Remove 2001 Remove Culture Remove Operations Remove Turnaround
article thumbnail

Leaders Who Get Change Right Know How to Listen

Harvard Business

Take Anne Mulcahy, who stepped into the CEO role at Xerox in 2001, during a particularly tough time in the company’s history. What she learned informed her strategy for the turnaround, which she then communicated through a series of town halls, roundtables, and memos. “The response was overwhelming,” Mulcahy said.

article thumbnail

How Companies Escape the Traps of the Past

Harvard Business

And yet without Box 2, organizations don’t truly transform; they persist in limiting ways of operating. One effective way is to work on culture. Box 2 muscle requires a culture where honest Box 2 questions are encouraged. Make symbolic bets to remind people that the Box 2 culture is here to stay.

Company 28