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100 More Great Leadership Ideas by Jonathan Gifford

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REMEMBER THE HERITAGE

 

The idea

In the early 2000s, Anne Mulcahy was appointed CEO of Xerox, at a time when the company seemed headed for inevitable bankruptcy. Mulcahy, a long-term Xerox employee, made it her personal mission to turn the company around. The company’s banks were sceptical of Mulcahy’s ability to save the business and safeguard their loans. One lender told her that she would not be able to transform the company’s finances until she changed its culture. As

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