BCG

NOVEMBER 11, 2016

We refer to these as turnaround and restructuring efforts. At this point, the company starts burning through cash reserves and needs to launch a turnaround. . Turnaround and restructuring programs involve applying all three components: * Funding the Journey. A turnaround or restructuring program should include all three elements, but the relative importance of each changes at various points in the process. Article Friday, November 11, 2016.

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Turnaround Operations Company Sales 83

Harvard Business

MARCH 22, 2022

CEO Josh Silverman’s purpose-driven turnaround at Etsy made the company profitable and improved its social and environmental impact. Leadership Strategy Change management Organizational culture Organizational transformation Retail and consumer goods Audio

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Turnaround Company Retail Change Management 37

Rick Conlow

JUNE 3, 2021

3 Turnaround Tactics for a Failing Team. The following six proven turnaround tactics come from my consulting practice. These kinds of actions can swiftly turnaround a failing team. The post 6 Turnaround Tactics for a Failing Team appeared first on Rick Conlow.

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Turnaround How To eBook Resources 52

Rick Conlow

JUNE 3, 2021

3 Turnaround Tactics for a Failing Team. The following six proven turnaround tactics come from my consulting practice. These kinds of actions can swiftly turnaround a failing team. The post 6 Turnaround Tactics for a Failing Team appeared first on Rick Conlow.

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Turnaround How To eBook Resources 52

Strategic Planning and Management Insights

MARCH 1, 2022

SME Strategy is a strategy consulting company that specializes in aligning teams around their vision, mission, values, goals and action plans. Learn more about how we can help align your team with our strategic planning and implementation services. Leadership Change management podcast CEO

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Turnaround Strategy Strategy Strategy& 52

McKinsey

JULY 18, 2018

Leaders don’t want their projects to be in a turnaround situation, but that often happens. Here are some tactics for resolving problems quickly. Insights on Capital Projects & Infrastructure

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Turnaround McKinsey 67

Harvard Business

JULY 2, 2018

It is most definitely not for big, old-line companies that are facing an existential crisis and require a full-scale turnaround. None of these conditions exists in extreme events such as natural disasters, terrorist attacks, major military battles — or large-scale business turnarounds. The agile approach injected a level of speed and accountability not found in many business turnarounds. In a turnaround, teams may work unsustainable hours for several months at a time.

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Turnaround Agile Methodologies Energy 34

1 to 1

MAY 30, 2018

Only two years after going public, specialty tea retailer DAVIDsTEA announced at the end of 2017 that it was evaluating strategic alternatives, including a potential sale and store closures. At first glance, this is another example of a brick-and-mortar business struggling to stay afloat in a retail economy that is increasingly shifting toward e-commerce and digital experiences. In the U.S., more than 12,000 stores are expected to close in 2018, up from about 9,000 in 2017, according to commerc

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Turnaround Retail Sales Examples 31

McKinsey

AUGUST 29, 2017

Latecomers can succeed at digitization if they take these five steps. Our Insights

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Turnaround McKinsey Company 85

McKinsey

APRIL 26, 2016

The CEO of the Swiss specialty-chemical company has steered it back onto a growth path through restructuring and an aggressive continuous-improvement program. Our Insights

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Chemicals Turnaround Company McKinsey 51

Harvard Business

OCTOBER 5, 2017

In the early years of the turnaround initiative, hundreds of the top 350 senior leaders who could not, or would not, demonstrate their willingness to adapt their approach were let go or transitioned to other roles.

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Turnaround Culture Research Meeting 35

Tom Spencer

SEPTEMBER 3, 2016

Consultants and consulting firms can go some way towards reducing the effect of economic downturns by offering a range of services including some which are counter cyclical, that is, services which are more in demand during downturns such as restructuring and turnaround support services. Management Consulting consulting restructuring turnaround services(Source: Flickr ).

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Cash Flow Industry Turnaround Government 60

McKinsey

JUNE 26, 2020

Hubert Joly shares lessons from leading the turnaround of the retail and technology giant and how it prepared him and the company for the current crisis.

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Turnaround Retail Company Interviews 98

McKinsey

FEBRUARY 8, 2021

A strategic turnaround is helping Indonesia’s largest state-owned enterprise to stem eight years of losses, transform company culture, and embrace a digital future. Metals & Mining Insights

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Turnaround Enterprise Company Culture 51

McKinsey

JULY 27, 2017

A quick-service restaurant chain with thousands of outlets around the world is using data to drive a successful turnaround, increase customer satisfaction, and grow revenues. Our Insights

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Case Study Case Studies Turnaround Study 87

McKinsey

OCTOBER 20, 2017

Italian oil and gas company Eni has transformed under a leader determined to reduce costs without cutting jobs—instead including employees in the turnaround mission. Our Insights

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Turnaround Company McKinsey 77

Strategic Planning and Management Insights

AUGUST 17, 2020

Brad was a part of several major project at Microsoft, including the complete turnaround of MSN.com, leading the marketing effort for Windows 2000, Windows 98 and Internet Explorer, as well as developing and executing the award winning marketing strategy for Windows 95.

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Turnaround Management Marketing Development 52

Steve Shu Consulting

SEPTEMBER 1, 2016

Suppose you are trying to design a company whose strategy is to provide broadly accessible, lower-cost, optical glasses to customers within quick turnaround times of one hour. Turnaround times might be much longer. A common approach is to identify different options for organizational structure and then analyze tradeoffs (e.g., pros and cons or degree attractiveness by objective). That said, I wanted to share another perspective that has carried me a long way.

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BCG

JANUARY 19, 2017

The turnaround of the LEGO Group is one of the famous business stories of this century. He was a 35-year-old former academic and consultant who quickly gained a reputation as a turnaround artist. Prior to the turnaround, Knudstorp acknowledges, LEGO had taken this loyalty for granted by stretching the brand too thin. Video Thursday, January 19, 2017.

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Turnaround Culture Groups Interviews 70

Tom Spencer

SEPTEMBER 14, 2014

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. Marc Consentino in his book Case In Point suggests the following possible actions for a company turnaround.

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Turnaround Comparison Company Engineering 94

Strategy+Business

NOVEMBER 1, 2015

Some of this year's best business books are narratives that cover the divergent fortunes of three hot technology companies -- one that crashed to earth, one in the midst of a wrenching turnaround, and one that is soaring into the stratosphere

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Turnaround Strategy Strategy Strategy& 44

Markovitz Consulting

JANUARY 14, 2019

The former president of Wiremold, Art Byrne, explains in his book The Lean Turnaround that he eliminated volume discounts and incentives for sales to book the largest possible orders. With more level demand, the warranty department was able to keep its turnaround time to under a week, even during the peak summer season. “Disruption” has become another business buzzword that obviates the need for prudent, careful thought and consideration.

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The Source

JANUARY 15, 2021

This need to ramp up production and meet a requirement for super-fast turnaround times led to wholesale rethinking of processes, and often turned long-held assumptions about just what can be achieved within tight timescales on their head.

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Turnaround Leadership Trends Meeting 56

The Management Centre

DECEMBER 2, 2021

Talk through options for communicating better, aiming to ensure the Project Sponsor has the right information at the right time and an agreed turnaround time. Throughout any project there are challenges that can spring up, and attempt to take us off track in progressing our projects.

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Turnaround How To Training Training 71

Management Consulted

DECEMBER 6, 2015

This Firm Profile started as an email from Sean, asking if we could write on Alvarez & Marsal, “The Turnaround Guys”. Combining their industry experience, the pair were forerunners in what became a specialty area in professional services: turnaround management, corporate restructuring and operational performance improvement for companies and stakeholders. The firm’s first turnaround client was the household brand, Timex Corporation. Turnaround and Restructuring.

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Interviews Case Interview Culture Turnaround 100

Management Consulted

JANUARY 25, 2016

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. Among these are turnaround teams, the role of Chief Restructuring Officer (CRO) and incentive-based success fees.

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Case Interview Interviews Culture Turnaround 109

Successful Independent Consulting

JANUARY 20, 2017

Transformation and turnaround leader specialized in building teams, measurement systems, and driving results at distressed and growth companies alike, with a focus on the middle market. Translation: turnaround expert. Many people who embark on the independent professional path think they should define their services broadly so they will look like a good fit for many projects. The exact opposite is true.

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Turnaround Consulting Exercises Nonprofit 150

Tom Spencer

JULY 13, 2019

Some of the most notable specialisations include healthcare, IT or tech, and turnaround consulting. Although IT consulting firms can be big shops such as Gartner and Infosys, healthcare and turnaround consulting firms tend to be more boutique in nature. Turnaround firms, like FTI Consulting , will typically value quantitative skills as the work typically requires rigorous financial analysis.

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Turnaround Healthcare Consulting Deloitte 60

Martinka Consulting

JANUARY 16, 2020

I (buyer) can fix this business (turnarounds make headlines for a reason, they’re rare). There was a recent news story about a Seattle area law enforcement officer suing for about $11 million because of a health condition caused by vaping (a CBD product and something else to relieve his stress and pain). Am I missing something? He heated a chemical concoction, inhaled it, and figured all was good? He couldn’t imagine burning chemicals could cause bodily damage.

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Chemicals Cash Flow Turnaround Consulting 40

The Fearless Marketer

FEBRUARY 9, 2020

The final question is, “What is the turnaround to that thought and is it just as true or even truer?” The turnaround thought would be, ‘They just might be interested in meeting with me.’

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Marketing Turnaround Meeting How To 62

Jerry Fletcher

MARCH 27, 2021

For instance, the interviewer in a pod cast asks how you accomplished a turnaround for a client or what process was used to save multiple clients. If you’re lucky. Not everyone has a partner outside the business they can talk to candidly about how it is going.

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Marketing Consulting Turnaround Ethics 67

BCG

SEPTEMBER 21, 2016

OTP is also affected by decisions made in multiple areas, including fleet size and composition, flight crew composition, and flight turnaround times. Article Wednesday, September 21, 2016. Sometimes it pays to sweat the small stuff. Take on-time performance (OTP). In the airline business, one late aircraft early in the morning can lead to more than 70 delayed planes later in the day.

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Airlines Turnaround Operations Financial 72

Markovitz Consulting

NOVEMBER 26, 2018

John Shook describes how within the constellation of GM plants, the Fremont plant went from worst to first in quality in one year, with a 180-degree turnaround in culture, all while keeping the same workers. (In The overhead light in aisle two has been burned out for three months. It’s hard for the workers in that row to see the small parts they handle and repair.

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Turnaround Consulting Culture Organizational Development 116

Martinka Consulting

AUGUST 11, 2014

I like to say (especially to business buyers with stars in their eyes) that, “turnarounds make headlines because they are rare.” These five things present in a company make that company as rare as a successful turnaround and cause headlines to be written about them in business journals and magazines. To continue from the last two posts, here are my comments on situation number three. Losing money. Recent upward trend or reduction of expenses. Is it a spike or a trend?

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Turnaround Trends Journal Consulting 40

Jacq Hackett Consulting

OCTOBER 24, 2017

It’s quick – the turnaround time on jobs is impressive. Being a solo consultant doesn’t mean you have to do everything yourself. In fact, you shouldn’t. Of course, you need to take responsibility for all the core consulting tasks – those tasks that require your high-level expertise, your thinking, your credibility. But for a host of other things, get help.

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Consulting Turnaround Healthcare Small Business 131

Jacq Hackett Consulting

OCTOBER 24, 2017

It’s quick – the turnaround time on jobs is impressive. Being a solo consultant doesn’t mean you have to do everything yourself. In fact, you shouldn’t. Of course, you need to take responsibility for all the core consulting tasks – those tasks that require your high-level expertise, your thinking, your credibility. But for a host of other things, get help.

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Consulting Turnaround Video Healthcare 120

LSA Global

JANUARY 1, 2018

This book tells the story of a successful sales executive who, after leading an analytics-driven turnaround (in Data Driven, this book’s predecessor), faces a new turnaround challenge as chief human resources officer. Jenny Dearborn Data Driven: How Performance Analytics Delivers Extraordinary Sales Results.

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Turnaround Metrics Sales Data 32

Kates Kesler

OCTOBER 9, 2012

Recently, The Wall Street Journal reported on how Procter & Gamble’s CEO is under scrutiny by investors and the board for a stalling turnaround effort. P&G’s Stumbles Put CEO On Hot Seat for Turnaround. Most painfully, but all too common, this is occurring in the middle of a very difficult turnaround. For me, one of the most thought-provoking parts of this story was reported nearly at its end.

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Turnaround Journal Talent Report 50

Prudent Pedal

JANUARY 28, 2020

Ask questions about production efficiency, turnaround times, collateral organization/dissemination, and costs.

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Marketing Turnaround Productivity Meeting 52

Martinka Consulting

JANUARY 8, 2022

If you want to control the deal look for a turnaround business and roll the dice. It surprised me when I saw that in less than a week my podcast on business buy sell facts was one of the most popular educational episodes we have. Given that popularity, I figured it also makes for a good newsletter, so here we go. Dave Chappelle took some heat for saying gender is a fact. Of course, he gets into hot water every time he does a special because he insults just about everybody.

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Consulting Banking Turnaround Journal 40