Use an Insider or an Outsider as a Turnaround Manager?




Turnaround Management
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Anonymous, USA

Use an Insider or an Outsider as a Turnaround Manager?

I wonder, what is preferable? Use an insider for a turnaround, because (s)he knows the complexity of the situation very well, or an outsider, because (s)he can act independently and without any attachments to the current situation and stakeholders?
 

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2
Edgar Zuņiga, Peru
 

Insider or an Outsider as a Turnaround Manager?

Based on my experience, you need to build a team including outsiders and insiders. Insiders help to design the strategy for the turnaround and outsiders to implement it.

 
2
Gian, Netherlands
 

Insider or Outsider Turnaround Manager?

Good question, but (as usual) the answer is: "it depends".
What is leading the company to disappointing results? If it is inertia coming from previous successes, than maybe an outsider could be the best way to go. If the reason for the bad results has to do with re-alignment of resources than maybe an "insider" could get the job done in a better way (the signal to the other employees would be one that says: "we appreciate you all and we think you can pull it off without any external help".

 
2
Abbas, Pakistan
 

Turnaround Manager... Insider or Outsider?

I believe that sometimes employees are so tired of old stuff work that they need inspiration to m... Sign up

 
4
Jagdish B Acharya
Consultant, India
 

Outsider is Necessary

When the situation has gone to a level that demands turnaround, it is only an outsider who can help.... Sign up

 
2
Daniels
MBA Student, United Kingdom
 

Insider or an Outsider as a Turnaround Manager?

Very good question. The answer is fully embedded in the causes and symptoms of decline. If the manag... Sign up

 
2
Amey Bhide, India
 

Insider or Outsider - Does it Matter?

Does it really matter who the turnaround agent is as long as the turnaround strategy is correctly de... Sign up

 
2
Julio Furtado
Consultant, Angola
 

Turnaround Management by In- or Outsider

Both are necessary but to start off the process it is better to use an outsider because he or she wi... Sign up

 
0
Tom Lesnikowski
Business Consultant, Australia
 

Insider or an Outsider as a Turnaround Manager?

An often asked question! An impartial outsider who can create and execute the turnaround plan is a c... Sign up

   

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