Leading Corporate Turnaround

Leading Corporate Turnaround PDF

Author: Stuart Slatter

Publisher: Wiley + ORM

Published: 2011-01-19

Total Pages: 278

ISBN-13: 1119995299

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Leadership is never more crucial than when corporate survival is at stake. But the days of the tough guys are over. The leaders who are driving todays sustainable turnarounds understand that the answers to a distressed companys problems lie almost always within the firm itself usually at middle manager level and below. The secret is cooperation. Drawing on interviews with top company doctors and advisers, as well as on the authors own experience, Leading Corporate Turnarounds explores seven key leadership and management skills required for successful turnaround, and shows why quickly gaining the buy-in and trust of all stakeholders is the key to ultimate success. Written by the founding directors of the Society of Turnaround Professionals (STP), with a proposed Foreword by the Societys Patron Sir John Harvey-Jones Considers the different drivers of turnaround, the alternatives to it, and the restructuring processes required to move beyond crisis stabilization to sustainable change Features international case studies from leading companies including BT, Virgin Express, Arthur Andersen, Parmalat, GE, Lee Cooper, New Look and IBM

Corporate Turnaround

Corporate Turnaround PDF

Author: Stuart Slatter

Publisher: Penguin UK

Published: 1999-03-25

Total Pages: 352

ISBN-13: 0141927003

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When firms are on the brink of failure, only turnaround management can restore performance and profitability. The key is to provide stability and create cash (and a breathing space) for building long-term success. This fully revised edition provides practical advice on restoring confidence through effective leadership and planning. It highlights the importance of communication with stakeholders, staff, customers and suppliers, and how best to structure the capital base of an organization in order to fund recovery and future growth. Essential reading for chief executives, consultants and merchant bankers (as well as investors tracking the progress of ailing businesses), this book offers a definitive set of tools and techniques.

Leading Corporate Turnaround

Leading Corporate Turnaround PDF

Author: Stuart Slatter

Publisher: John Wiley & Sons

Published: 2006-02-03

Total Pages: 261

ISBN-13: 047002559X

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Leadership is never more crucial than when corporate survival is at stake. But the days of the tough guys are over. The leaders who are driving today’s sustainable turnarounds understand that the answers to a distressed company’s problems lie almost always within the firm itself – usually at middle manager level and below. The secret is cooperation. Drawing on interviews with top company doctors and advisers, as well as on the authors’ own experience, Leading Corporate Turnarounds explores seven key leadership and management skills required for successful turnaround, and shows why quickly gaining the buy-in and trust of all stakeholders is the key to ultimate success. Written by the founding directors of the Society of Turnaround Professionals (STP), with a proposed Foreword by the Society’s Patron Sir John Harvey-Jones Considers the different drivers of turnaround, the alternatives to it, and the restructuring processes required to move beyond crisis stabilization to sustainable change Features international case studies from leading companies including BT, Virgin Express, Arthur Andersen, Parmalat, GE, Lee Cooper, New Look and IBM

Corporate Turnaround Artistry

Corporate Turnaround Artistry PDF

Author: Jeff Sands

Publisher: John Wiley & Sons

Published: 2020-02-11

Total Pages: 208

ISBN-13: 1119539994

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How to steer your business through times of financial distress and achieve sustained profitability Corporate Turnaround Artistry is a complete guide for entrepreneurial companies in times of financial distress—presenting effective strategies and proven methods to revive and rehabilitate your business. Uncertain economic times have significantly altered the financial resources available to struggling businesses. Narrowing margins and mounting internal and external pressure has taken their toll on many companies. Fortunately, most businesses can be repaired while maintaining their existing revenue structure. Offering practical steps that go beyond simple cost-cutting and sales-building advice, this invaluable guide teaches you how to control cash, secure financial relief, and develop a comprehensive turnaround plan that your employees, customers, and creditors will support. Business leaders and entrepreneurs often fall into the trap of assuming new debt when tough times strike. Author and Certified Turnaround Practitioner Jeff Sands shows that to many struggling businesses, more money is no longer the answer to the problem. Expert advice on topics including cashflow stabilization, short and long-term profit sustainability, lean management techniques, and more, provides the framework to timely and efficient corporate turnaround. From identifying the initial cash crisis to meeting with creditors and developing a plan, this essential resource will help you: Stabilize your financial liabilities and re-structure your debt Implement effective turnaround strategies without significant changes to your corporate structure Preserve the positions of your current employees and their community Give yourself a fresh start with a lean and agile business Thousands of businesses fall into financial stress every year—oftentimes in sudden and dramatic fashion—leaving CEOs and owners asking the question “How do I save my business”? Corporate Turnaround Artistry: Fix Any Business in 100 Days provides the answer.

The Small Business Turnaround Guide

The Small Business Turnaround Guide PDF

Author: Sandy Steinman

Publisher: Morgan James Publishing

Published: 2012-07-31

Total Pages: 299

ISBN-13: 1614482586

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There is probably nothing more exhilarating, nothing that gets one’s adrenalin flowing than when a business owner’s plans come together and the business becomes a reality. The feeling of being “your own boss” brings on genuine euphoria. The proud new business owner is walking on air. Unfortunately, there is not always a happy ending. All too soon reality sets in and it is not always pretty. Reality takes the form of bills that have to be paid, customers who have to be satisfied and payroll deadlines that have to be met. These shattered dreams are not unusual. According to the United States Census Bureau 10% of United States businesses close each year and with them come shattered dreams and shattered lives. But it doesn’t have to end this way. In "The Small Business Turn Around Guide: Take Your Business From Troubled To Triumphant," Sandy Steinman gives struggling business owners hope and he takes them through the steps to implement processes that solve the most common small business problems. These are the same processes that Steinman has actually implemented and which have added millions of dollars to his client companies’ bottom line. Additionally, he makes available at no cost, the spreadsheets and forms that are integral to the successful turnaround of your individual business. If you are a small business owner and are struggling with cash shortfalls. employees who are unmotivated and have no idea what is expected of them, reports that are not actionable, or dozens of other issues common to other struggling business owners, "The Small Business Turn Around Guide" is for you. From the moment you read the first chapter and learn how to stop the bleeding and how to get control of your cash, you will know that there is real hope for your situation.

Leading School Turnaround

Leading School Turnaround PDF

Author: Kenneth Leithwood

Publisher: John Wiley & Sons

Published: 2010-07-13

Total Pages: 310

ISBN-13: 0470767170

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LEADING SCHOOL TURNAROUND Leading School Turnaround offers new perspectives and concrete, evidence-based guidelines for the educational leaders and administrators faced with the challenge of turning our low-performing schools around. Using the tools outlined in this groundbreaking book, school leaders can guide their schools to higher levels of achievement and sustained academic success. Based on research conducted in the United States, Canada, and England, Leading School Turnaround addresses in three parts the dynamic context of the turnaround environment, what turnaround leaders do, and the incredible challenges of moving from turnaround to "stay around." Filled with illustrative examples, the book outlines the best practices and behaviors successful turnaround leaders exercise. The authors include detailed information for applying the four main categories of turnaround leadership: direction setting, developing people, redesigning the school, and managing the instructional program. This important resource can help any school leader get their school back on the track to academic success.

Turnaround

Turnaround PDF

Author: James Martin

Publisher: JHU Press

Published: 2009-01-01

Total Pages: 324

ISBN-13: 080189882X

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Nearly one thousand colleges and universities in the United States face major challenges—from catastrophic hurricanes to loss of accreditation to sagging enrollment. What can leaders of such at-risk institutions do to improve their situation? Turnaround gives college and university leaders the tools they need to put their fragile institutions back on a path to success. This comprehensive handbook outlines how board members, presidents, and administrators can identify their institutions' weaknesses, implement plans for improvement, and mitigate existing damage. Turnaround also identifies the legal pitfalls that often accompany institutional change, offering solutions for how to overcome such obstacles or avoid them altogether. Evaluating the experiences of two hundred college leaders, the contributors share such critical information as: • 20 indicators of institutional vulnerability • 10 necessary skills for presidents directing a turnaround • 5 characteristics of institutions that have completed successful turnarounds • 10 lessons of successful turnarounds Featuring candid advice from decision makers who have faced severe challenges, Turnaround is a valuable resource for college and university leaders facing tough times.

Successful Corporate Turnarounds

Successful Corporate Turnarounds PDF

Author: Eugene Finkin

Publisher: Praeger

Published: 1987-04-21

Total Pages: 0

ISBN-13: 0899302327

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If you work for an organization that is having financial and operating problems, this book will seem like a breath of fresh air. The author has had practical line experience with two major industrial firms, and his suggestions for improving inventory, manufacturing, marketing, finance, and technology are down to earth and practical. Most important they can be implemented. In fact, this publication would be a good handbook for managers of manufacturing companies that are doing well because every operation can be improved. Management Accounting This no-nonsense book, written by a working expert in the field, focuses attention on the most crucial elements of a successful turnaround and the methods that can be used to identify and solve problems quickly. Finkin offers a practical working approach which slices away the usual theoretical abstractions. He clearly details the approaches and actions needed to achieve a successful turnaround for all major functional areas. Communication and its importance in developing commitment to the turnaround, as well as the roles played by government, organized labor, and the media in assisting or impeding the turnaround process are given Finkin's considered scrutiny. The reader is effectively guided step-by-step through the turnaround process and is given the understanding needed to judge the ability of the players and the appropriateness of their tactics.

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