Today in the "Managing " section of the Wall Street Journal is an interview with CEO Philip Schoonover on managing the turnaround of Circuit City. In the article he lists "5 Tips" on managing a turnaround, and when I read them, I realized immediately that they could apply to most of the non-profit or religious organizations going through various transitions today. For some, it's the transition to a second generation leader, for others it's moving from a publically known or famous leader to an unknown leader, and for others, it's simply the desire to re-brand. Whatever transition you face, Schoonover's ideas are worth the read. I've added my take specifically for non-profits and faith-based organizations after each one: ... read more
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