Remove 2004 Remove Marketing Remove Productivity 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

Similar to the advance of “standardized process” in the early 20th century, digital is not just the new product to offer our customers (e.g., Voser took a detour to be CFO for ABB from 2002 to 2004 and then returned to Shell to become CEO in 2009. In his own words, “it was a truly formative experience.”