search query: @journal_id 75 / total: 683
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| 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. |
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