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Turnaround Management is like Surgery
Jagdish B Acharya, Consultant, India, Premium Member
If an organisation is viewed as a person and its health is taken as its condition then management is the sum of its good practices to keep it healthy, and a turnaround is the treatment when it has fallen sick.
Managers are like doctors who treat organisations and turnaround managers are like surgeons who have to intervene and do major operations.
The solution will depend on problems afflicting organisation but in essence it is treatment for ailments....
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Turnaround Like Surgery
Frederick Price, Philippines, Member I do not at all agree with you. A surgery is a predetermined, preplanned approach to solving a medical problem. A turnaround manager must undertake se... |
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Corporate Doctors
Azhar Kazmi, Professor, Saudi Arabia, Member That's why turnaround specialists are called 'corporate doctors' who help organisations regain their health. But just like in medical fraternity th... |
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Turnaround Management (TM)
Jeswan SinghPS, Engineer, Malaysia, Member TM encompasses a fundamental review of an organisation's strategic direction and often happens when the business is under major threat. TM often entai... |
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A Difference from Surgery
Jagdish B Acharya, Consultant, India, Premium Member Based on comments of Dr. Price, I correct myself. In surgery one often does not try untested methods because life of patient is at stake. However in T... |
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Surgery, Hammer or U-Turn
Mary R Brooks One of my business interests was in trouble last year and despite all the turnaround techniques that can be used and employed, sometimes it takes tran... |
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No Holds Barred Action
Jeswan SinghPS, Engineer, Malaysia, Member Congratulations Mary Brooks on your single minded focus to doing things differently. I am convinced that when things come to a head then it's got to b... |
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TM
Mary R Brooks Thanks Jeswan! Sometimes the single minded focus of a leader is seen as bullying, particularly in the UK. We are more and more over careful, trying no... |
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Emergency Surgery
James Mchugh, United Kingdom, Member In routine planned surgery - such as Hernia repair - the key to success lies in selecting the safest approach and being as thorough as possible... |
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Surgery or Peeking Out of the Box?
Michael Cardy, Strategy Consultant, United States, Member Surgery implies the problem is within the organization, a specific area. While this often is the case, sometimes a better understanding of the issue a... |
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Amputation is Last Resort
James McHugh, United Kingdom, Member Michael: amputation is always the last resort - and never used unless there is a cancer, or a limb which is irreparable and toxic and its retention wo... |
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Dilemma in Turnarounds
Azhar Kazmi, Professor, Saudi Arabia, Member I feel that the basic dilemma in turnarounds must be the difficult choice between implementing a surgical or a humane turnaround. Both have plu... |
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TM-insider or Outsider as the Surgeon?
Sulleiman Adediran, Educational & Management Consultant, Nigeria, Member We need the inside knowledge (organizational culture) for the outsider surgeon to succeed. Otherwise, some of the "whys?" may be difficult for the out... |
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Speed and Grit are of Essence
R.S. MATHUR, Teacher, India, Member Executing turnarounds cannot be without its share of pain, whatever may be the extent or depth of 'surgery' (as some of us might prefer to call... |
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To Do or not to Do
Azhar Kazmi, Professor, Saudi Arabia, Member Well said, James McHugh: "a good surgeon knows not just how to operate, but also when not to operate". That statement captures the essence of the dile... |
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Communication and Mobilizing Pride
PRASAD SN, Professor, India, Member I fully agree with the usage of words like 'surgical operation', 'hammering' etc. In addition, the actions have to be bold, audacious, sometimes unco... |
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Reach a Stage of Bleeding
Tshinyiwaho Phidane, Management Consultant, South Africa, Member Turnaround Management is one of the most important interventions for organisations. The biggest challenge of this is the transfer of skills to interna... |
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Study and Diagnose First
PROFESSOR JASWANT C GANDHI, Professor, India, Member Let me share my experience as a consultant. Turning around business is like treating an organisation-person. Before we jump to surgery (to use metapho... |
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Putting Both in and Outside Sources Together
Brunks Warwick. DBA, Strategy Consultant, Ireland, Member With the evidence at hand, both surgeon and the patient need to agree for the treament to be successful, so, both in and outside source should be put ... |
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Various Roles in Turnaround
Jagdish B Acharya, Consultant, India, Premium Member With so many contributions I am looking at analogies of roles people play in a turnaround:
1. The patient - company that is in need of imp... |
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Special Interest Group Leader
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Turnaround Management
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