article thumbnail

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.

article thumbnail

6 Turnaround Tactics for a Failing Team

Rick Conlow

3 Turnaround Tactics for a Failing Team. The following six proven turnaround tactics come from my consulting practice. With a change of pace and new strategies that I brought, they made significant gains in four months. These kinds of actions can swiftly turnaround a failing team. A few people were fired as a result.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

6 Turnaround Tactics for a Failing Team

Rick Conlow

3 Turnaround Tactics for a Failing Team. The following six proven turnaround tactics come from my consulting practice. With a change of pace and new strategies that I brought, they made significant gains in four months. These kinds of actions can swiftly turnaround a failing team. A few people were fired as a result.

article thumbnail

A Bread and Butter Method for Identifying the Right Organizational Structure

Steve Shu Consulting

It is the concept of first identifying strategy and second aligning structure. 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. Turnaround times might be much longer.

article thumbnail

How to Manage a More Experienced Direct Report

CaseInterview.com

The ham radio operations team reporting to me will be far more capable at radio operations than I am. I will have physicians and nurses from a volunteer medical core running medical operations who will report to me too. That will increase their turnaround time for the work orders in their group by 70%. I’m not a doctor.

Report 105
article thumbnail

Rethinking Project Management Supply Chain Risks

PM Alliance

Instead, savvy groups are taking a fresh look at where risks exist in today’s supply chain climate and updating their strategies to identify and remediate possible perils. Turnaround times for procurement and shipping are in flux, creating challenges for project teams.

article thumbnail

4 Types of Consulting Firms

Tom Spencer

Strategy Consulting. The leading firms that are generally associated with strategy consulting are McKinsey , BCG and Bain , also known as the MBBs. Service areas – or functional areas – can include strategy, operations, technology, human resources, mergers and acquisitions, among others. Implementation Consulting.