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Marc Andreessen of Netscape fame has started blogging and has written a series of very insightful posts. Today he writes " A Guide to Big Company Turn-arounds " which reads like a blueprint for how to turn around Yahoo ( YHOO ). Marc cites Hewlett Packard ( HPQ ) as a good example of how to do it, but the "guide" could be applied to any big company in trouble. Marc outlines 9 steps to a successful turnaround. Please read his whole post , but here are 9 steps, with my short explanations. false emails arc goes into more depth in his post; Go dark and execute - meaning don't talk to the press, just focus on getting the next 8 steps done. Throw your predecessor under the bus - meaning blame your predecessor for everything and warn that it will take a year to fix everything. Identify the 3-5 things that are working surprisingly well and double down on those. - Big companies have lots of products and projects. You can usually find some hidden jewels if you look really hard. Identify the 3-5 things that are consuming lots of time and money, yet going nowhere, and kill those. This is critically important, otherwise it will be business as usual. Note, there may be more than 3 to 5 things that need to be killed. Lay off a third of the work force. Tough but necessary. I was at DEC back in 1990 when layoffs happened every quarter for several years. There is nothing more debilitating and demoralizing than constant layoffs. Cut once and cut deep.
The City of New Berlin sent a revised application for Lake Michigan water to the Wisconsin Department of Natural Resources on March 7th, after its preliminary application last year was rejected for consideration by the State of Michigan and roundly condemned as inadequate by officials from several other Great Lakes states, Canadian provinces and numerous Wisconsin and regional conservation organizations. As with the previous application, the DNR did not disclose that it had received the application, and denied a request I made for a copy of New Berlin’s hazardous materials emergency pdated proposal. The City of New Berlin immediately did provide a copy upon request yesterday, and the three-inch thick proposal has these interesting highlights, based on an initial reading... http://thepoliticalenvironment.blogspot.com/2007/04/going-for-lake-michigan-water-new.html UPDATE: Upon further review, this pass is definitely incomplete. http://thepoliticalenvironment.blogspot.com/
The City of New Berlin sent a revised application for Lake Michigan water to the Wisconsin Department of Natural Resources on March 7th, after its preliminary application last year was rejected for consideration by the State of Michigan and roundly condemned as inadequate by officials from several other flat files reat Lakes states, Canadian provinces and numerous Wisconsin and regional conservation organizations. As with the previous application, the DNR did not disclose that it had received the application, and denied a request I made for a copy of New Berlin’s updated proposal. The City of New Berlin immediately did provide a copy upon request yesterday, and the three-inch thick proposal has these interesting highlights, based on an initial reading... http://thepoliticalenvironment.blogspot.com/2007/04/going-for-lake-michigan-water-new.html UPDATE: Upon further review, this pass is definitely incomplete. http://thepoliticalenvironment.blogspot.com/
The City of New Berlin sent a revised application for Lake Michigan water to the Wisconsin Department of Natural Resources on March 7th, after its preliminary application last year was rejected for consideration by the State of Michigan and roundly condemned as inadequate by officials from several other Great Lakes states, Canadian provinces and numerous Wisconsin and regional conservation organizations. As with the previous application, the DNR did not disclose that it had received the application, and denied a request I made for a copy of New Berlin’s updated proposal. The City of New Berlin immediately did provide a copy upon request yesterday, parental control nd the three-inch thick proposal has these interesting highlights, based on an initial reading... http://thepoliticalenvironment.blogspot.com/2007/04/going-for-lake-michigan-water-new.html UPDATE: Upon further review, this pass is definitely incomplete. http://thepoliticalenvironment.blogspot.com/
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Marc Andreessen of Netscape fame has started blogging and has written a series of very insightful posts. Today he writes " A Guide to Big Company Turn-arounds " which reads like a blueprint for how to turn around Yahoo ( YHOO ). Marc cites Hewlett Packard ( HPQ ) as a good example of how to do it, but the "guide" could be applied to any big company in trouble. Marc outlines 9 steps to a successful turnaround. Please read his whole post , but here are 9 steps, with my short explanations. Marc goes into more depth in his post; Go dark and execute - meaning don't talk to the press, just focus on getting the next 8 steps done. Throw your predecessor under the bus - meaning brighthouse road runner lame your predecessor for everything and warn that it will take a year to fix everything. Identify the 3-5 things that are working surprisingly well and double down on those. - Big companies have lots of products and projects. You can usually find some hidden jewels if you look really hard. Identify the 3-5 things that are consuming lots of time and money, yet going nowhere, and kill those. This is critically important, otherwise it will be business as usual. Note, there may be more than 3 to 5 things that need to be killed. Lay off a third of the work force. Tough but necessary. I was at DEC back in 1990 when layoffs happened every quarter for several years. There is nothing more debilitating and demoralizing than constant layoffs. Cut once and cut deep.
The City of New Berlin sent a revised application for Lake Michigan water to the Wisconsin free spyware removal download epartment of Natural Resources on March 7th, after its preliminary application last year was rejected for consideration by the State of Michigan and roundly condemned as inadequate by officials from several other Great Lakes states, Canadian provinces and numerous Wisconsin and regional conservation organizations. As with the previous application, the DNR did not disclose that it had received the application, and denied a request I made for a copy of New Berlin’s updated proposal. The City of New Berlin immediately did provide a copy upon request yesterday, and the three-inch thick proposal has these interesting highlights, based on an initial reading... http://thepoliticalenvironment.blogspot.com/2007/04/going-for-lake-michigan-water-new.html UPDATE: Upon further review, this pass is definitely incomplete. http://thepoliticalenvironment.blogspot.com/
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My friend from Random House days, Mark Alexander, has built a wonderful biz with his favorite and collectible wachovia corp uthors. check out his site .
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