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Turnaround management and corporate renewal: a South African perspective, edited by Neil Harvey wits university press.

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Vincent
PositionBook in brief

Thirty-five noted management and turnaround practitioners, consultants and academics in South Africa offer insight into the various processes of turnaround management and corporate renewal. The book sets out the following challenges of turnarounds:

  1. A turnaround is to produce a noticeable and endurable improvement in performance.

  2. It is to turn around the trends of results from down to up, from losing to winning.

  3. There has never been a greater need for turnaround management than right now.

  4. Turnarounds require a different type of management. Required actions are usually far more severe because of actions not carried out in the past.

  5. Faster decisions and actions are generally required because of the prevailing critical situation.

  6. There is less margin...

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