and it was not long ago that Martha Stewart Living Ooumnimedia (MSLO) seemed doomed to failure. The Kmart, the largest port for home Lmentjat licensed, in Chapter 11, and the closure of hundreds of shops. Magazine, is being challenged by a new rival upstart rival Rosie O'Donnell. Major TV stations cancel display their daily lives and the critics were saying that the offer does not end the season. Is the leader of their companies to resign by the Securities and Exchange Commission. After more destructive, and Martha headed to prison.
with declining sales, vanishing profits, and stock prices go down, few gave the business a great opportunity for local singer to stay alive.
Fast forward to the year 07. You no longer see the company on the brink of elimination. Daily television program renewal is to get these respectable rates and advertisers, which was renovated in 08. The second exhibition, specializing in food, is seen in a television program, a radio program was started for the first time last week. Magazine has grown into one of six specialized magazines, both among the highest in their own species. In addition to continuous production line Kmart, MSLO has agreements to expand its product line of high-end retail stores, and Macy's and craft marketing Michael. The new projects, furniture, flowers, and even Martha Stewart housing developments.
, and most of all, the company's revenues this impressive now, is more than 50%.
This shift
saidBen Franklin once said, "What happens is not as important as how you can respond to what is happening." Despite a bevy of unfortunate events, Stewart appeared consistently in the future. The company saw a prosperous entity with tremendous growth and maintained his public persona on an equal footing to see her success. Never frown. always smiling. Martha looked to the distant future overlooking what I saw temporary inconveniences.
beganthings can turn around Martha while in prison. Susan Lin, head of the then learned of Disney / ABC Entertainment retreat, launched by the copper ABC. The president complained about it suspended restore the network on the two shows to be aired after which they have a little hope: "Lost" and "Desperate Housewives."
During his visit to Martha in the state of West Virginia have a prison, the two will immediately become friends. Admire Martha Lane work history of 25 years, and decided she the right person to lead the company in the future. Lin took over as head of MSLO and quickly gaining recognition is incredible: that advertising-old named "Executive of the Year", will the Wall Street Journal call her "top women to watch in corporate America."
five basics of leadership
knowntop business leaders such as Martha Stewart for five basic qualities:
1. pursue your purpose with passion. Anyone that knows Martha knows MSLO is the real purpose of her life. No two breathing without her ideas taken.
2. established practice values. Each side of a great leader who is not on a solid value, but all great leaders have one or more of the solid values on which they focus. Martha, her company is all about high quality products to improve the lifestyle at a great value. No one can deny these qualities drive actions.
3. Lead with your heart as well as your head. Martha rumors about right. For the most part, she sees people as a commodity. I did not say it shows the heart to help these people work her or her to be successful. However it is more than the success of a team of individual success.
4. relations relating founded. Its relationship with Kmart partnership symbolizes her mind. When Kmart filed for bankruptcy, Martha could easily have gone to another retailer with her products. It remained loyal and are created with the help of this loyalty Kmart out of Chapter 11.
5. show self-discipline. Self-discipline is reflected Marta that have a hard focus on the products and the demand for consumer goods. Little time taken by Stuart activities not related one way or another have MSLO business.
MSLO success is a lesson for all professionals and businessmen. Whether leading a Fortune 500 company or a single LLC employee or conspiracy of the individual or departmental growth, the five imperatives of leadership provides a roadmap for the lifestyle and behavior that lead to success.
* "Five Fundamentals of Leadership" is taken from leadership in the modern world, © MaxImpact, Http://www.getmaximpact.com . (Used with permission).
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