Scott Olmstead
National Technology and Green Economy Executive, Bank of America
The Chicago business community is on the cutting edge of innovation and fostering meaningful organizational change. Join Exec Club, Bank of America, and BDO on May 22, 2024 at the Transformation and Innovation Summit for impactful ideas, thought leadership, and insights from industry leaders who are driving effective organizational change through innovation in the Chicagoland area.
In a constantly evolving world, organizational transformation enables organizations to stay competitive, innovate, and effectively respond to disruptions. Successful transformation initiatives can lead to increased efficiency, employee engagement, and long-term sustainability.
As organizations ponder how to respond to disruption, several questions arise: What does effective organizational change look like? How can innovation play a role in successful organizational change? What tools are needed to foster a culture of innovation, flexibility, and resiliency?
National Technology and Green Economy Executive, Bank of America
Regional Executive of Commercial Banking, Bank of America
By leveraging technology effectively, companies can achieve significant organizational transformation and foster agility, resilience, and competitive advantage in today’s dynamic landscape.
Through digitalization, automation, and data analytics, businesses can streamline operations, enhance decision-making, and optimize their processes. Embracing emerging technologies empowers organizations to reimagine their business models and adapt to changing market demands.
What are the benefits of investing in tech? Will organizations be left behind if they don’t leverage technology to enact organizational change?
Principal- Data & AI, Labs, BDO USA
As organizations navigate evolving market dynamics, many are looking for new opportunities to engage employees on a deeper level.
An ESOP, or Employee Stock Ownership Plan, is a type of employee benefit plan that allows employees to become partial owners of the company they work for, fostering a culture of ownership and accountability.
At BDO, the launch of this purpose driven model has made it one of the largest ESOPs in the country. How can organizations of all sizes follow this model? Is this model the right fit for all businesses? What risks and opportunities does this model present?
Chief Operating Officer, BDO USA
Head of ESOP Advisory Services, BDO Capital Advisors, LLC
