Strategies for Retrenchment and Turnaround PDF Download

Author: Cynthia Hardy
Publisher: Walter de Gruyter GmbH & Co KG
ISBN: 3110851911
Category : Business & Economics
Languages : en
Pages : 236

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Author: Kumar Satyaki Ray
Publisher:
ISBN: 9788131412206
Category : Corporate turnarounds
Languages : en
Pages : 151

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Book Description
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.

Author: Wayne F Cascio
Publisher: Berrett-Koehler Publishers
ISBN: 1605095672
Category : Business & Economics
Languages : en
Pages : 148

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Book Description
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.

Author: Peer C. Fiss
Publisher: Emerald Group Publishing
ISBN: 178190779X
Category : Business & Economics
Languages : en
Pages : 340

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Book Description
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.

Author: George Boyne
Publisher:
ISBN:
Category :
Languages : en
Pages : 7

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Book Description
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.

Author: Triant G. Flouris
Publisher: Routledge
ISBN: 1317152190
Category : Technology & Engineering
Languages : en
Pages : 321

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Book Description
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.

Author: Donald B. Bibeault
Publisher: Beard Books
ISBN: 9781893122024
Category : Business & Economics
Languages : en
Pages : 432

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Author: Alberto Tron
Publisher: Emerald Group Publishing
ISBN: 1839829826
Category : Business & Economics
Languages : en
Pages : 129

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Book Description
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.

Author: Peter H. Grinyer
Publisher: Wiley-Blackwell
ISBN: 9780631153047
Category : Business & Economics
Languages : en
Pages : 287

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Book Description

Author: David Mackay
Publisher: Oxford University Press
ISBN: 019284539X
Category : Strategic planning
Languages : en
Pages : 691

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Book Description
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