In this book, we have seen the power of a CEO’s strategic mindset to change the company’s culture, strategy, and operations – which ultimately improved the company’s performance and prospects. Here are some examples of how that dynamic operated:
From company Head in the Sand decline to Fast Follower growth: In 2012, when Hubert Joly took over as Best Buy’s CEO, the company was losing ground to Amazon and posted a huge loss. By the time Joly handed over the reins to his successor in 2019, the company was earning a profit, and its stock had soared ...
