Recognizing When Turnaround is a Must

Turnaround Management
Knowledge Center

 

Next Topic

Turnaround Management > Best Practices > Recognizing When Turnaround is a Must

Recognizing When Turnaround is a Must
Jagdish B Acharya, Consultant, India, Member
The most important part of the whole exercise is to recognize when / if a turnaround is required or if some path adjustment will do. Doing frequent turnarounds may not be good for an organisation as it has some disruptive effects also. In my opinion when the profit is continuously going down for more than three terms or is contrary to the general business trend, there is a need for turnaround. Another method could be using control chart techniques of SQC to recognise if the deviation in profits is significant and needs a turnaround. (...) Read more? Sign up for free

Please register now to read all responses and to join this discussion yourself. It's easy and 100% free.

Sign up for free     Log in


  Identifying the Need for a Turnaround
Jagdish B Acharya, Consultant, India, Member
  One of the most common way to know that a turnaround need exists comes from auditors or shareholders through some damning reactions. When the share price falls down drastically, it is a sure sign of need for turnaround. But it may be too late to get fast relief. Let us look at other signs or reports which may point to the first step of need for turnaround action.


   
Special Interest Group Leader

Are you an expert in this field? Sign up for free


Turnaround Management
Summary
Forum
🔥Financial Distress in Hospitals
Turnaround Professional Certification
Turnaround Management in Upstream Oil & Gas Facilities (FPSO Specific)
Best Practices
🥇Does TM Apply to Organizational Departments Also?
🥈Turnaround Management is like Surgery
🥉Use an Insider or an Outsider as a Turnaround Manager?
Role of Marketing in Business Turnaround
What is Turn Around Time?
Turnaround Management in India
Periodic Health Check of Organization and Turnaround Management
Two Dimensions to Turnaround Management
Recognizing When Turnaround is a Must
Turnaround Management and Culture
Whatever the Name Tag, Turnaround Management is Desirable
Linear Programming and Turnaround Management
Start with Call to Action
Recovery and Turnaround


Turnaround Management
Knowledge Center

 

Next Topic



About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
2020 12manage - The Executive Fast Track. V15.5 - Last updated: 9-7-2020. All names of their owners.