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Author:Kanter, R.M.
Title:Leadership and the psychology of turnarounds
Journal:Harvard Business Review
2003 : JUN, VOL. 81:6, p. 58-67
Index terms:Management
Leadership
Corporate culture
Communication
Companies
Psychology
Language:eng
Abstract:Decline causes managers to dislike and avoid one another, hide information, and deny responsibility. The article explores the psychological aspects of corporate turnarounds. The experiences of three companies are described: Gillette Co, the British Broadcasting Corporation, and Invensys Inc. According to the article, the only way a chief executive officer (CEO) can reverse a corporate decline is to change the momentum empowering people anew, replacing denial and secrecy with dialogue, blame etc. with respect, avoidance etc. with collaboration, and passivity and helplessness with initiative.
SCIMA record nr: 244213
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