Lessons from a Turnaround Expert
Harvard Business
AUGUST 27, 2024
A conversation with former Marvel head Peter Cuneo on what it takes to shake up a team or organization.
How Agile Teams Can Help Turnarounds Succeed
Harvard Business
JULY 2, 2018
Agile — the management approach that relies on small, entrepreneurial, close-to-the-customer teams — has a reputation that reflects its rapid adoption in software development. It is most definitely not for big, old-line companies that are facing an existential crisis and require a full-scale turnaround.
Turnaround 
133
133 Join 55,000+
Insiders
Sign Up for our Newsletter
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
How Etsy Found Its Purpose and Crafted a Turnaround
Harvard Business
MARCH 22, 2022
CEO Josh Silverman’s purpose-driven turnaround at Etsy made the company profitable and improved its social and environmental impact.
Turnaround 130
130 
Management Consulting versus Investment Banking
Management Consulted
DECEMBER 16, 2008
Bankers do some for roadshows, due diligence, etc but spend 90% of their time in one office until you’re partner-level (this is investment banking; you can expect more travel in private equity and investment management). Relationship with coworkers, managers, and firm. This is less discussed but equally important.
Banking 272
272 
Desperate Times Call for Effective Turnarounds
BCG
NOVEMBER 11, 2016
Many transformation initiatives focus on improving a company’s financial and operational performance from “good” (or moderate) to “great”—that is, the company is already doing well in some or most areas, yet management still sees a need to make improvements. We refer to these as turnaround and restructuring efforts.
Turnaround 105
105 
Management Lessons from One Hospital's Dramatic Turnaround
Strategy+Business
MARCH 12, 2017
The dramatic turnaround engineered by Grossman -- from $120 million in annual losses to consistent profits -- offers important lessons for any manager seeking to overcome chronic underperformance, and lessons are also to be found in the rapid growth in its physician network, a top 10 ranking from U.S.
Turnaround 60
60 
How to Manage a More Experienced Direct Report
CaseInterview.com
MAY 31, 2022
One of the questions I get a lot from newer managers is: “How do I manage someone who is older and more experienced, knowledgeable, and talented than I am?” The people asking this question typically feel awkward managing someone who, by many measures, is more competent in a particular area. setting a strategic objective).
Report 105
105 
How to Develop Your Tagline to Win More Work
Successful Independent Consulting
AUGUST 28, 2024
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. You get the idea.
Development 195
195 
A Bread and Butter Method for Identifying the Right Organizational Structure
Steve Shu Consulting
SEPTEMBER 1, 2016
Suppose you are trying to design a company whose strategy is to provide broadly accessible, lower-cost, optical glasses to customers within quick turnaround times of one hour. Turnaround times might be much longer. Consider a very stylized example. It may also require a wider geographic structure.
Turnaround 150
150 
Reflecting on David Garvin’s Imprint on Management
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. A Sloan Management Review article (which I had the pleasure of working on) provides valuable context for Garvin’s most-read HBR articles.
Management 110
110 
The Key to Campbell Soup’s Turnaround? Civility.
Harvard Business
OCTOBER 5, 2017
The environment was so toxic that a Gallup manager described employee engagement as “among the worst [he had] ever seen among the Fortune 500.” They made it specific and clear to managers: we expect you to build trust with employees by honoring them, and by valuing them by living the Campbell promise.
Turnaround 77
77 
Consultant Ninja: Finally, two counter-cyclical markets: Management.
Consultant Ninja
NOVEMBER 11, 2008
Management Consultant | Excel Jockey | Slide Monkey | Corporate Insurgent | One-Eyed Man in the Valley of the Blind Mckinsey | Bain | BCG | Booz | Oliver Wyman. The other sector Im long on is turnaround consulting: 10-13-08. Management Consulting. skip to main | skip to sidebar. Consultant Ninja. Tuesday, November 11, 2008.
Oliver Wyman 100
100 Saving RadioShack
Tom Spencer
SEPTEMBER 14, 2014
When the business landscape changes, how can you turnaround a failing company? Assuming this leads to successful refinancing, what should the strategy be to turnaround and save this iconic company? When faced with a broad turnaround question, it is important to ask a variety of questions to determine the source of the problem.
Turnaround 111
111 
6 Turnaround Tactics for a Failing Team
Rick Conlow
JUNE 3, 2021
Over 80% of managers fail according to leadership derailment studies. 3 Turnaround Tactics for a Failing Team. The following six proven turnaround tactics come from my consulting practice. Keep in mind that it takes skill to manage team dynamics. See this– SPICA: Team Management Skills. ) Measuring success.
Turnaround 52
52 
6 Turnaround Tactics for a Failing Team
Rick Conlow
JUNE 3, 2021
Over 80% of managers fail according to leadership derailment studies. 3 Turnaround Tactics for a Failing Team. The following six proven turnaround tactics come from my consulting practice. Keep in mind that it takes skill to manage team dynamics. See this– SPICA: Team Management Skills. ) Measuring success.
Turnaround 52
52 
Alvarez & Marsal Interviews and Culture
Management Consulted
DECEMBER 6, 2015
One of the things we really love to do here at Management Consulted is answer the questions you have for us. 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. Practice Areas.
Interviews 100
100 
The Perils of Internal Disruption (Part 2)
Markovitz Consulting
JANUARY 14, 2019
Last week , I wrote about how the unpredictability of “management by walking around” disrupts daily operations in an organization and leads to mura (unevenness), muri (overburden), and muda (waste). With more level demand, the warranty department was able to keep its turnaround time to under a week, even during the peak summer season.
Turnaround 133
133 
AlixPartners Interviews and Culture
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
100 Your Consulting Niche vs Jack-of-All-Trades Myth
Successful Independent Consulting
JANUARY 20, 2017
My company represents self-employed professionals across the country, and over the last seven years I have interviewed, coached, or worked with more than 200 independent management consultants. Translation: change management for IT projects. Translation: turnaround expert. The exact opposite is true.
Consulting 150
150 
When Is Teamwork Really Necessary?
Harvard Business
AUGUST 16, 2018
When promoted to his new role, he inherited a group of district sales managers responsible for selling to hospital systems in their respective geographies. In turnaround situations, for example, the most important roles for the team often are Agenda Setters, Execution Drivers, and Architects (leading required organizational transformation).
Turnaround 129
129 
Rethinking Project Management Supply Chain Risks
PM Alliance
JANUARY 13, 2023
After years of disruption, few project management teams expect pandemic-era supply chain issues to ease any time soon. If you’re seeking new ways to deal with what are becoming old problems, consider these tips to help adjust how you manage supply chain risks.
Management 71
71 
Management Process: Small Clues with Big Consequences
Kates Kesler
OCTOBER 9, 2012
Recently, The Wall Street Journal reported on how Procter & Gamble’s CEO is under scrutiny by investors and the board for a stalling turnaround effort. P&G’s Stumbles Put CEO On Hot Seat for Turnaround. Most painfully, but all too common, this is occurring in the middle of a very difficult turnaround.
Turnaround 50
50 
Narrow Your Niche to Win More Work as a Solopreneur
Successful Independent Consulting
APRIL 1, 2024
They have a defined niche that makes them easy to remember. More importantly, prospective clients recognize the consultant’s vocation by simply skimming their LinkedIn profile or resumé. Absolutely, but that’s not what makes them unique. The tricky part is narrowing your niche.
Exercises 195
195 
Why CEO’s Hire Consultants and Coaches: The REAL Value They Bring with Brad Rex
Consulting Matters
APRIL 13, 2023
He applied for a financial manager job at Disney and was one of 1400 candidates. About the guest: About the guest: Brad Rex is an accomplished senior executive and corporate officer with proven experience growing businesses and driving results in start-up, turnaround, expansion and multi-site situations.
Consulting 156
156 First, You’ve Got to Show That You Care
Markovitz Consulting
NOVEMBER 26, 2018
John Shook describes how within the constellation of GM plants, the Fremont plant went from worst to first in quality in one year, with a 180-degree turnaround in culture, all while keeping the same workers. (In In fact, the only people let go were from management ranks.) I pointed this out to the plant manager last week.
Turnaround 124
124 
All Hail Medium-Term Planning
Harvard Business
JUNE 23, 2016
While the world of quarterly reports is the preserve of managers, the long term is the fiefdom of leaders. As managers deal with delivering short-term results to keep the stock price high and leaders evangelize on the long-term future of the organization, the medium term is all but forgotten. It is pleasingly limitless.
Turnaround 115
115 
In the Best Sales Teams, About Half of the People Are in Support Roles
Harvard Business
MAY 25, 2016
By looking at detailed sales data from 40 companies in technology-related industries, we have identified guidelines for the optimal amount and type of sales support and management. This includes all non-quota-carrying roles in the organization: customer-facing support, sales operations and administration, and sales management.
Sales 130
130 
Surviving in a Procyclical Industry
Tom Spencer
SEPTEMBER 3, 2016
Management consulting is a service industry that earns its keep by serving large organisations – corporate, non-profit and government. For more information on the management consulting industry, download “ The HUB’s Guide to Management Consulting “ ]. (Source: Flickr ).
Industry 60
60 
Your Organization Wastes Time. Here’s How to Fix It.
Harvard Business
MARCH 13, 2017
Organizations waste too much time - see how Bain helps them manage it like money in this 10-minute video slide deck. While the former approach is friendlier from a change management perspective, we usually find that it leads to only incremental change. Consider the remarkable turnaround at Ford. Related Video.
How To 146
146 
Common Project Challenges – and how to deal with them
The Management Centre
DECEMBER 2, 2021
Throughout our Project Management training programmes, we find out about the kinds of challenges that make for a worried Project Manager. Talk through options for communicating better, aiming to ensure the Project Sponsor has the right information at the right time and an agreed turnaround time. But fear not, you are not alone.
How To 97
97 
How to Have a Good Debate in a Meeting
Harvard Business
JANUARY 10, 2018
In my recent study of 5,000 managers and employees, published in my recent book , I found that the best performers are really good at generating rigorous discussions in team meetings. When I was teaching the American Express turnaround case at HBS, Harvey Golub, then the company’s CEO, came to class. Take the contrarian view.
Meeting 134
134 
How to Give Negative Feedback Over Email
Harvard Business
OCTOBER 7, 2016
That means that if you’re in a job where you manage people remotely — and find yourself regularly required to deliver feedback or criticism via email — you’ll want to take special care with your wording to keep your team engaged and motivated. How to Improve Your Business Writing. Carolyn O’Hara. Maggy McGloin.
How To 132
132 
Don’t do everything yourself
Jacq Hackett Consulting
OCTOBER 24, 2017
Website management. You manage everything through the Upwork site – setting project milestones, communication with your freelancer, monitoring their work, uploading files, etc. It’s quick – the turnaround time on jobs is impressive. What tasks to outsource? These are the tasks that I regularly outsource. Graphic design.
Turnaround 136
136 FTI Consulting Interviews and Culture
Management Consulted
FEBRUARY 15, 2015
FTI expanded into investigation and research capabilities as well as turnaround, restructuring, bankruptcy and forensic accounting with the moves. Records management. Either a Global Practice Leader, Co-leader, Senior Managing Director or Global CEO lead each of these practices. Restructuring/Turnaround Services.
Interviews 100
100 Case Study: Can You Fix a Toxic Culture Without Firing People?
Harvard Business
AUGUST 22, 2018
Franklin had finally returned to profitability, but she and Cameron Koren, a turnaround specialist who’d been brought in as CEO five years earlier to right the ship, were still working hard to keep the business on track. The following Saturday, Noelle met her friend, Joss, at the reservoir near their houses.
Case Study 132
132 
The Journey from Underdog Athlete to Turnaround CEO w/Mike MacDonald Ep#155
Strategic Planning and Management Insights
MARCH 1, 2022
SME Strategy is a strategy consulting company that specializes in aligning teams around their vision, mission, values, goals and action plans. Learn more about how we can help align your team with our strategic planning and implementation services.
Turnaround 52
52 
"Bubblicious" High End Flipping Up 350%, Overall Flipping Down 13%
MishTalk
OCTOBER 20, 2013
What’s behind these quick turnarounds? link] Mike "Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction.
Real Estate 74
74 
GE’s Fall Has Been Accelerated by Two Problems. Most Other Big Companies Face Them, Too.
Harvard Business
JUNE 29, 2018
In the fall of 2017 under Flannery, MA&D unsurprisingly became GE’s turnaround strategy tool. During the Immelt era, the dominant mode had been of strategy by way of mergers, acquisitions, and divestitures (MA&D), including most recently the disastrous merger of the GE oil and gas business with Baker Hughes in 2016.
Company 122
122 
Student Consulting ? Does it deliver?
Tom Spencer
JUNE 23, 2018
This may include discrete projects completed at arms length, such as due diligence on a transaction, or turnaround projects where consultants are embedded within an organisation. Finally, senior management may hire consultants as an independent second pair of eyes, to help justify critical decisions and strategic choices.
Consulting 88
88 
List of strategy consulting firms in Hong Kong
Tom Spencer
SEPTEMBER 29, 2011
in Management Consulting. Value Partners Management Consulting. Accenture is a global management consulting, technology services and outsourcing company. Applied Value offers strategy, finance, and operations management services. Definitions. Helpful Links. List of strategy consulting firms in Hong Kong 2011.
Oliver Wyman 107
107 A Simple Way to Map Out Your Career Ambitions
Harvard Business
NOVEMBER 30, 2018
From a business strategist who can appear aloof and dismissive of those with less intellectual horsepower, to a general manager who aligns and inspires her region through personal connections and demonstrates genuine care for people. Management experiences grow generic capabilities that are valuable to all managers, no matter their function.
Turnaround 70
70 
4 Signs an Executive Isn’t Ready for Coaching
Harvard Business
JULY 9, 2018
But while executive coaches have improved the performance of many already-good managers and sanded the rough edges off many less effective ones, they aren’t a miracle cure. So how do those who control the coaching purse strings — HR, talent managers, and other buyers — avoid throwing money away on uncoachable executives?
Development 134
134 How to Downsize Your Sales Force
Harvard Business
APRIL 12, 2018
Gradual sales job reduction can be effective when the need to make cuts is not urgent and the process is well-managed. But too often, companies cut a few sales jobs and hope for a market turnaround that never happens. Ask a sales manager to participate in the transition. Create a retention plan for each key person.
Sales 99
99 Quick Tips for Consulting to Small Organizations | Consulting and.
Consulting and Organizational Management
OCTOBER 26, 2011
Instead, I’ve been more successful with, e.g., ”turnaround specialist” or “business developer.” ” Assessments should use the pareto principle, i.e., focus on some “best practices” in each of the major management functions. Career Management. Crisis Management. Read more.].
Consulting 76
76 
Let's personalize your content