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Desperate Times Call for Effective Turnarounds

BCG

Article Friday, November 11, 2016. We refer to these as turnaround and restructuring efforts. At this point, the company starts burning through cash reserves and needs to launch a turnaround. . Turnaround and restructuring programs involve applying all three components: * Funding the Journey. Winning in the Medium Term.

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When Charismatic CEOs Are an Asset — and When They’re a Liability

Harvard Business

However, charisma can be especially useful in two business concepts with big unknowns: entrepreneurial startups and corporate turnarounds. Starting in the 1980s, a generation of larger-than-life CEOs became full-blown celebrity, but over time, research suggested that charismatic CEOs tended to have drawbacks at leaders.

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How Microsoft Became Innovative Again

Harvard Business

Inside the cultural turnaround that helped the tech giant think like a startup.

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The Key to Campbell Soup’s Turnaround? Civility.

Harvard Business

In the early years of the turnaround initiative, hundreds of the top 350 senior leaders who could not, or would not, demonstrate their willingness to adapt their approach were let go or transitioned to other roles. If the evaluations revealed leaders were falling short, the expectation was explicitly reinforced.

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A “Thing” That Really Works

The Fearless Marketer

They can help your clients do things faster and better, improve productivity and effectiveness, increase sales, shorten cycle times, turnaround cultures, etc., Look, I can’t tell you a lot more than this in a blog article, but be patient. Wish I could have explained more in this article, but it really needs a presentation.

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Management Process: Small Clues with Big Consequences

Kates Kesler

Recently, The Wall Street Journal reported on how Procter & Gamble’s CEO is under scrutiny by investors and the board for a stalling turnaround effort. P&G’s Stumbles Put CEO On Hot Seat for Turnaround. Most painfully, but all too common, this is occurring in the middle of a very difficult turnaround.

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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.” These five things present in a company make that company as rare as a successful turnaround and cause headlines to be written about them in business journals and magazines.