Two Dimensions to Turnaround Management

Turnaround Management
Knowledge Center


New Topic

Jagdish B Acharya
Consultant, India

Two Dimensions to Turnaround Management

There are two dimensions to turnaround management; who leads it and what are the process stages. We may put who leads on x-axis and put insider at 0 and outsider at 10. Put process stages on y axis with diagnosis at 0 and solution at 10 in this scenario.
I see six process vectors; 1:{(0,0) to (0,10)}, 2: {(10,0) to (10,10)}, 3: {0,0) to (10,10)}, 4:{(10,0) to (0,10)}, 5: {(7.5,0) to (2.5,10)} and 6: { (2.5,0) to (7.5,0)}.
My preference would be for vector 5 as representing the most common turnaround process which is led mostly by outsiders and solution led by insiders.
It is difficult for insiders to see the whole picture and recognise the need for a turnaround. In the same way, outsiders can never give a full solution.

Start a new forum topic


More on Turnaround Management
What is Turn Around Time?
Turnaround Management in India
Two Dimensions to Turnaround Management
Recognizing When Turnaround is a Must
Turnaround Management and Culture
🔥Financial Distress in Hospitals
Whatever the Name Tag, Turnaround Management is Desirable
Linear Programming and Turnaround Management
Turnaround Professional Certification
Start with Call to Action
Turnaround Management in Upstream Oil & Gas Facilities (FPSO Specific)
Recovery and Turnaround
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
Periodic Health Check of Organization and Turnaround Management
Special Interest Group

Are you interested in Turnaround Management? Sign up for free

Notify your students

Copy this into your study materials:

and add a hyperlink to:

Link to this discussion

Copy this HTML code to your web site:

Turnaround Management
Knowledge Center

About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
2021 12manage - The Executive Fast Track. V15.8 - Last updated: 19-4-2021. All names of their owners.