Martinka Consulting

AUGUST 11, 2014

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. If you’re the owner of one of these, congratulations.

Turnaround 40

Turnaround Trends Journal Financial 40

Harvard Business

APRIL 26, 2016

A staggering 88% of companies listed in the 1955 Fortune 500 are nowhere to be found in the same list today. If we want our companies to last, we must excel at the “ Three Box Solution.” If we want our companies to last, we must excel at the “ Three Box Solution.” One effective way is to work on culture.

Company 28

Company Culture Turnaround Productivity 28

Markovitz Consulting

JULY 11, 2017

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. Operational and financial improvements are rapid, dramatic, and lasting.

Turnaround 100

Turnaround Fashion Training Training 100

Harvard Business

MARCH 30, 2017

Sears Holdings has indicated that “substantial doubt” exists about its ability to continue operations. While the announcement, made in the company’s recent annual report, seems to be a white flag of surrender, it could just be a yellow warning light. Analysts say that Sears may still have time to stage a turnaround.

Turnaround 28

Turnaround Retail Airlines Apparel 28

Harvard Business

SEPTEMBER 6, 2016

When a private equity firm adds a new company to its portfolio, analysts rigorously size up its financial, operational, and competitive condition. Yet even with all that knowledge and effort, many private equity companies still don’t do a good job when it comes to deciding whether to keep the CEO in place or select a new CEO.

Company 28

Company Engineering Turnaround System 28

Martinka Consulting

SEPTEMBER 24, 2015

The then 31-year-old buyer added a breath of fresh air , investment and the company now has 100 employees. When the son took over the business they shed operations that were half of their sales and staff. A client company recently grew by acquisition by buying a direct competitor. Talk about a buyer making a contribution!

Small Business 40

Small Business Turnaround Journal Sales 40

Harvard Business

OCTOBER 17, 2016

Take Anne Mulcahy, who stepped into the CEO role at Xerox in 2001, during a particularly tough time in the company’s history. Yet she chose to spend her first three months talking with employees, understanding their concerns, and testing their reactions to potential solutions to the company’s problems. Hope rekindled.

Turnaround 28

Turnaround How To Survey Enterprise 28

Harvard Business

AUGUST 9, 2016

From 1996 to 2015, the number of publicly traded companies in the United States alone dropped nearly 50%. A major catalyst for this shift has been private equity firms, which take companies private and incorporate them into their own portfolios. Three Phases in the Evolution of Private Equity Investment.

Talent 28

Talent Real Estate Financial Operations 28

Harvard Business

AUGUST 11, 2017

In phase 3, successful portfolio transformations require financial discipline that is not an event, but a pattern; strategic clarity that is not a direction, but a commitment; operational excellence that is not a tool, but a mindset. The LCP’s Role with Portfolio Companies.

Leadership 28

Leadership Talent Culture Turnaround 28

Harvard Business

MARCH 2, 2017

Every organization has a slightly different framework of expected experience, but I like to look at this through the lens of strategy and operations. One CFO I know managed finance for a spin-off firm when it went public and then returned to the parent company in a corporate position. Most companies have a distinct culture.

How To 28

How To Culture Turnaround Talent 28

Harvard Business

NOVEMBER 22, 2016

Companies such as IBM, Apple, Toyota, and Fidelity have demonstrated an interest and appetite for deep research and innovation by introducing AI platforms and solutions for customers, partners, and employees. AI, however, comes with its own set of caveats that companies must understand and address before initiating a program.

Insurance 28

Insurance Insurance Industry Turnaround 28

Harvard Business

MAY 20, 2016

Smart companies understand that workspaces are a business tool. An office environment reflects and reinforces a business’s core values, through the placement of different teams and functions and design elements that reflect culture, brand, and values. At the same time, the company knew they had some challenges.

Exercises 37

Exercises Meeting Real Estate Survey 37

Harvard Business

OCTOBER 24, 2016

One newly appointed CEO I worked with was leading a massive overhaul of his company while he personally struggled deeply with indecisiveness. Historically, the organization’s culture had been slow and unresponsive because decision making resided largely at the top. The CEO was perpetuating the very problem he sought to fix.

Turnaround 28

Turnaround Change Management Leadership Operations 28

Asamby Consulting

AUGUST 30, 2022

Company Wiki As your organization grows, there is the need to make information available to the whole team. Let's first have a look at what a company wiki is. Now, the question is, why does your company need such a wiki? The second reason why you need a wiki is that your company and the world around it change all the time.

Company 52

Company How To Tools Process Improvement 52

Harvard Business

NOVEMBER 8, 2017

of Fortune 500 companies are run by female CEOs, and while there is incremental progress — there are 32 female CEOs this year, the highest percentage ever, compared with only 21 last year — the rate of change can feel excruciatingly slow. Harry Haysom/Getty Images. Women could be ready for the CEO role sooner.

Interviews 28

Interviews Benchmarking Case Interview Talent 28

Harvard Business

DECEMBER 22, 2016

In the end, a combination of unattainable objectives, an environment that lacked transparency, and a culture where failure was not perceived to be a viable option, led some VA administrators and clinic staff to manipulate data to make it appear as though the wait time goal was being achieved.

Culture 28

Culture Leadership Resources Healthcare 28

Harvard Business

FEBRUARY 24, 2017

The CEOs in our study were adept at telling their company’s story. Great stories are credible, simple, consistent, and use both financial and nonfinancial metrics to link a long-term vision and firm values with a distinctive business strategy and focused operational priorities. Adopt a Both/And Performance Mindset.

Metrics 32

Metrics Study Financial Operations 32

Harvard Business

OCTOBER 10, 2016

employees, customers, free agents, communities we operate in) and so much more. Leaders must have the vision and forward-focus to anticipate how technology could disrupt the business model and the skill to mobilize the organization for change and drive a culture of collaboration. ” Let’s go back to the IBM example.

Development 28

Development Leadership Talent Agile 28