Navigating Business Breakups: Strategies for Success | S5E10

Growing your business with People

In this episode, Jeff Lackey interviews Donna Starr, the former Vice President of Talent Acquisition at CVS Health, about the challenges and dynamics of corporate breakups from both the client and vendor perspectives.
They discuss the importance of preserving relationships, even after severing a contract, and how transparent communication and trust are key to maintaining successful partnerships.
Donna shares her experiences and insights on navigating the stages of grief, handling difficult conversations, and building authentic relationships in the business world.
She is also the author of the book "Unsuccessfully Successful" and is a certified executive coach.
For more information about Donna, visit: https://dstarconsultants.com/
Key Takeaways:

• Business breakups are personal and can have a significant impact on both parties involved.
• Transparent communication and trust are crucial for preserving relationships after a contract is severed.
• Leaders should take responsibility for their role in the breakup and show empathy towards their teams.
• Authentic relationships with vendors can lead to more successful partnerships and better business outcomes.
• Ethical capitalism involves considering the impact on all stakeholders, including vendors and suppliers

Special thanks to all those who encouraged me to do this podcast, with a special thanks to my son Jeffrey who challenged/inspired me to do this podcast, Vinnie and Emmett who have helped to post and promote it, and Aubrey who has provided me with good, constructive feedback along the way! Love, Dad