HYATT REGENCY O’HARE, 9300 Bryn Mawr Avenue, Rosemont, IL 60018
Thursday, September 28th, 2017
Join Sikich and forward-thinking executives in person on Thursday, September 28th as our experts share cutting-edge strategies for driving growth, mitigating risk and improving decision-making in 2017 and beyond.
This event kicks off at 9:00am with a vision keynote by Joe Mechlinski, best-selling author of Grow Regardless, followed by a full day of presentations from noted experts in technology, operations, and finance. If professional development, process innovation, and digital transformation are important to you and your company, this may be the most productive event you attend this year.
Growing Globally: Structure, Culture and Execution Considerations for Success
Rick Herbst / Elena Mossina+ Read the description
Keeping Compensation Competitive at a Fast-Growing Company
Joy Duce+ Read the description
The 4th Industrial Revolution: Digital Transformation
Debbie Altham+ Read the description
Top 5 State Tax Issues for Growing Businesses
Brian Kelley+ Read the description
People, Places and Things: How Manufacturers are Enhancing Efficiency
Gregg Hague / Jason Tuma / Mike Fenske+ Read the description
Business Analytics – State of the Possible
John Kleb / Lyndy Januszewski+ Read the description
Maximizing Business Value in Alignment with a Merger, Acquisition, Succession or Sale Objective
Ray Lampner / Louis Sands+ Read the description
Hidden in Plain Sight: Fraud and Data Security Concerns in a Growing Company
Mary O’Connor+ Read the description
You are Being Attacked – How to Tell Your Shareholders, Staff and the Public in the Wake of a Security Breach
Mark Shelhart / Kara Hamstra+ Read the description
Joe Mechlinski is a community advocate, speaker, entrepreneur, and best selling author. His debute book, Grow Regardless, became an instant New York Times, USA Today, Amazon.com, and Barnes&Noble.com best- seller.READ MORE
HYATT REGENCY O’HARE
9300 Bryn Mawr Avenue,
Rosemont, IL 60018
A note on the hotels:
Sikich has a hotel room block across the street from the Hyatt Regency Conference Center at the Crowne Plaza O’Hare. This is the official hotel of the Sikich Business Transformation Conference. Representatives from the Crowne Plaza and Hyatt Regency will not proactively contact you. If you are contacted by someone claiming to be a hotel or conference representative, we advise you to disregard the call or email.
Parking is available for Valet and Self park at the Hyatt Regency O’Hare. Valet is $39 for the day and self-park is $15 dollars. Shuttles to and from O’hare to the conference center are free of charge. More information on parking & transportation can be found here: https://ohare.regency.hyatt.com/en/hotel/our-hotel/parking.html
Why Is Business Transformation Important to Me?
Today’s companies are finding themselves in challenging times. Organizations are more diverse, interconnected and a lot less predictable. Yet many businesses are sticking with the status quo, how things have always been done. These outdated strategies were meant for more stable times, maximizing on short-term success instead of long-term organization. The Harvard Business Review reports that, “Public companies have a one in three chance of being delisted in the next five years, whether because of bankruptcy, liquidation, M&A, or other causes.” Another study predicts that 75% of the S&P 500 will turn over within 15 years. Software is King. Procedures are outdated. Executives are noticing and realizing they need to respond.
What does this all mean and where do we go from here? Business Transformation is the corporate hot word this year and for good reason. Transformation can save your business from being a part of the statistic. There are three main areas of Transformation to look at: Internal Operation, Product, & Strategic Transformation.
Internal Operation has to do with what you are doing now, but doing it better, faster and cheaper.
This usually refers to internal processes and procedures. An example could be adding an Unlimited Paid Time Off Program to attract new talent or changing an inefficient process in your warehouse to save on time. Most companies that find themselves in the midst of a Digital Transformation can find themselves in this category of change as they are discovering and implementing new technology to help replace an outdated process or platform. Is this a necessary change? Yes. Is it enough? Probably not.
Product Transformation is taking a part of your business and expanding upon it.
Usually this type of Transformation involves fundamentally changing what type of output you give to your clients. Find a weakness in your competitive market and solve it. Netflix saw the need for on demand content. Sikich saw the need for accountants to better understand their up and coming digital revolution with Enterprise Resource Planning software. UPS can now ship a package in less than 24 hours. By transforming that one area of your business while also holding on to your core competencies is a huge advantage – not only keeping your head above water, but creating new revenue streams as well.
Your largest leap will happen in Strategic Transformation.
This is the Googles, Amazon’s & Apple’s of the world. Companies that have shifted gears completely to reinvigorate company growth. From a search engine to creating Driverless Cars, an e-commerce platform to cloud computing, computers to consumer gadgets. High risk in this category means a very high reward, but also dangerous consequences. Good leaders will come out as dependable and powerful. Leaders with poor execution will hear the often complaints of customers and employees saying I told you so.
Word for the wise – do not take these leaps at different times. Having a dual action approach is a key to success. Harvard Business Reviews Two Routes to Resilience explains it best. While one part of your business is Transforming the output of your product or solution, another part needs to be working in tandem to support the Transformation of your internal processes. Finance and IT need to get along & Leadership must be supportive in times of often-tumultuous change.
It is time to Analyze, take Risks and Grow your business to its full potential.
Join Sikich and forward-thinking executives on Thursday, September 28th for the Sikich Business transformation Conference. Our experts will share cutting-edge strategies for driving growth, mitigating risk and improving decision-making in 2017 and beyond. This event kicks off with a visionary keynote by Joe Mechlinski, best-selling author of Grow Regardless, followed by a full day of presentations from noteworthy experts in technology, operations, and finance.