Download or read book Strategies for Retrenchment and Turnaround written by Cynthia Hardy and published by Walter de Gruyter GmbH & Co KG. This book was released on 2017-11-07 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Case Studies on Turnaround Strategy written by Kumar Satyaki Ray and published by . This book was released on 2007-11-21 with total page 151 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book has effectively presented a string of cases which have put the turnaround strategy adopted by global companies under a searchlight. Organizational decline and turnaround management have emerged as important business management issues addressed and discussed all over the world. The companies often hit the pits of performance and growth and need to devise strategies that would effectively bail them out of that situation. In their attempt to emerge from a precarious situation, companies have adopted several measures. The book optimally covers a few of such turnaround strategies namely- Change in existing corporate strategy, Retrenchment of assets and people, Upgrading technology, Financial restructuring and Organizational change, through some exemplary case studies. The debacle that many companies have faced in their business proposition and procedure has often led to a growth trap and unprecedented loss for them; it is, then, that the management of such companies has embarked on sharp strategies for making a come back and turning around to retrace the growth path. It may happen that, in order to get excessive growth, organizations adopt a series of unrelated diversifications which, in turn, dilute their core business. They unknowingly fall back on business strategies that backfire and create financial and organizational distress. The book takes account of such a situation in some companies and how they have risen from the debris to get back on the racing track of sound financial health and growth. The case studies in this book also take stock of the pros and cons of the strategies that were embraced as turnaround measures by the companies, they showcase the sustainability of such strategies and their all round effectiveness. Thus the book stands out as good reading for future managers and strategists.
Download or read book Responsible Restructuring written by Wayne F Cascio and published by Berrett-Koehler Publishers. This book was released on 2002-09-09 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: Firms that restructure through downsizing are not more profitable than those that don't, and often end up hurting themselves in the long run. Responsible Restructuring draws on the results of an eighteen-year study of S&P 500 firms to prove that it makes good business sense to restructure responsibly-to avoid downsizing and instead regard employees as assets to be developed rather than costs to be cut. Wayne Cascio explodes thirteen common myths about downsizing, detailing its negative impact on profitability, productivity, quality, and on the morale, commitment, and even health of survivors. He uses real-life examples to illustrate successful approaches to responsible restructuring used by companies such as Charles Schwab, Compaq, Cisco, Motorola, Reflexite, and Southwest Airlines. And he offers specific, step-by-step advice on what to do-and what not to do-when developing and implementing a restructuring strategy that, unlike layoffs, leaves the organization stronger and better able to face the challenges ahead.
Download or read book A Temporal Approach to Retrenchment and Successful Turnaround in Declining Firms written by Chanchai Tangpong and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study extends current understanding of the retrenchment-turnaround relationship in declining firms by introducing a temporal approach and arguing that the effectiveness of retrenchment as a strategy is contingent on its adoption early in turnaround attempts. Drawing from the two-stage turnaround model and insights from the literature on downward spirals in organizations, we develop and test a theoretical model that explains how temporal considerations in retrenchment influence the likelihood of successful turnaround. Using a matched pair sample of 96 US firms, we find that declining firms that implement retrenchment actions early have a higher likelihood of successful turnaround. The findings also indicate that while two specific retrenchment actions, early divestments and early geographic market exits, significantly contribute to the likelihood of successful turnaround, early layoffs do not. Overall, the findings shed some light on the importance of timing strategic actions in organizational turnarounds. Implications for research and practice are discussed.
Download or read book Configurational Theory and Methods in Organizational Research written by Peer C. Fiss and published by Emerald Group Publishing. This book was released on 2013-05-02 with total page 351 pages. Available in PDF, EPUB and Kindle. Book excerpt: Some 20 years after the emergence of configurational theory as a key perspective in organization studies in the 1990s, this approach has yet to deliver on its promise. While we know that configurations the relative arrangement of parts and elements - matters, empirical research on configurations is just beginning to deliver on its promise.
Download or read book Designing and Executing Strategy in Aviation Management written by Triant G. Flouris and published by Routledge. This book was released on 2016-04-08 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: Designing and Executing Strategy in Aviation Management is designed to provide an intensely practical guide to this critically important topic. Comprehensive in coverage and easy-to-read in style, it allows both professionals and students to understand the principles and practicalities of crafting and executing business strategies with an aviation context. The result is a comprehensive and multifaceted teaching/learning package, which includes applied case studies on a wide range of airlines and aviation businesses, setting out how these organizations deal with strategy formulation and implementation in critical areas. Topics covered include: corporate strategy, generic strategy, competitive strategy, internal and external environment assessment, mergers, alliances, safety and security. Written directly for both aviation professionals and student courses in aviation strategy, aviation management and aviation operations, it will also be of great interest to aviation professionals in a variety of different fields, including airlines, corporate aviation, consultancy, etc., as well as academics within the field of aviation and those within the field of strategy and management science.
Download or read book A 3rs Strategy for Public Service Turnaround written by George Boyne and published by . This book was released on 2012 with total page 7 pages. Available in PDF, EPUB and Kindle. Book excerpt: Problems of public service 'failure' are high on the political agenda in the UK, and many national and local organizations are searching for effective turnaround strategies. Although little research on turnaround in the public sector has been undertaken, there is a substantial number of studies of decline and recovery in private firms. Evidence from these studies suggests that turnaround is more likely in companies that pursue retrenchment, repositioning and reorganization. The relevance of this '3Rs' strategy to the public sector is analysed, and the potential consequences for public service improvement are evaluated. This article will help managers to think more clearly about turnaround strategies that could work in their organizations.
Download or read book Corporate Turnaround written by Donald B. Bibeault and published by Beard Books. This book was released on 1998 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Sharpbenders written by Peter H. Grinyer and published by Wiley-Blackwell. This book was released on 1988-01-01 with total page 287 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Corporate Financial Distress written by Alberto Tron and published by Emerald Group Publishing. This book was released on 2021-01-21 with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial distress and crises for businesses can be used to implement substantial organizational changes and turnaround the damage done to achieve financial equilibrium in the short term and financial stability in the long term. Plans, methodology and tools are provided here to examine how this turnaround can be achieved.
Download or read book Strategy written by David Mackay and published by Oxford University Press. This book was released on 2023-03-27 with total page 691 pages. Available in PDF, EPUB and Kindle. Book excerpt: What does strategy mean to the founder and CEO of a coaching and consulting company whose mission is to create inclusive and values-driven cultures where people can achieve their full potential while positively impacting society?How is sustainable strategic decision-making viewed by a former Member of the European Parliament?Developed in consultation with lecturers, students, and professionals, the research-driven process-practice model of strategy in Strategy: Theory, Practice, Implementation places implementation at its core, enabling students to develop a crystal-clear understanding of how strategy operates in aculture of dynamism, adaptability, and change.The authors' wealth of teaching, research, and practitioner experience shines through in their writing as they strike the perfect balance between clarity and rigour. They expertly cover all the core areas of strategy, using carefully paced, step-by-step guidance to apply theories and models ofstrategy to a diverse range of examples, making the text the most practical of its kind.Moving beyond the limits of traditional texts, Strategy offers unique Practitioner Insights (and accompanying video interviews) gathered from professionals engaged in a range of strategic roles, across multiple industries and sectors worldwide, to help students grasp the complex reality of strategicmanagement in practice.Strategy ultimately provides students with an empowering, critical, and highly practical approach to thinking, talking, and acting like a strategist.Online resources accompanying the textbook include:For registered adopters:- A test bank- PowerPoint slides- Answers to, or guidance on, the case study questions in the book- A series of 'Boardroom Challenges' for use in group role play exercises / action learning simulations- Teaching notes on using the 'Boardroom Challenges' in classFor students:- Practitioner insight video interviews, and further videos providing advice on how students can enhance their employability- Research Insights to broaden students' perspectives of academic research and its impact on strategic thinking- Links to articles, cases, chapters, or multimedia resources to support students' further reading- Additional case studies with exercises or discussion questions- MCQs- Guidance on how to analyse a case study- Flashcard glossary- Two additional chapters: Chapter 15 Designing effective strategy activities; Chapter 16 Strategy in practice: learning, reflecting, thinking
Download or read book More than Bricks in the Wall Organizational Perspectives for Sustainable Success written by Lea Stadtler and published by Springer Science & Business Media. This book was released on 2010-08-17 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book illustrates different organizational perspectives for achieving sustainable corporate success. Its contributions cover a range of research areas that have been developed at Prof. Gilbert Probst's Chair of Organization and Management at the University of Geneva over the past twenty years. By analyzing current research questions and highlighting corresponding managerial challenges, this book provides a comprehensive view on corporate growth, change management, crisis management, knowledge management, and managing corporate boundaries.
Download or read book Turnaround Strategies in Response to the Asian Crisis written by Pascal Prinz and published by . This book was released on 2004 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The role of retrenchment is one of the most controversially debated issues of turnaround management for a Western environment and its impact is even more contentious and equivocal for an Asian setting. This thesis takes the Asian financial crisis as an important example of a severe, but temporary industry contraction to examine the role of retrenchment in response to such a crisis. Unlike earlier studies focusing on Chinese-owned businesses in South-East Asia, a geographic focus on Singapore is taken in this thesis. A triangulation of quantitative analyses of 134 companies listed on the Singaporean stock exchange is employed. The findings suggest that both asset and cost retrenching companies face lower overall performance levels throughout the crisis situation in Singapore than non retrenching firms which indicates that the degree of distress and urgency in the turnaround situation moderates the degree of asset and cost retrenchment. Moreover, differing effects on performance of asset and cost retrenchment were found. While the impact of asset retrenchment on performance in a crisis situation in Singapore is insignificant, the impact of cost retrenchment is positive, however, very limited.
Download or read book The Oxford Handbook of Strategy written by David Faulkner and published by Oxford University Press. This book was released on 2003-02-13 with total page 548 pages. Available in PDF, EPUB and Kindle. Book excerpt: This two-volume handbook presents an authoritative and up-to-date analysis of how thinking on strategy has evolved and what are the likely developments in the near future. All the contributors are experts in their area, and bring to the topic an understanding informed by many years' experience of research, teaching, and practice. Volume One focuses on two major areas: first, the various different approaches to strategy, and secondly, the development of competitive or business unit strategy, where the pursuit of sustainable competitive advantage is the key objective.
Download or read book Management Fundamentals written by and published by SAGE Publications. This book was released on with total page 633 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Strategic Management and Business Policy For Managers and Consultant written by Hiriyappa B and published by PublishDrive. This book was released on 2018-06-01 with total page 440 pages. Available in PDF, EPUB and Kindle. Book excerpt: Strategic Management and Business Policy are changing fast and it generates new ideas, innovative strategies, practically managing the core resources and the establishment of the key platform for the development of business and brand. This book exceptionally fills the gap between theory such as generic, grand, diversification, functional, turnaround, value chain and tailoring strategy and application of various Models to facilitate the practical use of strategies as a strategic tactic to a weapon to deliver world-class performance in Business. This book helps the common man who identifies the key competitor, core products, services and able to decide and determine appropriate policy and choices for formulating, implementing and control. And become key strategy consultant for business. This book is specially designed for those who are the students of Business, MBA, PGDM & Executives. IT management, businessmen, entrepreneurs, operating managers, middle-level managers across the management consultant, business executives and business professionals such as director of forecasting and planning, forecast manager, director of strategic planning, director of marketing, sales manager, advertising manager, CFO, financial officer, controller, treasurer, financial analyst, production manager, brand/product manager, new product manager, supply chain manager, logistics manager, material management manager, purchasing agent, scheduling manager, and director of information systems.
Download or read book Corporate Financial Distress and Bankruptcy written by Edward I. Altman and published by John Wiley & Sons. This book was released on 2010-03-11 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive look at the enormous growth and evolution of distressed debt, corporate bankruptcy, and credit risk default This Third Edition of the most authoritative finance book on the topic updates and expands its discussion of corporate distress and bankruptcy, as well as the related markets dealing with high-yield and distressed debt, and offers state-of-the-art analysis and research on the costs of bankruptcy, credit default prediction, the post-emergence period performance of bankrupt firms, and more.
