Description
Description tell about the mcdonnell company llc advisors in organizational excellence.
1
Patrick J. McDonnell
The McDonnell Company LLC
Advisors in Organizational Excellence
Cell: 847 226 7210 Fax: 847 224 436 8030
Email: [email protected]
Website: www.themcdonnellcompany.com
Career Overview
Well rounded, experienced, successful operating executive.
Key skill is strategic and tactical business problem solving, including organizing and directing
processes to achieve results. Have utilized broad financial, operational, turnaround, strategic
planning; and merger and acquisition experience to assist senior executives to assess
circumstances, transform cultures, create effective leadership, evaluate alternatives, formulate
responsive plans and execute in a meaningful manner.
Successful career in public accounting, management and consulting. Unique combination of
technical accounting, audit, leadership and operating skills derived from technical and senior
management positions in public accounting and a second career advising and managing public
and private entities.
Experienced in professional services, enterprise software, manufacturing, distribution and
financial services, including banking and insurance.
Experienced member of professional services, banking and manufacturing SEC Registrant
Boards of Directors. Audit committee member and chair. Designated “Financial Expert.”
Experienced mentor, advisor and counselor to senior executives. Have advised senior
executives in entrepreneurial, mid market and Registrant companies in a variety of industries.
Excellent speaking, writing, presentation and teaching skills. Proven leadership skills.
Professional Career Summary
July 2000 to Present
President & CEO of The McDonnell Company LLC. A consulting practice that
advises senior executives in creating organizational excellence by facilitating culture
change.
Recent/Current/Significant Projects:
? Serving as a member of the Board of Directors/Advisors of several
entrepreneurial companies.
? Serving at the behest of a Private Equity firm as an advisor to the
management of a $100 million provider of pre-school education. The
objective is enhanced revenue generation.
2
? Serving as an advisor to the management of a $6 million technology
based professional services provider in cultural change and operational
efficiency. The initial engagement will last approximately 90 days.
Already producing results.
? Served at the behest of the majority owner as the Chairman of the Board
and interim CEO of a $40 million technology based consulting firm.
Former CEO was a marketing executive whose time was best spent
growing revenue and not in operations. Results included a dramatic
change in culture and a substantial improvement in EBIDTA. Positioned
company for successful sale.
? Served as an advisor to the CEO of a SEC Registrant insurance
company. Successfully completed a multi-year cultural alignment,
leadership development and performance measurement project.
Positioned the company to develop and implement a comprehensive
strategic plan. Strategic Planning/execution process now well
established. Second iteration of the strategic plan completed.
Substantial improvement in operational culture. Served as a mentor to
senior and mid level executives. .
? Served as advisor to CEO and senior management of a $300 million
distribution company. Provided assistance in implementing change and
growth program.
? Served as an advisor to the CEO of a $330 million provider of accounting
software to the financial industry. Company was in need of cultural
realignment.
? Served as the interim CEO of a $400 million dollar distributor of industrial
safety supplies. Effected significant gross margin improvement and
positioned the company for continued success under revitalized
management.
Frequent speaker on the subject of ethics, facilitating change, cultural re-alignment,
leadership and the power of ethical behavior in maximizing organizational value.
? Recently addressed the senior leadership of the Michigan State Police
on leading organizational change.
? Annual speaker to the Illinois State Society of CPAs on Business Ethics.
September 1999 to June 2000
President & CEO of Jordan Professional Services, a Jordan Industries, Inc. company.
Retained to create a professional services firm of accounting, audit and consulting firms
to provide outsourced services to the middle and larger corporate market. Concluded the
project was not viable and terminated it. Successfully completed consulting projects for
Jordan Industries, Inc. companies.
September 1998 to September 1999
President & COO (CEO designate) of LAI Worldwide, Inc.
Responsible to the Board of Directors for all operations for LAI, one of the top five
executive recruiting firms in the U.S. and the only one SEC Registered at the time.
Revenues were $100 million. Member of the Board of Directors.
3
Enhanced operating controls, reduced cost and terminated and unwound an
unsuccessful international initiative that was losing $1.5 million per month. Facilitated the
sale of LAI to TMP Worldwide, Inc. and effected integration with TMP.
May 1970 to September 1998 Coopers & Lybrand
1993 to 1998 Vice Chairman, Business Assurance (Audit)
A senior member of firm management with operational responsibility for the largest line of
business with 1998 revenues of $1.25 billion. Over the period from 1993 to 1998, this
practice was consistently among the largest and fastest growing in the Big Six.
Beginning in 1993, oversaw the transformation of the business with the introduction of
technology to better manage and serve clients and developed value adding new services
that aggregated $300 million in 1998. Enhanced audit processes resulted in substantial
savings in personnel, operating and litigation costs. Effected substantial cultural change.
From 1996 to 1998, also Chairman, International Accounting and Audit Board, a group
comprising the leaders of member firm audit practices, responsible for replicating the
aforementioned assurance processes and products throughout the global Coopers &
Lybrand firm.
In the merged PricewaterhouseCoopers firm, from July to September 1998, was the
Director of Global Assurance Services, one of five senior partners responsible for the $6
billion global merged practice.
1992 to 1993 Vice Chairman, Client Service and Relationship Management
Responsible for enhancing the service to, and profitability from, client relationships.
Introduced programs to monitor client satisfaction and to increase client penetration with
value adding services. Also developed and introduced industry based client targeting
and relationship management programs firm wide. Financially and culturally very
successful.
1991 to 1992 Vice Chairman, Midwest Region
One of six Regional Vice Chairmen, responsible for a $500 million in revenue multi-
services business in twenty-one, mostly middle market offices in ten states. Established
focus on revenue production and organizational efficiency.
1990 to 1991 Managing Partner, Chicago Office
Energized an under invested practice, restoring growth and profitability.
1985 to 1990 Managing Partner, Hartford Office
Rebuilt a troubled, merged, middle market practice, restoring growth and profitability.
4
1970 to 1985 Practice Professional, Detroit
Served clients from entrepreneurial to Fortune 500 in manufacturing, health care and
financial services. Developed excellent client service, managerial, decision-making and
technical skills. Admitted to the Partnership in 1979.
Personal Summary
Education University of Notre Dame BBA, 1965
University of Michigan MBA, 1970
Military Commissioned Officer, U.S. Marine Corps, 1965 to 1968
Honorably discharged as a Captain
Affiliations Certified Public Accountant
Member of the Board of Directors and Chairman of the Audit Committee of First
Midwest Bancorp, a $8 billion SEC Registrant Bank Holding Company.
Designated Audit Committee “Financial Expert.”
Member of the Board of Directors and Chairman of the Audit Committee of
Material Sciences Corporation, a $150 million SEC Registrant provider of
laminated steel products to the auto industry. Designated Audit Committee
“Financial Expert.”
Former member of the Board of Directors, and the Audit Committee, of SS&C
Technologies, Inc., a then $100 million SEC Registrant provider of accounting
software and services to the financial industry.
Former member of the Board of Directors of LAI Worldwide Inc, a $100 million
SEC Registrant Executive Search and Consulting firm.
Former faculty member, Lake Forest Graduate School of Management. Subject
taught was Leading Organizational Change. Taught for approximately 20 terms
over 10 years. Twice awarded Excellence in Teaching.
Named the Notre Dame Beta Alpha Psi Outstanding Alumnus of 1993.
Author of Everybody Wants To Go To Heaven: 6 Steps To Organizational
Excellence. Available at www.themcdonnellcompany.com, or Amazon.
Author of Mitigate Risk, Create Excellence in the January 2003 issue of the
Journal of Accountancy.
Author of My Biggest Mistake – Too Much Focus on the Next Customer, the
Chicago Tribune, September 27, 2004
Author of Let’s Hear it for Sarbanes-Oxley in the November 2004 issue of
Darwin’s Online Magazine.
Author of The PCAOB and the Future of Oversight in the December 2004 issue
of the Journal of Accountancy.
doc_108439389.pdf
Description tell about the mcdonnell company llc advisors in organizational excellence.
1
Patrick J. McDonnell
The McDonnell Company LLC
Advisors in Organizational Excellence
Cell: 847 226 7210 Fax: 847 224 436 8030
Email: [email protected]
Website: www.themcdonnellcompany.com
Career Overview
Well rounded, experienced, successful operating executive.
Key skill is strategic and tactical business problem solving, including organizing and directing
processes to achieve results. Have utilized broad financial, operational, turnaround, strategic
planning; and merger and acquisition experience to assist senior executives to assess
circumstances, transform cultures, create effective leadership, evaluate alternatives, formulate
responsive plans and execute in a meaningful manner.
Successful career in public accounting, management and consulting. Unique combination of
technical accounting, audit, leadership and operating skills derived from technical and senior
management positions in public accounting and a second career advising and managing public
and private entities.
Experienced in professional services, enterprise software, manufacturing, distribution and
financial services, including banking and insurance.
Experienced member of professional services, banking and manufacturing SEC Registrant
Boards of Directors. Audit committee member and chair. Designated “Financial Expert.”
Experienced mentor, advisor and counselor to senior executives. Have advised senior
executives in entrepreneurial, mid market and Registrant companies in a variety of industries.
Excellent speaking, writing, presentation and teaching skills. Proven leadership skills.
Professional Career Summary
July 2000 to Present
President & CEO of The McDonnell Company LLC. A consulting practice that
advises senior executives in creating organizational excellence by facilitating culture
change.
Recent/Current/Significant Projects:
? Serving as a member of the Board of Directors/Advisors of several
entrepreneurial companies.
? Serving at the behest of a Private Equity firm as an advisor to the
management of a $100 million provider of pre-school education. The
objective is enhanced revenue generation.
2
? Serving as an advisor to the management of a $6 million technology
based professional services provider in cultural change and operational
efficiency. The initial engagement will last approximately 90 days.
Already producing results.
? Served at the behest of the majority owner as the Chairman of the Board
and interim CEO of a $40 million technology based consulting firm.
Former CEO was a marketing executive whose time was best spent
growing revenue and not in operations. Results included a dramatic
change in culture and a substantial improvement in EBIDTA. Positioned
company for successful sale.
? Served as an advisor to the CEO of a SEC Registrant insurance
company. Successfully completed a multi-year cultural alignment,
leadership development and performance measurement project.
Positioned the company to develop and implement a comprehensive
strategic plan. Strategic Planning/execution process now well
established. Second iteration of the strategic plan completed.
Substantial improvement in operational culture. Served as a mentor to
senior and mid level executives. .
? Served as advisor to CEO and senior management of a $300 million
distribution company. Provided assistance in implementing change and
growth program.
? Served as an advisor to the CEO of a $330 million provider of accounting
software to the financial industry. Company was in need of cultural
realignment.
? Served as the interim CEO of a $400 million dollar distributor of industrial
safety supplies. Effected significant gross margin improvement and
positioned the company for continued success under revitalized
management.
Frequent speaker on the subject of ethics, facilitating change, cultural re-alignment,
leadership and the power of ethical behavior in maximizing organizational value.
? Recently addressed the senior leadership of the Michigan State Police
on leading organizational change.
? Annual speaker to the Illinois State Society of CPAs on Business Ethics.
September 1999 to June 2000
President & CEO of Jordan Professional Services, a Jordan Industries, Inc. company.
Retained to create a professional services firm of accounting, audit and consulting firms
to provide outsourced services to the middle and larger corporate market. Concluded the
project was not viable and terminated it. Successfully completed consulting projects for
Jordan Industries, Inc. companies.
September 1998 to September 1999
President & COO (CEO designate) of LAI Worldwide, Inc.
Responsible to the Board of Directors for all operations for LAI, one of the top five
executive recruiting firms in the U.S. and the only one SEC Registered at the time.
Revenues were $100 million. Member of the Board of Directors.
3
Enhanced operating controls, reduced cost and terminated and unwound an
unsuccessful international initiative that was losing $1.5 million per month. Facilitated the
sale of LAI to TMP Worldwide, Inc. and effected integration with TMP.
May 1970 to September 1998 Coopers & Lybrand
1993 to 1998 Vice Chairman, Business Assurance (Audit)
A senior member of firm management with operational responsibility for the largest line of
business with 1998 revenues of $1.25 billion. Over the period from 1993 to 1998, this
practice was consistently among the largest and fastest growing in the Big Six.
Beginning in 1993, oversaw the transformation of the business with the introduction of
technology to better manage and serve clients and developed value adding new services
that aggregated $300 million in 1998. Enhanced audit processes resulted in substantial
savings in personnel, operating and litigation costs. Effected substantial cultural change.
From 1996 to 1998, also Chairman, International Accounting and Audit Board, a group
comprising the leaders of member firm audit practices, responsible for replicating the
aforementioned assurance processes and products throughout the global Coopers &
Lybrand firm.
In the merged PricewaterhouseCoopers firm, from July to September 1998, was the
Director of Global Assurance Services, one of five senior partners responsible for the $6
billion global merged practice.
1992 to 1993 Vice Chairman, Client Service and Relationship Management
Responsible for enhancing the service to, and profitability from, client relationships.
Introduced programs to monitor client satisfaction and to increase client penetration with
value adding services. Also developed and introduced industry based client targeting
and relationship management programs firm wide. Financially and culturally very
successful.
1991 to 1992 Vice Chairman, Midwest Region
One of six Regional Vice Chairmen, responsible for a $500 million in revenue multi-
services business in twenty-one, mostly middle market offices in ten states. Established
focus on revenue production and organizational efficiency.
1990 to 1991 Managing Partner, Chicago Office
Energized an under invested practice, restoring growth and profitability.
1985 to 1990 Managing Partner, Hartford Office
Rebuilt a troubled, merged, middle market practice, restoring growth and profitability.
4
1970 to 1985 Practice Professional, Detroit
Served clients from entrepreneurial to Fortune 500 in manufacturing, health care and
financial services. Developed excellent client service, managerial, decision-making and
technical skills. Admitted to the Partnership in 1979.
Personal Summary
Education University of Notre Dame BBA, 1965
University of Michigan MBA, 1970
Military Commissioned Officer, U.S. Marine Corps, 1965 to 1968
Honorably discharged as a Captain
Affiliations Certified Public Accountant
Member of the Board of Directors and Chairman of the Audit Committee of First
Midwest Bancorp, a $8 billion SEC Registrant Bank Holding Company.
Designated Audit Committee “Financial Expert.”
Member of the Board of Directors and Chairman of the Audit Committee of
Material Sciences Corporation, a $150 million SEC Registrant provider of
laminated steel products to the auto industry. Designated Audit Committee
“Financial Expert.”
Former member of the Board of Directors, and the Audit Committee, of SS&C
Technologies, Inc., a then $100 million SEC Registrant provider of accounting
software and services to the financial industry.
Former member of the Board of Directors of LAI Worldwide Inc, a $100 million
SEC Registrant Executive Search and Consulting firm.
Former faculty member, Lake Forest Graduate School of Management. Subject
taught was Leading Organizational Change. Taught for approximately 20 terms
over 10 years. Twice awarded Excellence in Teaching.
Named the Notre Dame Beta Alpha Psi Outstanding Alumnus of 1993.
Author of Everybody Wants To Go To Heaven: 6 Steps To Organizational
Excellence. Available at www.themcdonnellcompany.com, or Amazon.
Author of Mitigate Risk, Create Excellence in the January 2003 issue of the
Journal of Accountancy.
Author of My Biggest Mistake – Too Much Focus on the Next Customer, the
Chicago Tribune, September 27, 2004
Author of Let’s Hear it for Sarbanes-Oxley in the November 2004 issue of
Darwin’s Online Magazine.
Author of The PCAOB and the Future of Oversight in the December 2004 issue
of the Journal of Accountancy.
doc_108439389.pdf