The rate of technology innovation is part of the digital disruption challenge facing companies, department, teams and employees. That disruption is threaten many traditional businesses like banking or my last turnaround assignment that is a traditional software reseller threaten by cloud…
A Framework to Asses and Monitor Turnaround Processes
Strategy: What is the formula for success? How do we differentiate ourselves from our competitors? What are the organizational drivers? Structure: How are we organized? What are the key roles? How is the work managed? Who has power and authority? System/Processes:…
Time for Turnaround: Why does the turnaround decision use to be delayed?
Many times CEOs used to protect their management responsibility delaying turnaround with different “strategies”: Arguing that is a conjectural stage Arguing that is a marketplace situation Using “accounting engineering” to cover the problem during some while Recognizing that a company has…