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– DONNA KARAN INTERNATIONAL
The Challenge: Facing tremendous
opportunity in the marketplace, the company’s internal reality
was that it was perilously close to insolvency. The founders controlled
the creative process, but the shareholders were demanding accountability.
And the board was experiencing frustration while working with
the founders to hire a new CEO.
The Process: Sarkady was brought
in to be the personal leadership coach for the founder and the
chief designer. At the same time, Sarkady began advising board
members and other senior executives. The first item of business
was to bring the board together as a functioning body.
Concurrently, we convened a cross-functional team of managers
inside the company to cut costs and identify areas ripe for re-structuring. more>>
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