Winston-Salem, NC entrepreneur Tim Scronce, is known not only for his aptitude for innovation, but for involvement in his community as well. For the past two decades, Tim has served as executive leadership in both private and public companies, large and small, with the common thread being innovation, entrepreneurialism and maximizing all the resources of an organization. Mr. Scronce has realized success by developing and inspiring his teams through a participatory management style.
From 2005 to 2012, as President and CEO of TelWorx Communications, he proved time and again to meet challenges and take them head on. Beginning in 2005, Tim had worked to make TelWorx Communications, a top value added partner to the wireless, wireline, and services markets. Tim Scronce and his team achieved success by understanding and supporting customers goals and objectives. Key to this strategy was remaining flexible and easy to do business with. Some of the companies that Mr. Scronce’s team supported are Verizon Wireless and Business, T-Mobile, AT&T Wireless, BNSF, XO Communications, and Time Warner Telecom.
Eager to lead, Mr. Scronce acquired TelWorx in 2005 where he served admirably for seven years. Mr. Scronce’s team was recognized as a top performing team while TelWorx Communications was recognized by multiple organizations for being a top growth company in the region. In doing so, he restructured and repositioned the company to excel, not an easy challenge. From its new position, TelWorx was able to step into the future by providing a range of products and services to the telecommunications industry.
Lexington, North Carolina served as the headquarters for this international company. Spread throughout the United States in Spokane, Denver, Dallas, Chicago, Newark, and Orlando; the company continued to grow its’ employee base while growing a profitable business. Abroad, TelWorx served as a shining example of American entrepreneurship and ingenuity with offices in the United Kingdom, Cairo, Delhi, and Shenzhen. Building a company across multiple continents has aided Mr. Scronce in adopting an international attitude toward business; a greater understanding and respect in cultural relations.
Before leading TelWorx, Tim Scronce was the COO and president of the Blue Rhino Corporation. Here is where Tim really harnessed his disciplined approach to profitable growth and scaling a business on steroids. Leading the largest propane tank exchange company in America provided an intricate understanding of growing a brand, scaling profitably, developing an infrastructure to support growth and teamwork. Mr. Scronce’s understanding of consumer goods and direct-store-delivery models help Blue Rhino achieve profitable growth while optimizing their cost basis.
Prior to Blue Rhino, Tim Scronce held an executive position at Diageo, PLC, the world's leading premium drink's company. There he managed Diaego's Canadian operations and was a corporate strategist. During his strategist assignment, Mr. Scronce worked on Diageo’s North American distributor strategy, brand divestitures and global sales and trade marketing development. For a short time, Scronce fleshed out his management acumen working with the Continental Baking Company and Frito-Lay.
A North Carolina native, Tim Scronce received his Bachelor of Science in industrial engineering from North Carolina State University. Intellectually hungry, he went on to earn an MBA in Global Management from the University of Phoenix. Being involved in the community is very important to him. Mr. Scronce is active in his community and sits on a number of boards.
Tim Scronce continues to be a leader in the business world. Mr. Scronce is currently involved with three areas: real estate, consulting, and private equity. Scronce Real Estate is involved with owner tenets real estate opportunities (scroncerealestate.com). Scronce and Associates is a small to medium sized business private equity firm (scronceandassociates.com). Scronce Advisors is a business consulting company of small to medium sized businesses (scronceadvisors.com).
When Tim Scronce isn't busy being an industry game changer, you can find him at home researching new culinary techniques or whipping up some scrumptious barbecue for his family.