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Rip the band-aid off quickly

Rip the band-aid off quickly

Companies that implement "fast, focused, and simultaneous" change programs have the best chance to create long-lasting shareholder value.

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Rip the band-aid off quickly
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Too often, management teams that face the daunting challenge of corporate transformation don't move far enough, fast enough, or broadly enough to truly reposition their businesses. Instead, they implement half-cures that can be worse than the disease: round after round of restructuring, strategic redirection, or layoffs, none of them sufficient to heal the wounds. Author Stan Pace uses powerful examples to show that the companies that implement "fast, focused, and simultaneous" change programs are the ones with the best chances to create enormous and long-lasting shareholder value.

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