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  • October 2022 (Revised December 2022)
  • Case
  • HBS Case Collection

Reimagining Enel: Enabling Sustainable Progress

By: Michael L. Tushman and Kerry Herman
  • Format:Print
  • | Language:English
  • | Pages:27
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Abstract

CEO Francesco Starace is considering what is next for Enel SpA, one of world's largest energy companies. From 2014 to 2022, he has wrought a dramatic transformation at Enel, restructuring the company's business units; redeploying senior talent across functions and geographies; instigating a digital transformation; initiating a shift from Enel generating energy primarily sourced from thermal (or brown) sources (reliant on fossil fuels), to a leading provider of renewable energy. He has launched Enel X, an incubator for new products and services built on electrification, which is steadily overtaking Enel's own retail sales. He has introduced an Office of Innovability as a way to inject a culture of sustainable thinking across the company. Now he faces a possible third term as CEO. What is next for Enel and Starace?

Keywords

Leadership; Leadership And Change Management; Leadership Style; Leadership Succession; Renewables; Energy; Transformation; Renewable Energy; Business Divisions; Digital Transformation; Restructuring; Organizational Structure; Energy Industry; Europe; Latin America; North America; Spain; Italy

Citation

Tushman, Michael L., and Kerry Herman. "Reimagining Enel: Enabling Sustainable Progress." Harvard Business School Case 423-001, October 2022. (Revised December 2022.)
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About The Author

Michael L. Tushman

Organizational Behavior
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Related Work

    • October 2022 (Revised December 2022)
    • Faculty Research

    Reimagining Enel: Enabling Sustainable Progress

    By: Michael L. Tushman and Kerry Herman
Related Work
  • Reimagining Enel: Enabling Sustainable Progress By: Michael L. Tushman and Kerry Herman
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