One great approach that Randal Nardone and the other co-founders of Fortress Investment Group used to make the company a trailblazer in the industry was to establish a conducive working environment for the employees. This was done by ensuring that the company allows the staff members enough latitude to participate in the decision-making process and other matters that concern the organization. This provided that at all times, the employees felt that the company valued them and their views were considered by the expert management team.
The other important strategy that Randal Nardone implemented, which has helped Fortress Investment Group to remain competitive is by incorporating technology to the operations of the organization. A significant number of companies have remained skeptical about the new technology with the view that it does not help an organization as people have been alluding.
The move would stand as one of the most strategic decisions that the company has ever implemented. The company’s stocks were oversubscribed, which means that the company had to split some shares so that it could ensure that any person who applied for the stocks of the company was able to get some units of ownership. The funds that the organization received were used in helping entity to establish itself as the market leader. Randal Nardone continues to implement some critical policies that have led to the expansion of the entity beyond measure.
Randal Nardone continues to demonstrate skills and expertise in managing Fortress Investment Group, an organization he managed to start back in in 1998. The idea behind starting the organization was to ensure that all the members of the public who needed significant support in the financial industry get it from the company. The company was started at a period when other organizations were not offering quality and reliable services to needy customers.
However, incorporation of advanced technology helped the firm to complete tasks within a short time hence making it even possible to handle significant number of functions in a single day. Randal Nardone also made it possible for the company to be much more accurate in its operations while at the same time ensuring that it is effective.
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