Ron Johnson, the former Apple executive, was hired as CEO in 2011 by struggling retailer JC Penney to revive the organization. He embarked on an aggressive vision - something he labeled a "transformation" - that ultimately ended with his recent firing.
What happened? Danielle Sacks provides her thoughts in an online Fast Company article I read recently during some down time between flights. It got me thinking about some of my own experiences with change management.
In late 2005 I joined Gibson, in part because of its private and independent ownership structure. I had been collecting a mental notebook of ideas and strategies during my time at the national firms and was just itching to put them into practice. As one of my clients said when I told him I was going to buy in to a smaller firm, "Tim, there's nothing like owning a piece of the rock!"
