All articles tagged with #corporate turnaround
Goodyear CEO Mark Stewart is pushing a premium-focused turnaround strategy, but the company faces significant cash flow challenges, a 50% stock decline, and missed margin targets despite cutting $1.5 billion in costs.
Fortune’s Claire Zillman portrays Bari Weiss’s bid to remake CBS News as a dramatic disruption that has unsettled staff and toppled talent, including the firing of 60 Minutes’ longtime producer Scott Pelley, without a clear, shared plan for what comes next. Experts warn that sweeping upheaval often backfires; durable turnarounds require a clear why, incremental changes, transparent milestones, and a focus on preserving core strengths while gradually pursuing a streaming-focused future. The piece argues CBS should pursue a learning-driven, drama-free overhaul rather than detonating the organization, or risk eroding audience trust and the crown-jewel programs that anchor the network.