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19min chapter
'Forget Vision:' Lou Gerstner's IBM Turnaround
Wisdom From The Top with Guy Raz
Leading a Turnaround: Challenges and Strategies
The chapter discusses the challenges faced by successful companies in pivoting towards new ventures and technologies, emphasizing the need for creating urgency, strategic loss, and clear execution plans. It explores the speaker's experiences at American Express, R.J.R. Nabisco, and IBM, outlining the tough decisions and steps taken to transform struggling companies by emphasizing customer needs, teamwork, and organizational reshaping.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode