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Navigating the Future
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Introducing: DVFBC’s Radar Series
Industrial equipment is moving from traditional diesel combustion engines to alternative fuel or electricity in a business built on service technicians; what skills will they need to have? How soon and how much will the training and tooling investment be? Addressing this will ensure that we remain able to serve our customers.
When the ash boar decimated ash trees, we proactively identified an opportunity to cater to the arborist industry’s demand. We acted proactively, securing the necessary products and talent, and built a new business group within our firm. This initiative was sparked by one of our salespeople who spotted the opportunity.
We moved into the standby generator business as we saw the challenges presented by the existing grid, the growing dependence on power given the growth of remote work, and the commercial generator opportunity with existing warehouse and data center customers. It also leverages our current investment in branch offices and customer base. That business now represents some 20% or more of our business.
Dave Griffith
Senior 5 MOUNTAIN® Advisor & Coach
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