search query: @indexterm CORPORATE STRATEGY / total: 2034
reference: 242 / 2034
Author: | Chan, P. S. |
Title: | Managing successful turnarounds: Lessons from global companies. |
Journal: | Management Decision
1993 : VOL. 31:3, p. 29-33 |
Index terms: | CORPORATE STRATEGY MULTINATIONAL COMPANIES CHANGE |
Language: | eng |
Abstract: | An analysis of the turnaround strategies of more than ten global companies revealed that these strategies incorporated similar sequential processes: identification of problem and need for change; replacement of incumbent CEO; major cost- cutting attempts; refocusing on core businesses, and reinvesting for the future. |
SCIMA