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When firms are on the brink of failure, only turnaround management can restore performance and profitability. The key is to provide profitability and cash for building long-term success. This volume contains advice on restoring confidence through effective leadership and planning. It highlights the importance of communication with stakeholders, staff, customers and suppliers, and how best to structure the capital base of an organization in order to fund recovery and future growth.
Author Biography
Stuart Slatter is a partner in Slatter Timperley Associates, a management consultancy. He is also a Visiting Professor at London Business School. David Lovett is the partner in charge of Arthur Andersen’s worldwide turnaround management practice.
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