Leading a Turnaround with the Team You Have—Not the One You Wish For

In an ideal world, every struggling company would have a team of top-tier managers and high-performing employees ready to execute a turnaround plan. But that’s rarely the case. When a company is in trouble, instability makes it difficult to attract top talent. Often, you’re working with the same team that got the business into trouble in the first place—or a team that’s already demoralized and skeptical about the future.