Posts Tagged ‘portfolio’

Trenton has the feeling of a business on the skids

The following is an excerpt from “Leading a Turnaround” by Harvard Business School professor, Rosabeth Moss Kantor:

In organizations in decline, a kind of learned helplessness sets in. Secrecy, blame, isolation, avoidance, passivity, and feelings of helplessness combine to perpetuate the poor performance.

This “death spiral” typically starts when a company begins to neglect the fundamentals—for example, letting communication deteriorate, starting to pull decision making back into the hands of smaller and smaller groups that make decisions behind closed doors. This undermines the organization’s problem-solving capability.

If you didn’t know this was from a study of poorly performing businesses, you’d think it was Trenton. Read the rest of this entry »