Pennies From Heaven Strategic Turnaround at J.C. Penney
The case discusses the formulation and implementation of the strategic turnaround of J.C. Penney, a major U.S. retailer, by Ron Johnson, a star executive who previously led the creation and expansion of the Apple Store. The turnaround is bold and far-reaching, raising questions about whether it will work or not.
Collection: IESE (España)
Ref: SM-1665-E
Format: PDF
Number of pages: 22
Publication Date: May 10, 2018
Language: English, Spanish
Description
The case discusses the formulation and implementation of the strategic turnaround of J.C. Penney, a major U.S. retailer, by Ron Johnson, a star executive who previously led the creation and expansion of the Apple Store. The turnaround is bold and far-reaching, raising questions about whether it will work or not.
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Year: 2012-2013
Geographic Setting: Estados Unidos
Learning Objective
The case allows for a rich discussion of both strategy formulation and implementation, questioning whether the two can be separated and treated independently. It can also be valuable for discussions on leading organizational change.
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"Pennies From Heaven Strategic Turnaround at J.C. Penney"
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