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0.000428924606262295 0.000536694607835792 0.00333871464874534 0.00118331461727647 -0.003234177747219 -0.00641447049365118 -0.00679166549915819 -0.006468355494438
Stock impact report

Refounding: The Turnaround Strategy Leaders Haven't Been Taught [Forbes]

Target Corporation (TGT) 
Last target corporation earnings: 3/3 06:30 am Check Earnings Report
US:NYSE Investor Relations: investors.target.com
Company Research Source: Forbes
The business press noticed something beyond the usual turnaround narratives. Headlines spoke of companies that had "lost their magic," "lost their sparkle," or "lost their way." Those headlines caught the attention of Jon Iwata, former IBM Senior Vice President and now Executive Fellow at Yale School of Management. In a new research paper , "When Companies Forget Who They Are: The Work of Refounding," Iwata argues that something more profound than strategic missteps explains these struggles. These companies, he proposes, have experienced "an erosion of distinctive character.” As a result of that decay, they have forgotten who they are. His research suggests such companies don't need transformation. Instead, what they need is to remember who they are. Drawing on nearly 200 in-depth CEO interviews conducted since 2020 by Yale's Program on Stakeholder Innovation and Management, Iwata makes a compelling case that the conventional turnaround playbook (restructuring, portfolio reshaping Show less Read more
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