Trust, confidence, leadership - but the greatest is vision.
I have been the leader/CEO through three institutional turnarounds over the last 25 years. One was a megachurch and two were universities. While each one was unique in some of its challenges, there were issues as well as leadership and management tools that were common and applicable to all three.
Calvary Church in Orlando, FL, had been a beacon of spectacular growth in the 1970s. High-octane worship, cutting-edge innovation and unbridled hubris were the volatile cocktail that first fueled Calvary – then blew it to pieces. Scandal rocked it like a bomb before steady decline dragged it into debt, diminished attendance and finally, bankruptcy.
Read more from this Church Executive article here.