I asked Len how he sees his business – and the men’s wear business generally; ‘how’s business?’ over the next quarter?
… business is very good here in Calgary – much stronger than the rest of the country. Better than last year (floods!), better than the year before. Nordstrom’s are coming to town – they will have an impact, but their competition will be good for business, for all of us.
And over the next five years?
…. more on-line shopping for basics, for commodities. Our strength is fashion, service and advice. Canada’s coming free-trade agreement with Europe will have an impact on pricing, making European goods less expensive. That will impact Canadian manufacturers.
What qualities distinguish your preferred colleagues, collaborators and suppliers?
… quality, value and reliability. It starts with relationships. First, I try to do business with my fellow Rotarians. I try to live by the Rotary four-way test.
What distinguishes you that causes people to choose Len Hamm, why do they do business with you, why have they chosen you, over your competitors?
… knowledge of fashion, advice that is honest. Our motto/slogan here has been ‘quality and service are always in fashion’ for more than forty years.
How would you describe your leadership style?
… fair, open-minded. I try to be a good listener.
What do you lose sleep over, what do you worry about?
… making sure I’m doing a good job in all aspects of my life.
Who or what influenced you most – that has made a difference in your life, or that was a major turning point?
… we had a 'five-years of struggling' for survival in the NEP days; we shrunk stores, we could only keep four of 30 staff. We didn’t fold – we sold off all that inventory and paid everyone. That experience, that time, made me tougher mentally. It was like a one-yard-line defense in football – we wouldn’t give in.
Work life balance?
… I don’t have it. I’m over-committed. I’m working my way there.
For fun?
… golf, Rotary, dinner parties, love the social part of life.
What do you read?
… newspapers, men’s wear publications, things I can read quickly. I like to read novels – historical - on vacations.
His ride?
… 2009 Toyota Venza.