An industry that has historically generated strong market growth is showing the signs of maturing with slower growth and intense competition. Many companies are facing significant challenges and some even operational and financial distress. In response to performance-related problems and slower revenue growth, mergers and acquisitions have accelerated.
Because of stronger global competition, reduced demand, shortened product life cycles and increasingly complex supply chains, lower profitability has become a reality high tech companies must now face. In his fifteen-plus years of high tech executive management experience, Ken has turned around and led companies through improved operating efficiencies, reduced manufacturing and overhead costs, focused working capital management and industry-leading growth within a rapidly changing market environment. His capabilities include, but are not limited to, revenue growth (organically and through M&A), strategic product development, change management, lean operations, plant/sourcing rationalization, exit strategy/readiness and people/process management.