Investing in People Is Profitable
Peggy welcomes Robert Mercado, a partner in the Assurance Services division at Marcum LLP, to the show to discuss best practices to improve profitability. He agrees that to adopt technological innovation in any industry, it begins with leadership. He advises that in an industry facing fast changes, a leader’s role is to offer mentorship opportunities in order to prepare future workers. Further, he explains the importance experienced workers training the incoming workforce. Mercado goes on to say that industry leaders need to think further out, and start sending speakers to schools, where they can offer middle schoolers and high schoolers alternatives to a four-year college education. He concludes by advising companies to find ways to bridge experiences of both older and younger generations in the workforce for better company results.