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Alvarez & Marsal Interviews and Culture

Management Consulted

This Firm Profile started as an email from Sean, asking if we could write on Alvarez & Marsal, “The Turnaround Guys”. The firm’s first turnaround client was the household brand, Timex Corporation. Turnaround and Restructuring. Industries. 2013) Outstanding Turnaround Firm – Turnarounds & Workouts.

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Seabury Group Interviews and Culture

Management Consulted

Founded in 1995 by former Bain consultants and headquartered in New York City, they focus on developing airline strategy and implementing major operational turnaround. Industries. All of your clients are in the same field, so the chances of interacting with people outside of the industry are greatly reduced. Revenue Improvement.

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Outsider CEOs Are on the Rise at the World’s Biggest Companies

Harvard Business

Outsiders, in effect, have become more of an intentional leadership choice than a stereotypical hire in a turnaround or crisis situation. The industries facing the most disruption have brought in higher-than-average numbers of outsiders recently. That’s nearly double the rate from 2004 to 2007. one of the authors of the study.

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Bad News: You Have to Grow to Pay Your Debt

Martinka Consulting

On May 4, 2015 a Wall Street Journal article discussed the Japanese company Suntory and its 2014 acquisition of Jim Beam. The acquirer wants to or has to double sales in five years, in a competitive market, and exceed industry trends (a trend where whiskey is on the upswing, and which could change at any time) to cover their debt.

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How Volvo Reinvented Itself Through Hiring

Harvard Business

Volvo’s turnaround over the last decade offers a great example. To get the skills and change agents it needed, Volvo looked outside the automotive industry. Sällström mapped outside industries, looking for people with pertinent skills. For years, Volvo was a brand stuck between a rock and a hard place.

Talent 28
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GE’s Fall Has Been Accelerated by Two Problems. Most Other Big Companies Face Them, Too.

Harvard Business

GE’s fall accelerated on October 25, 2015, with activist hedge fund Trian announcing a $2.5 In the fall of 2017 under Flannery, MA&D unsurprisingly became GE’s turnaround strategy tool. hbr staff/stan honda/Getty Images. billion equity investment in GE stock, one that made it a top 10 shareholder.

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Private Equity’s New Phase

Harvard Business

From 1996 to 2015, the number of publicly traded companies in the United States alone dropped nearly 50%. These buy outs shifted agency from owners to managers; “corporate raiders” worked with high-yield debt to fund these turnarounds. Three Phases in the Evolution of Private Equity Investment.

Talent 28