CNN's Leadership Quagmire! Biz Doc's Lessons in Organizational Transplants
June 15, 2023
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8:41Now PlayingCNN's Leadership Quagmire! Biz Doc's Lessons in Organizational Transplants
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as posted by the channelIn this Biz Doc clip, The Biz Doc references a tweet by Professor Scott Galloway (AKA Prof. G), who suggests that the reason for Licht's failure was not his execution of the job, but rather the way CNN was perceived in the current cable news environment. The Biz Doc describes Licht as a respected individual known for his work in media but points out that he may not have been the right person to turn around a news organization like CNN. Tom goes on to share his own experience with leading a turnaround in a small technology company and emphasizes the importance of winning the support of the team, equipping the new leader for success, and being visible and accessible to the impacted individuals on said team. In the end, Tom concludes that this CNN case serves as a study of how an organization may not be adequately prepared for a leadership change and may end up bringing in the wrong person for the job. Despite the failure, Biz Doc believes Licht will land on his feet and succeed in the future.
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