Chris Scherer Email and Phone Number
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Will your business FOLD or will it be SOLD? Most fold.In the next 25 years, 45 million households will transfer $68 trillion (to their children?), the largest transfer of wealth in history.- Much of that wealth is tied up in businesses that will have to be sold, many at a fraction of their value- Did you know that 50% of US businesses fail within five years, because the businesses are NOT sustainable / repeatable- Over 75% fail within 17 years, due to lack of owner discipline, accountability and lack of a valid third party perspective- >75% of businesses are owned by Baby Boomers nearing retirement & most do not have a Business Operating System (BOS)- Over 80% of Baby Boomer businesses are not “transaction ready”, which means they are unlikely to find a buyer and don't have the traction, sustainability & scalability to be sold- Only 4-5% of all businesses listed are sold in any quarter (BizBuySell.com)- Of the small percentage of businesses that are successfully sold, >70% fail to meet the expectations of the buyer.Fortune 500 companies build businesses that are sustainable, scalable, and saleable.If you're a CXO, you likely want a business that:1) Can weather a storm. It's Sustainable and keeps running despite the loss of a key client/employees or a downturn in the economy.2) Has the infrastructure to grow. It's Scalable and maintains your high standards of excellence and customer satisfaction.3) Has recognizable value. It's Saleable and transaction ready...when you walk away.Find out quickly how you are doing:- Assess your readiness as a leader: https://www.cxoaccelerator.com/are-you-ready- Assess your readiness as a business: https://www.cxoaccelerator.com/is-your-business-readyNow...are you leveraging the GENIUS of your people?Only 24% of companies can communicate a Talent Strategy that employees understand.Why is that?- Typically, Senior Leaders agree on no more than 70% of their company's Objectives- 47% of Executives wish they had spent more time aligning their Leadership Team- Talent Strategy and Strategy Development are the Top Priorities for CEOs- Only 36% of companies have a Talent Strategy- 1/3 of companies with a Talent Strategy cannot communicate it in a way employees understand- The Result: only 24% of companies can communicate a Talent Strategy that employees understand- The Implication: only 24% of companies have the very best chance of winningTake a look inside the PI (Predictive Index) platform to see an example of Talent Optimization:https://www.cxoaccelerator.com/talent-optimization#inside
Cxo Accelerator
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Cxo AcceleratorGrand Rapids, Mi, Us -
Co-Founder, Co-OwnerCxo Accelerator Jul 2016 - PresentRockford, Mi, UsUltimately, you want a business that you can step away from.Our approach builds a sustainable, scalable, and saleable business.We focus on three things:(1) You, the Leader: You have the vision and the resources to turn dreams into reality.(2) Your Business Strategy: You need leverage throughout your organization to achieve your Ultimate Business Outcome. We bring the gold standard in performance excellence.(3) Your Talent Strategy: Business problems are typically people problems, and your Team is typically your greatest asset.Unlock the GENIUS of your people....and get RESULTS.Our Mission is to guide our clients to build a sustainable, scalable, and saleable business, while achieving your goals. We refer to this as realizing your Ultimate Business Outcome (your Vision). Our simple, holistic approach leverages proven, repeatable business best practices. It provides clarity and focuses on action. We guarantee our value through measurable results and integrity.Our Vision is to work with you to achieve yours. -
DirectorBlue Hill Consulting Group Feb 2017 - Apr 2022 -
City Forum Regional Chair, Chicago, Illinois & Grand Rapids, MichiganCoo Alliance Jun 2018 - 2021Scottsdale, Arizona, UsAs a City Forum Chair, my objective is to provide the COO/2nd in command with a qualified and vetted peer group. During the six regional events per year, the second in command will receive the tools, feedback and support necessary to rapidly grow their company.Every CEO needs someone to execute upon their vision and ideas, which is the role of the 2nd in command. Our goal is to ensure that our members are receiving the specialized support and tools necessary to grow and scale their company.Our members will benefit from peer presentations, resources to analyze their business, discovering gaps and identifying new areas of improvement, providing solutions to issues and challenges they are currently facing, worksheets and resources to bring back to their teams, a peer group they can consistently call on for feedback and support, and departing each event with an improvement plan and accountability partner to help ensure they implement those plans. -
DirectorAarete Llc Aug 2009 - Jun 2016Chicago, Il, UsLed multiple teams in non-labor cost reduction, compliance, & process improvement efforts (e.g., multiple Fortune 500 managed care organizations, AmLaw Global 100 law firm, national retailer, & global confectioner). Develop & implement fact-based, industry-specific, & data-rich business solutions.• Saved >$60 million delivering end-to-end Pharmacy Benefit Management (PBM) RFP. Developed vendor oversight process and scorecard to monitor compliance and performance.• Achieved >4:1 ROI, saving nearly $2 million in 27 weeks, including legal services RFP.• Satisfied multiple stakeholders (various departments across 10 states) over three years with savings >$40 million in several provider and non-provider areas.• Delivered fast results in failing situations: stabilized provider data management process as Interim Director, Network Operations (reported to plan COO); redesigned Plan Configuration process (reported to plan COO and President); rescued CMS Audit Response (signed by CEO).• Ensured pharmacy benefit oversight in new implementation (reported to PBM COO & corp. exec.). -
League Cycling InstructorLeague Of American Bicyclists 2008 - 2010Washington, District Of Columbia, Us -
Director Of Risk & Process ManagementThe Mcgraw-Hill Companies Nov 2004 - Apr 2009New York, Ny, UsAdvised and led all aspects of HR risk management. Managed special projects and teams in a matrix environment across multiple functions and technologies. Direct report to HR Executive VP.• Led Lean Six Sigma Green Belt project to eliminate 75% of manual processing and 100% of subjective decision making for process affecting 40,000 special payment transactions yearly.• Delivered Web-based, global, dynamic business intelligence dashboards, significantly reducing manual effort and cycle time, ensuring global consistency and customer satisfaction.• Directed HR/Finance SOX compliance; eliminated 20% of HR controls (100 processes, 11 departments).• Developed global Web-based governance model and mandatory risk management training, providing immediate compliance monitoring and mitigating previously unmanaged risk.• Implemented first ever Business Impact Analyses, Business Continuity Plans (BCP) and Disaster Recovery Exercises in Living Disaster Recovery Planning System for HR/Payroll. -
Project Manager - Business Decision SupportThe Mcgraw-Hill Companies Apr 2000 - Oct 2004New York, Ny, UsIdentified operational improvements with finance, sales, operations and technology customers. Planned projects, recommended and implemented solutions, and managed cross-functional teams.• Initiated and implemented Web-based expense reporting process for 12,000+ users in 15 countries, developing management reporting application and governance for business units.• Expanded P-Card program 23% within six months of go-live, reducing processing by 13%.• Developed a Web-based T&E application and change management program to migrate 5000+ users to the new product, achieving 99% user satisfaction and a 1400% increase in user base. -
Finance Manager - International FinanceSchering-Plough Corp. 1998 - 2000Rahway, New Jersey, UsHuman Business: Managed operational issues, budget, close, estimates and plans. Supported and presented findings and solutions to senior management. Responsible for Latin America (sales of $506 million in 17 countries).• Significantly reduced reporting time and errors by automating reporting tools to identify P&L variances, manage closes, develop operating plans, and report financial and marketing data.• Recommended $29 million in upgrades (both accepted) to Argentina mfg and Mexico sterile area.• Implemented flexible intranet-based financial reporting tool, satisfying senior management business need, eliminating errors and significantly reducing manual reporting time.Animal Health Business: Responsible for Latin America, Far East, Europe, Canada, Middle East and Africa after acquisition that doubled sales to $200 million in 54+ countries. Supervised and developed Management Associates.• Supported Finance/Marketing Directors: consistent reporting in 30+ countries (previously unmet).• Identified and resolved ongoing gross margin issue in Mexico with local Marketing Director.• Delivered findings and systems implementation plan to President for start-up review in Peru. -
Audit Consultant - Corporate AuditBaxter International, Inc. 1996 - 1998Deerfield, Illinois, UsManaged project staff, scope, planning, execution and client relations. Performed application, audit, financial, operational & plant reviews to identify issues, present findings and solutions to management.• Member of three-person team in year-end financial audit of $2.3 billion business unit.• Managed plant reviews for two year-end audits: 1000-employee facility in Costa Rica with $31 million value of production (VOP), 950-employee facility in Mississippi with $80 million VOP.• Performed operational reviews in the US, Argentina, Brazil, Dominican Republic and Venezuela. -
Senior ConsultantArthur Andersen Business Consulting 1994 - 1996Managed client relationship and staff of five that identified sourcing opportunities, presented and supported recommendations, facilitated implementation and monitored progress on 16-month project.• Achieved $1.9 million ($16k/ bed) in savings; developed and implemented related processes.• Identified $760k in potential savings (achieved $600k). Negotiated savings up to 35%.• Developed automated approach to identify receivables, eliminating the need for labor-intensive staffing and facilitating the identification of $2 million in uncaptured receivables. -
Financial Analyst - Acquisition Team (Internship)The Kraft Heinz Company May 1993 - Sep 1993Chicago, Il, UsIn 1992, Kraft General Foods International purchased Industrial Quesera Menorquina, Spain's largest producer of processed cheese and the largest employer on the island.Reported to Finance Director responsible for updating financial reporting to U.S. standards. Assisted in financial planning, prepared quarterly and annual budgets. Responsible for corporate reporting: converted financial statements to U.S. GAAP, forecasted net financial position to Philip Morris, prepared sales and cash forecasts.
Chris Scherer Skills
Chris Scherer Education Details
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Thunderbird School Of Global ManagementInternational Management -
EsadeMaster En Dirección Y Administración De Empresas -
University Of ArizonaMajor In Spanish -
University Of ArizonaMajor In General Business -
Academic Year In Spain, Seville, SpainStudy Abroad (Via The University Of Arizona) -
Amphitheater High SchoolCollege/University Preparatory And Advanced High School/Secondary Diploma Program
Frequently Asked Questions about Chris Scherer
What company does Chris Scherer work for?
Chris Scherer works for Cxo Accelerator
What is Chris Scherer's role at the current company?
Chris Scherer's current role is Business problems are people problems. We work with you to unlock the GENIUS of your people. Get FORTUNE 500 INSIGHTS, RIGHT-SIZED to your business..
What is Chris Scherer's email address?
Chris Scherer's email address is ch****@****ail.com
What is Chris Scherer's direct phone number?
Chris Scherer's direct phone number is +161695*****
What schools did Chris Scherer attend?
Chris Scherer attended Thunderbird School Of Global Management, Esade, University Of Arizona, University Of Arizona, Academic Year In Spain, Seville, Spain, Amphitheater High School.
What skills is Chris Scherer known for?
Chris Scherer has skills like Business Process Improvement, Strategy, Process Improvement, Management Consulting, Leadership, Management, Project Management, Cross Functional Team Leadership, Vendor Management, Change Management, Data Analysis, Business Intelligence.
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