￼After my “retirement” from the work force I took on a number of different activities on what I would consider a volunteer basis. At the Union League Club of Chicago I was heavily involved with the EducationSub-Committee of the Public Affairs Committee. The project was to develop a turn-around plan for Medill School and involved creating a Balanced Scorecard to help implement strategy. I also served as a Real Men Read volunteer for 5th and 6th graders.
Next I served as an Adjunct Professor in the Mathematics Department of the City Colleges of Chicago Harold Washington campus where I taught the course on Statistics to students not on the Science/Technology/Engineering/Mathematics (STEM) track. To make the subject engaging to this group was a good challenge that involved research, writing, and group presentations and not just memorizing formulae.
At the present time I am able to fulfill my life-long dream to be a bicycle mechanic. Unable to use dangerous chemicals in my condo’s garage, I volunteered at Working Bikes, a 501(3)c organization that recycles old or abandoned bicycles and sends them to countries where having a bicycle can make a big difference in the lives of their owners.
Here’s a short summary of my professional experience and background.
2007 – 2013 Blumenthal-Hart Ltd. Chicago, IL
- Consults with hedge funds and private investors about the education textbook industry and electronic books.
- Implements Balanced Scorecard Strategy Map for strategic planning.
- Consults on wide range of projects dealing with strategy, growth targets, forecasting, and education.
- Designs, develops, and maintains technology infrastructure to ensure leading edge capabilities and high levels of operational efficiency.
1992 – 2007 Follett Corporation River Grove, IL
Follett Corporation is a privately held company in the educational services industry. With annual sales in excess of $2 billion, Follett manages over 700 college bookstores and distributes books and materials to schools and libraries.
Director of Strategy and Research
- Acted as a consultant on a wide variety of studies involving economics, statistical concepts, risk and uncertainty, benchmarking, and simulation modeling.
- Prepared Strategic Plan for enterprise and managed the process that includes setting of revenue and economic profitability targets in a newly revamped Strategy & Business Development Department.
- Performed econometric analyses of sales and profitability for individual operating companies and help refine their forecasting abilities.
- Established a Balanced Scorecard process and implemented a web based reporting system
Corporate Director for Technology Development
• Created a strategic plan for a newly formed Corporate Technology Group.
• Developed strategies for digital content delivery and identified opportunities for new business ventures in this emerging technology area.
• Authored a weekly report on new technologies, eBooks, research, Internet commerce, and other timely issues related to Follett Corporation’s overall business mission in education and distributed it over the intranet.
Corporate Director – Strategic Planning and Information Systems
- Recruited by the Chairman of the Board to establish a formal corporate planning activity and to create an electronic network allowing divisions to communicate with each other and their customers.
- Established a yearly planning cycle for comprehensive strategic planning and developed planning guides for all divisions. Worked with and modified the system over several years.
- Designed and managed the installation of a wide area network that connected Follett to the Internet in 1993, years before it became attractive commercially.
- Worked with the Corporate Director of Business Development to create business strategies and plans for several business opportunities.
- Played an integral role in bringing one project to conclusion, creating an outsourcing service to public and government libraries now the largest such service provider in the field today.
- Represented Follett on numerous industry committees:
- Board of Directors and Treasurer Book Industry Study Group,
- Chairman of the Book Industry Systems Advisory Committee,
- National Information Standards Organization, and
- Uniform Code council.
Co-Director – Unified Software Project
- Asked by the Chief Executive Officer of the Corporation to study and develop a recommendation for Point of Sale technology investment for two divisions.
- Developed a comprehensive list of requirements and tested the list with internal potential user groups. Hired a market research firm to hold focus groups with college bookstores to test feasibility of system outside of Follett.
- Performed extensive cost-benefit analysis for a range of project alternatives and negotiated a license for a core register and back office system.
- Authored a popular, widely distributed pamphlet on retail product marking standards in the college store.
1985 – 1992 Follett Campus Resources Chicago, IL
Director – Planning and Development
- Hired by the Division President to implement and expand upon a number of recommendations to improve their market share in the face of new competition and technology advances.
- Established the first comprehensive planning function within the division. Redesigned the business unit budgeting system to reflect responsibility accounting.
- Created, hired, and managed the division controller and internal programming staff. Installed local area network to support warehouse operations.
1978 – 1985 The Jeffrey Corporation Deerfield, IL
Operated a consulting practice specializing in business turn-around strategies, loan workout programs, process re-engineering, activity based costing, and startup business development.
1969 – 1978 Planmetrics, Inc. Chicago, IL
Vice President – Forecasting Division
One of the original principals in this firm that provided consulting and software development services to businesses. Headed the utility rates and economics practice.
1965 – 1969 Sylvania / GT&E Mountain View, CA
Sr. Research Engineer
Analyzed military communications and weapons systems vulnerability to electronic threats. Most project were classified as Top Secret.
1968 Bolt Baranek & Newman Cambridge, MA
On the recommendation of myadvisor at Stanford, i took leave of absence from Sylvania / GT&E to work at BBN as part of my Engineer’s thesis. Worked on a timesharing service and the ARPANET project that later became the Internet.
2011- 2013 City Colleges of Chicago, Harold Washington College Chicago, IL
Adjunct Professor in the Mathematics Department teaching Statistics.
1984 – 1986 Lake Forest Graduate School of Mgt. Lake Forest, IL
Taught courses on Strategic Planning and Quantitative Methods; created Custom Anthology for Strategic Planning course.
1979 – 1982 Northwestern University Evanston, IL
Adjunct Faculty, J. L. Kellogg Graduate School of Management, Managerial Economics and Decision Sciences Department where he taught a course on simulation models in business and economics. Authored text for course.
- Engineer, Engineering-Economic Systems (1969) Stanford University, CA
- Master of Science, Electrical Engineering (1964) Stanford University, CA
- Certificate of Advanced Engineering Study (1995) Cornell University, Ithaca, NY
- Bachelor of Engineering Physics (1963) Cornell University, Ithaca, NY
Activities (Past and present)
- Economic Club of Chicago
- The Union League Club of Chicago
- National Association for Business Economics
- Co-Founder of the NABE/CPS Economics After School Club
- Chicago Principal for a Day
- Member of the Medill School Turnaround Project
- MENtor in Real Men Read Project
- Former Trustee, Village of Deerfield, Illinois
- Former Chairman, Deerfield CATV Committee
- Board of Directors and Treasurer of the Book Industry Study Group
- Chairman of the Book Industry Systems Advisory Committee