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.

Turnaround 111

Turnaround Case Interview Comparison Interviews 111

Management Consulted

JUNE 14, 2015

Founded in 1995 by former Bain consultants and headquartered in New York City, they focus on developing airline strategy and implementing major operational turnaround. SEABURY GROUP CULTURE. In fact, in terms of firms we profile, they are truly one of the new kids on the block.

Groups 100

Groups Interviews Culture Case Interview 100

Successful Independent Consulting

JANUARY 20, 2017

Transformation and turnaround leader specialized in building teams, measurement systems, and driving results at distressed and growth companies alike, with a focus on the middle market. Translation: turnaround expert. Were you involved with the strategy, planning, implementation, or all of the above? What problems do you solve?

Consulting 150

Consulting Turnaround Exercises Technology Implementation 150

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. Business Buying Exit Strategies Increasing Value Weekly Memo'

Turnaround 40

Turnaround Trends Journal Financial 40

Progressus

NOVEMBER 10, 2023

In today’s data-centric digital landscape, intelligence is central to any business strategy, especially as we look towards 2024. Critical success factors (CSFs) represent the key areas or conditions you need to master for your business strategy to be successful. Does your culture enable problem-solving/exploration?

Agile 52

Agile Tools Data Talent 52

Harvard Business

OCTOBER 17, 2016

What she learned informed her strategy for the turnaround, which she then communicated through a series of town halls, roundtables, and memos. In fact, she logged nearly 200,000 miles that first year as she traveled to each site to share the strategy and reignite enthusiasm about the future of Xerox. Hope rekindled.

Turnaround 28

Turnaround How To Survey Enterprise 28

Martinka Consulting

SEPTEMBER 24, 2015

While this was a family succession issue, which needed to be taken care of first, if the company was looking for an outside buyer they would have needed to implement the new strategy and investment first, shown the 50% growth, and maximized value and price. Conclusion. The seller should have sold one-to-three years earlier.

Small Business 40

Small Business Turnaround Journal Sales 40

Harvard Business

MARCH 30, 2017

Analysts say that Sears may still have time to stage a turnaround. Its brand still has clout; its name is as steeped in American culture as Coke and Levi’s. It should start with its internal culture. It signed up hip celebrities as endorsers, closed some stores, and adjusted its assortment strategy.

Turnaround 28

Turnaround Retail Airlines Apparel 28

Peter Stark

OCTOBER 13, 2019

Hire an Executive Coach: When someone has been allowed to negatively impact an entire workgroup or culture, it’s difficult for them to change their communication and leadership style. Most often, they’re going to need additional help in developing the strategies and actions to make a positive turnaround.

Survey 38

Survey Turnaround Leadership Interviews 38

Martinka Consulting

JULY 6, 2015

Sears was in the headlines because they are running out of cash as their turnaround is failing. As the WSJ points out: “At the same time, another challenge looms: meshing two vastly different corporate cultures inside its new global liquor subsidiary.” The above two paragraphs make my point about where was the common sense.

Small Business 40

Small Business Turnaround Sales Guidelines 40

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. Turnaround leaders pick up the pieces and make things right when a business or function is failing to perform. Most companies have a distinct culture.

How To 28

How To Culture Turnaround Talent 28

Harvard Business

MARCH 12, 2018

Developing what we call an “M&A strategy for talent” is one way to overcome this. Volvo’s turnaround over the last decade offers a great example. But it’s also true for more traditional M&A, where CHROs are too often sidelined, rather than being central to driving strategy.

Talent 28

Talent Engineering Case Interview Turnaround 28

Harvard Business

NOVEMBER 22, 2016

Improved operational efficiency: AI-based needs analysis systems allow insurers to not only improve their probability of lead-to-quote conversion but also re­duce turnaround time conversions. Because AI capabilities can potentially displace humans, in­surers need an effective and thoughtful HR strategy. Start small.

Insurance 28

Insurance Insurance Industry Turnaround 28

Harvard Business

AUGUST 9, 2016

These buy outs shifted agency from owners to managers; “corporate raiders” worked with high-yield debt to fund these turnarounds. That means that in this phase, PE firms also require expertise into leadership, talent, and organizational capabilities and culture.

Talent 28

Talent Real Estate Financial Operations 28

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.

Methodologies 28

Methodologies Agile Metrics Exercises 28

Harvard Business

SEPTEMBER 6, 2016

Building alignment and commitment to the firm’s strategy (in particular, by emphasizing empathy as much as urgency). Selectively developing top team members to accomplish the strategy. He quickly recognized that he had to institute a new strategy and culture. Too many CEOs fall short of these skills.

Company 28

Company Engineering Turnaround System 28

Harvard Business

NOVEMBER 8, 2017

But what if there were a way to make breakthrough progress by applying research-based tools and strategies to boost these numbers faster? Ambitious women may be hesitant to self-promote, driven more by a sense of purpose and a desire to contribute value and shape culture.

Interviews 28

Interviews Benchmarking Case Interview Talent 28

Harvard Business

AUGUST 4, 2017

You might have “realized the culture was wonderful and you miss it.” “There will be aspects of the culture and processes that are familiar, but don’t be disappointed if what you come back to is different from what you remember.” She came back as a director of media strategy and content.

Company 35

Company Case Study Case Studies B2C 35

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. What we found was an incredible paradox. Japanese professionals had higher potential than the global average but lower competence.

Turnaround 28

Turnaround Engineering Leadership Case Interview 28

Harvard Business

FEBRUARY 24, 2017

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. ” Keeping it simple, with five core strategies in his long-term plan, helped people remember his message.

Metrics 29

Metrics Study Financial Operations 29