All You Have to Know About Entrepreneurship Essay

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Updated: Mar 13th, 2024

George M. Thomas – Contemporary Controls

Mr. George M. Thomas is current president of company called Contemporary Controls which manufactures industrial networking products. This Company under the direct stewardship of Mr. Thomas has operating bases in the United States, United Kingdom, Germany and China. He is a qualified and accomplished engineer himself and holds many prestigious positions in many engineering fields. He is certified under BSEE and MSEE degrees from Illinois Institute of Technology (IIT). He has also completed American Electronics Association and Stanford University Executive Institute in the field of high technology. He also holds directorships on the Board of companies, eminent among them being American Electronic Association, and finally, Management Association of Illinois.

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Besides he is also holding memberships of IEEE, and Chairman of its Chicago Chapter, and also holds senior membership of the Institution, systems and Automation Society.

It is seen that with over 3 decades of electronic designing, developing and production techniques, along with the able and efficient leadership provided by its President, it is seen that the capability provided by the company could provide strategic and competitive solutions to vexatious problems of customers and has proved it self to be a major provider of needed solutions along the customers’ supply chain management systems. The leadership and entrepreneurship qualities provided by its President, Mr. Thomas is no less significant and it is this that has extricated it from very delicate and tight solutions over a period of time.

Mr. Thomas’s involvement in his organization is palpable. Over the course of his stewardship, he has constantly contributed immensely to the overall growth and development of this unit. His dramatic decision making abilities, his man management systems and ability to think and evolve constructively has endeared him to one and all. Moreover, he always wishes that the company is constantly on the move, reaching greater heights in increased performance through hard and sincere efforts, aimed at the improving the lot of his workforce and personnel.

It is indeed through Mr. Thomas’s innovative and entrepreneurial skills that this Company has undergone the growth and transformation that it has been able to achieve over the last 30 years or so. From a tiny and obscure unit, Contemporary Controls have evolved into a giant well developed unit having high turnover.

“The company manufactures its own designs to ensure the highest level of quality while being responsive to customers’ changing requirements. We offer lead-free surface mount (SMT) equipment in two locations, the United States and China. Continuous efforts to reduce costs, improve quality and improve customer service are coordinated between the two plants as part of the company’s lean initiative.” (Stasiek, 1).

It is widely believed that in the years to come, the high quality and demonstrative entrepreneurial ability of the top management, under the able leadership provided by its President, would conquer new frontiers in their business, thus contributing not only to the high growth of the company, but also to the country.

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George Wendt – Chicago Rolled Metal Products

The story of George Wendt is not one of a characteristic entrepreneurship. He received a Ph.D in English Literature from Loyola University in 1981, and was engaged in academics, when he left it to take charge of his family business, Chicago Rolled Metal Products. This is a company started in year 1908 by the grandfather of present President. CMRP is a company that specialized in curving structural steels, sheets and plates. During 1992, it began operating the biggest structural roll in the Western Hemisphere, Big Bend, which is capable of curving 36” bend. (History of Chicago Mental Rolled Products).

During the year 1994, it began operating second massive structural thanks to the entrepreneurial abilities displayed by the team led by the President, George and other members of his competent team. It is indeed to the dedication, sincerity, vision and competitive spirit of Wendt that many challenging and almost impossible operating in this highly specialized field were taken and executed.

Under George’s dynamic leadership CMRP opened a brand new rolling unit in Kansas City to take better care of customers in different directions of US, with greater alacrity, direction and focus, thus rendering lowered freight costs.

During year 2006, CMRP operated more than 60 bending and rolling machines in two units while simultaneously indulging in cost savings and efficiency methods.

Through entrepreneurship, the business is able to provide customers with best quality products at affordable prices, ensuring delivery parameters and continually improving customer servicing through training and development of workforce. During 2008, the company commemorated its Golden Jubilee in business of curing and bending steel. It had scored very high on quality, almost 99% and is committed to maintain high rates of turnabouts in business servicing and performance. (History of Chicago Mental Rolled Products).

It is seen that the business of bending and curving steel structural is a highly complex and delicate operations, since quality is of critical importance and continuous technical parameters have to be maintained.

The fact that CMRP has been highly successful in this difficult and complex business speaks volumes of the dedication, commitment and business acumen of the top management team, spearheaded by its President, George Wendt. In a business which require that continuous focus on quality is needed, to avoid technical flaws and errors that could endanger human life and property, it would not wrong to state that CMRP has to a very substantial extent, sustained its credibility and endeared itself to a large cross section of customers and clients which different kinds of business demands and work profiles.

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The entrepreneurship ability is compounded by the fact that CMRP is now almost a market leader in its field and has a large profile of clients, big and small, with routine and also highly challenging business assignments.

It is believed that under able and competent stewardship of present President, Mr. George Wendt, the company shall flourish from strength and strength and shall be in a frontline business model in the steel bending business for a long time to come. From a small family business, it has grown to a large multination corporation having business interests in many countries of the world,

The success of this company is evident from the many letters of appreciation and testimonials received from a large number of customers. For instance, Miller Park, Milwaukee WI. Miller Park, Milwaukee, WI for whom Chicago Metal “curved 2100 ft. of heavy rail weighing 750 tons to support a retractable, baseball stadium roof. Held +/- 1/8 inch radius tolerance. Mitsubishi Heavy Industries evaluation: we “thank all of the Chicago Metal employees for their quality of workmanship and their spirit of cooperation in the rolling of Mitsubishi’s rails for the Miller Park project.” (ClientTestimonials).

Works Cited

Client Testimonials. Chicago Metal Rolled Products. 2009. Web.

History of Chicago Mental Rolled Products. Chicago Metal Rolled Products. 2009. Web.

Stasiek, Joe. What We Design We Make. Contemporary Controls. 2009. Web.

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IvyPanda. 2024. "All You Have to Know About Entrepreneurship." March 13, 2024. https://ivypanda.com/essays/all-you-have-to-know-about-entrepreneurship/.

1. IvyPanda. "All You Have to Know About Entrepreneurship." March 13, 2024. https://ivypanda.com/essays/all-you-have-to-know-about-entrepreneurship/.


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IvyPanda. "All You Have to Know About Entrepreneurship." March 13, 2024. https://ivypanda.com/essays/all-you-have-to-know-about-entrepreneurship/.

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