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How to Pull Your Company Out of a Tailspin

Harvard Business

After studying and working with hundreds of companies in free fall, we’ve identified concrete steps that leadership teams can take to engineer successful turnarounds and transformations. First, you need to inject new energy into a tired organization under stress. Build a Re-Founding Team. By 1993 the company had $1.3

Company 28
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Outsider CEOs Are on the Rise at the World’s Biggest Companies

Harvard Business

That’s nearly double the rate from 2004 to 2007. Outsiders, in effect, have become more of an intentional leadership choice than a stereotypical hire in a turnaround or crisis situation. Other industries with relatively high rates of outsider CEO hires include health care, utilities, and energy.

Company 28