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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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Narrow Your Niche to Win More Work as a Solopreneur

Successful Independent Consulting

Examples Several years ago, my agency represented a highly talented professional with over 20 years of experience even though he positioned himself as a jack-of-all-trades. They want to hire a specialist and you want to be that person. They have a defined niche that makes them easy to remember.

Exercises 195
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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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Start taking advantage of these 5 trends for small business in 2023

Asamby Consulting

Thus, the available talent is now in a much stronger position than they were a few years ago. Build a talent pool that you can utilize when you have an actual position to fill. Benefits include a favorable cost structure, easier access to talent and potentially quicker turnaround / longer coverage of business hours (e.g.,

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Your Consulting Niche vs Jack-of-All-Trades Myth

Successful Independent Consulting

I know a highly talented professional with over 20 years of experience with several Fortune 500 companies. 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.

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7 Critical Success Factors for Project Based Firms to Consider in 2024

Progressus

According to PWC , talent, technology and data will set winning professional services firms apart from the competition. Human experts (talent) – and the knowledge and skills they bring to the table – are responsible for generating business value and differentiating their firm from the competition. Retain talent? The bottom line?

Agile 52
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Management Process: Small Clues with Big Consequences

Kates Kesler

Recently, The Wall Street Journal reported on how Procter & Gamble’s CEO is under scrutiny by investors and the board for a stalling turnaround effort. P&G’s Stumbles Put CEO On Hot Seat for Turnaround. Most painfully, but all too common, this is occurring in the middle of a very difficult turnaround.