America – game on: “Kamala Harris’ presidential campaign announced a record-breaking fundraising total of $81 million within the first 24 hours of its launch. This amount represents the largest single-day fundraising in U.S. presidential campaign history. The campaign highlighted that over 888,000 individual donors contributed to this sum, with 60% making their first donation of the 2024 cycle. This financial support comes after President Biden’s endorsement and withdrawal from the race, indicating strong grassroots backing for Harris.”
Think about that business or mission, what do you need to have a reset? If the Democratic party thrives on this experiment, this could be one of the best cases of organizational transformation. If the goal is for the company to execute its strategic objectives, you holding that position, does it help the firm? Here, the goal of the Democrats is to win, and the incumbent made way for them to improve their odds. And just like that, there is a new record of beating Obama on raising money! Massive reset there.
What are lessons for sit-tight CEOs? Of course, you may argue that it may be better to wait for November before writing the cases. Yet, bear with me as we discuss leadership and impacts in markets, even when that market is a political market where the products are ideas and perceptions, and the currency is votes.
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Many organizations need RESETS because change can renew visions. As always, May The Best WIN.
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