As Dow Charney and American Apparel struggle for the direction of the company (http://is.gd/2KWow4 and http://is.gd/iMZKgY)- those managing the situation don’t seem to have gotten ahead of the challenges, or planned in advance – despite long-running indications.
How to manage an exit and transition and new leadership more effectively? See the attached – especially the section on “Acknowledge and plan for the disruption of the exit”, in this recent post.
“Leadership Transition – Harnessing the Power of Disruption (Part 1: Strategy)” – Center for the Study of the Workplace http://ht.ly/yC2m6 ^ES
(Margaretta Noonan/ Evan Smith)