article thumbnail

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. From there, the team began to create rules to determine when the company could add products and elements. Other companies can do the same.

Company 28
article thumbnail

The Decline of Yahoo in Its Own Words

Harvard Business

On Google’s earnings call for the first quarter of 2006 – more than a year before the iPhone was released and more than two years before the release of the first Android-operated smartphone – CEO Eric Schmidt went out of his way to talk about mobile. “Rather, Yahoo’s existing products didn’t work on mobile.”

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Your Organization Wastes Time. Here’s How to Fix It.

Harvard Business

Look closely, and you’ll find that most companies have stretched their brands and product portfolios to customers and markets in which they are undifferentiated and profits are weak. Consider the remarkable turnaround at Ford. .” Within business units, executives should eliminate any sources of profitless volume.

How To 36
article thumbnail

Reflecting on David Garvin’s Imprint on Management

Harvard Business

The articles — “Competing on the Eight Dimensions of Quality” (1987) and “What Does ‘Product Quality’ Really Mean?” Pair it with “The Hidden Traps in Decision Making” (2006), by John S. Hammond, Ralph L.