Currently Reading

Positive Feedback Loop: 4 Ways to Create a Company Around Collective Success


Positive Feedback Loop: 4 Ways to Create a Company Around Collective Success

Adams + Beasley Associates has been named a Top Places to Work in Massachusetts for three consecutive years. The co-founder of the 70-employee design-build company shares his insights into what it takes to create an award-winning company culture. 

By Eric Adams April 19, 2023
adams + beasley associates
Photo courtesy Adams + Beasley Associates
This article first appeared in the May/June 2023 issue of Pro Remodeler.

We've gotten a lot of recognition for the quality of our building projects—and what we build is our core business—but being awarded Top Places to Work in Massachusetts for three consecutive years is by far our proudest achievement. 


Putting Company Culture First, From the Beginning

Angus Beasley and I started our company, Adams + Beasley Associates, more than 15 years ago. Building was our passion, but first and foremost, we built our business around the company culture because we felt like that was the most important aspect for long term success.

We wanted to create a business and workplace that would attract and retain the best talent in our area. Being a general contractor, we don’t have many assets outside of our people.


top places to work


We've fumbled our way through the last 15-plus years, but feel very proud to be where we are now where we have created that environment and atmosphere in that shared set of values and community inside our company where people are protective of it and celebrate it. Which, ultimately, is really what the Top Places to Work is all about. That’s a testament to everyone in the team.


Elements of Our Collective, Positive Feedback Loop Culture


Want to learn more from Eric Adams on company growth and culture? Hear him speak at The Pinnacle Experience 2023

company culture adams + beasley
Photo courtesy Adams + Beasley Associates


1. Open Book Finances


We are an open book company financially. We encourage everyone to think and act like an owner because we feel that they make decisions that ultimately can fulfill two primary objectives: One is personal accomplishment and achievement. The other is collective accomplishment and achievement.

We do annual classes on financial literacy so that people who don't look at the books regularly can hopefully look at reports sent out, and that are available on our internal intranet, to understand the state of the company. How is this year looking? How did we do last year? A lot of that revolves around our profit share.


2. Profit Sharing


A subset of the company volunteered to participate in our annual profit sharing committee. Everyone likes to get a share of the profits. Through the collective accomplishments we all work on, we succeed. 


company culture adams + beasley
Photo courtesy Adams + Beasley Associates


Our sales and estimating team works tirelessly to make the most accurate and comprehensive estimate so that when our production team in the field has to manifest that plan, they're set up to succeed. And likewise, they work as hard as they can to accomplish the expectations and the waypoints set in the budget and planning process. 

So if we can do those things really well consistently over the course of the year, then we end up with strong profitability that ultimately we share with everybody. Again, reinforcing people's desire to be working there, to participate, and work hard. It’s a positive feedback loop when done well.


We can't show up for work to be the productive, thoughtful, caring, supportive professionals that we are if we're not first taking care of ourselves and our families.


3. Flexible PTO


We just rolled out flexible PTO in January. Within reason, it allows people to take more control of their personal life. It’s one of the things that was intrinsic to our culture, although maybe less clearly articulated. COVID really cemented for us that it’s family first.

We can't show up for work to be the productive, thoughtful, caring, supportive professionals that we are if we're not first taking care of ourselves and our families. We felt like it was a real opportunity to showcase, to emphasize, putting one's health and well-being in front of the company in a way that we hadn't before.


top places to work adams + beasley
Photo courtesy Adams + Beasley Associates


4. Internal Celebration and Support


One of the things that was so impactful for me is for the first time at our holiday party, we handed out core value awards that were nominated by the team. The owners presented them, but they were decided by the group.

We presented one award for each of the values, and one of our construction managers was awarded. He came up to me afterwards and gave me a hug, and he said, “Eric, you guys changed my life and gave me a second chance.” When he started working for us 12 years ago, he went through some personal issues, and we gave him the freedom and flexibility to take care of himself.

It was just such an authentic embrace and just sharing this mutuality where we both come to work, we work hard, we try our best to be good people, we try our best to be compassionate, empathetic, and professional.


adams + beasley associates
Photo courtesy Adams + Beasley Associates


That's the glue that keeps us all together and it's the same thing that allows us to be profitable and to share the profits. It’s this positive feedback loop. 

We’re not a company of problems. We say, “Don’t come to me with a problem, come to me with a solution.” It's almost a metaphor for the whole business: when you're in charge of coming up with your own solutions, in some ways, there's an underlying sentiment of resourcefulness and thoughtfulness because I think everyone genuinely feels like anything less than that wouldn't be doing their best to support the team.

Eric Adams started sweeping jobsites for his uncle when he was 11 and instantly became enthralled with construction. Between 2004 and today, he has grown from a sole proprietor and carpenter to a leader in a 70+ person award-winning construction company. Focusing on a values-based approach to business and leading with heart, he and his team have continuously exceeded their goals, and celebrate their collective successes together. He is currently the Chair of the Zoning Board and a member of the Planning Board in Carlisle MA, as well as the President of the Professional Remodelers Organization of New England.


Add new comment

Plain text

  • No HTML tags allowed.
  • Web page addresses and email addresses turn into links automatically.
  • Lines and paragraphs break automatically.

Related Stories

Managing Business Risk to Embrace Risk

As remodelers, our product is risk. Yet within our businesses, we fear risk. Just like with your projects, if you plan accordingly, your risk comes with reward

What the Most Successful Remodelers are Doing Right Now

Industry advisor Mark Richardson shares the answers to his three most asked questions: What's the remodeling market like? What are other remodelers doing? How do I measure up?

Becoming an Employee-Owned Design-Build Company

One remodeler’s cancer diagnosis changed the way he approached succession planning

10 Remodeling Sales Techniques for 2024

Mark Richardson explains the benefits of visual selling, strategic questioning, intentional messaging, and more on this episode of Remodeling Mastery

3 Ways to Start and Operate a Successful Handyman Division

So, you want to start a small projects division? Three successful remodelers lay out their winning approaches and hard-learned lessons

6 Tips for Software Adoption in a Remodeling Company

A design-build owner shares how he successfully implemented new softwares into his processes

6 Results-Proven Marketing and Sales Tips for Contractors

The Pinnacle Experience’s keynote speaker, author of "They Ask, You Answer" offers results-driven tips contractors can start today for improved leads

Forty Under 40 Remodeling Trendsetters

The new ideas embraced by our Forty Under 40 winners are examples of forward-thinking leadership in remodeling


How to Create a World-Class Remodeling Team

Great remodeling companies position themselves for the future with the right players

How to Increase Your Odds of Closing Remodeling Sales

Use these tips to hone your sales process and grow close ratio


More in Category