The Wrong Side of Being Right – Strategy Mistake?

The Wrong Side of Being Right – Strategy Mistake?

Many years ago, I consulted to the leadership team of an organization that was making a BIG shift in their business strategy. Company leaders decided to bring an end to their role as the market leader in a particular technology sector. Instead, they were going to start over with a new technology offer in a vastly different market. Why? They saw the future. But there’s something odd about this story. It finishes with an ending that takes the author by surprise.

3 Principles for Leading Culture Change & One Success Story

3 Principles for Leading Culture Change & One Success Story

In 1999 Kent Thiry became CEO of DaVita, a provider of kidney dialysis treatments. The company was on the verge of bankruptcy. It had revenues of $1.4 billion, losses of $56 million, and a share price of about $2. By June 7, 2013, after the culture change, share prices grew to $125.50. This magnificent turnaround resulted from changing the culture, and to succeed at that Thury applied 3 principles for leading culture change.

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