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Leading Corporate Turnaround: How Leaders Fix Troubled Companies Hardcover – 16 Dec 2005


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Leading Corporate Turnaround: How Leaders Fix Troubled Companies + Corporate Turnaround (Penguin Business) + Turning a Business Around: How to Spot the Warning Signs and Ensure a Business Stays Healthy
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Product details

  • Hardcover: 248 pages
  • Publisher: John Wiley & Sons; 1 edition (16 Dec. 2005)
  • Language: English
  • ISBN-10: 047002559X
  • ISBN-13: 978-0470025598
  • Product Dimensions: 16.3 x 2.6 x 23.5 cm
  • Average Customer Review: 4.0 out of 5 stars  See all reviews (1 customer review)
  • Amazon Bestsellers Rank: 338,448 in Books (See Top 100 in Books)
  • See Complete Table of Contents

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Review

"...provides several striking examples of corporate turnarounds inrecent years..." ( Financial Times, April 2006)

"...describes real life turnarounds more extraordinary thanfiction..." (The Financial Director, June 2006)



"...provides several strikingexamples of corporate turnarounds in recent years..." ( FinancialTimes , April 2006) "...describes real life turnarounds more extraordinary thanfiction..." ( The Financial Director , June 2006)

From the Inside Flap

Having published the extremely successful CorporateTurnaround (Penguin 1999), which talks about what to do in aturnaround, the authors decided that they would undertake a newresearch project to better understand the current role ofleadership in turnaround situations. 75% of Society of TurnaroundProfessional members were interviewed and a further 10 interviewswere carried out with non–members.

"An incisive and instructive book firmly based in the (very)real world."
Jon Moulton, Managing Partner, Alchemy PartnersLLP

"As operationally focused investors, time and time again we seethe importance of leadership to the success of corporations, andparticularly to companies experiencing some form of distress. Thisbook will be of use not just to turnaround practitioners seeking todevelop their leadership skills, but also to the stakeholders whosejob it is to identify and recruit the high quality leaders neededfor corporate success."
Huw Phillips, Principal, Clayton Dubilier andRice


Inside This Book (Learn More)
First Sentence
TURNAROUND PRACTITIONERS ARE MORE OFTEN ASSOCIATED with ruthless "downsizing" rather than the more inspiring concept of leadership. Read the first page
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3 of 3 people found the following review helpful By Rolf Dobelli TOP 1000 REVIEWER on 12 April 2007
Format: Hardcover
Managing a successful turnaround is tough, and it requires tough actions by "company doctors" who gallop in to rescue companies from the brink of financial death. Although most management projects require subtlety and tact, turnarounds need quick, blunt actions, such as firing top managers or selling unprofitable divisions. Stuart Slatter, David Lovett and Laura Barlow present a blueprint for people engaged in turnarounds. Using interviews with 80 turnaround specialists in the United Kingdom, the authors make their point - often more than once. The most interesting and useful parts of this volume are the short, boxed case studies in each chapter. We recommend this informative book on a little-known business topic to creditors, attorneys, accountants, venture capitalists and curious managers, as well as to specialized consultants who may become involved in turnarounds.
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Most Helpful Customer Reviews on Amazon.com (beta)

Amazon.com: 5 reviews
6 of 6 people found the following review helpful
Turnaround tips for companies in crisis 12 April 2007
By Rolf Dobelli - Published on Amazon.com
Format: Hardcover
Managing a successful turnaround is tough, and it requires tough actions by "company doctors" who gallop in to rescue companies from the brink of financial death. Although most management projects require subtlety and tact, turnarounds need quick, blunt actions, such as firing top managers or selling unprofitable divisions. Stuart Slatter, David Lovett and Laura Barlow present a blueprint for people engaged in turnarounds. Using interviews with 80 turnaround specialists in the United Kingdom, the authors make their point - often more than once. The most interesting and useful parts of this volume are the short, boxed case studies in each chapter. We recommend this informative book on a little-known business topic to creditors, attorneys, accountants, venture capitalists and curious managers, as well as to specialized consultants who may become involved in turnarounds.
1 of 1 people found the following review helpful
Good book covering all the basics corporate turn around 7 April 2012
By Amazon Customer - Published on Amazon.com
Format: Hardcover
This is quite a specific book on a specific subject and part of the message is that corporate turnaround should be left to specialists of the matter - the authors have founded a professional organization to group the specialist turn-around executives. That said, the insights are great; and the real-life examples from the first half of the 2000's quite enlightening. Having been in one of these companies it is great to know what happened behind the curtains!
An accessible yet comprehensive foundation text for turnaround management 8 Jan. 2015
By Paul Vorbach, Sydney - Published on Amazon.com
Format: Hardcover
This is a good primer on strategic turnaround management. It introduces the reader to "7 ingredients" of a successful turnaround and aligns these against a series of process ("work streams.") There are extensive interviews (with typically European-based) chief restructuring officers and turnaround consultants to help demonstrate a key learning point in context. The book does not suffer from excessive technical jargon nor is it simplistic - it provides a sound balance between theory and practice. Since 2009, it has been the recommended text for "Strategic Management of Turnaround" subject of the TMA Certified Turnaround Practitioner qualification in Australia.
Dense but good 3 Aug. 2013
By dthomas2003 - Published on Amazon.com
Format: Hardcover Verified Purchase
This book is quite dense. As the title implies it is heavy on advice of dealing with the politics of taking control in a turnaround situation. For a complete view of the whole project I would pair with the authors other book or a couple of the other solid Turnaround guides available.
A solid follow-on to Corporate Recovery 12 Sept. 2009
By khmarks - Published on Amazon.com
Format: Hardcover Verified Purchase
This is the follow-on book to "Corporate Recovery" ...read them both if you can. Kenneth H Marks, lead author of The Handbook of Financing Growth: Strategies, Capital Structure, and M&A Transactions (Wiley Finance)
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