Tom Spencer
SEPTEMBER 14, 2014
When the business landscape changes, how can you turnaround a failing company? Assuming this leads to successful refinancing, what should the strategy be to turnaround and save this iconic company? When faced with a broad turnaround question, it is important to ask a variety of questions to determine the source of the problem.
Harvard Business
AUGUST 22, 2018
Franklin was in the business of designing, engineering, and manufacturing climate control systems for cars and SUVs. 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.
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Harvard Business
MARCH 12, 2018
Volvo’s turnaround over the last decade offers a great example. “Once, you needed mechanical engineers. Today, there’s a greater need for software engineers because cars are computers more than anything else.” Between 2011 and 2015, the company added 3,000 new people in engineering and development.
Harvard Business
APRIL 26, 2016
One effective way is to work on culture. Box 2 muscle requires a culture where honest Box 2 questions are encouraged. Looking at Nadella’s communications, you may consider what new narratives could you introduce to create a Box 2 culture in your company? Imagine Jack looking at your organization.
CaseInterview.com
MARCH 26, 2019
Option A was the best logical option, but it was also a tough sell, given the culture of the organization. Option B was 80% as good as Option A, but had no cultural resistance. The servers we wanted had a two-week turnaround time. It is also important to consider inter-personal factors in your rationale. and to do it fast.
Harvard Business
JULY 20, 2016
Japan’s educational institutions and cultural work ethic give its managers a jump-start in their careers, but most companies don’t continue the development process as far as it could go. After earning a degree in industrial engineering, he joined Techint, a multinational conglomerate with headquarters in Milan.
Harvard Business
OCTOBER 25, 2016
(Disclosure: Although Avaya currently has no ties with Innovators International, my interest in Avaya’s remarkable turnaround was initially kindled by the dozens of conversations I had with many people at Avaya when the company was a partner with our organization.). It takes a major cultural shift in the company.
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