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6 Turnaround Tactics for a Failing Team

Rick Conlow

3 Turnaround Tactics for a Failing Team. The following six proven turnaround tactics come from my consulting practice. If employees could operate as a well – oiled machine without training and coaching, you would not be in the mess you are in. One-time events on any of these steps are almost useless.

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6 Turnaround Tactics for a Failing Team

Rick Conlow

3 Turnaround Tactics for a Failing Team. The following six proven turnaround tactics come from my consulting practice. If employees could operate as a well – oiled machine without training and coaching, you would not be in the mess you are in. One-time events on any of these steps are almost useless.

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Small Steps or Big Steps: What’s the Right Way to Begin Improvement?

Markovitz Consulting

He describes his “shock and awe” approach (my terminology) in his excellent book The Lean Turnaround , where he takes the company through several week-long kaizen events. To be sure, there is some up front training, but the emphasis is on starting the lean journey with kaizen events. You build your way up to those levels.

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FTI Consulting Interviews and Culture

Management Consulted

FTI expanded into investigation and research capabilities as well as turnaround, restructuring, bankruptcy and forensic accounting with the moves. In 2005, the firm developed their first 5-year plan with a goal to double revenues from approximately $427M to $1B in 5 years. Restructuring/Turnaround Services. Litigation discovery.

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Management Consulting versus Investment Banking

Management Consulted

Finally, networking is important at consulting firms, and social events are focused on helping consultants build contacts and relationships throughout the firm. 3 SKILL DEVELOPMENT. This expertise may be as broad as “operations turnaround” and as specific as “benchmarking for insurance companies.”

Banking 272
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Private Equity’s New Phase

Harvard Business

These buy outs shifted agency from owners to managers; “corporate raiders” worked with high-yield debt to fund these turnarounds. a condo development, apartment building, or golf course). Though autonomous, they can improve their operating capabilities and speed up their time to reinvention by learning from each other.

Talent 28
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How Agile Teams Can Help Turnarounds Succeed

Harvard Business

Agile — the management approach that relies on small, entrepreneurial, close-to-the-customer teams — has a reputation that reflects its rapid adoption in software development. It is most definitely not for big, old-line companies that are facing an existential crisis and require a full-scale turnaround.