Remove 2004 Remove Marketing Remove Operations Remove Turnaround
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Great Corporate Strategies Thrive on the Right Amount of Tension

Harvard Business

An example of strategic burnout can be found at Lego around 2004. A turnaround subsequently lowered strategic stress to a productive level by discontinuing many of their seemingly unrelated projects, re-focusing on their core business, as well as streamlining operational processes that improved coordination activities.

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How to Pull Your Company Out of a Tailspin

Harvard Business

Free fall is a crisis of obsolescence and decline that can happen at any point in a company’s life cycle, but most often it affects maturing incumbents whose business model has come under competitive attack from insurgents or is no longer viable in a changing market. Other companies can do the same. Build a Re-Founding Team.

Company 28
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As Work Changes, Leadership Development Has to Keep Up

Harvard Business

employees, customers, free agents, communities we operate in) and so much more. Voser took a detour to be CFO for ABB from 2002 to 2004 and then returned to Shell to become CEO in 2009. Voser was impatient for a new experience which attracted him to ABB and there he learned a whole new level of turnaround leadership.