Credentials and Results.
Rand is a semi-retired, multi-international senior business leader serving in multiple CEO and President positions, currently:
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- Advising multi-generational, privately owned, family businesses on problem solving, profitable business growth, leadership, and Board performance improvement(s)
- And assists privately owned family businesses select and recruit CEO's and independent Directors for Board engagement.
With more than forty years of board room experience and senior C-suite leadership, McNally's priority is assisting great teams, leaders, and owners produce meaningful and sustainable results increasing enterprise value.
- A Servant Leader, McNally is the retired Chair of a Wisconsin based Vistage group of 20 CEO’s known as the “Leadership Exchange,” one of the highest performing and rated groups in the worldwide organization of more than +20,000 CEO’s. He has been active with TEC/Vistage since 1993.
- He is an accomplished speaker on both Leadership as well as Tools for Success.
- During Rand’s career, his teams have produced +$1.5B in incremental EBITDA.
- McNally has participated in +700 Board meetings, chairing more than half.
- He has led more than 30 acquisitions.
Rand and Carol have been together for +50 years and his best friends continue to be his highly successful Sons, Sean and Seth, and their respective families!
Rand, is both a “business builder,” and an “accomplished fixer." He is proud of his international business experience working in more than 35 countries serving:
- Caterpillar, both the parent company as well as a dealer turn around.
- Clarke, a division of McGraw Edison.
- Graco, (commercial cleaning equipment).
- Cleaver-Brooks (the world largest commercial and industrial boiler manufacturer) and Industrial Combustion, both Divisions of Aqua Chem owned by Lyonnaise des Eaux.
- Outboard Marine Corporation.
- Hayes Performance (braking and bicycle systems).
- Three Private Equity (PE) groups – Whitney, Greenway Partners and Nautic Partners.
His business philosophy is simple: Protect the assets, grow the skill and talent in people and improve the critical financial metrics all resulting in the enhancement of enterprise value.
McNally is known for his healthy impatience, the quest for continuous improvement, leadership development and the practice of lean business disciplines. His teams have led dozens of projects in organizational and operational design, process and productivity enhancement and information systems improvements. Rand’s operating doctrine centers on:
- the “Rule of Three”
- ingraining the practice of understanding individual “R.A.A.”
- responsibility – authority - accountability
- integrating “Stop–Start–Continue” in relationship building.
- using “One Page” strategic and tactical plans.
Rand currently serves as an Independent Director for:
- Husco International (Privately owned, International Hydraulic Valve Manufacturer).
- And as an Operating Partner for Hampton Roads, a Mequon, WI based family office.
He previously served on the Boards of:
- Plymouth Tube
- Charter Manufacturing Company
- Netshape Technologies
- American Society of Safety Professionals
- Triton Trailers
- Hayes Performance
- HUI
- Cleaver-Brooks de Mexico
- Mechanical Industries
- American Boiler Manufacturers Association.
Rand's Board experience includes multiple Lead Director roles as well as serving and Chairing Audit, Compensation and Governance committees.
Learn More About McNally:
- McNally is a man of faith who values Integrity, Loyalty & Honesty (even when it hurts). He is a strong believer in saying what you mean and meaning what you say! And never, ever compromise your word or your faith!
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Direct report alumni include more than 50 active and retired CEO’s, Presidents, and CFO’s.
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McNally has also served as a Formal Mentor to senior physician leaders at the Froedtert Medical Center and Medical College of Wisconsin.
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Rand is one of the Founders and a Principal of Hurd/McNally, a specialized, Board of Director Executive Search business focused on Privately owned, family businesses with sales revenue from $100MM to $5B.
Rand’s personal interests include bird hunting (upland and waterfowl) from Argentina to Canada and all points between, training bird hunting dogs (his kennel has Labrador Retrievers and Brittanies), playing golf with his family (a high handicapper who is regularly beaten by his wife and always by his sons), riding his Harley-Davidson motorcycles and Polaris Off Road vehicles. Carol and Rand are current members of Ozaukee Country Club in Mequon, WI as well as Desert Mountain in Scottsdale, AZ.
Increase Enterprise Value.
Based on more than forty years of board room experience and senior C-suite leadership, McNally's priority is on assisting great teams, leaders and owners to produce meaningful and sustainable results to increase enterprise value.
More productive Board Rooms, Advisors/Director and Senior Leaders
For private, for profit, quite often family, ownership as well as not for profit groups. Recommending structure and governance improvements in a loyal, trusted and respectful manner. Target and recruit appropriate Directors/Advisors for specific business cultures. McNally also provides experienced interim Board service and resources.
Experienced Business Triage Resource.
Trusted advice and counsel, immediate action, and predictable results for Ownership and C-Suite leaders in challenging situations.
McNally’s Operating Philosophy
1. Healthy Impatience...
- Never Hesitate
- Execute Quickly
2. Stop the Noise to fully understand...
- Be quiet & respectful
- Be specific and clear
- Listen More
3. Eliminate Friction, Fear & Negativity
4. Simplify the Complex and Refocus
- Simple/Simple/Simple
5. Discipline to Established Process...
- Follow the Rules
- Flex only to Improve the Process
- Policies/Procedure/Processes/Practices
- Follow all the "P's" ...all 33!
6. Embrace Completed Staff Work
7. Each to have a:
- Continuous Improvement Plan (CIP)
- Performance Improvement Plan (PIP)
- Career Development Plan (CDP)
8. Seek the Truth and Understand the Facts!
- Kill The Rumors
9. No Suprises
- Make it Happen
10. Keep your Promises, Committments, and Agreements
- "Your Word!"
11. Trust and Respect are earned through Action and Performance
12. Advance Countermeasure planning is required for success
13.Embrace Your Organizational Responsibility, Accountability and Authority
- What’s your (“RAA”)?
14. Always Express Appreciation for Desired Results
- Thank You
