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How to Lead a Successful Turnaround

HBR On Strategy

CHAPTER

Navigating the Challenges of Leadership During Turnarounds

This chapter explores the intricate challenges of turning around an underperforming organization, comparing the strengths of current leadership with the benefits of hiring outsiders. It emphasizes the emotional impact of tough decisions on both leaders and teams, highlighting the necessity of securing team buy-in and maintaining a unified vision during transformational changes.

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