It took Jobs a while to turn Apple around. He was brought back on in 1997 and profits were relatively minimal for almost a decade. It wasn't until the release of the iPhone that they really started to soar.
I can think of a few faster turnarounds: Lee Iacocca at Chrysler or Gerstner at IBM. Howard Schulz is another example of a founder returning to the company to turn it around.
Some of these have done a better job than others of lasting through the turnaround CEO (and others it's too soon to tell).
I can think of a few faster turnarounds: Lee Iacocca at Chrysler or Gerstner at IBM. Howard Schulz is another example of a founder returning to the company to turn it around.
Some of these have done a better job than others of lasting through the turnaround CEO (and others it's too soon to tell).