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Balancing Vision and Execution in Company Transformation

Paul Liska

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Chicago-area financial executive Paul Liska has handled numerous mergers and acquisitions in his career. Paul Liska is also experienced in transformational change, a shift in the business culture of a company.

Transformation begins with the evaluation of the complex matrix of operations and the establishment of a strategic vision. This may involve placing greater weight on departments that have been underrepresented in the decision-making process up to the point where a turnaround became necessary.
Executing the vision can benefit from the input of outside consultants who are able to break through logjams and view situations free from vested interests and factions within the office. Time is often of the essence; while the transformation ideally involves a gradual change, all too often intense pressure exists to immediately right the sinking vessel.
One way to quickly execute a rapid turnaround is to use the power of big data and analytics, and seek novel ways to address inefficiencies through a better understanding of operations, the market, and the consumer forces at work.