2 minute read
Change, Diversification, and Growth
Kollin Knox, President
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WHERE WE’VE BEEN: FOUNDATIONS OF P1 GROUP’S SUCCESS
WWithout the things we’ve done
right, P1 wouldn’t be primed to move into the next phase of its development. From the people to the product, P1 has never stopped moving forward.
President Kollin Knox notes that when he started with what was then AD Jacobson Company, nearly 29 years ago, the company was primarily a healthcare contractor with little service capabilities.
“Over time, P1 diversified and that has contributed to our successful existence,” Kollin said.
Kollin says the company’s continued movement in the direction of diversification has kept us profitable through our 102 years of existence.
Growth demands talent, and Kollin says P1 is known for a caliber of craftspeople that produces exemplary quality in their work.
“We’re always told we are great executors, and that we know how to build. We have some of the most gifted, talented craftspeople in the entire industry,” he said.
Building that talent from the start is one of P1’s core philosophies. “We begin investing in our craftspeople with their apprenticeship and we hope they ultimately become leaders in the field spending their careers with P1 Group. We also believe in giving our craftspeople the tools they need – literally – to do their job well,” Kollin said. P1’s investment in technology has also been a critical factor in our continued success. “We continue to make huge investments in technology, exemplified in areas like the fabrication shops and Virtual Design & Construction, where we now have around 13 specialists,” he said. In the future, Kollin believes P1’s sustainability hinges on two factors. “First, we must continue to invest in our associates, and that means providing them with opportunities for growth. As we acquire additional service-based companies through BCTS, those opportunities will come, bringing with them organic growth on the construction side.” “Second, our business is about relationships. It always has been and always will be,” Kollin noted. “We can’t just be hunters – we also have to be farmers, and that means we never stop cultivating our existing relationships even as we work at creating new ones.”