CREATING AN EMPLOYEE-CENTRIC CULTURE THAT LASTS | With Matt Colosino | The Business Spotlight

In this episode of Business Spotlight, host Everardo Recendiz sits down with Matt Colosino, former CEO and current Chairman of Crescent Power Systems, to unpack the long-term journey of building, scaling, and successfully transitioning leadership of a nine-figure industrial business.

Matt shares how Crescent Power Systems grew from a small operation in 1994 into a leading provider of electrical distribution projects and capital equipment, serving industries ranging from oil & gas and mining to power generation and renewables. With bookings reaching the $100 million range, the company’s growth was driven not by shortcuts, but by deep technical expertise, disciplined execution, and a relentless focus on people.

The conversation dives into Crescent’s employee-centric culture, including heavy investment in hiring, training, coaching, and communication. With over half the company made up of engineers across multiple disciplines, Matt explains how clear communication, long-term partnerships, and people development became the company’s true competitive advantage—even in a crowded market with dozens of competitors.

Matt also discusses leadership succession, adapting to remote work without losing cohesion, and the importance of ensuring strong talent across every function of the business. This episode offers practical insights for founders and executives focused on building companies that endure beyond the founder.

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