Whether it's running a multinational company or a family business, being the CEO requires a special set of skills. The demands are even greater for those taking the helm at a struggling company. A turnaround boss needs to have a clear action plan and goals, a realistic timeline, and the support of the company's board and senior managers.

Even the best strategy, however, needs to be accompanied by financial results, whether it’s greater market share, larger profits, a higher stock price, or preferably all three.

Few can rival the success of Apple's Steve Jobs, who returned to the company he founded, transforming it into the most profitable technology player in the world. Not all turnaround stories have a happy ending, however. After starring at Autodesk, Carol Bartz was brought into revive Yahoo! Her vision had a promising start, but a disappointing ending — she was ousted by the board, and the company remains adrift.

Click here to see the CEOs >

This post originally appeared on CNBC.

Whether it's running a multinational company or a family business, being the CEO requires a special set of skills. The demands are even greater for those taking the helm at a struggling company. A turnaround boss needs to have a clear action plan and goals, a realistic timeline, and the support of the company's board and senior managers.

Even the best strategy, however, needs to be accompanied by financial results, whether it’s greater market share, larger profits, a higher stock price, or preferably all three.

Few can rival the success of Apple's Steve Jobs, who returned to the company he founded, transforming it into the most profitable technology player in the world. Not all turnaround stories have a happy ending, however. After starring at Autodesk, Carol Bartz was brought into revive Yahoo! Her vision had a promising start, but a disappointing ending — she was ousted by the board, and the company remains adrift.

Click here to see the CEOs >

This post originally appeared on CNBC.

I don't particularly care for his art. It's called First Trolley to Van Nuys and shows the center of a town filled with people. It's too bad my parents didn't let her play football with the boys and I used to tease her relentlessly and pull her pigtails whenever I got the chance. It's of a swamp house on a bayou and has a Louisiana feel to it. I personally don't have any of these in my collection, since I like to collect pieces that I can relate to.The painting that has touched me the most features a sad little girl and is called A Letter From My Mother. I don't know whose smile is bigger, the one in the painting or the one on my face every time I look at it.....

The demands are even greater for those taking the helm at a struggling company. A turnaround boss needs to have a clear action plan and goals, a realistic timeline, and the support of the company's board and senior managers.Even the best strategy, however, needs to be accompanied by financial results, whether it’s greater market share, larger profits, a higher stock price, or preferably all three. Not all turnaround stories have a happy ending, however. Whether it's running a multinational company or a family business, being the CEO requires a special set of skills. After starring at Autodesk, Carol Bartz was brought into revive Yahoo! Her vision had a promising start, but a disappointing ending — she was ousted by the board, and the company remains adrift. Few can rival the success of Apple's Steve Jobs, who returned to the company he founded, transforming it into the most profitable technology player in the world.Even the best strategy, however, needs to be accompanied by financial results, whether it’s greater market share, larger profits, a higher stock price, or preferably all three. Not all turnaround stories have a happy ending, however. Whether it's running a multinational company or a family business, being the CEO requires a special set of skills. After starring at Autodesk, Carol Bartz was brought into revive Yahoo! Her vision had a promising start, but a disappointing ending — she was ousted by the board, and the company remains adrift. Few can rival the success of Apple's Steve Jobs, who returned to the company he founded, transforming it into the most profitable technology player in the world.Even the best strategy, however, needs to be accompanied by financial results, whether it’s greater market share, larger profits, a higher stock price, or preferably I have loved folk art paintings since I was a child.Another painting that I admire is called Howard in 1944. It was painted in 1988 by Reverend Howard Finster and is done in enamel. I don't know whose smile is bigger, the one in the painting or the one on my face every time I look at it. Now we're very close. I'll find someone to give it to.One of my favorite paintings was done in 1962 by Bill Dodge. When she died, she left me the painting and it hangs in a place of honor over my fireplace mantle. She looked so relaxed, that I could imagine what it felt like to lie there myself. I spent a lot of time playing in my tree house, that the trees in the picture appealed to me so much. It's a beautiful painting but it's just too depressing to hang anywhere. It's of a swamp house on a bayou and has a Louisiana feel to it. It's called First Trolley to Van Nuys and shows the center of a town filled with people. It is done in vibrant colors and also depicts the buildings in the market like an ice cream parlor and the Hotel Van Nuys. It's pretty funny to me that when we were growing up, she'd cry because she wasn't allowed to play football with the boys and I used to tease her relentlessly and pull her pigtails whenever I got the chance.There is a water

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Whether it's running a multinational company or a family business, being the CEO requires a special set of skills. The demands are even greater for those taking the helm at a struggling company. A turnaround boss needs to have a clear action plan and goals, a realistic timeline, and the support of the company's board and senior managers.

Even the best strategy, however, needs to be accompanied by financial results, whether it’s greater market share, larger profits, a higher stock price, or preferably all three.

Few can rival the success of Apple's Steve Jobs, who returned to the company he founded, transforming it into the most profitable technology player in the world. Not all turnaround stories have a happy ending, however. After starring at Autodesk, Carol Bartz was brought into revive Yahoo! Her vision had a promising start, but a disappointing ending — she was ousted by the board, and the company remains adrift.

Click here to see the CEOs >

This post originally appeared on CNBC.

Whether it's running a multinational company or a family business, being the CEO requires a special set of skills. The demands are even greater for those taking the helm at a struggling company. A turnaround boss needs to have a clear action plan and goals, a realistic timeline, and the support of the company's board and senior managers.

Even the best strategy, however, needs to be accompanied by financial results, whether it’s greater market share, larger profits, a higher stock price, or preferably all three.

Few can rival the success of Apple's Steve Jobs, who returned to the company he founded, transforming it into the most profitable technology player in the world. Not all turnaround stories have a happy ending, however. After starring at Autodesk, Carol Bartz was brought into revive Yahoo! Her vision had a promising start, but a disappointing ending — she was ousted by the board, and the company remains adrift.

Click here to see the CEOs >

This post originally appeared on CNBC.