Harvard Business
JULY 2, 2018
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.
Harvard Business
OCTOBER 17, 2016
What she learned informed her strategy for the turnaround, which she then communicated through a series of town halls, roundtables, and memos. ” And she restored the company’s profitability — the turnaround was a success. “The response was overwhelming,” Mulcahy said. “Defection slowed to a trickle.
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Harvard Business
OCTOBER 24, 2016
The pattern is clear, and diligent leaders often devote countless resources to planning out the perfect change management initiative. One client of ours realized early in the process of leading the turnaround of a flailing division that her impatience was making performance worse and weakening confidence in the future.
Harvard Business
MARCH 12, 2018
But when some CEOs in this position look at the people they employ, they discover a problem: a swath of their existing team doesn’t have the necessary skills or metabolism for change to meet the new challenges. Volvo’s turnaround over the last decade offers a great example.
Harvard Business
MARCH 13, 2017
While the former approach is friendlier from a change management perspective, we usually find that it leads to only incremental change. These factors are often more behavioral — how the management team makes decisions, for example. Consider the remarkable turnaround at Ford.
Harvard Business
SEPTEMBER 14, 2017
As a school leader sets off on this journey, how do they know what to do, when to do it, who to listen to, and how to manage critics along the way? Our study of the actions and impact of 411 leaders of UK academies found that only 62 of them managed their turnaround successfully and sustainably transformed their school.
Harvard Business
DECEMBER 22, 2016
Obama nominated Robert McDonald , an Army veteran and experienced executive who had honed his leadership skills during a 33-year career at Proctor and Gamble, to attempt the difficult turnaround. On July 30, 2014, exactly 13 months after retiring as P&G’s Chairman and CEO, McDonald was sworn in as the Secretary of Veterans Affairs.
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