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Client Value and Profit |
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Executive Management |
Selected Executive Management Projects
- Developed and implemented incentive compensation plans and performance appraisal programs that tied employee objectives to value creation, company goals and improved employee performance.
- Established and implemented Human Resource Information System (HRIS)
- Streamlined processes and procedures in Administration & H.R. to meet "customer" demand without increased staff
- Negotiated and consummated the privatization of $125,000,000 of high yield bonds and related amendments to a $45,000,000 senior debt facility. Net Result: Avoided disclosure of key financial and strategic information to competitors and to 80,000 plaintiffs in active lawsuits. Future savings exceed $1,000,000.
- Developed and implemented training programs to ensure skills keep pace with growth, culture change and organizational development
- Reduced costs for health/dental insurance plans by 10% - while providing comparable benefits
- Developed and implemented long range strategic plan that resulted in ability to budget and allocate resources consistent with corporate focus.
- Recommended and implemented repurchase of company’s bonds. Net Result: Generated annual savings of $239,000 and a gain of $638,000.
- Negotiated multiple Wall Street transactions for one company to finance explosive growth. Net Results: Consummated acquisition of six (6) companies in five (5) years and increased revenues 700%.
- Reduced by 30%, administrative costs in insurance claims processing, while improving the level of service to the employees.
- Developed a Total Quality Management program that reduced overtime and increased productivity of departments while improving morale. Conducted training to incorporate Total Quality Management into the business unit operation.
- Coordinated the assimilation of acquired companies / employees into parent organization and assisted displaced employees in relocating to other local companies.
- Negotiated a multiple year labor agreement including a $1/hour concession in wages for a major division
- Established a safety training and awareness program that reduced injuries and associated cost by 20% over previous year.