Gary McGaghey
Gary McGaghey is a private equity specialist and has chosen to spend his free time leading a team of specialists that help companies, large and small, improve their financial performance. Gary shares some successful strategies for improving your company’s financial performance without taking on any additional levels of risk.
- Making Choices That Inform the Strategy Process
Gary notes that the first step to developing a successful strategy is establishing an accurate assessment of the company’s current state. This information can be used to make informed choices about how much needs to change and how fast that change needs to happen.
- Leading the execution of the Strategy
Gary McGaghey says that to create and lead an effective team, one must develop, motivate and manage people with complementary skill sets. He also states that teams that work together daily are more effective than teams put together for just one specific project. Once the strategy has been laid out, company leaders need to assume primary responsibility for the successful execution of the system. Part of this responsibility is to create a culture in which employees can be relied upon to achieve goals set by management.
- About Gary McGaghey
Gary McGaghey has over 20 years of experience in corporate and financial restructuring, domestically and in Europe. As the CFO, he has also held leadership roles in developing lean manufacturing principles and has successfully implemented them at companies in the machinery and transportation industries. Gary serves as Financial Advisor for numerous private equity strategies, IPOs and high-yield bond financings.
Gary McGaghey’s insights have provided information regarding the role of a CFO and how that role can be accomplished in the modern business environment. The importance of a CFO as an advisor to management on various company issues and opportunities. The need for companies to make decisions by clearly understanding their financial position before making investment decisions. Find out more business insights from Gary McGaghey on Medium