You have just been thrown into a new role — to lead the turnaround of a division of your company or perhaps the entire company. You have your work cut out for you and your team. Here are some tips to think about as you embark on this exciting challenge.

DON’T throw stones at previous management.

Everyone knows that there has been a leadership change and that you are in and your predecessor is out. The fact that you are leading the team now is statement enough. Throwing stones will not build trust with your new team and build bridges…


Dick and Mac McDonald

The initial vision of a good hamburger restaurant belonged to Dick and Mac McDonald, the two brothers who opened the first golden arches hamburger stand in San Bernardino, CA in 1948. But, it was Ray Kroc, a man who sold malted milk machines, who was so impressed by the constant traffic around the mcdonald brothers’ hamburger stand. Kroc figured out that it was not quality alone, but consistency — the ability to become efficient and profitable by doing the same things the same way over and over — that was making the McDonald’s succeed. In 1954, Kroc convinced the McDonald…

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