Remove 2015 Remove Culture Remove Strategy Remove Turnaround
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Alvarez & Marsal Interviews and Culture

Management Consulted

This Firm Profile started as an email from Sean, asking if we could write on Alvarez & Marsal, “The Turnaround Guys”. The firm’s first turnaround client was the household brand, Timex Corporation. Turnaround and Restructuring. ALVAREZ & MARSAL CULTURE. ALVAREZ & MARSAL KEY STATS. Practice Areas. Tax Advisory.

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Seabury Group Interviews and Culture

Management Consulted

Founded in 1995 by former Bain consultants and headquartered in New York City, they focus on developing airline strategy and implementing major operational turnaround. SEABURY GROUP CULTURE. In fact, in terms of firms we profile, they are truly one of the new kids on the block.

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Getting Old, Getting Stagnant, and That’s Trouble

Martinka Consulting

The July 29, 2015 edition of the Wall Street Journal featured an article titled, “The Cost of Germany’s Graying Managers.” Given his age, family situation, and inattention to company culture the price he received was about half of what it would have been (had he acted earlier). Conclusion.

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Bad News: You Have to Grow to Pay Your Debt

Martinka Consulting

On May 4, 2015 a Wall Street Journal article discussed the Japanese company Suntory and its 2014 acquisition of Jim Beam. Sears was in the headlines because they are running out of cash as their turnaround is failing. Hitting that goal won’t be easy. The above two paragraphs make my point about where was the common sense.

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How Volvo Reinvented Itself Through Hiring

Harvard Business

Developing what we call an “M&A strategy for talent” is one way to overcome this. Volvo’s turnaround over the last decade offers a great example. But it’s also true for more traditional M&A, where CHROs are too often sidelined, rather than being central to driving strategy.

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Private Equity’s New Phase

Harvard Business

From 1996 to 2015, the number of publicly traded companies in the United States alone dropped nearly 50%. These buy outs shifted agency from owners to managers; “corporate raiders” worked with high-yield debt to fund these turnarounds. Leaders were driven by short-term profits and rapid action to flip the organization.

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

Harvard Business

Building alignment and commitment to the firm’s strategy (in particular, by emphasizing empathy as much as urgency). Selectively developing top team members to accomplish the strategy. He quickly recognized that he had to institute a new strategy and culture. Too many CEOs fall short of these skills.

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