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Four Suggestions as You Face Your Industry's Steamroller

Harvard Business Review

Remember the scene in the first Austin Powers film where Powers, attempting to escape in a steamroller, warns one of Dr. Evil''s henchman to move out of its path? We asked nearly 200 life sciences executives about long-term trends that posed fundamental threats to their businesses and how management was dealing with them.

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How to Pull Your Company Out of a Tailspin

Harvard Business Review

Free fall is a crisis of obsolescence and decline that can happen at any point in a company’s life cycle, but most often it affects maturing incumbents whose business model has come under competitive attack from insurgents or is no longer viable in a changing market. Thiry immediately replaced most of the management team.