Remove 2004 Remove Leadership Remove Marketing Remove Sports
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How to Turn Around Nearly Anything

Harvard Business Review

I’ve been involved with turnarounds for years, including observing and writing about the Red Sox 2004 World Series win that reversed many decades of being almost-rans. Forget bureaucrats, fancy lobbies, and marketing expense! These lessons work in companies, communities, countries, sports teams, and even families.

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What Connects Coca-Cola, Lego, In-N-Out, Intuit, and Nike? Focus.

In the CEO Afterlife

This can mean expanding product lines, entering new markets and geographies, line extending brands, acquiring new businesses, creating projects, and adding layers of management to manage the self-created complexity. By 2004, sales and profits were in double digit declines. Complexity had brought LEGO to its knees.

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The HBR Approach to Failure

Harvard Business Review

For example, imagine being at a dinner party and people start talking about sports — what else are they talking about? Think of this as the same, but instead of talking about sports in the context of the weather, HBR is talking about failure in the context of the CEO, employees, etc. The weather and its effect on the game?

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The CEO of Ciena on Surviving an Industry Collapse

Harvard Business Review

They pointed out that we were a very young company, but our market value was $45 billion—more than the entire U.S. billion in revenue, and before the bust we’d projected that by 2004, we’d be at $5 billion. Today traffic isn’t just people using their iPhones to look up sports scores—it’s enterprise computing, it’s video.

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The U.S. Media’s Problems Are Much Bigger than Fake News and Filter Bubbles

Harvard Business Review

Political campaigns are marketing campaigns, messages aimed at selling a product. Yet by 2004 its market share was down to 3%. ” It explains why firms that have anchored their strategies to content have ceded digital leadership to those that have focused on connections. Bigger marketing budgets may not pay off.

Media 9