ContextMedia Ranked on Entrepreneur Magazine’s Inaugural Top Company Cultures
Posted on November 4th, 2015
FOR IMMEDIATE RELEASE
ContextMedia RANKED ON INAUGURAL TOP COMPANY CULTURES LIST PRESENTED BY ENTREPRENEUR AND CULTUREIQ
Chicago, IL – November 4, 2015 – ContextMedia was recently ranked on Entrepreneur’s Top Company Cultures list, a comprehensive ranking of U.S.-based businesses exhibiting high-performance cultures created in partnership with culture management software and service provider CultureIQ®. The Top Company Cultures list has placed ContextMedia as the 9th in the Large Company category. ContextMedia is recognized for creating an exceptional culture that drives employee engagement, exceeds employee expectations and directly impacts company success.
ContextMedia has more than doubled the size of its workforce year over year for 5 consecutive years, and is tracking to end 2015 with nearly 300 employees. After recently adding two innovative products to its suite, the Exam Room Digital Wallboard and Patient Mobile Connect, ContextMedia plans to add hundreds more to its team in 2016. The recognition on Entrepreneur’s Top Company Culture’s list follows ContextMedia’s recent ranking on Entrepreneur Magazine’s e360 Index of the top entrepreneurial companies in America in October of 2015.
“Creating an entrepreneurial culture is a key priority for business leaders, yet no one until now has really assessed the role culture plays in success,” says Ray Hennessey, editorial director of Entrepreneur.com. “This ranking celebrates the dedication that all teams, from entry-level to the C-suite, have in ensuring they are creating vibrant, healthy and sustainable work environments. That’s good for employees, investors and customers.”
The full list, presenting a total of 75 companies categorized as small, medium-sized or large companies—25-49 employees, 50-99 employees and more than 100 employees— is available on Entrepreneur.com. Core insights, behaviors and attributes that have helped to shape the high-performing cultures presented by the top companies are shared alongside practices to help other companies work on their own workplace environments.
“There is always an opportunity to learn from each other when running and growing a business, which is why we are excited to honor these companies and share their success in building an effective culture,” says CultureIQ founder and CEO Greg Besner. “I find it particularly inspiring to see a wide variety of companies represented in the list, confirming that you can have a strong culture regardless of industry, size, or business maturity.”
The rankings for all companies were determined using CultureIQ’s methodology for measuring high-performance cultures. Employees at each company received a survey of 21 short, multiple-choice questions. The answers were used to assess a company’s strength across 10 core qualities of culture – performance focus, support and innovation, to name a few. These quality strength scores were combined with the employee Net Promoter Score to create a cumulative CultureIQ Score. The companies with the highest CultureIQ Scores became the Top Company Culture list in ranking order. To be considered for the ranking, a company must have at least 25 employees, have been founded before Jan. 1, 2014 and be headquartered in the U.S.
CHICAGO (October 5, 2015) – The Chicagoland Entrepreneurial Center announced today that it will unveil a new award at the 2015 Momentum Awards, called the Chicagoness Award, and that this award will be bestowed upon Rishi Shah and Shradha Agarwal, co-founder of ContextMedia. Chicagoness, a term created by CEC, describes the unique spirit of the entrepreneurial community in Chicago, which values hard work, inclusion, and commitment to collective opportunity.
“Rishi and Shradha are exemplars of Chicago’s entrepreneurial spirit,” said J.B. Pritzker, managing partner of Pritzker Group and 1871 founder. “They’re driven not only by a desire to build ContextMedia into a powerhouse, but also by a commitment to lift the entire community, give a hand up to new entrepreneurs, and support innovation throughout Chicago.”
Rishi Shah and Shradha Agarwal are co-founders of ContextMedia, a health information services company that owns and operates a suite of digital healthcare networks delivering condition-specific content at the point-of-care in all fifty states. Both Rishi and Shradha are active in Chicago’s civic organizations and entrepreneurial community.
“The exceptional bond between Chicago’s entrepreneurial community makes the city an amazing place to build a business,” said Rishi Shah, co-founder and CEO of ContextMedia. “We are honored to accept the first Chicagoness Award, and look forward to supporting and creating opportunities for entrepreneurs throughout the city.”
The title award is particularly interesting in the context of CEC. CEC filed for and received a U.S. Registered Trademark on the term Chicagoness in early 2014. Last year’s dinner was themed Chicagoness and this is a term that is frequently used around 1871 and CEC to describe the broader commitment to community and collective opportunity that is fundamental to 1871 and CEC.
“Chicagoness is the special DNA of our city that leads to successful CEO’s giving back to the city by leading our civic organizations,” said Jim O’Connor, Jr., CEC Board Chair. “It is a no frills attitude that puts humility ahead of individual ego. 1871 is the best example of the spirit of Chicagoness, and its entrepreneurs benefit tremendously from the incredible community that it fosters.”
The Chicagoness Award is one of four awards that will be bestowed at the coming event, including the Momentum Award, the Corporate Champion Award, and the Entrepreneurial Champion Award. The event, which will take place at the Radisson Blu hotel, will draw 750 of the top supporters of business and entrepreneurship in Chicago together. It is the largest gathering of the tech community annually and the primary fundraiser for CEC, which supports the activities and operations of 1871.
1871 makes an effort to open up the dinner to entrepreneurs, and facilitates strong interactions between some of our best entrepreneurs and the attendees of the dinner. To learn more, visit http://www.1871.com/Momentum.
1871 is the home of more than 325 early-stage, high-growth digital startups. Located in The Merchandise Mart, this 75,000 square foot facility is also the headquarters of nationally recognized accelerators, Techstars Chicago and Impact Engine; half a dozen industry-specific incubators in key areas such as real estate, education technology, food and financial technology; several emerging tech talent schools (Flatiron, The Fullbridge Program, Designation and the Startup Institute), and the state’s leading technology advocate, the Illinois Science and Technology Coalition. It is the second home to Chicago-based VCs, Pritzker Group Venture Capital, MATH Venture Partners, Hyde Park Angels, OCA Ventures, OurCrowd and Chicago Ventures, as well as satellite offices for Northwestern University, University of Illinois, University of Chicago, Loyola University Chicago, Illinois Institute of Technology, and DeVry. 1871 has fast become recognized as the hub for the city’s entrepreneurial/technology ecosystem and has been featured in Inc. Magazine, TechCrunch, The Wall Street Journal, The New York Times, Chicago Tribune and Crain’s Chicago Business among other top media. 1871 is the flagship project of the Chicagoland Entrepreneurial Center.
ContextMedia is a health information services company, building digital media technologies to deliver lifestyle education to patients to improve health outcomes. The company empowers healthcare professionals to engage patients while curating content personalized for each member office. Headquartered in Chicago, it is the fastest growing company in the industry impacting over ten million patient visits each month through contextual and actionable content in healthcare practices nationwide. To learn more, visit http://www.contextmediainc.com.
ContextMedia and the Path Ahead: Nothing but Opportunity
Posted on September 19th, 2015
In 2006, as college students, ContextMedia co-founders Rishi Shah and Shradha Agarwal borrowed Rishi’s mom’s car, filled the trunk with video equipment, and drove to doctors’ offices as they bootstrapped the company off the ground. ContextMedia has come a long way since then, and established itself as the fastest growing company in the industry.
In a recent feature in Crain’s, Rishi speaks to John Pletz about ContextMedia’s humble beginnings, rapid growth, and the exciting road ahead. Click here to read the full feature.
Shradha Agarwal named 2015 Prominent Woman in Tech
Posted on September 18th, 2015
ContextMedia Co-founder and President Shradha Agarwal was recently named the 2015 Prominent Woman in Tech at the ITA CityLIGHTS Awards. The Prominent Woman in Tech Award is presented to a preeminent female in the local industry who has championed a leading role for women by supporting their growth and prominence in the industry.
“Although the start-up culture in the city of Chicago is important, it is the growth-stage companies that were honored last night that are helping to reshape Illinois’ economy,” said Fred Hoch, CEO, ITA. “This group of leading companies and individuals is raising the bar in Illinois tech and we are thrilled to be able to recognize their success and impact on our community.”
To date, CityLIGHTS winners, including those honored this year, collectively have had exits of over $50 Billion and raised over $1 Billion in IPOs and over $2.3B in venture capital. Previously, Contextmedia won the 2014 Lighthouse Award. To see the full list of winners, read the ITA’s press release here.
When Hiring, ContextMedia Remains Close to its Mission
Posted on September 9th, 2015
How does ContextMedia scale quickly while enhancing its culture with every hire? In the past year, ContextMedia has added well over one hundred jobs to its Chicago workforce, and will add hundreds more over the next year. Meanwhile, the team remains mission-driven, and is committed to building a team that shares that passion.
As long as you make sure to always keep the mission top of mind, always look for the character, we’ll be able to not just hit the goal but make sure we’re doing it and sustaining our culture,” said Kate De Voto, talent director at ContextMedia.
To read the full feature in the Chicago Tribune, including a conversation with CEO Rishi Shah, click here.
The Four Question Interview
Posted on September 4th, 2015
Director, Member Experience and Operations
When I first started interviewing candidates, I thought I was really clever. I would throw mind-bending questions at each candidate in order to test their chops.
One day, I was in the middle of an interview, and it was not going well. The candidate, who was both qualified and excited about the company, was getting noticeably frustrated at some of my questions. I realized that while these questions were interesting to me, they did not serve the purpose of vetting whether this candidate would do well at our company.
This rocked me. I was growing professionally, but I was still interviewing like a kid. How could I know which questions to ask, and what the right answers were? Just as it was the candidate’s job to prepare for the interview, it was my job to find out if they could do the job well. I needed a new approach.
Later that week, I was having a conversation with a colleague. He asked me, “As a manager, what do you look for in people on your team?”
Without hesitation, I responded, “I find out what they are passionate about and what they think they are good at. I want to show them that their job is aligned with what they already love to do.”
I immediately realized that instead of looking for the subjectively “perfect” answers from candidates, I should instead look for something more tangible: what I sought in people already on the team. From there, I developed four questions that I ask every candidate. Here they are:
1. What makes you, you?
There are a million directions the candidate can go with this question, none of them wrong. I’m looking for self-reflection. I want to find out how a candidate thinks through the question and articulates a response. Is it a list of experiences or a conversation about their family? Do they use the opportunity to describe their achievements or to share obstacles they’ve overcome? No matter what the response, I’ll get a pulse on their attitude and values.
2. What do you like to do?
I am looking for alignment with what the job entails. If I find no alignment between what they like to do and the role, I will be honest with them about it, making sure they completely understand the task at hand.
3. What are you exceptional at?
This is another self-reflection question, and I am looking to see what skills they think they bring to the table, especially after they’ve learned what the job is. Often, their response is different from what they are actually good at. This helps build a coaching and training plan to get folks up to speed quickly if they join the team.
4. What are you absolutely, positively passionate about?
I recently had a candidate say that his passion was volunteering and helping others. He described this passion as a “calling,” yet he hadn’t volunteered in over a decade. I don’t care what your passion is as much as I care that you have the guts to take action towards that passion.
We never want a candidate to try to fit whatever ideal they think ContextMedia represents. We want authenticity. If you are straight-laced, be that. Tell us about it. If you like PBR or riding a scooter or both of those activities at the same time, that’s really cool, too (please be safe). I believe that if we hire passionate people who are aligned with our values and the job at hand, they will be an all-in contributor, and will fight tooth and nail to help fulfill our mission.
We’re building this team right now. To take a look at our opportunities, check out our careers page.
Why are so many female founders coming out of Northwestern University?
Posted on August 20th, 2015
While undergraduates at Northwestern, ContextMedia co-founders Shradha Agarwal and Rishi Shah started their first venture together, the Northwestern Business Review, a bi-annual publication that focused on socially responsible for-profit businesses. While they were working on an article for NBR, they came up with the idea of ContextMedia, and the rest is history.
While Shradha was a journalist by training, the opportunities at Northwestern helped pave the path towards co-founding ContextMedia. A recent article published by Chicago Inno points out that Northwestern has the highest output of female founders amongst all Chicago-area universities. Shradha commented, ”The diversity [at Northwestern] allows you to gain perspective, embrace new things and build confidence in your own abilities. This also creates the perfect environment for finding co-founders who have complementary skills, exploring new industries, joining student organizations on themes unrelated to your study major, and pushing yourself to a new challenge. “
To read the full feature in Chicago Inno, click here.
The 5 Values You Need to Win
Posted on August 20th, 2015
On July 30, Joakim Noah visited ContextMedia’s headquarters to have a conversation with our CEO, Rishi Shah, about hard work, leadership and what it takes to be the best. I’ll get the simple questions out of the way: 1. Yes, he is scary tall; 2. No, he does not have a summer home in Cleveland; 3. Yes, he did invent the man bun.
As Noah spoke with Rishi, he explained, “Lead by example. Only you know if you’re the best you can be for your team.” In his 8 years with the Bulls, Noah has led the Bulls to seven playoff runs while being named a two-time NBA All-Star. In 2014, his work on the court earned him the Defensive Player of the Year Award. Along the way, he has become a figurehead for the Bulls and established a reputation of passion and hard work.
While the difference in height between the two of us is both comical and upsetting (see above), we may be cut from the same cloth, because Joakim’s passionate approach to the game embodies ContextMedia’s values. Here’s how.
There is no substitute for hard work. Noah has established himself as a role player that gets the job done, no matter what it takes. In an interview with CSN, Bulls Guard Jimmy Butler said, “Jo makes everyone want to play harder. Dive on the floor, take a charge. Because when you see how emotional he is, you know that he’s really into the game. You want to go to war. You want to battle with a guy like Jo.”
Hold your team accountable. Noah has an innate ability to get his teammates hyped. When the Bulls are down a few baskets in the 4th, Noah plays a little harder and inspires the rest of his team to keep up. While speaking with the Sun-Times, Derrick Rose explained, “[Noah]’s energy and presence on the team is huge for us. He’s a hell of a character, a hell of teammate, a hell of a person, and he’ll do anything to win – which rubs off on people. “
Getting to the top takes humility. During Noah’s tenure with the Florida Gators, he dreamed big, but did not take success for granted. Before the start of the 2006 NCAA tournament, Noah commented to the Florida Times, “When we’re playing well, we’re very, very tough to beat. We’ve also proven that when we’re not on top of our game, we can also lose to anybody. If we have our PHD — if we play poor, hungry and driven every night — we’re going to be fine.” The Gators went on to outwork every other team they faced to win the 2006 NCAA Championship, which would be the first of two that Noah would win at Florida.
If you aren’t having a good time, what’s the point? Every play communicates Noah’s unwielding passion for basketball and the Chicago Bulls. He claps his hands, beats his chest, and screams at the top of his lungs to let both his teammates and opponents know that he is not going to give up. When Noah isn’t playing, he is at ease – an indication that he truly loves the work that he does. He is known as a jokester, and had our team in stitches when he visited the office.
We believe in servant leadership. Off the court, Noah devotes his time and resources towards creating a positive impact on the lives of others by tackling some of the most difficult and urgent issues in Chicago. In our offices, Noah spoke talked about his newest initiative within the Noah’s Arc Foundation, Rock Your Drop. Proceeds from the sales of the Drop of Consciousness pendant go directly to supporting organizations that promote violence prevention and youth empowerment in Chicago.
To see more photos of Noah’s visit to CM, click here.
The Marathon of Execution
Posted on August 7th, 2015
Director, Member Experience and Operations
Last year, I signed myself up for an ultramarathon. I signed up for the opportunity to run 50 kilometers, in what was far and away the most ambitious physical goal in my entire life. When I shared my plans with friends and family, some called this goal “ambitious,” while others lightly described the task as “torture.” Most of all, I heard from others that this would be “impossible.”
Take a second to visualize an ultramarathoner in your head. Are they hairless and aerodynamic, or maybe even sun-kissed from years of roadwork? Do you see them? The person you see is the exact physical opposite of me, I am not petite. Still, on November 1, 2014, I crossed the finish line with my tired hands raised (actually they were dangling in a awkward way). How’s that for impossible?
A few months have passed, and my knees have nearly recovered. In that time, I have found ways to apply what I learned running an ultramarathon towards executing at ContextMedia. We are shooting for the stars, and when we write our goals out on paper, they can appear more difficult than a 50 km run. However, for the past five years we have continued to hit them.
So how do you make your ambitious goals happen? Here’s what I learned:
Define the big picture
At first, 50 km seemed staggering. I benchmarked the distance against previous experiences: that’s two marathons, a round trip to IKEA, etc. Then I took a step back. I needed to conceptualize this goal, and understand that it was possible.
At ContextMedia, we go on quarterly leadership retreats to define our big picture goals, and every quarter, the goals get more ambitious. But the first step in our journey is to say them out loud and align on them. Getting overwhelmed is avoidable if you allow yourself some time to think about the goal from 10,000 feet. You can do this and still keep your feet on the ground.
See your goals as an opportunity, not a problem
While running an ultramarathon may seem like an exercise in solitude, I actively sought the opportunities for everyone involved. For my wife, I would finally be getting those washboard abs that I’ve been promising her (kidding, unfortunately). In all seriousness, the ultramarathon was meaningful because I leveraged it to raise money for a charity I cared about, LaunchU. Having more stakeholders involved increased the impact while helping me hold myself accountable.
In setting a goal, define the opportunities for every stakeholder in its pursuit, and never lose sight of them. While this may seem time consuming, it can be achieved by getting everyone into the same room for a few minutes. As you map out your strategy, the impact on each stakeholder must be at best, net positive, and at worst, net neutral. If you find yourself with a net negative, rethink it, executing against that plan will only lead to dissatisfaction across stakeholder groups, including employees, crushing morale. You will be blown away at the amount opportunity not just for the company, but for everyone on your team. This is crucial to getting everyone on board.
Build an execution-focused strategy
Strategy doesn’t have to be an ugly word. You aren’t going to be running 50 km any time soon without a training plan.
Similarly, at a high growth company, you have to stop, calibrate, and come up with a gameplan. Just ensure that whatever your strategy is, every step includes a plan of execution with attainable and tangible goals. I always wrap up our meetings with an action plan with deadlines – it’s my way of ensuring that things will get done. Consistency in execution will set you apart.
Build for flexibility
At various points in my training, I missed a day here and there because of injury, illness, or the surprise visit from the family. This can cause anxiety, and it’s easy to feel like you are derailed, and one step further from the goal.
To prevent this feeling, leave some slack in your plan. There will always be unpredictables, don’t get caught up in planning purgatory trying to define every possible scenario. Create your strategy with room for flexibility and get moving.
Don’t execute for grandeur
There were training days when I was hyped on adrenaline and wanted to run further. Similarly, I remember being 5 miles into a 10 mile run, and, exhausted, became overwhelmed at the thought of running anything more than 30. When this happened, I focused on each of my steps, the road in front of me, and the goal I had set for myself at the start of the run. Alright, I’m completely in love with this phrase, so I’m going to say it again: consistency in execution will set you apart.
When executing towards a goal, make sure that you are grabbing the low hanging fruit while setting yourself up for success in the next step. At ContextMedia, we need to add hundreds of jobs over the next year. It’d be easy to hire our next 200 applicants, or to feel overwhelmed by our ambitious target. Instead, we seek to hit our weekly goals, week after week, month after month. Focus on the path, not the end goal, and move forward one step at a time.
Be comfortable not knowing what’s next
At the start of my journey, I had a cache of embarrassing google searches in my training research. Starting from the beginning, this included, “Should I run an ultramarathon?” and “How do I train for an ultramarathon?” No shame. I’d never done this before, so why would I know what to do?
As the fastest growing company in our industry, we are going into unchartered territories, and don’t always have the answers along the way. In times like these, you just need to take a step in the right direction towards your goal, and it will lead you back. When in doubt, follow the path of least resistance to solve the most pressing problems; but the bottom line is that you have to keep moving.
Dust Off Your Resume and Work with ContextMedia
Posted on August 6th, 2015
In case you haven’t heard, ContextMedia is hiring! ContextMedia has doubled in size every year, and is on track to end the year with over 250 employees. In a recent article on Built in Chicago, ContextMedia was named one of the 6 top tech companies hiring in Chicago. In the feature, Talent Director Katie De Voto explains what ContextMedia seeks in its ideal candidates.
“We are the fastest-growing company in the industry and hire individuals with the grit, tenacity, and nimbleness to succeed in a growth-stage company. ”
To get more insight into what ContextMedia looks for during hiring, and to see the full list of companies selected by Built in Chicago, click here.