other, I pictured my dad quietly whispering – you can have it all. Impossibility is not a word he throws around. Frank Coleman in his favorite pose: standing side-by-side with the Coleman clan. Back row (L-R): Frank’s daughters Anna Claire, Yvette and Janet; Middle row (L-R): daughter-in-law Janice (married to Eugene) holding granddaughter Clare, son Eugene, wife Yvonne, daughter Maria, daughter Maggie, Frank Coleman; Kneeling in front: son Aidan. Southwest Properties is proud to congratulate CEO Jim Spatz on being inducted into Atlantic Canada’s Top 50 Hall of Fame with his fifth Top 50 CEO selection. Your dedication to our company and the community makes a mark that will last forever. ALWAYS IN VOGUE www.southwest.ca 92 | Atlantic Business Magazine | May/June 2010 NL 709.722.9432 NS 902.562.5501 www.voguefurriers.com AIDAN (23): Dad thrives on change, and the chameleon in him will always adjust to whatever environment he finds himself in. If you dropped him and mom off on an uninhabited island with only his un- V21N3 2010:V20N3 2009 4/26/10 10:49 AM derwear, this is what would unfold. He’d say to himself, ‘Hmmm, what can I do with a pair of underwear?’… then he’d run off into the forest and by golly if by evening my mother wasn’t sitting down to a candlelight dinner with a glazed ham and pina coladas. But he only understands his purpose through giving. Put him on the same island without mom, and he wouldn’t last a week. You’d find he died, turned into a raisin and left nothing but the underwear behind. JANET (25): My dad is a great man, who has no idea he is great, which makes him a rare breed among great men. He recently spoke for a seminar class at our local college. He asked my two-and-ahalf year old son Gabriel and me to go with him. I was hesitant, but dad was insistent that Gabriel come as his assistant for the day. He told me he hoped the students didn’t just remember him as the boring old CEO, but as the guy who brought the cute kid. Page 93 MAGGIE (27): Every summer, late August, he would call us into the house one-by-one to talk about what we wanted to achieve in the coming school year. He’d have a chart with columns for studies, extra curricular activities, exercise, musical talent, etc… He never pressured us to do any particular activity, but he wouldn’t let us be lazy either. ANNA CLAIRE (28): Dad is a very funny person! He loves music and will sing almost any song that catches his ear. He came into the kitchen one evening, doing a little dance and singing “don’t cha wish your girlfriend was hot like me”. And he would do funny things while driving us to school as kids. He would beep the horn and wave at every passing vehicle, and the other drivers would wave back at us in a peculiar way, all the way trying to figure out who was waving at them. EUGENE (30): I’ve worked with my father for the past eight years. I appreciate his honest and objective feedback, even though that might take place at a moment’s notice in the living room. Working with dad and other family members certainly brings a higher level of dedication to the business. WIFE YVONNE: We were going on a family weekend to Rocky Harbour, and he brought his easels. I knew that meant he was planning a meeting and I wasn’t very pleased with him. The next day, he ushered the whole family into the hotel conference room. The meeting was for us! He had juice and muffins arranged, tea and coffee, and we spent the whole morning talking about the meaning of family and what we wanted to achieve as a family. We created a family mission statement, we had it framed and we gave copies to each of the kids. They loved it! We’re proud to congratulate so many of our clients, colleagues and friends for being selected as this year’s Top 50 CEOs. V21N3 2010:V20N3 2009 4/26/10 10:49 AM Page 94 I always knew in the back of my mind that I was going to return to Colemans. importantly, he had to earn the trust of the people around him. There wasn’t any jealousy or resentment, but there was a natural curiosity about whether or not he was up to the task. Frank had joined the company in a senior management role and he was determined to quickly deliver an impressive performance. Upon his arrival, he found an entrepreneurial business with hard working leadership and equally diligent staff. What they lacked, he thought, was the infrastructure to carry the business to the next level. Specifically, they had limited computing capacity and no HR function. Frank had identified a niche where he was needed. Within 60 months, he had made his bones–and earned the company’s top post. Seeing Results Fast forward 24 years, and everyone can finally, clearly, see what Frank had so readily perceived. The results are, pardon the pun, frankly astounding. The company’s technology investment has grown into a Point of Sale business intelligence software that would make Sam Walton proud. Sales data from all 12 grocery stores, by department, is updated every two minutes. Each day, sales and inventory values are published internally and data automatically compared against results from the same day in the previous year. And each week, complete sales and gross profit reports are available for management review. Scott Bennett, director of Colemans fiveperson information technology department, thrills to the company’s progressive environment. “We’ve brought in consultants from around the world, bought systems in the U.K.. It makes it very exciting to work here,” he says. When pressed, he admits he might be able to make more money elsewhere, but shakes his head at the thought of even considering that possibility. “I’m paid well, I have a lifestyle in Corner Brook that’s second to none, and I have a boss who gives me lots of leeway to make decisions.” That autonomy is balanced by accountability. Thanks to the technology systems he’s helped put in place, Bennett and his fellow department heads know they will be held accountable for their decisions every Tuesday morning. That’s when Frank 94 | Atlantic Business Magazine | May/June 2010 V21N3 2010:V20N3 2009 4/26/10 10:49 AM Page 95 holds his weekly management group meetings. “We don’t manage the business by quarters, or by six month intervals, or annual statements,” asserts Frank. “We manage the business by day. We work with a sense of urgency so that we can fix problems before they become issues.” Despite last year’s recessionary environment, and in spite of operating in an ultracompetitive retail environment against heavy-hitters like Loblaws, Sobeys and WalMart, Colemans annual retail sales are up 17 per cent. Shareholder return on equity is up by a comparably comfortable doubledigit figure. Rather than dreading her turn in the Tuesday morning hot seat, Janet Joyce looks forward to her participation in those regular progress meetings. Joyce manages the 830employee company’s Human Resources department, and she relishes her inclusion at the departmental level. She describes the fact that she reports directly to Frank as a “very enlightened approach”. “HR typically reports to Finance,” she says. That statement reminds her of a time when Frank overheard one of her colleagues teasing her about HR not being a revenue generator. “He was not amused,” she says about the perception of the department he founded more than two decades earlier. Colemans, explains Joyce, is a business where the people on the front lines frame the customer service experience. “Our profitability is tied to the engagement of our employees, and Frank really gets that.” The employees get it too, ‘it’ being formal Respectful Workplace and Guaranteed Fair Treatment policies, an Employee Family Assistance program (to support staff in times of crisis), an Employee Caring program (to recognize joyful and tragic moments), a Wellness Program for health promotion, Reward and Recognition and Something to Look Forward To programs (to recognize employee contributions in a concrete manner). Wages are competitive, orientation and mentorship programs are in place, there’s flexible scheduling, recruiting bonuses and even a Colemans scholarship. Not to mention the regular training in food preparation and presentation. The most effective weapon in Joyce’s recruit and retain arsenal, however, is often Frank himself. “I was in his office this time for a meeting, and a bakery assistant who was leaving the company came up to his office to say good-bye. She said she couldn’t go without shaking his hand. This was someone who worked in the basement of the building, and we were on the top floor. continued page 97 Online extras: atlanticbusinessmagazine.com | 95 V21N3 2010:V20N3 2009 4/26/10 10:49 AM Page 96 Frank Lessons In his own words… ENTREPRENEURIAL CULTURE “Inventiveness and innovation are key to surviving a second, third, fourth generation. One of my biggest fears is that we will drift away from our entrepreneurial drive. That’s why I attempt to recreate our business all the time, to destroy it, beat it up and change it.” ON MANAGING FAMILY The first iPhone app for Nova Scotia real estate! View over 750 properties mapped throughout Nova Scotia & Halifax from the palm of your hand! SeaNovaScotia.com 96 | Atlantic Business Magazine | May/June 2010 “I’ve been really, really careful about putting family members in roles that match their skills and abilities. I’ve never had to fire a family member, though I have had some tough discussions with some family members and encouraged them to consider alternate arrangements.” ACHIEVING BALANCE “I’ve never allowed the accountants to bring me a financial report or a piece of bad news that didn’t absolutely rank as a priority, an emergency, on a Friday. It always had to be a Monday. Monday, if it wasn’t an absolute disaster that required emergency corrective surgery, then you had your weekend with your family.” SUCCESSION “I feel confident about the future of this company. We have some very ambitious and capable people, both Colemans and nonColemans. But I’m not retiring any time soon. I’m having too much fun.” V21N3 2010:V20N3 2009 4/26/10 10:49 AM It’s not like he passed the bakery on his way to the office every day, but he had obviously made a regular effort to meet and talk with the people who worked there. That made a powerful impression on me.” Gentlemanly Behavior Indeed, the character of the man is integral to the story of the CEO. Frank Coleman’s worst faults (brace yourself) are playing Andrea Bocelli at full volume first thing in the morning, using every pot in the house whenever he cooks and occasionally showing up late for meetings. Family is always his top priority. He can be forceful and direct, but he doesn’t get mad – ever. Anger, he says, is counterproductive. He is consistently respectful of the people around him: family, friend and coworker alike. Both the current and former mayors of Corner Brook (Neville Greeley and Priscilla Boutcher) affirm the City is fortunate to have such a civically-minded company in their community. They couldn’t even report a single development or tax-related dispute with the company. He is reliably charitable and selfless, a man his admirers report is defined by his ability to serve others. Childhood friend and president of Rocky Mountain Liquor, Peter Byrne, describes him as having the moral authority to be a CEO. In conducting the interviews for this story, subjects invariably asked what the angle and purpose would be. At first, it appeared there must be something to hide. Soon, it became apparent that people were genuinely concerned that the story do Mr. Frank justice. In a reversal of the mafia code of silence, word of the story soon got around. Before long, potential subjects were emailing and calling with offers to do interviews – a first for this scribe. The obvious and only conclusion is that Frank Coleman is truly one of a kind–but not entirely. Even as he forges ahead with growth, the father in Frank carefully nurtures the next generation Coleman clan. Son Aidan, in particular, appears to have inherited his father’s talent with paint. He plans to redecorate the family home some night after his unsuspecting parents have gone to sleep. He says the current uniform vellum-toned hue is “driving him crazy.” His plan is to get hyped up on coffee, and assign each room its own vibrant shade. In the Coleman family, painting is the equivalent of sleeping with the fishes. | ABM Page 97 We’d like you to see things from our point of view. This view could be yours. Check out: www.cornerbrookport.com/realestate.html CORNER BROOK PORT CORPORATION Shipping. Real Estate. Cruise Tourism. tel. 709.634.6600 email. info@cornerbrookport.com For business investment opportunities… City of Corner Brook Business Resource Centre t. 1.888.637. 1588 e. business@cornerbrook.com Congratulations to Frank Coleman as Atlantic Business Magazine’s 2010 CEO of the Year. 48 West Street • Downtown Corner Brook Reservations: 1-800-399-5381 • www.greenwoodinn.ca Online extras: atlanticbusinessmagazine.com | 97