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	<title>Susan Labandibar - Activist CEO &#187; awards</title>
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		<title>Inner City 100 Awards</title>
		<link>http://blog.techboston.com/Index.php/events/inner-city-100-awards-2/</link>
		<comments>http://blog.techboston.com/Index.php/events/inner-city-100-awards-2/#comments</comments>
		<pubDate>Fri, 22 May 2009 03:55:05 +0000</pubDate>
		<dc:creator>Susan</dc:creator>
				<category><![CDATA[Events]]></category>
		<category><![CDATA[awards]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[inner-city]]></category>
		<category><![CDATA[strategy]]></category>
		<category><![CDATA[urban]]></category>

		<guid isPermaLink="false">http://blog.techboston.com/?p=68</guid>
		<description><![CDATA[Last night I accepted an award from the Institute for a Competitive Inner City (ICIC). The Inner City 100 award recognizes the fastest growing businesses in urban America.  This is the second year we have won this award&#8211;moving up to 27th on the list, compared to last year when we ranked 83rd.
I am deeply grateful [...]]]></description>
			<content:encoded><![CDATA[<p>Last night I accepted an award from the <a href="http://www.icic.org">Institute for a Competitive Inner City</a> (ICIC). The Inner City 100 award recognizes the fastest growing businesses in urban America.  This is the second year we have won this award&#8211;moving up to 27th on the list, compared to last year when we ranked 83rd.</p>
<p>I am deeply grateful to Harvard Business School professor Dr. Michael E. Porter for creating the ICIC as a vehicle for inner city business development.  In May 1995, Professor Porter published the &#8216;The Competitive Advantage of the Inner City&#8217; in <em>Harvard Business Review. </em> This was the first time that anyone had suggested that inner city businesses could have a competitive advantage over businesses located in more affluent areas.</p>
<p>Although I had never read the article (or practically any other business publication except for Jay Conrad Levinson&#8217;s <em>Earning Money Without a Job</em>), I was destined to be one of many entrepreneurs who proved that Professor Porter&#8217;s ideas on inner city competitiveness were real world.   A few months after the article appeared, I visited every subway stop on the MBTA Red Line, looking for a spot to locate my new used computer store.  I went from Harvard Square, where I had seen a retail space with no parking for $2,500/month, to Andrew Square, where a larger space could be had for $800 for the first year, building up to $1,600 in year three.  It was directly across from the subway station.  And it had tons of <em>parking</em>!<span id="more-68"></span></p>
<p>I never thought twice about the abandoned buildings, the huge scrap yard, the drug users and the graffiti.  I was more worried about the guy who saw me lugging used CRT monitors into the store a few days before the opening and asked me if I was opening a TV store.  Prior to the store opening in Andrew Square, I had delivered used computers from my home in Somerville to every neighborhood in Boston <em>except</em> South Boston.  What if the people here didn&#8217;t even know what a computer was?</p>
<p>Over time, my location turned out to be just as great as I had hoped.  Not only did we attract plenty of customers from Dorchester and Roxbury, as well as people from Southie, but the proximity to the subway and all major highways turned out to be a huge advantage a few years later when we started servicing small business networks.  Now it was up to my engineers to get to the client site.  In many cases, they could get there on the subway.  This saved us thousands of dollars in parking fees and mileage expenses.</p>
<p>As the business grew, I experienced some challenges in recruiting senior level engineers and managers because their negative perceptions about the area we were in.  It&#8217;s certainly true that there&#8217;s no Starbucks in Andrew Square.  One way around this recruiting problem is to work with outsourcing firms for key positions such as CFO and HR Director.  But, until we won our first Inner City 100 award in 2008, I did not have an effective response for my employees when they complained about the dirt, the noise, the drugs, and the general lack of amenities.</p>
<p>Today, I proudly point to our Inner City 100 awards plaques hanging on the wall of our conference room.  For me, they are tangible evidence that my decision to locate in the inner city was based on sound business strategy, and not just good old Yankee penny-pinching!</p>
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		<item>
		<title>Something Really Nice</title>
		<link>http://blog.techboston.com/Index.php/uncategorized/something-really-nice/</link>
		<comments>http://blog.techboston.com/Index.php/uncategorized/something-really-nice/#comments</comments>
		<pubDate>Thu, 20 Mar 2008 02:09:07 +0000</pubDate>
		<dc:creator>Susan</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[]]></category>
		<category><![CDATA[awards]]></category>
		<category><![CDATA[cake]]></category>
		<category><![CDATA[inner-city]]></category>
		<category><![CDATA[kindness]]></category>
		<category><![CDATA[surprise]]></category>

		<guid isPermaLink="false">http://blog.techboston.com/?p=13</guid>
		<description><![CDATA[When was the last time you were really down on yourself, and someone came along with a kind word, a sympathetic smile, or a little gift to brighten your day?  For me, that moment came last Thursday.  I was walking around the office in shock, unable to believe that I had missed an event that [...]]]></description>
			<content:encoded><![CDATA[<p>When was the last time you were really down on yourself, and someone came along with a kind word, a sympathetic smile, or a little gift to brighten your day?  For me, that moment came last Thursday.  I was walking around the office in shock, unable to believe that I had missed an event that meant so much to me.   My Outlook calendar had let me down in a big way.  Mayor Menino had invited me and the six other Boston winners of Inc Magazine&#8217;s <em>Inner City 100 Award for Urban Excellence in Business </em>to an exclusive award ceremony at City Hall. </p>
<p>This award meant a great deal to me.   Yet, unbelievably, the appointed day had come and gone, and I was oblivious to my error until someone forwarded me a copy of the Boston Globe article the next day.  When I realized my error, I was devastated.  I told a few people around me, including my HR director, Donna Barry.  &#8220;I can&#8217;t believe it,&#8221; I told them.  &#8220;This is an award I have been working towards for three years.  And now I&#8217;ve missed the ceremony!&#8221;  I was really sad.  I had let everyone down, including me, my staff, the other award winners, and even Mayor Menino.</p>
<p>For the next few hours, I tried not to think about my mistake.  I buried myself in work and kept my head down.  I didn&#8217;t notice any unusual activity until Donna pulled me out of the conference room while I was in an interview and led me over to another office.  Surprise!  At least 20 members of my staff were standing in the room, waiting to give me the award, which Donna had picked up, along with a delicious cake from Rosie&#8217;s Bakery!</p>
<p>As I looked around the room at everyone&#8217;s smiling faces, I realized that this was better than any award ceremony at City Hall, no offense to Mayor Menino!  This was an act of pure kindness, and one that I will not soon forget.</p>
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