the house that service built

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Abt Electronics “The House That Service Built”

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Page 1: The House that Service Built

Abt Electronics“The House That Service Built”

Page 2: The House that Service Built

About Me

• Eldest Of The Brothers• All Share President Title• Biology Degree• Medical School

1970 – David AbtHoliday Season

2012 – Mike Abt4th of July

Page 3: The House that Service Built

The Abt Family

David & Jewel Abt Mike, Billy, Bob, Ricky & Jon Abt

Page 4: The House that Service Built

Locations

19362835 N. Milwaukee, Chicago

20021200 N. Milwaukee, Glenview

19909000 N. Waukegan, Morton Grove

19717315 W. Dempster, Niles

19552858 N. Milwaukee, Chicago

Page 5: The House that Service Built

What Makes Abt Unique

• Family Owned• Single Store• Motto• Employees• Supplier Relationships• Store Attractions• Green Initiatives• Give Back To

Community

Page 6: The House that Service Built

What Makes Abt Unique:Family Owned

Page 7: The House that Service Built

What Makes Abt Unique:Single Store – One Stop Destination

Page 8: The House that Service Built

What Makes Abt Unique:Motto

Page 9: The House that Service Built

What Makes Abt Unique:Employees

• Our “Extended” Family• Over 1,100 Employees• From IL, WI, MI and IN• 21 Languages

Page 10: The House that Service Built

What Makes Abt Unique:Supplier Relationships

Page 11: The House that Service Built

What Makes Abt Unique:Store Attractions

Page 12: The House that Service Built

What Makes Abt Unique:Green Initiatives

Cardboard Crusher Recycling Center Natural Gas Generator

Natural Gas Truck Large Warehouse Fans Solar Panels & Windmills

GO TO 2040 Video

Page 13: The House that Service Built

What Makes Abt Unique:Give Back To Community

Page 14: The House that Service Built

Growth

• 12% Per Year Until 2007• Growing Steadily Since• Less Than 1% Of

Revenue Spent On Advertising

• Word Of Mouth

Page 15: The House that Service Built

Best Practices:Companies We Admire

Page 16: The House that Service Built

Best Practices:Be Different

Page 17: The House that Service Built

Best Practices:Be Fair

Page 18: The House that Service Built

Best Practices:The Walk

Page 19: The House that Service Built

Best Practices:Bonus Everything

• Incentivize People, But Not Too Much

• Secret Shoppers• Driver Letters• Monitor Calls

Page 20: The House that Service Built

Best Practices:Do It Yourself

Page 21: The House that Service Built

Best Practices:Technology

• GPS Truck Locator• Paperless Delivery

System• In House IT Department

Page 22: The House that Service Built

Corporate Culture

• One Leader & Everyone Has An Opinion

• Open Office Policy

Page 23: The House that Service Built

Lessons Learned

Page 24: The House that Service Built

Success Learned:The Internet

1997 2012

Page 25: The House that Service Built

Success Learned:Be Green

We Recycle 94% Of Our Trash!

Page 26: The House that Service Built

Success Learned:Expand Categories

Page 27: The House that Service Built

Advice

• Adapt To Change• Be Your Own Boss• Squeaky Wheel Gets

The Oil• The Answer Is Yes

• Join A Group• Fear Failure• Be Different• Have Fun

Page 28: The House that Service Built

Questions?

Thank You!

Mike AbtAbt Electronics1200 N Milwaukee AveGlenview, IL [email protected]