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High Tech, Strategy & Analysis Article, EMC's recovery
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Article at a glance:

Leading change: An interview with the CEO of EMC

  • In this interview, Joseph Tucci describes the remarkable turnaround of a company that lost 90 percent of its stock market value in just nine months.
  • Key to EMC's recovery was the CEO's ability to make change stick by establishing an unshakable fact base, breaking the program into stages, and emphasizing the tangible, operational impact of a new strategy.
  • Tucci also devoted time to the 'softer' issues—rooting out bad behavior, subtly influencing the company's culture, and using his own position to send signals.
  • EMC's revival was the result of a fresh approach to capitalizing on its strong market position as well as a successfully implemented change program.
This article includes the following exhibit:
  • Exhibit: Biography of EMC's Joseph M. Tucci

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