REPOSITIONING LEADERS FOR THE MARKETPLACE
Company “A” had prepared itself for years to file and complete an Initial Public Offering (IPO). During the offering process, the current leadership had proven itself and was able to bring the company to the point of the IPO, but lacked the communication and marketing skills that would garner the best IPO price. Subsequently, the IPO was pulled until the right person, or persons, could be found for leading the company through the IPO process and then continue its growth trajectory for the next 10 years.
The board of directors realized a change was needed at the top, and they turned to me to execute a changeover in leadership. I interviewed the current leadership teams and researched the needs the marketplace was expressing that were not being met by Company A. I returned to the board with the criteria I felt the new leadership team would need to meet if the second entre into the IPO market was to be a success.
As a result, the board requested that I handle the transition in leadership and manage the many emotions and egos a transition of this type can foster.
The result was a smooth transition in leadership, very little market disturbance and successful placement of the right leadership team for the next IPO filing. The IPO was a resounding success, and previous and current leadership teams were all rewarded. The focus was on the growth and welfare of the company and its new shareholders – where it should have been the entire time.
I would like to share a personal reference with you; concerning one of the most professional HR Executives I have had the honor to work with in the Human Resources Industry.
I have known David Wolfe as a professional for almost a decade. He is a consummate Leader and Executive level HR Officer. As a former HR Executive myself for three Fortune manufacturers, I continue to be impressed with David. He has developed his assessment skills to a level many HR Executives aspire to achieve in their lengthy careers of people problem solving.
David is able to quickly determine the true baseline issues by his keen inquires and listening skills. He then develops his strategy to create the proper ownership atmosphere, while sharing the solution through meaningful delegation. David is a very confident professional who openly shares his accomplishments with the involved parties.
David is the type of HR Executive professional that every outside Executive Firm hopes to have as a client. He is direct, supportive and trusting when he delegates an assignment. I have worked directly for David on several Executive search assignments and reorganizations. I would recommend him without hesitation. He is both an excellent working professional and strategic leader/coach.
Frank V. - CEO