LEADERSHIP DIM SUM,
PART XI: PLUGGING ALONG OR PULLING THE PLUG?
company has been in existence for a long time. The industry
in which it competes is “mature” to say the least.
Markets have shrunk, overseas competition has eroded profitability,
and the future looks stable, but nothing more.
to think about: Can trust get rusty? How does one sustain
trusted leadership at the top when an organization is just
key here is engaging the leadership group – forcing
them to push themselves to be more than caretakers. Lots of
people in “mature industries” can (and do) make
pots of money.
it’s also important to consider the idea that it might
just be time to wind down the company. If that is the case,
then the focus becomes exiting in style, going out the right
way, maintaining trust until the very end.
about you? Have you worked in a company that was just plugging
along? What happened? Let
WITH THE AUTHORS OF THE TRUSTED LEADER
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