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Desperate Times Call for Effective Turnarounds

BCG

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.

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How to Manage a More Experienced Direct Report

CaseInterview.com

The ham radio operations team reporting to me will be far more capable at radio operations than I am. I will have physicians and nurses from a volunteer medical core running medical operations who will report to me too. Assign issues to direct reports. Your direct report has functional expertise.

Report 105
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AlixPartners Interviews and Culture

Management Consulted

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.

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All Hail Medium-Term Planning

Harvard Business

The entire system of quarterly reporting has been regularly criticized but remains resolutely in place. There is, of course, nothing wrong with the openness and transparency that lies behind quarterly reporting. While the world of quarterly reports is the preserve of managers, the long term is the fiefdom of leaders.

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How does your consulting business stack up? Take our 16th Annual WIC Best Practices Survey (open March 14-April 7) and find out.

Women in Consulting

Over the years, it’s offered useful insights into the evolution of Bay Area consulting businesses, such as billing and marketing tool trends, consulting expertise and specialties, structure and operations. And then you’ll be able to see how your consulting business compares when you receive the findings report. Survey Results.

Survey 31
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The Consulting Value Proposition

Tom Spencer

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.

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Is It Too Late for Sears to Save Itself?

Harvard Business

Sears Holdings has indicated that “substantial doubt” exists about its ability to continue operations. While the announcement, made in the company’s recent annual report, seems to be a white flag of surrender, it could just be a yellow warning light. Analysts say that Sears may still have time to stage a turnaround.