Is Your Organization a “House on Fire”?
Is Your Organization a “House on Fire”?
News and business headlines continuously report on organizational crisis like downsizing, layoffs, overleveraged balance sheets, undercapitalized businesses, and bankruptcy. These are technical terms for the simple and traumatic reality of crises threatening an organization’s very existence. It hits all sizes of businesses, non-profits, higher education and municipalities.
Often these stories explain not just the immediate threat to solvency, but trace the decline to past actions, poor decisions, overwhelming competitive or environmental threats, or missed opportunities. These challenges were often visible in the rearview mirror, but not comprehensively addressed, or taken seriously along the way. (more…)