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Why do you think you can make
the transition from large corporations to much smaller businesses? Small companies will grow to be mid-size and large companies. Eventually,
they will require large corporate professional management, so my large
company background is a definite plus. While most of my experience has been in large corporations, I have successfully
managed, developed and grown small individual businesses that comprise
the total. Secondly, the talents, competencies and skills that have been
developed over a lifetime can easily transition into a smaller company.
What competencies will you
bring to a mid-size company?
My expertise encompasses both the creative and operating disciplines of the
retail or manufacturing segments of the business.
The creative side of the
business involves:
- Merchandising and Product
Development
- Marketing and Sales Promotion
- Visual Merchandising
- Merchandise Presentation
- People Development
The operating side of the business involves:
- Store Operations
- Financial and Payroll
Management
- Supply Chain Management
- Real Estate and Site Selection
- Facilities Management
- Customer Focus and Information Technology
Systems
This holistic approach to managing large enterprises has enabled me to
successfully bridge all functions of a business so results are delivered against
the plan.
What type of leader are you? It
is important to look at the "climate" of a company before deploying
any kind of style.
Flexibility: Do employees feel
free to innovate new products and ideas without a lot of red tape
- RESPONSIBILITY: Employees
should have a
sense of ownership when going about their work.
- STANDARDS: Consistent operating disciplines that are in place in the company.
- REWARDS: Standards of performance management and fairness of feedback.
- CLARITY: Associates' opinions about the vision, mission and values of the company.
- COMMITMENT: Associates
willingness to do what it takes to make the company successful.
The style(s) that I would use are
based on "Situational Leadership" and would be applied depending on
the stage that company is in.
During my career, I have mastered
the following styles:
- AUTHORITATIVE: Rally the team
around the vision and mission so everyone is clear on the direction of the
business.
- DEMOCRATIC: Build consensus
through participative management and involvement.
- AFFILIATIVE: Important to
create harmony and good will towards all associates.
- COACHING: Development of key
managers and associates depending on their opportunities to grow in certain
competencies.
So as you can see, leading in
today's environment demands different leadership as a company traverses through
different stages of it's lifecycle.
You've worked in so many
different retail formats, industries and companies. What have you learned from
each?
Here's what I've learned from
each retail sector that I've worked.
- DEPARTMENT STORES: Trend
merchandising, visual merchandising and merchandise presentation, inventory
management and financial discipline.
- DISCOUNT MASS MERCHANDISING:
Supply chain management, distribution of product, pricing strategies,
information technology and store operations, category dominance.
- APPAREL SPECIALTY STORES:
Speed to market, customer focus and service, strong brand management,
loyalty programs, crisp merchandise offerings, human resource development.
- HOME IMPROVEMENT: Product
intensity, key item assortments, size and location of the store, traffic
patterns.
- CONSUMER ELECTRONICS: Product
lifecycles, customer service, off shore manufacturing.
When you combine:
- PLACE: Location and size.
- PRODUCT: Intensity,
assortment, style and fashion.
- VALUE: Price and quality.
- PEOPLE: Service, knowledge and
climate.
- COMMUNICATION: Positioning,
brand management, promotional stance.
- POWERFUL COMBINATION: With systems, logistics and
suppliers, you have a powerful combination of ingredients that is difficult
to beat.
How would you describe your
personal "Brand", what do you stand for?
My primary brand is that of a "Turnaround Specialist" who finds
value in developing Company differentiation and Competitive Advantage in the
marketplace.
The secondary brand that I use is, developing "High Growth,
Fast Emerging" businesses that are at the beginning of their lifecycle.
Building processes, practices, infrastructure and growing product in the
marketplace are key to successfully growing a sustainable business. Problem
solving, fixing and growing businesses and delivering results and shareholder
value are attributes that must be deployed in the high speed, dynamic
marketplace of today.
What are the characteristics
of a winning organization?
- Superior quality products
- Quality service
- Flexibility to adapt to the
changes in the marketplace
- High caliber of management
- Honesty and strong ethics
- Good value and a great place
to work
- Good communications internally
and externally
Describe the strategic
planning process and how you involve the members of the organization to build a
sustainable plan that delivers the desired results?
It is important to look at:
- THE EXTERNAL WORLD, WHERE ARE
WE NOW?: External audit, market analysis, business assumptions,
opportunities and threats.
- INTERNAL WORLD, WHERE ARE WE
NOW?: Internal audit, strengths and weaknesses.
- RESULTS REQUIRED, WHERE DO WE
WANT TO BE?: Direction statement, objectives.
- HOW, HOW WILL WE GET THERE?:
Strategies, initiatives, project plans, operating plan.
- IMPLEMENTATION, WHO MUST DO
WHAT?: Delegated objectives, action plans.
- REVIEW, HOW ARE WE DOING?:
Business audit and review, course correction.
This is a dynamic process that
must be planned and coordinated on a weekly, monthly and annual basis.
Otherwise, performance against all objectives and goals can become muddled and
confused.
Today's business world moves
with alarming speed. What are the success factors that today's executive leaders
need in order to be successful? My sense is that there are several types of competencies that are needed in
today's business world.
- Emotional Competence determines how we manage
ourselves with self awareness, self regulation and motivation or
achievement drive.
- Social Competence determines how we handle
relationships through empathy and social skills.
- Executive
Success Factors are built around developing an
organization that is fit to compete. Those
Factors are: critical and strategic thinking, managing, leadership,
interpersonal skills, communication, motivation
and inspiration, self management, breadth and
depth of knowledge and experience. These factors
take a little longer to work, but when working
at it's best, it leads to spectacular results.
These factors have been developed over a
lifetime of personal growth and introspection
which has enabled me to lead multi-billion
dollar organizations and develop an array of
leaders that occupy key responsibilities around
the country.
- Lastly, execution of the strategy in a quality way that delivers the desired
results is critical to any executive in today's environment. The behaviors I
utilize to execute the plan are: know your
people, insist on most realistic case, set clear
goals and priorities, implement and follow
through on commitments, reward the folks
"Who Get Stuff Done", grow and develop
the stars, and constantly evaluate yourself.
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