Beechwood Advisors LLC Beechwood
We believe that senior management’s top responsibility is to create the right environment for their people to be successful.
Beechwood Advisors LLC
Beechwood Advisors LLC Beechwood
While there are limits to leaders’ power to drive change…
“What you can do is create the conditions for transformation. You can provide the incentives. You can define the marketplace realities and goals. But … in the end, management doesn’t change culture. Management invites the workforce itself to change the culture.”
Louis V. Gerstner, Jr.Former CEO
IBM CorporationBeechwood Advisors LLC
Beechwood Advisors LLC Beechwood
…they do have some key levers
Beliefs: Inspiring the search for a better way
Boundaries: Limiting the scope of the search
Controls: Monitoring progress, identifying problems and opportunities
Beechwood Advisors LLC
Beechwood Advisors LLC Beechwood
How best to use these levers depends on the system of challenges facing their company.
Beechwood Advisors LLC Beechwood
Because each company has a unique history and circumstances, we go well beyond packaged, off-the-shelf solutions…
Beechwood Advisors LLC
Beechwood Advisors LLC Beechwood
…to help leaders understand what is different about their current situation, and what they need to address it.
Beechwood Advisors LLC Beechwood
We bring to each engagement a process that helps CEOs and their teams understand business challenges and use the levers they have effectively.
Beechwood Advisors LLC
Beechwood Advisors LLC Beechwood
Specifically, we help leaders to
Get on the same page with a direction and a plan
Raise money/build a company
Manage a crisis
Build or adapt organizational infrastructure
Identify and address specific operational and financial issues
Beechwood Advisors LLCBeechwood Advisors LLC
Beechwood Advisors LLC Beechwood
Our work is founded on a strong belief in the following notions:
Planning is a discipline and a thought process, not pages in a binder;
Successful companies may not be the ones with the slickest plan, but those who have developed an ability to adapt to new information and challenges;
Leaders cannot control implementation; they influence it by the environment they create;
Sound strategy often evolves and emerges from effective implementation.
Beechwood Advisors LLC
Beechwood Advisors LLC Beechwood
Usually, we work with teams who already have momentum and an impetus to act
Beechwood Advisors LLC
Beechwood Advisors LLC Beechwood
That momentum can come from
New capitalNew peopleNew merger or acquisitionNew ideasNew technologyNew, possibly adverse, developments
Beechwood Advisors LLC
Beechwood Advisors LLC Beechwood
All of which has put the company into some form of transition
Beechwood Advisors LLC
Beechwood Advisors LLC Beechwood
Managed properly,
transitions can
galvanize an organization…
Beechwood Advisors LLC
Beechwood Advisors LLC Beechwood
…and create new possibilities
Actions have significant effect on the company for a long time
Many decisions in a relatively short time
Change brings new opportunities and challenges
The organization develops new attitudes and work habits
Beechwood Advisors LLC
Beechwood Advisors LLC Beechwood
But they also pose certain risks
The leadership team not being on the same page;
A failure to articulate strategic priorities;
Unclear direction to or poor engagement of field management;
Ineffective integration of an acquisition;
Overlooking, or not seeking out, critical information;
Alienating key constituents;
Moving too fast, or too slowly;
Not consulting with the right people;
Getting out of sync with their customers (or with their Board).
Beechwood Advisors LLC
Beechwood Advisors LLC Beechwood
Our goal is to help CEOs and leadership teams minimize such risks and use the momentum they have created to drive necessary changes
Beechwood Advisors LLC
Beechwood Advisors LLC Beechwood
Successful Transitions usually play out in four stages
Energize: Creating the impetus for change
Clarify: Developing a common world view
Engage: Enabling the organization to adapt
Execute: Guiding implementation
Beechwood Advisors LLC
Beechwood Advisors LLC Beechwood
Clarify: a common world view
Vision: focus the strategy
Perspective: seeing the whole picture
Framework: mapping the competitive world
Beechwood Advisors LLC
Beechwood Advisors LLC Beechwood
Engage: enabling the organization to adapt
Innovation: Where, and from whom, do we need new thinking?
Validation: Who will help us determine whether we’re on the right track?
Organization: What’s the right process for moving forward?
Aspiration: How will we define success?
Cooperation: What are the strategic priorities, and how are they to be developed?
Beechwood Advisors LLC
Beechwood Advisors LLC Beechwood
Execute: Guiding implementation
Beliefs: Inspiring the search for a better way Mission Statement Values Credos Goals and Objectives
Boundaries: Limiting the scope of the searchBusiness definitionPoliciesProcedures/ processesStandards
Controls: Monitoring progress, identifying problems and opportunities
Financial Customer Internal
Beechwood Advisors LLC
Beechwood Advisors LLC Beechwood
How we help
Focus on how leaders influence execution
Help create a framework for action
Give weight to how, as well as what, actions are taken
Provide independent, experienced perspective
Bring the right questions, not canned solutions
Aid in execution with hands-on support
Provide access to capital
Beechwood Advisors LLC
Beechwood Advisors LLC Beechwood
Putting it all together, we:
Advise clients in times of change
helping them gain a fresh perspective
and create the right environment for action
Beechwood Advisors LLC
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