Rick Conlow

JUNE 3, 2021

3 Turnaround Tactics for a Failing Team. The following six proven turnaround tactics come from my consulting practice. If employees could operate as a well – oiled machine without training and coaching, you would not be in the mess you are in. These kinds of actions can swiftly turnaround a failing team.

Turnaround 52

Turnaround Training Training eBook 52

Management Consulted

JANUARY 25, 2016

AlixPartners is an international business advisory firm based in Southfield, MI known for its work in corporate turnarounds, bankruptcy assignments and restructuring. Generally regarded as turnaround market leaders, AlixPartners is doing a killer job at taking up more room in the consulting space by strategically hiring a plethora of gurus.

Interviews 100

Interviews Culture Turnaround Case Interview 100

Tom Spencer

SEPTEMBER 29, 2011

Established in 1989, Accenture operates in more than 120 countries worldwide. Founded in 1983, A&M operates in 38 cities worldwide. Applied Value offers strategy, finance, and operations management services. Kearney operates across 55 locations world wide. Bain operates in 47 offices across 30 countries.

Oliver Wyman 107

Oliver Wyman Strategy Strategy Strategy& 107

Harvard Business

MAY 18, 2017

Garvin was a generalist more than a specialist, perhaps because he came of age at HBS during the 1980s, when the school’s primary focus was the development of skilled general managers. Case closed (until engineers develop an algorithm that does the job better). That quality made him (arguably) the quintessential HBR author.

Management 110

Management Turnaround Engineering Benchmarking 110

Harvard Business

JUNE 23, 2016

Now a global giant in the drinks business, just 25 years ago, its precursor, Brahma, was a second-tier Brazilian brewer undergoing a painful turnaround in the hands of acquirer 3G, a São Paulo–based private equity house. A key feature of the turnaround, led by CEO Marcel Telles, was avoiding a hopelessly long-term view.

Turnaround 116

Turnaround Report Company Construction 116

Tom Spencer

OCTOBER 3, 2011

A&M specialises in turnaround and interim management, performance management and business advisory services. It also delivers specialist operational, consulting and industry expertise to management and investors seeking to accelerate performance and maximise value across corporate and investment lifecycles. Address: Arthur D.

BearingPoint 100

BearingPoint Capgemini Strategy Strategy 100

Harvard Business

FEBRUARY 24, 2017

Great stories are credible, simple, consistent, and use both financial and nonfinancial metrics to link a long-term vision and firm values with a distinctive business strategy and focused operational priorities. They operated with a both/and mindset, seeking to deliver on immediate goals in a way that also built a sustainable future.

Metrics 111

Metrics Study Financial Operations 111

Harvard Business

MAY 20, 2016

The New York headquarters housed over a third of its workforce, including developers, the sales team, operations, and leadership. Yodle’s developer teams typically worked on a number of rapid projects that require easy coordination and the visualization of timelines and tasks.

Exercises 129

Exercises Meeting Real Estate Survey 129

Tom Spencer

JULY 13, 2019

These firms also use a generalist model, meaning that consultants tend not to develop a specialization until they become managers. Service areas – or functional areas – can include strategy, operations, technology, human resources, mergers and acquisitions, among others. They are assigned to service areas, industry verticals, or both.

Consulting 60

Consulting Turnaround Healthcare Deloitte 60

Harvard Business

AUGUST 9, 2016

These buy outs shifted agency from owners to managers; “corporate raiders” worked with high-yield debt to fund these turnarounds. a condo development, apartment building, or golf course). Though autonomous, they can improve their operating capabilities and speed up their time to reinvention by learning from each other.

Talent 70

Talent Real Estate Financial Operations 70

Harvard Business

NOVEMBER 22, 2016

Improved operational efficiency: AI-based needs analysis systems allow insurers to not only improve their probability of lead-to-quote conversion but also re­duce turnaround time conversions. Start small.

Insurance 71

Insurance Insurance Industry Turnaround 71

Markovitz Consulting

JULY 11, 2017

He describes his “shock and awe” approach (my terminology) in his excellent book The Lean Turnaround , where he takes the company through several week-long kaizen events. Operational and financial improvements are rapid, dramatic, and lasting. You build your way up to those levels.

Turnaround 100

Turnaround Fashion Exercises Training 100

Tom Spencer

DECEMBER 2, 2017

Turnarounds. In an apparent attempt to stop McKinsey poaching key talent, AlixPartners sued its former employees (Eric Thompson, managing director of AlixPartners’ Hong Kong office, and Ivo Naumann, head of its Shanghai branch) on claims that they misappropriated trade secrets before they left the firm’s Asian operations.

Consulting 68

Consulting McKinsey Turnaround Information Technology 68

Harvard Business

DECEMBER 7, 2016

While some situations demand outside successors — such as a turnaround or a discontinuous shift in the industry and strategy – we believe that internal candidates remain the future CEOs-of-choice. Assess candidates against industry benchmarks, valid indicators of executive potential, and the CEO profiles you’ve developed.

Leadership 70

Leadership Talent Turnaround Benchmarking 70

Harvard Business

NOVEMBER 30, 2017

Past work by McKinsey found that inefficiencies in manufacturer-supplier interactions add up to roughly 5% of development, tooling, and product costs in the auto industry. Similar inefficiencies affect other industries as well, and they are likely to multiply as manufacturers seek to expand product portfolios and reduce turnaround times.

McKinsey 72

McKinsey Turnaround Pharmaceuticals Benchmarking 72

Harvard Business

NOVEMBER 24, 2017

A turnaround subsequently lowered strategic stress to a productive level by discontinuing many of their seemingly unrelated projects, re-focusing on their core business, as well as streamlining operational processes that improved coordination activities. Strategic Boredom (not enough strategic stress).

Strategy 71

Strategy Strategy Strategy& Turnaround 71

Harvard Business

MARCH 2, 2017

Every organization has a slightly different framework of expected experience, but I like to look at this through the lens of strategy and operations. Likewise, I know numerous chief HR officers who have done tours in business, operations, HR, and elsewhere. You can be stronger at one of them, but you need to know how to manage both.

How To 70

How To Culture Turnaround Talent 70

Harvard Business

SEPTEMBER 6, 2016

When a private equity firm adds a new company to its portfolio, analysts rigorously size up its financial, operational, and competitive condition. Selectively developing top team members to accomplish the strategy. Not seeking CEOs who value talent development. In fact, management consultancy Bain & Co.

Company 70

Company Engineering Turnaround System 70

Harvard Business

AUGUST 5, 2016

Operated in regions with different levels of competition and access to resources. We could analyze the effects of 58 types of investment, on 18 performance measures over time, in 160 academies operating in 18 different regions. Like any turnaround, there is no magic bullet — a series of remedial steps need to be taken.

How To 70

How To Resources Education Turnaround 70

Harvard Business

APRIL 26, 2016

” This is a framework I have developed over the course of 35 years of working with and doing research in corporations around the world. And yet without Box 2, organizations don’t truly transform; they persist in limiting ways of operating. Now it’s less than 15 years. So, how do you build Box 2 muscle?

Company 70

Company Culture Turnaround Productivity 70

Management Consulted

JUNE 14, 2015

Founded in 1995 by former Bain consultants and headquartered in New York City, they focus on developing airline strategy and implementing major operational turnaround. In fact, in terms of firms we profile, they are truly one of the new kids on the block. As far as the firm’s history, that’s about as in depth as it gets.

Groups 100

Groups Interviews Culture Case Interview 100

Harvard Business

MAY 30, 2016

When I was heading Organization and Management Development at Pepsi International, I would encourage our international executives to study local comedy shows. We all went to Uganda [one of their key operations]. “We started meeting in each other’s homes every few months. We traveled together.

Culture 70

Culture Turnaround Interviews Hotels 70

BCG

SEPTEMBER 21, 2016

Shaving one minute off the time each aircraft is on the ground between flights can save $5 million to $10 million a year in freed aircraft time and hidden costs across the operation. No other aspect of an airline’s operations has as broad or as deep an impact on the entire organization.

Airlines 40

Airlines Turnaround Operations Financial 40

Harvard Business

FEBRUARY 2, 2017

Senior executives tend to be shielded from organizational problems and data; they are given limited and filtered information about their operations, employees, and customers. To help make his case, he assembled a brain trust of people with different opinions to help him develop positions on the challenges facing the company.

How To 70

How To Banking Turnaround Meeting 70

SkillQuo

AUGUST 16, 2017

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 On-demand CEOs are not exclusive to American business, though. billion in revenue in 2009.

SMB 60

SMB Enterprise Talent Efficiency 60

freshminds

MARCH 5, 2018

Here are some examples of different approaches across industries; Management Consulting : tend to use “operational” type case studies (more details below). Operational Cases: Operations Case, Increasing Sales, Reducing Costs, Improving the Bottom Line, Turnarounds.

Case Study 53

Case Study Case Studies Study Case Interview 53

Harvard Business

MAY 4, 2016

He noted his accomplishments in several areas: strategy development and execution, branding and marketing, sales, partnerships, and IP. The first one is told by a woman who’s improved the lives of at-risk youth by revolutionizing developing countries’ educational systems. BREWERY START-UP. Overall Strategy and Success.

Resumes 70

Resumes Interviews Cover Letters Recruiting 70

Harvard Business

SEPTEMBER 8, 2016

After studying and working with hundreds of companies in free fall, we’ve identified concrete steps that leadership teams can take to engineer successful turnarounds and transformations. Founded in the 1930s, Lego developed a repeatable model that allowed it to grow for decades. Other companies can do the same.

Company 70

Company How To Turnaround Engineering 70

Progressus

NOVEMBER 10, 2023

CSFs can literally be anything — whether it’s improving customer satisfaction, increasing revenue, reducing operating costs, or something specific to a particular project or deliverable – making them somewhat difficult to identify – let alone define in concrete terms. Are project operations, sales, customer service, etc. Retain talent?

Agile 52

Agile Tools Data Talent 52

Harvard Business

DECEMBER 22, 2016

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.

Culture 70

Culture Leadership Resources Healthcare 70

Asamby Consulting

AUGUST 30, 2022

A learning organization If you don't want to do all process improvement and development in your company, you need to build a so-called learning organization: Your employees have a structured process and tool set to formalize and document what they learn and make it available to everyone. Asynchronous, on-demand access will help a lot here.

Company 52

Company How To Tools Process Improvement 52

Harvard Business

SEPTEMBER 14, 2017

Our study of the actions and impact of 411 leaders of UK academies found that only 62 of them managed their turnaround successfully and sustainably transformed their school. We found the Architects sustainably transformed a school by challenging how it operated, engaging its community, and improving its teaching.

Research 71

Research Study Education Recruiting 71

1 to 1

DECEMBER 7, 2021

With post-pandemic online shopping increasing and deals starting earlier and running longer, consistent quality and service levels are essential to keep operations running smoothly. Along with the unpredictability of the season comes support volume surges that will test a retailer’s resources.

Retail 26

Retail Strategy Strategy Strategy& 26

1 to 1

AUGUST 18, 2021

With post-pandemic online shopping increasing and deals running longer and earlier, consistent quality and service levels are essential to keep operations running smoothly and customers happy. Intelligent automation solutions such as these improve CX and drive bottom-line results, reduce average turnaround time, and resolve issues anytime.

Retail 26

Retail Strategy Strategy& Strategy 26

Management Consulted

FEBRUARY 15, 2015

FTI expanded into investigation and research capabilities as well as turnaround, restructuring, bankruptcy and forensic accounting with the moves. In 2005, the firm developed their first 5-year plan with a goal to double revenues from approximately $427M to $1B in 5 years. Restructuring/Turnaround Services. Litigation discovery.

Interviews 100

Interviews Culture Consulting Case Interview 100

Management Consulted

DECEMBER 6, 2015

This Firm Profile started as an email from Sean, asking if we could write on Alvarez & Marsal, “The Turnaround Guys”. The firm’s first turnaround client was the household brand, Timex Corporation. Turnaround and Restructuring. As such, some junior players in the firm feel like their career development is limited.

Interviews 100

Interviews Culture Turnaround Case Interview 100

Harvard Business

NOVEMBER 8, 2017

They have to prove themselves 10 times over before they’re actually given the opportunity, so their development takes longer.” Guidance can be provided one-on-one or through high-potential development programs. Four women mentioned an absence of sponsorship as a hindrance to their career development.

Interviews 71

Interviews Benchmarking Case Interview Talent 71