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Desperate Times Call for Effective Turnarounds

BCG

Many transformation initiatives focus on improving a company’s financial and operational performance from “good” (or moderate) to “great”—that is, the company is already doing well in some or most areas, yet management still sees a need to make improvements. We refer to these as turnaround and restructuring efforts.

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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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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. Financial Services. ALVAREZ & MARSAL CULTURE. ALVAREZ & MARSAL KEY STATS.

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FTI Consulting Interviews and Culture

Management Consulted

FTI CONSULTING INTERVIEWS & CULTURE. They entered the financial disputes business with the acquisition of Klick, Kent and Allen, Inc. FTI expanded into investigation and research capabilities as well as turnaround, restructuring, bankruptcy and forensic accounting with the moves. Restructuring/Turnaround Services.

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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. Financial Services. SEABURY GROUP CULTURE. In fact, in terms of firms we profile, they are truly one of the new kids on the block. Cargo & Logistics.

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The Key to Campbell Soup’s Turnaround? Civility.

Harvard Business

.” One of the first things Doug did to address the dysfunctional, low-performance environment was to visibly set expectations for how he intended to create a more civil culture built on respect. Practices can be seen both in the smallest of moments and in large-scale adjustments to company culture and procedure.

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Case Study: Can You Fix a Toxic Culture Without Firing People?

Harvard Business

She’d gone to Arkansas to review operational plans and financial projections for the rest of the year with the team on the ground. FB Holdings had made it through the financial crisis of 2008 without losing money—but the climate control systems divisions, a Tier 1 automotive supplier, had not fared as well.