Corporate Turnaround/Rejuvenation Management | |
During a recent meeting with a prospective client I was asked how I would approach a turnaround situation for a possible engagement. Although we often hear the phrase “turnaround management”, owning and running a business on the decline can be overwhelming. Creating and implementing a turnaround strategy and plan by following a systematic approach will often lead to a successful execution and profitable recovery. Turnaround management is “a process dedicated to corporate renewal”. It uses analysis and strategy to give business owners and management the guidance to revitalize distressed companies and return them to solvency. When analysis is completed, a long-term strategic and restructuring plan is created. Once approved by ownership/management, turnaround interim managers begin to implement the plan, continually reviewing its progress and making changes to the plan as needed. #CorporateTurnaround | |
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Target Nation: All Nations Target City : USA Last Update : 19 December 2023 10:59 AM Number of Views: 59 | Item Owner : Corporate Turnaround Contact Email: Contact Phone: (None) |
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