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" ... It was at that point that my co-founder Andrea, previously our COO, and our then CFO, Joanna, offered to start the reorg process by changing their own titles. I still look back at this as a testament to the character of these two. They put the team and our mission ahead of their egos, and that still makes my heart so damn happy. ... "
" ... No matter what, do not lie. Lying destroys credibility and creates an atmosphere of distrust that can thwart the best efforts in a reorg. ... "
" ... Nurture the iterative process. No design-thinking exercise is complete without testing and fine-tuning the proposed changes. This typically unfolds over several refinement cycles. Similar to product-market fit, there are some tells to validate when the change is successfully taking effect. When people are coming together to create products, develop business models or reorg teams — when connection is happening throughout the process — people are energized. New ideas are abuzz, stronger relationships are forming and the environment feels more inclusive, authentic and meaningful. ... "
" ... This is because by almost any stretch of the imagination, shares in Hertz should already be considered worthless — with equity holders so far down the totem pole that they would be foolish to believe a Hertz reorg would leave them with any value whatsoever. ... "
" ... • Vision: Communication is a huge ingredient in making sure your strategy lives in every nook and cranny of your organization. Communication helps enable accountability and buy-in to build your culture of commitment to execution. While too many businesses look to reorg or rethink incentives, highly successful organizations focus their change management on putting their culture to work. ... "