Turnaround Management is like Surgery

Turnaround Management
Knowledge Center

 

Next Topic

Turnaround Management > Best Practices > Turnaround Management is like Surgery

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.
 

 
Is Downfall Due to Internal or External Factors?
Agni Chatterjee, Student (MBA), India, Member
When we talk about turnaround management, we basically talk about building strategies to rebuild or renew an organisation. Root Cause Analysis being the first step towards this process, the most important thing to keep in mind is to see whether the downfall of an organisation is due to internal pressures or lack of internal capabilities, or due to the external environment. If it's due to internal pressure then we can take necessary steps and revamp the whole organisation and restructure it, but restructuring an organisation facing challenges posed external pressure is not in anybody's hand. An organisation gone down due to external forces is very difficult to revive. If their is no market for the product an organisation is making, no turnaround management plan can save it.
 

 
Turnaround Like Surgery
Frederick Price, Philippines, Member
 

 
Corporate Doctors
Azhar Kazmi, Professor, Saudi Arabia, Member
 

 
Turnaround Management (TM)
Jeswan SinghPS, Engineer, Malaysia, Member
 

 
A Difference from Surgery
Jagdish B Acharya, Consultant, India, Premium Member
 

   

 
No Holds Barred Action
Jeswan SinghPS, Engineer, Malaysia, Member
 

 
TM
Mary R Brooks
 

 
Emergency Surgery
James Mchugh, United Kingdom, Member
 

 
Turnaround Management and Taking the Bulls by the Horn
Jeswan SinghPS, Engineer, Malaysia, Member
 

 
Surgery or Peeking Out of the Box?
Michael Cardy, Strategy Consultant, United States, Member
 

 
Amputation is Last Resort
James McHugh, United Kingdom, Member
 

 
Dilemma in Turnarounds
Azhar Kazmi, Professor, Saudi Arabia, Member
 

 
TM-insider or Outsider as the Surgeon?
Sulleiman Adediran, Educational & Management Consultant, Nigeria, Member
 

 
Speed and Grit are of Essence
R.S. MATHUR, Teacher, India, Member
 

 
To Do or not to Do
Azhar Kazmi, Professor, Saudi Arabia, Member
 

 
Communication and Mobilizing Pride
PRASAD SN, Professor, India, Member
 

 
Reach a Stage of Bleeding
Tshinyiwaho Phidane, Management Consultant, South Africa, Member
 

 
Study and Diagnose First
PROFESSOR JASWANT C GANDHI, Professor, India, Member
 

 
Putting Both in and Outside Sources Together
Brunks Warwick. DBA, Strategy Consultant, Ireland, Member
 

 
Various Roles in Turnaround
Jagdish B Acharya, Consultant, India, Premium Member
 

     

Read the responses and join this discussion yourself.
Accelerate your career and personal development with 12manage, the leading management platform.

    Log in


Special Interest Group Leader

Interested? Sign up for free.


Turnaround Management
Summary
Forum
Best Practices


Turnaround Management
Knowledge Center

 

Next Topic



About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
2019 12manage - The Executive Fast Track. V15.2 - Last updated: 12-11-2019. All names of their owners.