Turnaround Tactics

What brought Marvel back from the dead?

July 14, 2021
In 1996, Marvel Entertainment Group filed for bankruptcy after their stock plummeted from $36 to about $3 in just three years. After several years of jockeying among investors to take control of the company, Marvel partnered with ToyBiz and rose from bankruptcy in 1998 with a new name. Now it was time for a rebirth.

5 tests to see if your influence is fading

June 9, 2021
Author Stacey Hanke has compiled several simple tests for you to keep in mind when evaluating the pull you have with others, especially in situations where you have a live, captive audience.

Bounce back from a mistake

August 13, 2020
Mistakes aren’t fatal, as long as you know how to deal with them in a positive manner. Acknowledging and apologizing for them is only a first step. Here’s how to turn a setback into a step forward.

To learn from failure, ask 3 questions

June 10, 2020
You can learn from your failures—but how do you go about it? Start with three questions you can ask to guide your efforts.

Resilience trumps misfortune

June 10, 2020
Resilience, the “ability to recover from or adjust easily to misfortune or change” (Merriam-Webster), allows you to navigate between extremes when things get tough, as in these four situations.

Address mistakes with 3 questions

February 13, 2020
Since so many business tasks involve complex duties, co-workers and numerous other factors, accurate assessments can be tough. Here are three general questions to get you started.

What to do when their feedback is rough

December 13, 2019
Hearing negative feedback can be difficult, both psychologically and physically. Adam Grant tackles this subject on his podcast “WorkLife.”

How the ultimate brand was saved

November 7, 2019
In 1987, the wildly popular Air Jordan sneaker had already been through two iterations. One day Nike’s vice president, Rob Strasser, the man credited with signing Michael Jordan to perhaps the most famous athletic endorsement deal of all time, tendered his resignation, creating great fears that Jordan might go with him.

Fix a terrible, awful, no-good day

October 4, 2019
When humiliation occurs, it can seem nearly impossible to crawl out from underneath it and reclaim some dignity. In the worst moments, advice is difficult to hear, let alone follow. But there are some helpful strategies to guide you forward.

3 steps to turn around a culture

April 25, 2019
If morale has tanked, customer complaints are rampant, and turnover is high, a hostile work environment may be to blame. You will need to address the underlying issues in order to overhaul the culture and create a work environment that people are happy and proud to be a part of. Start here.