Turnaround process involved many approaches of strategic and tactical attempts. However, such knowledge are difficult to identified since many previous studies only focused on what constitute successful turnaround, and limited to the use of financial data. As turnaround is a transformational...

Foreword -- Preface -- Acknowledgments -- Introduction -- StrategyTM -- The seven aspects of strategytm -- Beginning the echeloned strategy dialoguestm process -- Strategy's connection points -- The core strategy focus questionstm for every organization -- The strategy crucibletm : how to use...

Vier Erfolgsformeln krisengeschützter Unternehmen -- Treiber der Konzentration: der Industry Shark -- Klein, aber fein: der Local Specialist -- Einzigartige marktbezogene Fähigkeiten: der Regional Hero -- Nachhaltiger Gewinner: der International Champion.

During economic downturns, firms file for bankruptcy in an effort to attempt a "turnaround". The objective of this study is to assess the effectiveness of retrenchment strategies in the context of bankruptcy, as the most severe form of crisis. We conducted a longitudinal analysis of a sample of...