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Case Study: Can You Fix a Toxic Culture Without Firing People?

Harvard Business

As CFO, Noelle was, of course, concerned about the numbers. FB Holdings had made it through the financial crisis of 2008 without losing money—but the climate control systems divisions, a Tier 1 automotive supplier, had not fared as well. But after spending time in Little Rock, she worried they might be facing a bigger problem.

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How to Get on the Shortlist for the C-Suite

Harvard Business

Turnaround leaders pick up the pieces and make things right when a business or function is failing to perform. One chief strategy officer I met got the job after bringing his company back from the brink with a number of savvy strategic alliances, essentially turning it around after the 2008 recession. Broad Support. CEO Chemistry.

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The Mistakes PE Firms Make When They Pick CEOs for Portfolio Companies

Harvard Business

With the firm’s once-rapid growth having slowed to a crawl, the PE company decided the best course was to sell the firm. From 2008 to 2015 SCA’s revenue rose 88% (from $690 million to $1.3 The PE firm tried for six months to get the CEO to become more of a systems thinker and a real leader, but he resisted.

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Reflecting on David Garvin’s Imprint on Management

Harvard Business

He doesn’t neglect the softer side of the topic (providing time for reflection, opening up boundaries), but they’re not the main course. ” (2008), it seems to me, is that it serves as an assessment tool that allows managers and executives to benchmark their organizations against other units and companies.

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Iceland Ponders Radical Money Plan Including Elimination of Fractional Reserve Lending and Deposit Insurance

MishTalk

Of course, banks offering the highest yields on deposits need to take the highest risks to be able to pay that interest. The report, commissioned by the premier, is aimed at putting an end to a monetary system in place through a slew of financial crises, including the latest one in 2008.