article thumbnail

What It Takes To Turn Your Failing Business Around

Strategy Driven

Leadership is a significant part of any business, and it’s highly recommended to get the right executive team to hold the fort. A strong executive team is supposed to make decisions to steer business objectives, and that starts with your hiring decisions. Be receptive to innovative ideas.

Finance 84
article thumbnail

CMOs and CEOs Can Work Better Together

Harvard Business Review

When Deborah DiSanzo took over as CEO of Philips Healthcare in May 2012, she knew that engineering would continue to drive innovation. She also took the unusual step of installing three CMOs who could help provide detailed insights into three of the main business groups of the company. Who should lead our transformation?

CEO 8
article thumbnail

Build a Great Company Culture with Help from Technology

Harvard Business Review

For us, those values are employees, customer service, integrity, innovation, fun, and profitability. We are certain that our high customer satisfaction ratings and top spot on many best-place-to-work lists come from our early recognition that culture permeates every sales call, every employee interaction, and every product innovation.