article thumbnail

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.

article thumbnail

6 Turnaround Tactics for a Failing Team

Rick Conlow

3 Turnaround Tactics for a Failing Team. The following six proven turnaround tactics come from my consulting practice. One-time events on any of these steps are almost useless. These kinds of actions can swiftly turnaround a failing team. The post 6 Turnaround Tactics for a Failing Team appeared first on Rick Conlow.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

6 Turnaround Tactics for a Failing Team

Rick Conlow

3 Turnaround Tactics for a Failing Team. The following six proven turnaround tactics come from my consulting practice. One-time events on any of these steps are almost useless. These kinds of actions can swiftly turnaround a failing team. The post 6 Turnaround Tactics for a Failing Team appeared first on Rick Conlow.

article thumbnail

Management Consulting versus Investment Banking

Management Consulted

Finally, networking is important at consulting firms, and social events are focused on helping consultants build contacts and relationships throughout the firm. This expertise may be as broad as “operations turnaround” and as specific as “benchmarking for insurance companies.” 2) Heavy team interaction.

Banking 272
article thumbnail

Our thought leadership predictions for 2021

The Source

The events of 2020 have undoubtedly shaken things up in the world of consulting firm content production. This need to ramp up production and meet a requirement for super-fast turnaround times led to wholesale rethinking of processes, and often turned long-held assumptions about just what can be achieved within tight timescales on their head.

article thumbnail

Leaders Who Get Change Right Know How to Listen

Harvard Business

What she learned informed her strategy for the turnaround, which she then communicated through a series of town halls, roundtables, and memos. ” And she restored the company’s profitability — the turnaround was a success. “The response was overwhelming,” Mulcahy said. “Defection slowed to a trickle.

article thumbnail

FTI Consulting Interviews and Culture

Management Consulted

FTI expanded into investigation and research capabilities as well as turnaround, restructuring, bankruptcy and forensic accounting with the moves. Restructuring/Turnaround Services. Honored with Seven M&A Advisor Turnaround Awards. Honored by Finance Monthly as Turnaround & Restructuring Firm of the Year, Singapore.