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How Agile Teams Can Help Turnarounds Succeed

Harvard Business

It is most definitely not for big, old-line companies that are facing an existential crisis and require a full-scale turnaround. None of these conditions exists in extreme events such as natural disasters, terrorist attacks, major military battles — or large-scale business turnarounds. It’s for techies.

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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. 2015) #2 Top Restructuring Firm – The Deal Out-of-Court Restructuring League.

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Best Business Books 2015: Narratives

Strategy+Business

Some of this year's best business books are narratives that cover the divergent fortunes of three hot technology companies -- one that crashed to earth, one in the midst of a wrenching turnaround, and one that is soaring into the stratosphere.

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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.” Once stagnation hits it may not be a turnaround but it sure is a fixer-upper, and that is something all sellers need to avoid. Conclusion. The seller should have sold one-to-three years earlier.

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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. In fact, in terms of firms we profile, they are truly one of the new kids on the block. As far as the firm’s history, that’s about as in depth as it gets.

Groups 100
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GE’s Fall Has Been Accelerated by Two Problems. Most Other Big Companies Face Them, Too.

Harvard Business

GE’s fall accelerated on October 25, 2015, with activist hedge fund Trian announcing a $2.5 During the Immelt era, the dominant mode had been of strategy by way of mergers, acquisitions, and divestitures (MA&D), including most recently the disastrous merger of the GE oil and gas business with Baker Hughes in 2016.

Company 29
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Outsider CEOs Are on the Rise at the World’s Biggest Companies

Harvard Business

Outsiders, in effect, have become more of an intentional leadership choice than a stereotypical hire in a turnaround or crisis situation. Planned successions exclude mergers and acquisitions, as well as situations when CEOs are abruptly forced out.) That’s nearly double the rate from 2004 to 2007. one of the authors of the study.

Company 28