Turnaround Management is like Surgery

      
			              Best Practices
			            
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		            		Jagdish B Acharya
Consultant, India
			            
Turnaround Management is like Surgery

	          		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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						            	Agni Chatterjee
Student (MBA), India
												
				                Is Downfall Due to Internal or External Factors?

													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.
				                
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						            	Frederick Price
Philippines
												
				                Turnaround Like Surgery

													I do not at all agree with you. A surgery is a predetermined, preplanned approach to solving a medic... Sign up
				              
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						            	Azhar Kazmi
Professor, Saudi Arabia
												
				                Corporate Doctors

													That's why turnaround specialists are called 'corporate doctors' who help organisations regain their... Sign up
				              
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						            	Jeswan SinghPS
Engineer, Malaysia
												
				                Turnaround Management (TM)

													TM encompasses a fundamental review of an organisation's strategic direction and often happens when ... Sign up
				              
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						            	Jagdish B Acharya
Consultant, India
												
				                A Difference from Surgery

													Based on comments of Dr. Price, I correct myself. In surgery one often does not try untested methods... Sign up
				              
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						            	Mary R Brooks, United Kingdom
												
				                Surgery, Hammer or U-Turn

													One of my business interests was in trouble last year and despite all the turnaround techniques that... Sign up
				              
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						            	Jeswan SinghPS
Engineer, Malaysia
												
				                No Holds Barred Action

													Congratulations Mary Brooks on your single minded focus to doing things differently. I am convinced ... Sign up
				              
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						            	Mary R Brooks, United Kingdom
												
				                TM

													Thanks Jeswan! Sometimes the single minded focus of a leader is seen as bullying, particularly in th... Sign up
				              
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						            	James Mchugh
United Kingdom
												
				                Emergency Surgery

													In routine planned surgery - such as Hernia repair - the key to success lies in selecting the safest... Sign up
				              
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						            	Jeswan SinghPS
Engineer, Malaysia
												
				                Turnaround Management and Taking the Bulls by the Horn

													Mary Brooks - taking drastic action in certain work environments can be challenging and often distur... Sign up
				              
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						            	Michael Cardy
Strategy Consultant, United States
												
				                Surgery or Peeking Out of the Box?

													Surgery implies the problem is within the organization, a specific area. While this often is the cas... Sign up
				              
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						            	James McHugh
United Kingdom
												
				                Amputation is Last Resort

													Michael: amputation is always the last resort - and never used unless there is a cancer, or a limb w... Sign up
				              
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						            	Azhar Kazmi
Professor, Saudi Arabia
												
				                Dilemma in Turnarounds

													I feel that the basic dilemma in turnarounds must be the difficult choice between implementing a sur... Sign up
				              
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						            	Sulleiman Adediran
Educational & Management Consultant, Nigeria
												
				                TM-insider or Outsider as the Surgeon?

													We need the inside knowledge (organizational culture) for the outsider surgeon to succeed. Otherwise... Sign up
				              
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						            	R.S. MATHUR
Teacher, India
												
				                Speed and Grit are of Essence

													Executing turnarounds cannot be without its share of pain, whatever may be the extent or depth of 's... Sign up
				              
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						            	Azhar Kazmi
Professor, Saudi Arabia
												
				                To Do or not to Do

													Well said, James McHugh: "a good surgeon knows not just how to operate, but also when not to operate... Sign up
				              
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						            	PRASAD SN
Professor, India
												
				                Communication and Mobilizing Pride

													I fully agree with the usage of words like 'surgical operation', 'hammering'  etc. In addition, the ... Sign up
				              
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						            	Tshinyiwaho Phidane
Management Consultant, South Africa
												
				                Reach a Stage of Bleeding

													Turnaround Management is one of the most important interventions for organisations. The biggest chal... Sign up
				              
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						            	PROFESSOR JASWANT C GANDHI
Professor, India
												
				                Study and Diagnose First

													Let me share my experience as a consultant. Turning around business is like treating an organisation... Sign up
				              
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						            	Brunks Warwick. DBA
Strategy Consultant, Ireland
												
				                Putting Both in and Outside Sources Together

													With the evidence at hand, both surgeon and the patient need to agree for the treament to be success... Sign up
				              
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						            	Jagdish B Acharya
Consultant, India
												
				                Various Roles in Turnaround

													With so many contributions I am looking at analogies of roles people play in a turnaround:
1. The p... Sign up
				              
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