Beverly Raphael guest lecturer at the H.
Wayne Huizenga School of Business and Entrepreneurship
Through its Distinguished Lecture Series, the H. Wayne Huizenga
School of Business and Entrepreneurship recently hosted Beverly
Raphael, President and CEO of RCC Associates, Inc., as a guest
lecturer. Before an audience of more than 125 students, faculty
members, staff, and community leaders, Raphael spoke about her
family, vision and hard work.
She joined RCC in 1998 after the untimely death of her husband.
Richard Raphael, Chairman and CEO of RCC had been battling with
cancer and passed within four months of diagnosis. Raphael’s
decision to join the company was not for personal well-being but
rather one that involved all those who had become part of the RCC
family—employees, clients, and contractors. It was also an
opportunity for her to re-invent herself at the age of 50 and defend
her husband’s company from ruthless buy-out offers.
Today, RCC has earned the reputation of being one of the country’s
top retail and restaurant buildout specialists. Raphael has grown
the business from $19 million to $70 million in 2005 with revenues
expected to be more than $100 million in 2006. Its long list of
clients include: Benihana, Capital Grille, Banana Republic, The Gap,
Limited Brands, Louis Vuitton, Victoria’s Secret, Elizabeth Arden,
Tiffany & Company, and Tommy Bahama to name a few.
Being in a male-dominated industry, competitors have tried to
portray RCC as a "girls’ club." But the company was determined to be
a dynamic force in the industry by delivering incomparable results.
It has received many industry awards and community accolades. "The
last five years have been good," said the eloquent leader. Most
recently, its Grand Luxe Café project at Sawgrass Mills Mall was
recognized as "Project of the Year" by the Developers & Builders
Alliance. Normally a 24 week project, RCC was able to complete it in
17 weeks. They now have a request to complete the Boca Raton Grand
Luxe project in 14 weeks.
RCC also developed a management team to re-write company policies,
implemented benefit packages to attract and retain top-notch
executives, and created a new division to capitalize on their
expertise in the restaurant market. The company signed its first
national client, The Cheesecake Factory in 1990. RCC continues to do
work for the unique and upscale casual dining restaurant group 16
years later. Raphael’s passion for the company has been key to its
broad range of loyal clients. Not knowing that it would be a $100
million business, Raphael stated that she "broke
all the rules in the textbooks."
Dean Pohlman concluded the lecture by reiterating a few of Raphael’s
values—don’t believe it when someone says you can’t do something and
work, work, work, you must have a strong work ethic.
The Distinguished Lecture Series is sponsored by BankAtlantic. The
next Distinguished Lecturer will be Mark A. Emkes, Chairman/CEO of
Bridgestone Americas Holding, Inc and Bridgestone Firestone North
American Tire, LLC.
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