Administration Spotlight

2023 was a challenging year for the Administration department, however the team stepped up and worked together to keep things running smoothly. Fastco’s controller position was in a state of flux for most of the year, but since the end of 2023, the entire team has been going strong and working together to keep things running as well as implement changes in the Finance and HR departments to help Fastco improve and remain compliant.

With the addition to our department of a full-time administrative assistant, we plan to utilize our time better.  Job duties will be redistributed within the team.  There will be more time to focus on preparing for instead of reacting to situations that come our way. We are working towards improving our process so that we are consistent and have a more proactive approach to problems.

Open-Book Management & Administration

One of our department’s tasks is to promote open-book management by bringing financial literacy and updates to the company. Open-book management can show employees how their efforts impact the bigger picture. With open-book management employees can see how their efforts impact Fastco’s finances, which usually inspires greater investment in their work. This helps employees realize the power they have to make a better financial outcome for themselves and their coworkers by working together.

In 2024, we are working with our business coach to implement company-wide huddles. This will improve engagement in open-book management as well as the financial results of the company. I am excited to see what type of impact these huddles will have on our company and employees. For our department, we are looking forward to implementing ideas and projects that will help us move towards more accurate reporting for finances and more consistency in the HR area.

by Jodie Shaver, Corporate Controller & Employee Relations Manager