15161 Eric Murray (RRMC RMC 1985)
“Eric was in the RETP program in the Class of ’85. He would never toot his own horn so I will do it for him!!”
14892 Tim Patriquin
Success is all about teamwork, says Mississauga’s businessperson of the year
Eric Murray, president/CEO of Temporal Power Ltd., as well as several others, feted by the Mississauga Board of Trade (MBOT)
Article by Radhika Panjwani first appeared in the Mississauga News – Nov 20, 2017
“Be hard on the problems and soft on people,” advises Eric Murray, president/CEO of Mississauga-based Temporal Power Ltd., to managers that have to routinely field curve balls.
Murray winner of this year’s Mississauga Board of Trade’s (MBOT) 2017 Business Person of the Year award, a coveted honour exemplifying leadership, the spirit of entrepreneurship and innovation, should definitely know.
His insights are gleaned from years of experience and expertise, dealing with the ebb and flow of both, the business world and life in general.
“Curve balls are a fact of life (and business) so rise to the occasion because they never go away on their own,” Murray wrote via email from Aruba where he was on business trip. “My philosophy, when it comes to dealing with curve balls, is to push decision-making and ownership down in the organization to ensure accountability and speed in business interactions. Curve balls happen, and demonstrate the behavior you want the organization to demonstrate when managing issues internally. Make lemonade (when life/business throws you lemons), it’s more plentiful than we think.”
Temporal Power, an energy storage company, provides its customers unique solutions to dynamic or cyclic energy challenges like renewable generation integration, grid stability, and regenerative braking.
Murray said the company was able to successfully “on-shore” a significant portion of its supply chain — services, that were previously offered by international suppliers — because of Temporal Power’s strong belief that a local supply chain is key to its success.
Murray, 25-year veteran with experience in business, global sales, marketing and entrepreneurial growth, especially in the clean-tech industry, holds an engineering degree from the Royal Military College and an MBA from the Richard Ivey School of Business at the University of Western Ontario.
Sameer Sharma, director, Crown Group of Hotels, was declared the Young Entrepreneur of the Year. The award is given to a rising star, under 40 years, in the business world.
Sharma said people that have influenced him significantly include his parents — Kuldeep and Poonam Sharma — as well as his sister and brother-in-law who took him under their wings and introduced him to the business.
“Being an immigrant and having experienced life in both India and Canada, I can say, Canada is a beautiful place and has lots of opportunities for growth,” he said.
Murray’s advice to budding entrepreneurs: find good mentors, pick your team carefully, plan to achieve commercial competence, as it’s the only path to growth and investor returns and have a strong passion for business.