Successful leaders know their job is to ignite cultural change to launch a turn around, (then to get out of the way and let it happen).
Corporate “turn-arounds” are about cultural change!
There are a number of pieces that will have to fit together, but if the culture is not changed, they will soon wither away.
Culture is the glue that keeps the pieces from popping apart!
The mechanics of a corporate turn around, are fairly straight forward: