Corporate Turnaround
topic on 3 shows · 3 statements across 3 episodes
We Live to Build 
Capital Allocators 
20VC
3 statements about Corporate Turnaround, every show
Appel: Troubled companies cannot survive by merely executing failing strategies better
“If you're really having difficulties, then, you know, the management always feels, oh, all we have to do is do what we're doing better and we'll be okay. But the answer really is, is that no, you've got to start doing things differently, all right, because wha…”
Corre: Rapid Tech Disruption Makes Corporate Turnarounds Harder to Execute
“And one of the things that's happened over the years is that turnarounds have become more difficult because technology and the disruption from technology and the velocity of the change in that is so great that if you fall behind, it's very, very hard to catch …”
Corporate turnarounds demand constant firefighting and extreme emotional resilience from CEOs
“And in a turnaround, almost nothing's working well. And so you're like a constant firefighting mode. And it's just one mess after another is, you know, arriving on your desk that needs to be dealt with. And you need to both have the intellectual horsepower and…”