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As work itself is changing, some of the basic tenets of leadership development are being challenged. To meet these challenges, we see three priorities for developing the next generation of leaders in the “work-disrupted” age: Mastery of Digital. Developing Tomorrow’s Leaders. Insight Center.
Bertolini observed that many of his peers had been promising 15% earnings per share (EPS), even during the financial crisis of 2009. He developed a three-year plan for his turnaround vision, which was translated into annual and quarterly operating plans, and biquarterly responsibilities for his executive team.
FTI expanded into investigation and research capabilities as well as turnaround, restructuring, bankruptcy and forensic accounting with the moves. That sort of growth is impossible to ignore, and in 2009 FTI Consulting was listed as 1 of 100 fastest growing U.S. Restructuring/Turnaround Services. companies by Fortune Magazine.
Since 2009 we have interviewed and surveyed 181 executives who run PE-owned companies, as well as eight to 15 people who work with each of these 181 executives (supervisors, board members, director reports, and others). Selectively developing top team members to accomplish the strategy. Not seeking CEOs who value talent development.
Now, the on-demand executive phenomenon has truly spread across the world and according to American consulting firm Booz Allen Hamilton, the UK market for on-demand executives is one of the world’s most developed, accounting for $1.8 billion in revenue in 2009. On-demand CEOs are not exclusive to American business, though.
Obama nominated Robert McDonald , an Army veteran and experienced executive who had honed his leadership skills during a 33-year career at Proctor and Gamble, to attempt the difficult turnaround. On July 30, 2014, exactly 13 months after retiring as P&G’s Chairman and CEO, McDonald was sworn in as the Secretary of Veterans Affairs.
Not long after that I was trying to convince the man who has now been a client for a decade that moving from doing turnarounds as a CEO or COO to Leadership and Management Consulting was significantly different and that he did not have a team in place to handle the shift. He wrote a book called Start with Why back in 2009.
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