Malcolm A. Reid
Pikesville, MD 21208
Home: 410-***-**** abmr5s@r.postjobfree.com Cell: 443-***-****
MANAGEMENT CAREER PROFILE
A bottom-line driven manager supported by progressively responsible
experience throughout an 18 year sales and management career.
. Combine strong industry knowledge and business leadership skills to
consistently manage day-to-day operations, lead high-performance,
motivate teams, and implement efficient processes.
. Advanced presentation and relationship development abilities, with track
record of generating business growth and engineering red-to-black profit
turnarounds.
. Respected for wide range of industry knowledge, solid sense of integrity,
and demonstrated passion as a whole.
. Critical thinker and adept negotiator who implements revenue-enhancing
opportunities.
Core Knowledge & Skill Areas:
Customer Relationships Solution Selling Strategies Full Dealer Operations
Contract Negotiations Exponential Sales Growth Service
Strategies/Solutions
Systemic Business Niche Market Development Process
Practices Redesign/Streamlining
Sales and Profit Team Training & Mentoring Regulatory Compliance
Expansion F&I Management & Bank Issues
Dealing with Difficult Relations Advanced Internet Sales
People Opportunities
Career Highlights
Leadership - Changed culture and increased net-profits at numerous
dealerships. Reversed net losses through development of sales systems,
F&I, training and budget analysis.
Team Building - Recruited sales and management team noted for integrity and
competency with minimal turnover rate. Demonstrated and loyal team
following wherever I go.
Entrepreneur/Innovator - Built new financial services company (American
Fair Credit Association, 1993), on time and within budget, starting new
business from scratch with sales reaching $6,000,000 in 1995 and growing
from 1 to 172 offices nationwide.
Negotiator - Doubled sales by creating non-confrontational selling approach
which resulted in 150% increase in profit and the best customer
satisfaction in company history.
Customer Service/Customer Relations - Drove aftermarket sales 30% by
focusing on new goals of quality, and by establishing solid customer
relationships and value. Introduced program to increase repeat and
referral business from establish customer base.
professional Experience
Antwerpen hyundai, Baltimore, MD 2009
General Sales Manager
. Improved organizational change management by providing training programs,
improving recruiting, and implementing selling systems.
Malcolm A. Reid Page Two
. Introduced timed systemic, non confrontational process that allowed for
speedy sales transactions tailored to increase dealer profits as well as
customer needs.
. Drove management process and planning by introduction of sales forecast
system. Instrumental in establishing formal dealer policies, job
descriptions, pay scale, and annual written performance reviews. Full
responsibility for 5 Direct Reports and 25 Indirect.
. Doubled sales by introduction of preferred selling methods, transition to
the business office and accountability through performance evaluations.
. Increased net profit by 250% over prior 2 years through inventory
management, sales systems, F&I processes, delivery, budget management and
training.
. Introduced targeted marketing campaigns, which decreased marketing cost
while increasing sales and net profits.
. Changed sales force to payment and value instead of sales price, reducing
unnecessary discounts.
Toyota of bowie, Bowie, MD 2001 - 2008
General Sales Manager
. Reversed prior history of underperforming by overseeing all aspects of
sales, F&I, marketing, budgets, recruiting, training, internet and bank
relationships.
. Exceeded expectations in sales and service objectives through an
uncompromising focus on customer needs and relationship building.
. Reorganized operations by recruiting top management, motivated sales
force and installing state of the art CRM management system. Full sales
staff responsibility; 14 Direct Reports and 66 Indirect.
. Set Toyota record for sales with six (6) consecutive 1st place finishes
in region (2005-2006).
. Credited with a 125% increase in sales by implementing and developing
sales and training processes.
. Sustained cost-effective operations and positive revenue results by
constantly employing cost vs. profit analysis in all decisions.
. Fostered optimum staff performance despite challenging work
environment/deadline commitments by cultivating well-motivated, focused
staff committed to overall team success.
. Pioneered and developed the industries first ever "Radio" interview
format by becoming a part of "The Morning Show" on 4 radio stations thus
creating a steady stream of "trusting" buyers. This resulted in a
complete dominance of local radio, a 30% increase in sales and a 40%
decrease in cost per sale.
Len Stoler Nissan 2004 - 2005
General Sales Manager, Owings Mills, MD
. Recruited by Dealer Principle to develop a detailed business plan to
change the culture and productivity of a historically under-performing
dealership.
. Directed several crucial areas of operations including sales, F&I,
wholesale, marketing, training and bank relations.
. Delivered a 210% increase in net profits by implementing processes that
increased efficiency and insured accountability.
. Decreased operations and marketing cost by focusing on training and
turning current customer base into repeat buyers.
. Devised a pricing strategy that improved competitive position and
increased profit margins.
. Set the benchmark for productivity by breaking all company performance
records for sales, F&I and profit. Enjoyed a 180% increase over prior
company performance record.
Other positions held - President, American Fair Credit Association,
Baltimore, Maryland, 1993-1999; Recovery Manager, Creditrust Corporation,
1999-2001, Baltimore, MD; Collection Manager, National Bureau of Credit,
Alacrity & FCA, Maryland 1989-1993.
Malcolm A. Reid Page three
Specialized training
Advanced Call Management Organizational Planning Small Business Management
Budgeting & Forecasting Efficiency Reviews Advertising & Marketing
Profitability Improvement Human Behavior & Diversity in Planning & Conducting
Systems Organizations Management Audits
Principles of Accounting Business Math Team Building
education
NRI Paralegal School, Certified Paralegal, Washington, DC, 1991
PUBLICATIONS AND PRESENTATIONS
. Keynote Speaker at Regional & National Business Conventions, American
Fair Credit Association, 1993-1999.
. Conducted useful trainings and workshops teaching practical business
solutions to experience growth in any market conditions, American Fair
Credit Association, 1993-1999, Radio One, 2006-2008, 5linx 2009.
. Successfully motivated youth to make an impact as our future leaders,
Milford Mill Academy, 2010.
. Publisher of R&R Financial Services Guide, 2000, Author of soon to be
released book entitled "Excuses End Now."
HONORS AND ACHIEVMENTS
. New Rising Star Award, 5linx Enterprises, 2008
. Top New Business Leader, WPGC 95.5, 2005
. Top Performing Toyota Dealer (6 consecutive months - Toyota
record),Toyota of Bowie, 2005
. Top Performing Dealer in Organization (out of 15 Stores), Len Stoler
Nissan, 2004
. F&I Presidents Club Award Winner, Toyota of Bowie, 2002
. Trackers Club Award Winner, Toyota of Bowie, 2001
. No Complaints Award (given by the Better Business Bureau) American Fair
Credit Association, 1993-1999
. Most Profitable Office Award Winner, American Collectors Association,
1989