Turnaround Tactics

Kraft CEO transformed a behemoth

October 9, 2009

Though big can be beautiful, the Kraft Foods behemoth was too weighed down by its centralized structure to be nimble or responsive. So in 2007, Chairman and CEO Irene Rosenfeld initiated a rewiring of the organization to put more power in the hands of business units. She managed to get the entire executive team — even those that did not fully support the idea — to own the team’s decision. How did she get such solid alignment?

6 slump-beaters for a really rainy day

September 1, 2005
  Even upbeat, energetic people have slumps. You can pull yourself out of one with a little wisdom and these tactics.