The Transition from a Major Commercial Bank to a Privately Held Financial Services Firm

Diane Swonk

Business Economics, 2013, vol. 48, issue 2, 134-139

Abstract: After 19 years in a major commercial bank, complete with mergers and restructuring, the move to a much smaller financial services company was a culture shock—in a good way. This paper describes the transition and how the author addressed the challenges that followed, especially the 2007–09 financial crisis and how she functioned to add value to the services offered to clients by Mesirow Financial. It emphasizes the importance of becoming known, establishing professional networks, and reacting quickly in a fast-changing economic environment.

Date: 2013
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