What shall we do as managers when we must operate in unstable times when the reassurance we desire is absent and the uncertainty of today promises an unpredictable tomorrow?" Corporate management is living through the Chinese curse of 'may you live in interesting times' as they contemplate their exposure both directly and indirectly to the almost unprecedented turbulence in the global markets. This short book explains how to approach management in turbulent operating conditions and what to do if your company encounters distress. It is based around turnaround specialist Anthony Holmes's 7 principles of crisis management. This book is not a comprehensive guide to survival but illuminates the dark areas that create fear of the unknown and explains how to recognise them, how to mitigate their impact, what is feasible, when to seek help and from whom, and where to look for the green shoots of recovery. The book will draw on the experience of corporate turnaround specialists and case histories of previous crises to extract those techniques relevant to today's commercial environment and identify those that may seem logical but should be avoided. The intention is to prevent incumbent management from having to begin at the bottom of the learning curve and try to rediscover under pressure those techniques and processes that have been irrelevant and forgotten over the 18 years since the last systemic crisis.
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Anthony Holmes' sparkling wit, timely advice and practical tips were like rays of sunlight through the clouds. There may be stormy times ahead, but I am sure, Anthony's excellent navigation tips, will help steer entrepreneurs into safe water.Upon meeting Anthony I completely re-organised the Entrepreneurs Conference I was organising, to feature him as a keynote speaker. As a former head of Features for Sky News I was most impressed that someone with such a strong business turnaround background could speak so engagingly to business people on all levels. It is my experience that most good talkers aren't particularly great in business and that most great businessmen fall short in the speaking stakes. Not so with Anthony - he definitely is the exception. --Joanne Sawicki, media entrepreneur, conference organiser and television producer
About the Author
Anthony Holmes is an international corporate turnaround specialist and transitional leadership expert who has led the revival of 7 companies over 15 years, in industries as diverse as utilities, construction, consumer durables and telecoms. His 30-year international business career spans strategic consultancy, investment banking and senior corporate management. Anthony holds a BA Economics from Sheffield University and, in a sabbatical year, has just completed an MSC in Political Philosophy at London School of Economics.
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By F. Warren
Format:Hardcover
This is an extreemley refreshing book focusing on how to work through these difficult times, written in an easy to follow, entertaining style. The author shares his vast experiences and gives valuable tips and tools, which I found to be like a breath of fresh air in these difficult times.
Anthony Holmes is very perceptive and has really brought to life some concepts that had previously seemed very scary to me. This book is the next best thing to having the author in the room guiding you every step of the way through and I highly recomend it. Whether or not you have been through similar times before, this will be of great help to any manager.
Anthony Holmes is very perceptive and has really brought to life some concepts that had previously seemed very scary to me. This book is the next best thing to having the author in the room guiding you every step of the way through and I highly recomend it. Whether or not you have been through similar times before, this will be of great help to any manager.
By Richard Ball
Format:Hardcover
I enjoyed reading this book not only because it was familiar territory for me but at the same time it is full of interesting facts, perceptive observations and excellent examples; it also happens to be remarkably relevant to the current global corporate issues that now prevail. Interestingly, I believe it also removes some of the mystique that has surrounded 'company doctors' or restructuring professionals.
I have to say that I discussed certain aspects of the book with Tony (in the book's very early stages) as it is an area of professional interest to me, but I was genuinely surprised at the quality of the final product. Somehow he has converted a difficult and potentially 'dismal' subject into a very readable book, containing a lot of relevant content, live examples and 'down to earth' easily understandable analogies; his extraordinary breadth of knowledge, managerial, economic, psychological, historical and financial, is there for all to see.
I believe the book would be very beneficial to anyone with the responsibility of 'managing' in today's business climate. I also think company advisors could benefit, in fact, it would make an excellent handbook for someone already in restructuring who wanted to move to the next level.
Interestingly, the book left me feeling that companies in distress are not unlike humans dealing with life's crises, in that some people take them in their stride but most, to some extent, cease acting rationally and logically when facing unusual and serious problems.
In summary, I think it's a good, clearly written book that any reader will find something interesting and of practical value.
I have to say that I discussed certain aspects of the book with Tony (in the book's very early stages) as it is an area of professional interest to me, but I was genuinely surprised at the quality of the final product. Somehow he has converted a difficult and potentially 'dismal' subject into a very readable book, containing a lot of relevant content, live examples and 'down to earth' easily understandable analogies; his extraordinary breadth of knowledge, managerial, economic, psychological, historical and financial, is there for all to see.
I believe the book would be very beneficial to anyone with the responsibility of 'managing' in today's business climate. I also think company advisors could benefit, in fact, it would make an excellent handbook for someone already in restructuring who wanted to move to the next level.
Interestingly, the book left me feeling that companies in distress are not unlike humans dealing with life's crises, in that some people take them in their stride but most, to some extent, cease acting rationally and logically when facing unusual and serious problems.
In summary, I think it's a good, clearly written book that any reader will find something interesting and of practical value.
By Blade runner
Format:Hardcover
Like many managers, I entered the recession with trepidation, the whole thing happened so rapidly there was no time to prepare and seemingly no place to find out how I should deal with it. Other managers I spoke to were similarly anxious and uninformed. After all, nothing like this had happened since the early 1990s.
Finding this book is like finding a mentor. Clearly the author is experienced, he has seen it before and understands the pressures we are facing. This book puts them into context. There are some great tips about what to do in specific areas such as managing cash flow, dealing with employees, and in particular banks. There is some refreshingly straight talking about how to address some problems.
This is a must-have book for any manager having to cope with these exceptionally difficult times, and in particular those who have never experienced such business turmoil.
Finding this book is like finding a mentor. Clearly the author is experienced, he has seen it before and understands the pressures we are facing. This book puts them into context. There are some great tips about what to do in specific areas such as managing cash flow, dealing with employees, and in particular banks. There is some refreshingly straight talking about how to address some problems.
This is a must-have book for any manager having to cope with these exceptionally difficult times, and in particular those who have never experienced such business turmoil.
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