If your business is on fire and threatening to burn to the ground by a specific date, you need a turnaround. If there’s smoke -- the death of a key partner, the loss of a big customer -- but nothing has burst into flames yet, your business is distressed. Either way, you need to do something, now, before trouble sparks and ignites.

On today’s show, CEO Coaching International coach Chris Larkins walks us through five steps to extinguishing trouble before it engulfs your business.

On this episode, Dr.  Marshall Goldsmith discusses the dangers of turning your business into a competition, and how effective CEOs learn to prioritize positive, impactful actions over winning trivial, and potentially harmful, victories.