CEO Chris McMurry Talks About His Company's 50% Growth and the Value of the Tempur-Pedic
Even More Interesting Stuff
NS: Has your role as CEO changed in recent years? If so, how?
CM: The biggest change is that as the company grows I've focused more and more on corporate direction and strategy, and less on day-to-day operations.
NS: What is the best business decision you have made during the past year or two?
CM: Making sure I go on vacation with my family, and staying true to my belief that it's all about hiring great people and evolving the business around customer needs.
NS: Has your company restructured internally to adapt to a shifting marketplace? If yes, how?
CM: We tend to evolve the business rather than do sweeping overnight restructures (that can upset the apple cart). The evolution seems to never stop and is triggered by acquisitions, the evolution of our people, and frankly, unforeseen opportunities. As time goes on, I can feel the business moving more and more toward a classic agency operational model.
NS: What keeps you awake at night?
CM: Pretty much nothing. I work incredibly hard and sleep on a Tempur-Pedic. That's a "lights out" recipe! Not kidding, I typically fall asleep within 30 seconds. Seriously, and I'm afraid of sounding like a broken record, the key to sleeping well at night is hiring great people. Everything starts there. If a business is struggling, the first place I would look is at the hiring practices. They are likely not stringent enough.
NS: What helps you sleep?
CM: Exhaustion and a Temperpedic!
NS: Are you still racing cars? Does racing cars feel at all like being in the publishing industry right now?
CM: Yes, I do still race in the U.S. and Europe. Racing has many parallels to business. Sometimes seeing your business through another industry lens and interaction with people completely outside your circle, breeds new thoughts, ideas and ways of handling things.