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Saving RadioShack

Tom Spencer

When the business landscape changes, how can you turnaround a failing company? Assuming this leads to successful refinancing, what should the strategy be to turnaround and save this iconic company? When faced with a broad turnaround question, it is important to ask a variety of questions to determine the source of the problem.

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AlixPartners Interviews and Culture

Management Consulted

AlixPartners is an international business advisory firm based in Southfield, MI known for its work in corporate turnarounds, bankruptcy assignments and restructuring. Generally regarded as turnaround market leaders, AlixPartners is doing a killer job at taking up more room in the consulting space by strategically hiring a plethora of gurus.

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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. Restructuring/Turnaround Services. Retail & Consumer Products. In this way, cross office politics can affect morale and productivity. Corporate Finance/Restructuring.

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MC Coach Interview: My First Year at McKinsey

Management Consulted

I really didn’t know what to expect on my first day, even after I went through the on-boarding and training process. I spent my first day on an actual project using power tools because we were doing bottom up costing for different products. It’s rapid deadlines and very quick turnarounds. That was typical.

McKinsey 100
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‘WHEN A NEW MANAGER TAKES CHARGE’: Deciding the Pace of Entry

Confessions of a Consultant

While it’s not an exact science, see what you make of the following story… Doug Meyer: In North America, a pharmaceutical company manufactured and marketed Consumer Health Products. It offered a ‘turnaround’ challenge. In the first book of the bible, Guinness, God got tired of creating the world, so he took the Sabbath off.

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How Volvo Reinvented Itself Through Hiring

Harvard Business

Volvo’s turnaround over the last decade offers a great example. Under new ownership (Volvo was sold to China’s Geely by Ford in 2010), the Swedish automaker decided to transform its product line by becoming a premium player. Developing what we call an “M&A strategy for talent” is one way to overcome this.

Talent 28