Reorganization or Turnaround? (Part 2): Top-Line Temptation

Last week, I wrote about common mistakes made with an underperforming Division or Business Unit in my post titled Reorganization or Turnaround? (Part 1). Most notably, I spoke of the tendency to prescribe a reorganization to situations when a turnaround was really needed, by failing to recognize issues that are below the “waterline.” If you are […]

Reorganization or Turnaround? (Part 1)

As the end of the year approaches, CEOs all over the country have a laser-like focus on performance to ensure a strong year-end finish. While many organizations will achieve their financial objectives, many others will come up short of the results they expected. There is yet a third group in which will not only fall short of expectations, but […]