A leading company in the accounts receivable industry, IC System was founded in 1938 by Ruth and Jack Erickson. Ruth had a crucial role in the operations of the company right from the beginning. When Jack passed away in 1952, Ruth was left with more responsibility to steer the company to greater heights and success. One of her major roles was to accumulate clients for IC System. She adopted a unique advertisement method of making personal visits to prospective clients which worked out well as the company’s client base grew swiftly. There were no credit cards in those days, so many businesses operated and administered credit accounts on behalf of their consumers. In addition to personal visits, Ruth would also write letters to consumers to help with the collection efforts.
To improve service delivery to clients and consumers, IC System adopted technology in their operations, for instance, computer systems to improve on letter writing. Ruth instilled a philosophy of trust and relying on family to achieve goals in the company. To this day, IC System is still owned by the Erickson family. She also sought endorsements, partnerships, and associations with other organizations. Her excellent guidance on the company’s decisions over the years clearly exemplified the power of female leadership and benefit of thoughts from diverse backgrounds. The company’s top leadership positions are occupied by women till today.
The National Council of the Women’s Business Enterprise has recognized IC System as a female-run business. Ruth embodies hard work and a business savvy attitude that is crucial for success in the modern economy. In a world where its men who mostly run and operate companies, Ruth has offered quality leadership that has brought tremendous success to IC System thus inspiring many people especially women who are now highly motivated to take up positions of leadership in the workforce.