How to Turn Companies around?
The world has become more competitive that it had ever been before. And this is a trend that is constantly accelerating. The rate of change is just so fast that companies may easily become disintegrated from their environment, lose competitiveness, decline and eventually die. Corporate leaders are more and more often called upon to save organizations from death, most of the times in a fast and traumatic way. Despite their efforts, however, they are not always successful. External disintegration, meaning the disintegration of a company from its environment is the result of internal disintegration, which in turn results in organizational aging and eventually decline. Organizations can, for various reasons, become sclerotic and inward looking and when that happens, it turns out that, for them, what takes place inside is more important than what happens out in the market. Under such circumstances, the organization moves slower than its environment or towards a totally different d...