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How Etsy Found Its Purpose and Crafted a Turnaround

Harvard Business

CEO Josh Silverman’s purpose-driven turnaround at Etsy made the company profitable and improved its social and environmental impact.

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The Journey from Underdog Athlete to Turnaround CEO w/Mike MacDonald Ep#155

Strategic Planning and Management Insights

SME Strategy is a strategy consulting company that specializes in aligning teams around their vision, mission, values, goals and action plans. Learn more about how we can help align your team with our strategic planning and implementation services.

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Your Consulting Niche vs Jack-of-All-Trades Myth

Successful Independent Consulting

Here are some excerpts from their résumés and profiles: PROFESSIONAL SUMMARIES Organizational change expert with 16 years of experience in large-scale technology implementations for the Fortune 500. Translation: change management for IT projects. Translation: turnaround expert.

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Small Steps or Big Steps: What’s the Right Way to Begin Improvement?

Markovitz Consulting

He describes his “shock and awe” approach (my terminology) in his excellent book The Lean Turnaround , where he takes the company through several week-long kaizen events. To be sure, there is some up front training, but the emphasis is on starting the lean journey with kaizen events.

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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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Leaders Who Get Change Right Know How to Listen

Harvard Business

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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Organizations Can’t Change If Leaders Can’t Change with Them

Harvard Business

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.