{"id":422,"date":"2022-02-16T08:06:12","date_gmt":"2022-02-16T07:06:12","guid":{"rendered":"https:\/\/blog.iese.edu\/family-business\/?p=422"},"modified":"2023-03-06T18:36:03","modified_gmt":"2023-03-06T17:36:03","slug":"elpozo-from-a-local-shop-to-a-worldwide-reference","status":"publish","type":"post","link":"https:\/\/blog.iese.edu\/family-business\/2022\/elpozo-from-a-local-shop-to-a-worldwide-reference\/","title":{"rendered":"ElPozo: from a local shop to a worldwide reference"},"content":{"rendered":"<h2>An entrepreneur by vocation, Tom\u00e1s Fuertes has been working for the business holding company he presides for over 60 years. Today, Grupo Fuertes is a global reference in the agri-food sector with operations in 118 countries with 100% Spanish capital.<\/h2>\n<hr \/>\n<p>When I talk about<strong><a href=\"https:\/\/www.grupofuertes.com\/en\/#\" target=\"_blank\" rel=\"noopener noreferrer\"> Grupo Fuertes<\/a>,<\/strong> I always say <strong>we\u2019re a hybrid project: the combined efforts of a farmer and a gardener.<\/strong> In 1935, my parents, Antonio and Piedad, opened a small food store in the \u201cEl Pozo Concejil\u201d square in Alhama de Murcia, Spain. My father was known in town as \u201cAntonio, from the well\u201d because there was a water well for local consumption right in front of the shop. And that is where it all began.<\/p>\n<p>Cold meats and sausages were the main offerings in my parents\u2019 store. <strong>My story is linked to this humble establishment<\/strong>, where I started leading the shop\u2019s purchasing tasks and where my professional career began. I grew up helping my parents and my brother and sister in the store, an experience that instilled <strong>a strong work ethic, responsibility, and the need to work with a positive mindset<\/strong>.<\/p>\n<p>Life is about wanting to learn, knowing and having the means, but enthusiasm is the most important thing. If you do a good job, there&#8217;s no doubt that your plans will turn out.<\/p>\n<p>Today, our organization is a <strong>consolidated project with a more than 65-year history<\/strong>. Over the years, we have successfully merged our family and corporate values to make decisions, consolidate our brand identity and build a strong, thriving and united company. <strong>Humility, effort and honesty <\/strong>are the cornerstones of our success.<\/p>\n<h2><span style=\"color: #ff0000\"><strong>Globalization and diversification<\/strong><\/span><\/h2>\n<p><strong><a href=\"https:\/\/www.grupofuertes.com\/en\/\" target=\"_blank\" rel=\"noopener noreferrer\">Grupo Fuertes<\/a><\/strong> is a holding company where the second and third generations coincide. The Group includes <strong>more than 20 companies, mainly in the agri-business industry,<\/strong> although over the years, we branched out to other sectors. These include real estate, infrastructure, leisure parks and hotel chains, among others.<\/p>\n<p>This <strong>diversified approach<\/strong> allows us to better manage problems that might arise in a specific sector. Our objective is to grow responsibly, which is precisely why we decided to diversify our business model. Bridging different sectors gives us a stronger business base for the future.<\/p>\n<p>Within this umbrella of companies, ElPozo Alimentaci\u00f3n is the most representative. We\u2019re very attentive to people\u2019s needs in order to <strong>stay attuned to new food trends, consumer expectations, and the best way to respond to them. <\/strong><\/p>\n<blockquote>\n<h2><em><span style=\"color: #ff0000\"><strong>Nowadays, it\u2019s not a matter of competing within your region or country, but with the entire world. Today\u2019s market is totally globalized. In this sense, innovation is essential.<\/strong><\/span><\/em><\/h2>\n<\/blockquote>\n<p>ElPozo\u2019s products can be found in <strong>eight out of 10 Spanish households<\/strong>. We are the market leader in Spain and have a high market share, yet need to look beyond our borders in order to continue growing. Nowadays, it\u2019s not a matter of competing within your region or country, but with the entire world. Today\u2019s market is totally globalized.<\/p>\n<p>In this sense, innovation is essential. We\u2019ve developed over 1,500 references in pork, turkey, chicken and beef products to offer the broadest assortment possible.<\/p>\n<h2><span style=\"color: #ff0000\"><strong>A value-driven company <\/strong><\/span><\/h2>\n<p>Rather than money, <strong>my father&#8217;s legacy was the principles he left us.<\/strong> When we took the reins of the company, we remained faithful to them, always striving for ongoing improvement, excellence and the pursuit of a job well done.<\/p>\n<p>As a child, I wasn\u2019t sure I\u2019d be able to fully live out these values, but I\u2019ve succeeded thanks to three basic principles: <strong>passion, sacrifice and honesty.<\/strong> For me, this last value \u2013 honesty \u2013 is the most important for one\u2019s personal and professional development.<\/p>\n<blockquote>\n<h2><em><span style=\"color: #ff0000\"><strong>Rather than money, my father&#8217;s legacy was the principles he left us. When we took the reins of the company, we remained faithful to them, always striving for ongoing improvement, excellence and the pursuit of a job well done.<\/strong><\/span><\/em><\/h2>\n<\/blockquote>\n<p>It\u2019s very important for people to highlight their positive qualities. It\u2019s a matter of defining one\u2019s strengths and applying them, because <strong>at birth, not only a person is born, a project is born.<\/strong> A person\u2019s strength stems from their enthusiasm, work ethic, drive and honesty.<\/p>\n<p>Success is the result of all of these qualities. <strong>Successful people are those who have been able to leverage their intrinsic values.<\/strong> Each of us should manage our lives like a corporation and, at the end of our days, strive to show a balance sheet with a profit.<\/p>\n<h2><span style=\"color: #ff0000\"><strong>The importance of teamwork<\/strong><\/span><\/h2>\n<p>I\u2019ve been a very fortunate person because I\u2019ve been able to find my vocation. <strong>I don&#8217;t define myself as a specialist; I\u2019m a businessperson.<\/strong> What\u2019s the difference? A specialist knows a lot about certain subjects, while a businessperson knows how to coordinate other people\u2019s knowledge.<\/p>\n<p>Our ability to manage others is only possible if we have a strategic and global vision of our business and clear ideas about what needs to be done.<\/p>\n<p>Professional qualification is an important factor to consider when creating teams. When we started out, we addressed a range of areas \u2013 production, finance, technical functions and commercial areas \u2013 but <strong>when you reach a certain size, you have to hire specialists<\/strong> and coordinate their work.<\/p>\n<p>The most important thing is harnessing each person\u2019s unique capabilities until their role becomes a true calling. <strong>You must fall in love with your work.<\/strong> I always say that there is no such thing as an incompetent employee or manager, there are just people in the wrong position.<\/p>\n<h2><span style=\"color: #ff0000\"><strong>The role of innovation: a new paradigm<\/strong><\/span><\/h2>\n<p>My philosophy is to <strong>combine the past while envisioning the future<\/strong>. This is when we create a present in order to build strengths and minimize weaknesses.<\/p>\n<p>We can\u2019t change the rhythm of life because our culture, our society and humanity flow like a river with its own set channel. The key is ensuring<strong> a riverbed that builds, rather than destroys<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An entrepreneur by vocation, Tom\u00e1s Fuertes has been working for the business holding company he presides for over 60 years. Today, Grupo Fuertes is a global reference in the agri-food sector with operations in 118 countries with 100% Spanish capital. When I talk about Grupo Fuertes, I always say we\u2019re a hybrid project: the combined [&hellip;]<\/p>\n","protected":false},"author":2313,"featured_media":434,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[117514],"tags":[117558,117559,782,240,1450],"class_list":["post-422","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-in-my-experience","tag-elpozo","tag-family-legacy","tag-globalization","tag-innovation","tag-values","megacategoria-mc-leadership-and-people-management"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.1.1 - aioseo.com -->\n\t<meta name=\"description\" content=\"An entrepreneur by vocation, Tom\u00e1s Fuertes has been working for the business holding company he presides for over 60 years. 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