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Management Lessons from One Hospital's Dramatic Turnaround

Strategy+Business

The dramatic turnaround engineered by Grossman -- from $120 million in annual losses to consistent profits -- offers important lessons for any manager seeking to overcome chronic underperformance, and lessons are also to be found in the rapid growth in its physician network, a top 10 ranking from U.S.

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How to Manage a More Experienced Direct Report

CaseInterview.com

One of the questions I get a lot from newer managers is: “How do I manage someone who is older and more experienced, knowledgeable, and talented than I am?” A good CEO hires people who are smarter, more experienced, and more talented in their respective functional areas than the CEO. This is a tradeoff decision.

Report 105
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How Volvo Reinvented Itself Through Hiring

Harvard Business

Many legacy companies would like to transform themselves into agile, talent-first organizations. Developing what we call an “M&A strategy for talent” is one way to overcome this. Developing what we call an “M&A strategy for talent” is one way to overcome this.

Talent 28
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Leaders Need Different Skills to Thrive in Tech

Harvard Business

A series of jarring experiences have taught you that: Your management authority is meaningless in a culture that worships engineers. How talent management is changing. They must deliver on tight timelines, quick turnarounds and short project cycles. ” But by the end of the first month you feel confused and disoriented.

Talent 28
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How Avaya Turned Around Its Customer Ratings

Harvard Business

(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.). And you do need to give a good team room to do their best.

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

Harvard Business

Not seeking CEOs who value talent development. But CEOs at the best-run PE-owned firms we’ve worked with emphasize both recruiting and talent development. But that set off the field engineers’ alarm bells. And they are quite selective of which individuals and which skills to invest in.

Company 28
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4 Signs an Executive Isn’t Ready for Coaching

Harvard Business

So how do those who control the coaching purse strings — HR, talent managers, and other buyers — avoid throwing money away on uncoachable executives? One CEO we worked with was known for his smart turnarounds of a large media company. But he was struggling to get along with his executive team. manufacturing company.