As Bishop-Wisecarver continues celebrating its 70th Anniversary this year, it is the ideal timing to achieve Certified Evergreen® status from the Tugboat Institute®. This certification highlights the company’s continued commitment and vision to build and scale as a privately owned business for generations to come.
Being committed to staying private brings a positive long-term impact to our employees, customers, suppliers, communities, and families. As Dave Whorton, CEO of the Tugboat Institute, points out, “The purpose of a Certified Evergreen company is to make a long-term difference in the world by building and scaling private, profitable, enduring, and market-leading businesses for 100 years, or more.”
Moving towards that century mark of success, Bishop-Wisecarver’s leadership is evident as the first company in Northern California to achieve Certified Evergreen status. This signals the company’s alignment with seven core values, known as the Evergreen 7Ps®, that include the following:
Purpose - Being passionately driven by a compelling vision and mission.
Perseverance - Having the ambition and the resilience to overcome obstacles and keep pursuing the mission indefinitely into the future
People First - Engaging a workforce of talented associates who excel as a team and are motivated by the mission and the culture, as well as by total compensation, in the belief that, by taking care of them, they will take care of the customers, suppliers, partners, communities, and their families.
Private - Taking advantage of the ability of closely-held private companies to have a longer-term view, greater confidentiality around strategies, and more operating flexibility than public or exit-oriented businesses.
Profit - Not mistaking profit as the purpose of the business; but recognizing it is essential to survival and independence, and the most accurate measure of customer value delivered.
Paced Growth - Having the discipline to focus on long-term strategy, balance short-term and long-term performance, and grow steadily and consistently from year to year.
Pragmatic Innovation - Embracing a continuous-improvement process built around taking capital-efficient, calculated risks to innovate creatively within constraints.
Bishop-Wisecarver is proud to be a Certified Evergreen company focused on enduring excellence around our values, people and practices. For more details review our recent press release.