Dr. MILTON M. WOOD
President and Chief Executive Officer
Global Strategy Consulting, Advisory Services & Executive Search since 1970
Milton Wood began his professional career in information systems consulting where he was recognized by Information Week as one of the top 50 IS consultants in the United States. Building upon this knowledge and experience, he founded M. Wood Company in 1970 with a focus on developing client solutions through a consultative approach. As a retained executive search and consulting firm, the company initially centered on IS planning and recruiting for technology related management positions. Later, Wood spearheaded the firm’s successful expansion into change leadership; affected by mergers & acquisitions, global interdependent strategies, electronic commerce, organizational & executive assessment and the development of cross-functional processes. The firm now performs consulting and executive search services globally through Wood’s partnership in AIMS International, the largest global executive search network in the world with locations in 50+ countries.
In developing M. Wood Company’s consultative approach to executive search, Wood has enabled the firm to become industry independent; assisting clients in any industry to better identify the true competitive needs of their organization. Also, through this consultative methodology, Wood has mastered the art of value based client relationships and has built selective deep relationships with industry leaders in healthcare, energy, technology, professional services and manufacturing to name a few. Wood and his Partners have personally made their deep understanding of business issues – both strategic and tactical – a core offering in every client relationship.
Wood’s contributions to the organization have resulted in the successful completion of the following searches over the last five years: 30 CEOs · 15 CFOs · 14 VP, Sales & Marketing ·11 VP, Manufacturing · 12 VP, Corporate Engineering · 35 CIO/CTOs plus multiple direct reports to these positions. His best practices have also contributed to M. Wood Company being recognized by Crain’s Chicago Business as one of the Top 7 Retained Search Firms in the U.S. Further examples of Wood’s scope and what he has delivered to clients include:
Senior Management (Director through C-level): Consulted with a $65 Billion leading healthcare giant in the areas of organizational assessment and design, change leadership, acquisition integration and executive search. In partnering with senior management within corporate and across its subsidiary organizations, Wood has conducted 50+ Director, VP and C-level searches for various functional areas along with 13 CEO searches and 12 consulting assignments. This strategic alliance Wood created exemplifies the true value of utilizing a consultative approach to the search process.
Board of Directors: Partnered with the Board of Directors of a publicly traded, $40 Billion healthcare industry leader to identify, assess and recruit Board talent. After a complete assessment of the organization, Wood guided the Board in determining challenges the new Board Members would be faced with including how to: maximize shareholder value, generate top line growth and increase brand recognition. Subsequently, Wood successfully brought in two Board Members with the battle scars necessary to meet these challenges.
Consulted with a $100B+ global financial services firm to transform the organization to a Pan-European culture from a “country-centric” model.
Consulted with a publicly traded U.S. company during its’ acquisition of a European manufacturer/distributor. Completed assessment of the newly acquired leadership team and successfully filled the search for a new CEO.
Partnered with global services leader to plan the process for a new shared services model. Subsequently, completed the searches for a CIO, Director of Vendor Management Office and President for the company’s captive offshore BPO in India.
Market Research, Media Buy & Advertising: Consulted with global service corporation, worked closely with CEO, Investors and Board on this game changing industry paradigm using advanced technology, patented I.P. delivering real time actionable analytics for brand management, social networking and services to corporations. Helped define and complete executive search for CAO/CFO with current experience in Lean operations and capital market and consumer products industry.
Privately held, $2.5 Nationwide Specialty Pharmacy Company: Consulted with owners, Board and senior officers on a growth strategy including leadership and organizational assessment, consideration on doing an IPO, evaluation of business, operations and technical infrastructure to support doubling corporation in three to five years. Help structure an executive succession planning process, which included the searches for a new world class Senior Vice President and Chief Information Officer, Corporate Information Security Officer and future technology and operational scalability. Currently working with executive team on game changing, disruptive technical enterprise patent care system and an acquisition integration strategy.
Global Cyber Data Consulting: Worked closely with five corporations on this very strategic risk management issue, educated executive teams on risk, selected and worked closely with world class cyber security firm to conduct a comprehensive data and information’s security audit. Helped develop a certified enterprise data security process which included patients, providers, vendors, pharma, etc. to significantly reduce data breaches and/or compromised patient information. This also acts a major risk management tool and a significant product differentiation in growing the business.
NYSE Energy Company (gas, coal, wind, smart grid): Worked closely with CEO and direct reports in assessing the strategic focus and talent of multiple SBU’s then recruiting exceptional executive talent in multiple areas to compete in the future. Example, Senior VP of Strategic Planning and Marketing, Corporate CIO, COO Wind SBU, COO Smart Grid operations, VP of Consumer Services and new product development. Challenges, help to change the culture from a staid regulatory mind set to an aggressive market leader.
Major Integrated Health Care Provider: Multiple hospital, own physician organization, home health care provider, payer insurance, major health care foundation. Consulted with the executive team in changing the health care business, revenue cycle issues and new regulatory mandates. Completed assessment of Information System department, including interviews with the senior leadership team, sold business case for new corporate CIO and development of current strategic Information Systems plan. I conducted the executive search for Senior VP CIO, changed reporting relationships to President (seat at the table) and Senior Director Business Intelligence. Helped innovate, sell business case for customer data warehouse.
Travel & Hospital Sector: Helped write the business plan, secured financing through consortium of the top six hotel brands in the world for go to market of a global web based META search engine. This new model lowered cost, increased higher consumer loyalty and experience with real time updates, concierge services lowered booking cost. Plus streamlined business operations, leveraged distribution, booking channel for brands competing with OTAS (on line travel agents). Worked closely with the Board of Directors to hire CEO, CMO, CTO, Head of Business Analytics and to help evaluate, negotiate and buy a global high volume META search engine company which quickened the business launch by one year.
Public Consumer Product Corporation Advisory Board: Worked closely with Board of Directors to develop a new strategic business plan, write a competency model and conduct an executive search for a new CEO, then completed searches for two division CEO’s, CFO, Corporate VP of Marketing and a Corporate CIO/CTO. As part of the new strategic plan, help identify, assess and close a new bolt on acquisition to help round out their product offering and facilitate a new global distribution channel.
Private Equity Owned International Higher Education Corporation (owns 100+ for profit colleges and universities): Consulted with senior leadership team on using an Oracle based methodology platform for a global common shared services and People Soft for a common ERP with Hyperion Software for financial planning and business intelligence, roll up and close. This $100M plus very complex initiative will significantly lower SG&A cost, provide information on student information that enables best practice globally. The processing will be executed on multiple global data centers and/or through the cloud.
The M. Wood Company has provided consulting and executive search to clients in 41 states and 15 foreign countries. The synergies of our strategic consulting and executive search practice has delivered exceptional value to our clients in Innovation, Best Practices, organizational assessment and world class talent that is not on the market. Our highly skilled partners consult with our clients and also acts as a significant risk management tool so neither clients nor the M. Wood Company make a wrong hiring decision.
Wood graduated from Dakota Wesleyan University and is/has been actively involved in a variety of professional organizations to include: Board Member – Chicagoland Chamber of Commerce; President – Commonwealth Club; Board of Director & Trustee – Lincoln College; where he earned an honorary doctorate of law degree in May 2007; Former President and Board Member – Westmoreland Country Club; Membership Committee – Economics Club of Chicago; Member – Society of Information Management; Partner – AIMS Interational; Senior Member – Union League Club; Board Member; Vice Chairman – Lincoln Museum; Board – Korean War National Museum; Advisory Board Member for 10 private and 5 public corporations. Member, Academy of Global Political Science.
Global Corporate Philosophy “If you try to run any corporation in any industry like you did five years ago, your business is not sustainable” Key question – are you bringing the customer what he wants or what he needs? Great corporations are willing to compete against themselves. If you don’t like change, you’re going to hate obsolescence. Are you running your company from a current, accurate data to information to executable knowledge? Great leaders want to be respected not just liked.