The Human Element in Turnarounds
Turnaround Expert Rodrigo de Oliveira has learned that to drive lasting change, it is all about the people
In the realm of turnarounds, the human element is indispensable. Success hinges on the ability of leaders and employees to embrace change, build trust, and foster the right qualities. As a human capital consultant, I've found that addressing these aspects is crucial for unlocking transformative outcomes. I recently had a conversation with Rodrigo de Oliveira, former Chief Operations Officer at Greenlane Holdings, a leading distributor of ancillary products and services to the legal cannabis and CBD industries. He shared invaluable insights from his turnaround experiences.
The Cornerstones of Turnaround Success
de Oliveira believes that awareness, transparency, and collaboration form the foundation of a successful turnaround. Leaders need to grasp the organization's culture and engage in open dialogue with key stakeholders, laying the groundwork for a strategic approach to operational excellence. He advises defining "operational excellence" for each organization and allocating resources …
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