Tesco's missteps with its foray into United states of America and its accounting misadventures are unfortunate. Equally unofrtunate is the fact that the new CEO seems to focus on these negaitive events and fails to provide inspiration to the employees on the ground. Any large multi national corporattion would have to go through these challenges. However, it must be prepared to meet these challenges. It is very important for the leadership to handle this crisis without any impact to the operations of the organization. Employees need focus at a time of crisis so that they can keep the engine running. They do not need to know what went wrong in a part of the organization that they were not involved with. The leadership needs to provide the confidence that they can go past the crisis. The leadership also needs to bring the focus to the opportunities that lie ahead and abstract all the negativity around the crisis. In all this crisis, one interesting question that comes out is ...
Chronicling experiences of a business principal in consulting