Remove Culture Remove Operations Remove Survey Remove Turnaround
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Case Study: Can You Fix a Toxic Culture Without Firing People?

Harvard Business

She’d gone to Arkansas to review operational plans and financial projections for the rest of the year with the team on the ground. But culturally, it might be time for a purge,” Cam continued. It’s like we’re surgeons who have a patient bleeding out on the operating table. Or pull out our scalpels?”

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Leaders Who Get Change Right Know How to Listen

Harvard Business

In a PWC survey of more than 2,000 global executives, managers, and employees, only 54% of respondents said their change initiatives succeeded — and the most frequently cited problem (by 65% of those surveyed) was change fatigue. ” And she restored the company’s profitability — the turnaround was a success.

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7 Factors of Great Office Design

Harvard Business

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. But while they valued more openness, the survey results indicated that they didn’t want the work environment to feel like a start-up.

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

Harvard Business

In a survey of nearly 3,000 executives about the success of their enterprise transformation efforts, McKinsey discovered the failure rate to be higher than 60%, while Harvard Business Review conducted a study that suggested more than 70% of transformation efforts fail. The CEO was perpetuating the very problem he sought to fix.

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The Mistakes PE Firms Make When They Pick CEOs for Portfolio Companies

Harvard Business

When a private equity firm adds a new company to its portfolio, analysts rigorously size up its financial, operational, and competitive condition. He quickly recognized that he had to institute a new strategy and culture. In fact, management consultancy Bain & Co. In fact, management consultancy Bain & Co.

Company 28
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A Transformation Is Underway at U.S. Veterans Affairs. We Got an Inside Look.

Harvard Business

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.

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4 Ways CEOs Can Conquer Short-Termism

Harvard Business

In a recent survey , 70% of respondents said that CEOs focus too much on short-term financial results, and nearly 60% said that they don’t focus enough on positive long-term impact. They operated with a both/and mindset, seeking to deliver on immediate goals in a way that also built a sustainable future.

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