top-banner-dimensions-for-Landing-pages-Turn-around-Strat

TURN-AROUND STRATEGY

HOW CAN TLC ASSIST WITH YOUR TURN-AROUND STRATEGY?

Turn-Around Techniques/Tools

Product / Service
Improving Sales Revenue
Pricing
Reducing Costs
Many Small But Simultaneous Changes
Customer Profitability Analysis
Product Line Profitability
Working Capital Management
Restructuring
General
 

Stages of a Turn-Around

1. Recognition of the need for a turn-around

2. Rapid appraisal of the situation

3. Crisis management and emergency actions

4. Stabilisation phase

5. Detailed analysis and recovery plan development

6. Rehabilitation, return to stability

7. Management/stakeholder relations

8. Implementation delivery “get it done”

Turn-Around Time Flow Chart

TURNAROUND-FLOW-CHART
 

Turn-Around Flow Chart

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Source Donald B. Bibeault (1999) Corporate Turnaround. Washington DC. Beard Books; G.C De Bruyn (1990) Corporate Decline and Recovery. Lausanne; Stuart Slatter and David Lovett (1999) Corporate Turnaround. London, UK. Penguin Books

 

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