Does TM Apply to Organizational Departments Also?

Turnaround Management
Knowledge Center

Best Practices
Amey Bhide, India

Does TM Apply to Organizational Departments Also?

Does the concept of "turnaround management" only applies to organization as a whole, or is it also applicable to an organizational department / product / function which is not performing well for a couple of financial cycles?
In my opinion it should, if the product / service / department etc. is contributing to a major component to the organization's revenue.
Turning around in such a scenario is critical before it becomes an organizational malaise.


Alan Ward
Management Consultant, Australia

Turnaround Management at an Organisational Level

In my opinion the need for turnaround always applies at the local level. It is the result of the collective under-performance of a number of contributing departments or business units that leads to the eventual demise of an organisation.
If you wait until the whole shebang has, or is failing it is probably too late to breath life back into the corpse.
If the organisation has reached that level it is probably better to let corporate darwinism take its course.

Amey Bhide, India

Cascading Effect Leading to Turnaround Situation

Agree with the above comment to some extent. However, it can't happen that multiple business units o... Sign up


More on Turnaround Management:
DIscussion Topics
👀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
What is Turn Around Time?
Turnaround Management in India
Periodic Health Check of Organization and Turnaround Management
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
Special Interest Group

Do you know a lot about Turnaround Management? Become our SIG Leader

Turnaround Management
Knowledge Center

About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
2023 12manage - The Executive Fast Track. V16.0 - Last updated: 28-1-2023. All names of their owners.