search query: @indexterm company failures / total: 200
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| Author: | Scherrer, P. S. |
| Title: | From warming to crisis: a turnaround primer |
| Journal: | Management Review
1988 : SEP, VOL. 77:9, p.30-36 |
| Index terms: | CRISIS MANAGEMENT ORGANIZATIONAL DECLINE MANAGEMENT INFORMATION COMPANY FAILURES |
| Language: | eng |
| Abstract: | Long before a business fails, warning signals start flashing, but managers often ignore them. Some managers treat the problem as temporary phenomenon. The need of a crisis-centered management training is emphasized. Influencing externals leading to organizational decline are identified and analyzed. Some internal elements of business failures are highlighted. Early warning signals, financial predictors and other symptoms of decline are listed. The role of turnaround managers is characterized. The problem of how to get everyone (banks, vendors, customers, employees etc.) involved is discussed. The types of turnarounds and their strategies are examined. |
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