{"id":187,"date":"2016-05-11T00:46:02","date_gmt":"2016-05-11T00:46:02","guid":{"rendered":"http:\/\/madebystudio313.com.au\/clients\/limegroupwp\/?p=187"},"modified":"2017-11-10T08:23:06","modified_gmt":"2017-11-09T22:23:06","slug":"leading-the-transformation-helping-a-finance-firm-shift-from-a-boutique-bank-to-a-top-tier-player","status":"publish","type":"post","link":"https:\/\/thelimegroup.com\/wordpress\/leading-the-transformation-helping-a-finance-firm-shift-from-a-boutique-bank-to-a-top-tier-player\/","title":{"rendered":"Leading the transformation: helping a finance firm shift from a boutique bank to a top-tier player"},"content":{"rendered":"

\"\"<\/a>After years of placing among the \u201cbest of boutique investment banks\u201d, a finance company was ready to rebrand themselves as a serious player in the investment banking market.\u00a0 Meanwhile, the Board was turning up the pressure for increased profitability during a difficult time in the market.\u00a0 This company needed to find their identity and learn how to make their company function at the highest level.\u00a0 The management team habitually failed to step up to the plate and \u201cmanage\u201d – let alone drive business performance – leaving much of the managing and decision making to the CEO.\u00a0 From a cultural standpoint, there had been significant turnover over an extended period, creating instability, and a lack of intentional leadership had resulted in a low trust, high fear and relatively disabled environment.\u00a0 Communications were spread through rumor rather than well thought out messages.\u00a0 The Firm needed to transform their brand, business and culture and the management team needed to lead this transformation with passion, but were not yet well-equipped.<\/p>\n

 <\/p>\n

THE CALL TO ACTION: GET THE LEADERS OF THE FIRM ALIGNED AND A CLEAR VISION COMMUNICATED<\/strong>
\nThe extended leadership of the Firm needed to get a shared understanding of the reality of the Firm\u2019s situation.\u00a0 Once they were clear on this, they were going to need a robust leadership operating system from which to build in some key organizational capabilities that were poor or absent, including a step change improvement in their Firm-wide communication.\u00a0 At the same time as putting the structure in place, a significant shift of critical operating norms was needed to accelerate performance and client delivery.\u00a0 Finally, the leaders had to receive specific attention to learn critical leadership skills to drive the firm to the next level of maturity.<\/p>\n


\nOUR CONTRIBUTION OVER 6 MONTHS<\/strong><\/p>\n

(click on image to enlarge)
\n\"\"<\/a><\/p>\n

RE-ENERGIZING THE FIRM TO DRIVE TRANSORMATION<\/strong>
\nThere were high stakes associated with the transformation, with strong support by the CEO and a watching brief from the Board in terms of heightened financial results.\u00a0 Individual feedback and business improvements resulting from the leadership team\u2019s development effort were positive.\u00a0 The Firm\u2019s employees embraced the structured means of meeting and communicating since it allowed them faster and regular access to important information, and better connection not only with their immediate manager but with the leadership, and vision, of the Firm.\u00a0 A new level of behaviors became apparent within the leadership team, with more honest and co-operative approaches to issues.\u00a0 Revenue-generating managers started to take full accountability for their businesses, and focused on motivating their people towards improved performance.<\/p>\n","protected":false},"excerpt":{"rendered":"

After years of placing among the \u201cbest of boutique investment banks\u201d, a …<\/p>\n","protected":false},"author":2,"featured_media":392,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","footnotes":""},"categories":[2],"tags":[],"class_list":["post-187","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-case-studies","pmpro-has-access"],"acf":[],"_links":{"self":[{"href":"https:\/\/thelimegroup.com\/wordpress\/wp-json\/wp\/v2\/posts\/187","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thelimegroup.com\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thelimegroup.com\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thelimegroup.com\/wordpress\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thelimegroup.com\/wordpress\/wp-json\/wp\/v2\/comments?post=187"}],"version-history":[{"count":15,"href":"https:\/\/thelimegroup.com\/wordpress\/wp-json\/wp\/v2\/posts\/187\/revisions"}],"predecessor-version":[{"id":1203,"href":"https:\/\/thelimegroup.com\/wordpress\/wp-json\/wp\/v2\/posts\/187\/revisions\/1203"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thelimegroup.com\/wordpress\/wp-json\/wp\/v2\/media\/392"}],"wp:attachment":[{"href":"https:\/\/thelimegroup.com\/wordpress\/wp-json\/wp\/v2\/media?parent=187"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thelimegroup.com\/wordpress\/wp-json\/wp\/v2\/categories?post=187"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thelimegroup.com\/wordpress\/wp-json\/wp\/v2\/tags?post=187"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}