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How Agile Teams Can Help Turnarounds Succeed

Harvard Business

It is most definitely not for big, old-line companies that are facing an existential crisis and require a full-scale turnaround. None of these conditions exists in extreme events such as natural disasters, terrorist attacks, major military battles — or large-scale business turnarounds. It’s for techies.

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Desperate Times Call for Effective Turnarounds

BCG

Article Friday, November 11, 2016. We refer to these as turnaround and restructuring efforts. At this point, the company starts burning through cash reserves and needs to launch a turnaround. . Turnaround and restructuring programs involve applying all three components: * Funding the Journey. Winning in the Medium Term.

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When Charismatic CEOs Are an Asset — and When They’re a Liability

Harvard Business

However, charisma can be especially useful in two business concepts with big unknowns: entrepreneurial startups and corporate turnarounds. Starting in the 1980s, a generation of larger-than-life CEOs became full-blown celebrity, but over time, research suggested that charismatic CEOs tended to have drawbacks at leaders.

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How Microsoft Became Innovative Again

Harvard Business

Inside the cultural turnaround that helped the tech giant think like a startup.

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How to Develop Your Tagline to Win More Work

Successful Independent Consulting

See my earlier article for tips.) In the list of taglines above, some of the keywords are “big, hairy projects;” “shared services;” “burnout prevention;” and “turnaround leader.” What is necessary is to keep the tagline short, without overly long words or business jargon. These words should cause that expert to be top-of-mind.

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The Key to Campbell Soup’s Turnaround? Civility.

Harvard Business

In the early years of the turnaround initiative, hundreds of the top 350 senior leaders who could not, or would not, demonstrate their willingness to adapt their approach were let go or transitioned to other roles. If the evaluations revealed leaders were falling short, the expectation was explicitly reinforced.

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When Is Teamwork Really Necessary?

Harvard Business

In turnaround situations, for example, the most important roles for the team often are Agenda Setters, Execution Drivers, and Architects (leading required organizational transformation). Groups of executives who lead companies or divisions or major functions need to balance leading their own teams and leading the enterprise together.