When Chief Financial Officer, Ben Harrison arrived at the company, their credit facility was maxed out. They had substantial amounts of uncollected receivables, angry vendors, and were heading towards violating their banking covenants. They had spent the last 13 months with a remote resource on an interim basis that did not provide mentorship, guidance, or
Michael Ray is a change management, result-focused, operations leader who introduced innovative approaches to a perplexing retail challenge which resulted in extremely high profits and improvements that stood the test of time. Here is his story: The company’s resort stores in Florida, Arizona, and California were underperforming in the areas of average stores sales, comparative
Senior Corporate Strategist, Lisa Hendrickson, has a firm grasp in Board & Stakeholder Relations, Employee & Labor Relations, Cross-Functional Collaboration, and Developing High-Performing Talent. Below, is her description of the Great Revival Plan and how to integrate this into your company’s employee attraction and retention planning: Employers are losing a record number of employees not
The founder and owner of the business ran the organization as a “one-man show” making all important decisions and limiting growth to what a single person could manage. When the omnibus leader unexpectedly died, clients, employees, and new shareholders needed convincing evidence that the company would survive. The company needed a survival plan.  “I realized
Joel Mossburg assumed responsibility for a struggling purchasing organization that was not meeting its annual savings targets. The group also had a high turnover rate, losing more than 25% of its staff each year. The Senior Supply Chain and Finance Executive was micromanaged by a Global Vice President, who had been with the company for
For reasons of safety and based on past incidents, the Indian government requires companies to safely transport female employees working during hours of darkness to and from their homes. Particularly for companies operating Business Process Outsourcing (BPO) centers, this results in most employees being transported 24 hours per day, six days per week, year-round. Since
After over a decade, a long sought-after municipal project was finally brought to market, and to the surprise of everyone pursuing, it had changed dramatically.  The project had been expanded and would be contracted for in-complex design plus a construction single contract model. “The leadership who were pursuing this were faced with an entirely new
“The destination’s promotional budget was driven by tax revenues,” says Senior Management Executive, Matthew Jones. “These capped the amount of annual growth possible. The competition enjoyed more expansive funding giving each a competitive advantage in sales and marketing campaigning.   “I used an existing economic improvement program to access an additional $4 million in incremental tax
Bonnie Hinze is a Technology Strategy expert. Her company committed $1 billion to expanding manufacturing plants to meet the increased demand anticipated from new product introductions and asked her to take charge and see that the technology required to accomplish the needed happened. Unfortunately, the growth demands lacked organizational buy-in, prioritization, and resourcing.  Bonnie initiated
How people drink coffee at home has changed dramatically in recent years.  The growth in Starbucks and in your local, premium coffee shop began to train consumers on the importance of quality and freshness spawning the growth of single-serve coffee at home.  As the Director of Sales & Marketing for the Senseo coffee brand, John