Remove 2007 Remove Training Remove Turnaround
article thumbnail

4 Signs an Executive Isn’t Ready for Coaching

Harvard Business

And the number of business coaches worldwide has zoomed more than 60% since 2007, according to one coaching association. One CEO we worked with was known for his smart turnarounds of a large media company. In the U.S. Before any coaching can be effective, they need to wake up to the ways their actions affect others.

article thumbnail

4 Ways CEOs Can Conquer Short-Termism

Harvard Business

The quickest way to spring the short-term trap is to set overly ambitious targets — the kind that make the CEO a hero with investors in the short term, but threaten the long-term plan by, for instance, skimping on scheduled maintenance, cutting R&D investment, and shrinking travel and training budgets.

Metrics 112
article thumbnail

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

Harvard Business

A private equity group led by TPG bought the company in 2007; at the time SCA had suffered more than four straight quarters of declining profits. However, Hayek didn’t push training on them. Consider the case of Surgical Care Affiliates (SCA), a provider of surgical facilities based in Deerfield, Illinois.

Company 70