Inside The Mentoring Round, Deanna Strable revisits some pivotal moments that reshaped Principal Financial Group’s strategic direction. A key decision was exiting certain underperforming businesses, a result of a comprehensive strategic review conducted in collaboration with the board. Strable emphasizes the importance of focusing on a combination of metrics rather than a singular financial figure, noting that perfection is often unnecessary. She also highlights the need for continuous, detailed analysis to uncover insights often masked by broader metrics. Additionally, Strable stresses the importance of external interactions, as they offer fresh perspectives, especially after many years within the same organization.
