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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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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. ALVAREZ & MARSAL CULTURE. ALVAREZ & MARSAL KEY STATS. Practice Areas. Tax Advisory.

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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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FTI Consulting Interviews and Culture

Management Consulted

FTI CONSULTING INTERVIEWS & CULTURE. FTI expanded into investigation and research capabilities as well as turnaround, restructuring, bankruptcy and forensic accounting with the moves. Restructuring/Turnaround Services. FTI CONSULTING CULTURE. 1999: FTI Consulting began trading as a public company on the NYSE.

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

Groups 100
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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. But culturally, it might be time for a purge,” Cam continued. It’s like we’re surgeons who have a patient bleeding out on the operating table. Or pull out our scalpels?”

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Leading Across Cultures Requires Flexibility and Curiosity

Harvard Business

Even without speaking the local language, you can learn a huge amount about a country’s culture from tuning into local television shows, especially comedy programs. Being able to tune into a culture without pre-conceived biases or judgment is a skill all leaders need in complex, global organizations. Managing Across Cultures.

Culture 28