Companies aiming for significant performance improvements may have tried top-down or bottom-up approaches to transformation—either relying on senior management alone or on programs that seek to change employee mindsets. But there is a third way. Our recent experience with organizations across industries and geographies reveals that a team-centric approach to transformation ushers in lasting, significant gains.
A new survey shows that in health care, financial services, and consumer products, companies develop products and services that overlook the needs of women. This is a significant missed opportunity, given that women manage $32 trillion in global spending and are projected to control 75% of discretionary spending.
President-elect Donald Trump on Thursday voiced his support for the dockworkers union before their contract expires next month at Eastern and Gulf Coast ports, saying that any further “automation” of the ports would harm workers.
Evonik is implementing a new segment structure and adopting a significantly leaner management model. The company’s business lines, previously grouped into four divisions, will now be led directly by members of the Executive Board.
In August 2024 Kemira announced changes to its operating model and leadership team to better meet its profitable growth ambitions. The design phase of the new operating model and organizational structure started in August and is now completed. The number of Kemira employees will remain approximately the same even if many roles and responsibilities will change.
