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The lessons from 'Who Says Elephants Can't Dance?' can be applied in today's business environment in several ways. Firstly, the book emphasizes the importance of strong leadership in turning around a failing business. This is still relevant today as businesses often face challenges that require decisive and effective leadership. Secondly, the book highlights the need for businesses to adapt to changing market conditions. In today's rapidly evolving business environment, this lesson is more important than ever. Lastly, the book teaches the importance of maintaining financial discipline, which is crucial for any business to survive and thrive.
Question was asked on:
When his tenure started, there was a flurry of activity cleaning up financials and working with investment bankers to prepare for individual IPOs. He quickly put an end to that and began making a series of tough decisions to stop the "hemorrhaging of cash" and maintain a quickly-eroding market share.
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Learn from one of the best turnaround leaders of our time, Lou Gerstner of IBM. Take a page from Gerstner’s playbook on how to reinvigorate a quickly...
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