TURNAROUND MANAGEMENT

TEAM 7 1
INTRODUCTION
 Process dedicated to corporate renewal.
 Process of reviving a company that is struggling from the financial
problems to keep up with competition in the market
 Turnaround management involves management review, root failure
causes analysis, and SWOT analysis to determine why the company
is failing.
 The main and crucial key elements of the Turnaround Management
include analysing, planning, and then implementing the plan to save
the company from all the bottlenecks and obstacles that it is facing

TEAM 7 2
SIGNS
1. Market conditions and low market share
2. Lack of operating controls
3. Over-diversification
4. Explosive growth
5. Operating without a business plan and strategy
6. Ineffective management style
7. Poor lender relationships

TEAM 7 3
STEPS
1) Define & Analyse
2) Scope & Strategy
3) Link & Action
4) Implement
5) Review

TEAM 7 4
3 STAGES OF TURNAROUND
MANAGEMENT
1. Assess Viability
2. Stabilize and Develop Strategy
3. Implementation and Monitoring

TEAM 7 5
NOTABLE COMPANIES
1. Apple
2. FedEx
3. Netflix
4. General motors
5. Marvel
6. Starbucks

TEAM 7 6
THANK YOU

TEAM 7 7