Mike LeBaron has worked in a variety of operations roles at national and regional banks.  The need to consolidate operations is something all banks wrestle with at various stages of their growth.  Mike is an expert at consolidating operations.  Mike details seven critical components of a successful centralization plan: executive sponsorship, training, roles and expectations,
Tom’s Foods, Inc., founded in 1925, was a Southeastern based salted snack food manufacturer with revenues of $250 million. The Company grew its distribution system by means of independent franchisees, a model that worked well for several decades. Beginning in the 1960’s, however, Frito-Lay began consolidating regional snack food companies and most importantly, amassing a
Kirk started Iconic Therapeutics after licensing a novel treatment for wet age-related macular degeneration and cancer from Yale University.  After raising $15M in Series A funding, they had completed the pre-clinical phase of the drug’s development and were ready for the all-important Phase 1 human safety studies.  All that remained was to complete the final
The following summary outlines, Senior Client Strategist & Growth Strategy Executive, Victor Sirgado’s strategy for swift industry growth. (Scroll down for full video interview with host, Fred Coon SC&C CEO.) The Opportunity:   Healthcare providers and hospitals essentially did not advertise prior to 1977. Not surprisingly, it was the legal profession itself that championed the issue
When Linda Coogle joined the company as President (a new position), the sales growth had been stagnant for a multiple years, after more than 20 years of business history.  “Employee annual turnover peaked at 100.3%, of which 81.2% was voluntary. The cost impact of the constant turnover affected profits, job satisfaction, and customer experience. In
In 2016, a manufacturing company hired Jonathan Henson, CMIOSH, to lead their Environment, Health and Safety (EHS) program. The manufacturing company had over 1600 employees based in five manufacturing plants across the US, UK, Mexico, and China. The company also had five service centers in the US. The safety director role allowed Jonathan to bring
Forward-focused predictions of the impact of eventual COVID restrictions augured for significant reductions and some elimination of planned promotional expenditures. Stakeholders most affected by the changes objected strenuously and demanded verification of the forecasts justifying cancellations.  Experience with similar business disruptions in the past showed the response needed to focus on ensuring a successful return

Frank O’Regan: Franchise Turn Around

In July of 2016, Frank O’Regan was hired by Balise Motor Sales as the Business Manager for their two Mighty Auto Parts franchises.  When Frank arrived, the two franchises were under performing and operating at a profit loss.  The sales were historically stagnant, the gross margin was low, they had low inventory turns and poor
The local minor-league soccer team won selection as an MLS expansion franchise with the requirement that games be played in an appropriately sized and appointed stadium. None of the area’s existing venues satisfied the prerequisites forcing a major infrastructure development program.  John Juech assumed a leadership role for the city in bringing government, community organizations,
People generally view compliance as a mandate, or an unpleasant must-do to stay on the right side of the law. While this is often true, doing compliance right also brings business benefits in terms of customer trust, brand loyalty, improved operational processes, and the enhanced ability to identify and manage business risk. Occasionally a compliance