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Desperate Times Call for Effective Turnarounds

BCG

Article Friday, November 11, 2016. Many transformation initiatives focus on improving a company’s financial and operational performance from “good” (or moderate) to “great”—that is, the company is already doing well in some or most areas, yet management still sees a need to make improvements. Winning in the Medium Term.

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The Key to Campbell Soup’s Turnaround? Civility.

Harvard Business

The environment was so toxic that a Gallup manager described employee engagement as “among the worst [he had] ever seen among the Fortune 500.” These expectation-setting actions provided a public platform to build a performance-oriented culture and were crucial in transforming the culture. Identify Practices.

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Leading Across Cultures Requires Flexibility and Curiosity

Harvard Business

Even without speaking the local language, you can learn a huge amount about a country’s culture from tuning into local television shows, especially comedy programs. When I was heading Organization and Management Development at Pepsi International, I would encourage our international executives to study local comedy shows.

Culture 28
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Business Buy-Sell and the Business’s Status – #3

Martinka Consulting

I like to say (especially to business buyers with stars in their eyes) that, “turnarounds make headlines because they are rare.” Here are five: Great people with depth of management, above average compensation (to attract better employees), and a good culture. So what qualities does this type of business have?

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

Harvard Business

Franklin had finally returned to profitability, but she and Cameron Koren, a turnaround specialist who’d been brought in as CEO five years earlier to right the ship, were still working hard to keep the business on track. But culturally, it might be time for a purge,” Cam continued.

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Why you need a company wiki (and how to build it effectively)

Asamby Consulting

This articles outlines how to build a company wiki: Understand if and why you need a wiki Define the goals for your wiki Choose the best tool to house your wiki Define the structure Start creating and compiling content Keep your wiki used and up to date Why do I need a wiki for my company? You need a wiki.

Company 52
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Improving Airlines’ On-Time Performance

BCG

Article Wednesday, September 21, 2016. Airlines have a tough time getting their arms around OTP and how to manage it—with good reason. OTP is also affected by decisions made in multiple areas, including fleet size and composition, flight crew composition, and flight turnaround times. Sometimes it pays to sweat the small stuff.