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Desperate Times Call for Effective Turnarounds

BCG

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. We refer to these as turnaround and restructuring efforts.

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6 Turnaround Tactics for a Failing Team

Rick Conlow

Team failures, which sit at about 60% , demoralize employees, reduce productivity, cost companies billions of dollars, and inhibit innovation. Less than 25% of employees have attended a company sponsored training program in the last five years. Companies do not prepare employees to work well as a team. You must act.

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6 Turnaround Tactics for a Failing Team

Rick Conlow

Team failures, which sit at about 60% , demoralize employees, reduce productivity, cost companies billions of dollars, and inhibit innovation. Less than 25% of employees have attended a company sponsored training program in the last five years. Companies do not prepare employees to work well as a team. You must act.

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Why CEO’s Hire Consultants and Coaches: The REAL Value They Bring with Brad Rex

Consulting Matters

This job involved visiting their resorts in New York, Orlando, Las Vegas, and Hawaii, until the company was acquired by Blackstone. His company had the idea of counseling people virtually before the pandemic and started by focusing on reducing veteran suicides. He is also the author of The Surpassing Life: Deep Personal Excellence.

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A Bread and Butter Method for Identifying the Right Organizational Structure

Steve Shu Consulting

Suppose you are trying to design a company whose strategy is to provide broadly accessible, lower-cost, optical glasses to customers within quick turnaround times of one hour. On the other hand, consider designing a company that provides niche, high-end premium glasses, potentially with custom features requiring specialized equipment.

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The Perils of Internal Disruption (Part 2)

Markovitz Consulting

But when it comes to internal operations at least, disruption is often both bad for business and for employees, because it causes unevenness in work. The former president of Wiremold, Art Byrne, explains in his book The Lean Turnaround that he eliminated volume discounts and incentives for sales to book the largest possible orders.

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Alvarez & Marsal Interviews and Culture

Management Consulted

This Firm Profile started as an email from Sean, asking if we could write on Alvarez & Marsal, “The Turnaround Guys”. The firm’s first turnaround client was the household brand, Timex Corporation. Turnaround and Restructuring. 2013) Outstanding Turnaround Firm – Turnarounds & Workouts. Practice Areas.