Summary of Aligning the Board and Management During Corporate Transformation

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In this brief interview, Berndt Brunow, speaking with Boston Consulting Group’s Teemu Ruska, offers pearls of wisdom regarding corporate transformation. As a board member for several concerns in Finland and beyond, Brunow is certainly au fait with organizational upheaval, and he dips into his first-hand experiences to present clear, concise advice. getAbstract recommends Brunow’s insightful guidance to executives and corporate leaders who are about to steer their organization through a major transformation.

About the Speakers

Berndt Brunow is the chairman of the board of Lemminkäinen, a Finnish construction firm. Teemu Ruska is a senior partner at the Boston Consulting Group’s Helsinki office.

 

Summary

The first step in achieving a successful corporate transformation is determining the reason for the change. If a crisis triggered the upheaval, your stakeholders’ faith in the organization may have waned. In that case, you might want to rethink the makeup of your board and management team. To guide your company through the mayhem, create a “transformation office.” Assign people you trust to this team. The best candidates aren’t necessarily your top executives. Seek candidates throughout your organization: The team must represent all departments. The transformation office will need to work around the clock...


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    Emilia Mosna 2 years ago
    the video doesn't work.
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      Deirdre Cody 2 years ago
      Thanks so much for bringing this to our attention. The original video link has expired on the Boston Consulting Group's webpage. We are working to find an alternative link and will update it as soon as possible.