Use an Insider or an Outsider as a Turnaround Manager?

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Turnaround Management > Best Practices > Use an Insider or an Outsider as a Turnaround Manager?

Use an Insider or an Outsider as a Turnaround Manager?
Anonymous
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? (...) Read more? Sign up for free
 

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Insider or an Outsider as a Turnaround Manager?
Edgar Zuņiga
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.
 

 
Insider or Outsider Turnaround Manager?
Gian
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".
 

   

 
Outsider is Necessary
Jagdish B Acharya, Consultant, India, Premium Member
(...)
 

 
Insider or an Outsider as a Turnaround Manager?
Daniels, MBA Student, United Kingdom, Member
(...)
 

   

 
Turnaround Management by In- or Outsider
Julio Furtado, Consultant, Angola, Member
(...)
 

 
Insider or an Outsider as a Turnaround Manager?
Tom Lesnikowski, Business Consultant, Australia, Member
(...)
 

         
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