Better Results Faster
Alix Partners' Peter Fitzsimmons' suggests that turning around companies requires a focus on 4 CAMS: Cash, Achievable plans, Meaningful actions, and Stakeholders. Cash – Get your hands around the cash and manage its flow. (Too many organizations fail to understand their sources and uses of cash.) Achieveable plans – Develop an achievable business plan (ratcheting [...]
The Harvard Business Review dedicated its entire January, 2009 issue to “Transforming Leaders”, One takeaway from the issue as a whole is the need to move well from “you and me” to “we”. Of course transitioning leaders must pick the right strategy across Start-ups, Turnarounds, Accelerated Growth, Realignment or Sustaining Success (Watkins). Of course CEO [...]