Does TM Apply to Organizational Departments Also?

Turnaround Management
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Turnaround Management > Best Practices > Does TM Apply to Organizational Departments Also?

Does TM Apply to Organizational Departments Also?
Amey Bhide
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.
 

 
Turnaround Management at an Organisational Level
Alan Ward, Management Consultant, Australia, Member
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.
 

   

     

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