Could There Be One Vital Secret Ingredient to Building a Successful Senior Living Company?
April 29, 2010 in Assisted Living by tomratcliff
by Tom Ratcliff
What makes any corporation sustainable, enviable, and, of course, profitable? In the past, it was the CEO’s duty to match products and services with customers and magically the revenue dollars would flow in. All he or she needed to do was hire bodies to do the menial tasks and a management crew to keep the workers on their toes. With a seemingly inexhaustible number of prospective employees to choose from there should never be any reason not to maximize profits and keep the senior executives and shareholders “fat and happy”.
But, where did it all go wrong for some companies? How can any corporation invest millions of dollars in infrastructure, capital equipment, hire hundreds if not thousands of employees to do the work, and still be failing miserably or fall well behind the competition?
Dwayne Clark founder and CEO of Aegis Living pondered that question years ago – What really can make an organization exceptional? He studied corporations across the globe trying to determine why certain companies were exceedingly successful and others were not? Dwayne noticed that Costco and Starbucks both were exceptionally successful companies. All you had to do was ask one of their employees and they would tell you how happy they were with the company and applauded its management style.
Dwayne decided when he built Aegis Living that his major investment would be in his employees. He developed from the ground up a new and effective Employee Advocacy Model for recruiting, training, retaining and nurturing his employees.

As a measure of Dwayne’s commitment to his employees he created the Potato Soup Foundation. Dwayne drew on his boyhood experiences and started this wonderful foundation to support Aegis Living employees should they ever experience a period of extreme need. Because there was a time in Dwayne’s childhood when all there was to eat for the week were several potatoes and an onion, his mother encouraged Dwayne to never forget his roots no matter how successful he might become. Those valuable experiences and lessons from his past became the foundation for Dwayne’s incredibly successful journey in the business world.
Some companies hire new employees without concerns for their compatibility with team members or their aptitude to relate to their customers (in Aegis Living’s case senior residents who provide the revenue life blood of the company). Dwayne’s philosophy is to hire ONLY employees who demonstrate wholesomeness towards their co-workers and a high degree of empathy and understanding for their senior residents.
Aegis Living has a very low industry employee turnover rate because the employees love working there. Every Aegis Living manager’s first responsibility is to be an “Advocate” for their employees. Managers get to know their employees on a personal level. If an employee has a problem it is Aegis Living’s philosophy to help the employee resolve the issue and return to a more stress free life.
Every year Aegis Living’s Annual Corporate meeting, EPIC, isn’t about celebrating their financial successes or discussing the latest business strategies. According to Dwayne Clark, “At EPIC, we don’t spend time discussing our business, instead we turn the meeting around to focus on our staff. Through a combination of outstanding speakers and team building exercises we make the three-day event all about them and how they can better fulfill themselves.” Its Dwayne’s belief that first you must take care of yourself before you can properly take care of others.
Happy employees make for a happy environment. Aegis Living senior residents (who make their home in Aegis Living communities) are some of the happiest and most pampered residents in the senior care industry.
Dwayne Clark and his senior executives have to be admired for the revolutionary approach they took to successfully build a sustainable, enviable, and, of course, profitable corporation. What they have accomplished should be a model for any organization that sincerely wants to both value their employees as much if not more than their customers.
For more information on Aegis Living, please visit their website.



