Lewis B. Campbell is the former CEO of Textron. He received a BSE from Duke University in 1968.
In 1998, Campbell was appointed chief executive officer. Campbell believed in the “core business” model, and divested from Avco Financial Services. With this complete, Campbell began development of a new strategic framework for Textron aimed at creating new operational efficiencies and sharing best practices across the whole organization.
Beginning in ...
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Lewis B. Campbell is the former CEO of Textron. He received a BSE from Duke University in 1968.
In 1998, Campbell was appointed chief executive officer. Campbell believed in the “core business” model, and divested from Avco Financial Services. With this complete, Campbell began development of a new strategic framework for Textron aimed at creating new operational efficiencies and sharing best practices across the whole organization.
Beginning in 2000, Campbell engineered a transformation of the company that included a company-wide restructuring program to increase efficiency of operations; the consolidation of several manufacturing facilities; outsourcing of non-core production; and careful attention to product development across the company to determine whether each was appropriate for the portfolio; divestiture of non-core units. This set Textron down a new path, focusing on operational excellence and management of strong portfolio brands.
The application of Six Sigma principles,...
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