Turnaround Tactics

Surviving the dinger that made history

February 21, 2017
Ralph Branca received death threats for “the shot heard round the world,” but there was one moment of grace after that blow.

How an injury propelled Edwin Moses

December 9, 2016
Moses trained himself to do what initially felt awkward. Eventually, it came naturally to him.

Putting the brakes on Mazda’s decline

September 30, 2016
The U.S. is a hotly competitive market for automakers, especially for smaller players like Mazda with sagging sales. That isn’t stopping Masahiro Moro, president and CEO of Mazda’s North American business, from making inroads.

The bully boss strikes back

July 12, 2016
Once a bully, management advisor spent career flipping the script.

Contrarian CEO leads Detroit rebound

January 26, 2016
In 1998, Nancy Schlichting moved from Ohio to Michigan to take the CEO job at Henry Ford Health System (HFHS) in Detroit.  She knew it wouldn’t be easy.

Rally your troops in creative ways

October 2, 2015
Furniture retailers took a hit in 2009 when the economy fizzled. As competitors scraped to survive, Art Van Furniture—a Michigan-based regional chain—hired Kim Yost as CEO to help it weather the storm. Yost hit the ground running.

New CEO resuscitates ailing hospital

August 13, 2015

In 2008, Methodist Hospitals was struggling. Based in Gary, Ind., Methodist had weathered five years of instability after a series of CEOs. Ian McFadden became the latest CEO in September 2008. An experienced turn­­­­­around expert, he knew how to proceed.

He took Schering-Plough off life support

July 2, 2015
Within days of joining Schering-Plough as its CEO in 2003, Fred Hassan knew he had to take bold action to save the big pharmaceutical company. Federal regulators were investigating the firm’s marketing practices, sales were plummeting and its cash flow was drying up …

Reset the culture to create new mindset

June 22, 2015

Kaz is a Southborough, Mass.-based company that makes health care and home appliances. In 2008, it was struggling to survive. That’s when Julien Mininberg arrived. Over five years, he took Kaz from near insolvency to record profits.

CEO bounces back from a bad ad

March 23, 2015
Lifeway Foods’ Julie Smolyansky learned a hard lesson when she misread her customers, but she made a bold move to correct it and came out on top.