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– BERKSHIRE MORTGAGE FINANCE,
A FANNIE MAE LENDING COMPANY
The Challenge: In a sector becoming
ever more competitive, larger financial institutions threaten
to dominate Berkshire Mortgage Finance and other medium-sized
providers. BMF needs to execute a growth plan by acquiring and
melding together the corporate cultures of two companies with
its own culture in a manner that builds one successful company.
The Process: Sarkady began working
with top management in 1999 to transform the company’s strategic
planning and simultaneously accomplish cultural change. By working
together on shared goals, three executive teams became one. As
the strategic plan evolved, management’s definition of success
evolved. The new goal was to become one of the top two or three
companies specializing in Fannie Mae multi-family lending.
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