Of Course … The Tragic Mistake – Part Two: Designing the Fix

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Some of the senior team was clearly anxious. Most had enjoyed the relatively open and unstructured culture of the company. The fact that is was losing money and about to run out of funding was, of course, a matter of concern but this approach seemed a bit of an over-reaction to a couple of them. To her credit, the CEO stood her ground and insisted that this was the way forward. She expected every member of her team to support the process. In the end they agreed. But I made a mental note of those who I figured would not survive.

Next Time – Let the Coaching Begin

© Dr. Earl R. Smith II

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Related Articles:

• Of Course … The Tragic Mistake – Part One: Diagnosis

• Funding Strategies for New Businesses

• Helping Companies Adapt to Changing Times – Part One

• Mergers & Acquisitions: Thinking About Selling – Part I: Confronting the Reasons

• Mergers & Acquisitions: Thinking About Selling – Part II: Working Through the Emotions

• Moving the Ball

• Sea Change Brings Change

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