Overview

The role of a Turnaround Manager is to save companies from a seriously unprofitable situation. This may follow a merger, take-over, restructure or as a result of adverse market conditions or mismanagement. A first class Turnaround Manager is more than a short-term 'company doctor'; he or she redefines the company's business mission and restructures it for long-term survival. This book shows how to do this. It includes practical advice from experienced Turnaround Managers, real-life examples of best practice and an objective guide to the principles involved in this increasingly important role.

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9780333794258

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Reviews

'Managers and students dealing with cross-border problems, globabilization, international mega-mergers and how to deal with the ensuing disarray, are well-advised to pick up this pace-setting turnaround book.' - Professor Hans B. Thorelli, Indiana University, USA 'In a time of cross-border mega-mergers, this is a highly relevant and useful book...The authors are to be congratulated and the readers to be enthralled.' - Bengt Karlof, Karlof Consulting, Stockholm 'This is an authoritative, well-structured and thought-provoking book providing a wealth of examples and useful advice unquestionably based on real life experience. I strongly recommend it to anyone who accepts the challenge of turning around a company.' - Tom Wachtmeister, formerly Chairman of Altas Copro Group 'A good deal of thought provoking material to be had...for those interested in the thoughts, ideas and tips of two men who have spent a great deal of their professional lives bringing faltering companies back to profitability.' - Strategy

'Managers and students dealing with cross-border problems, globabilization, international mega-mergers and how to deal with the ensuing disarray, are well-advised to pick up this pace-setting turnaround book.' - Professor Hans B. Thorelli, Indiana University, USA 'In a time of cross-border mega-mergers, this is a highly relevant and useful book...The authors are to be congratulated and the readers to be enthralled.' - Bengt Karlof, Karlof Consulting, Stockholm 'This is an authoritative, well-structured and thought-provoking book providing a wealth of examples and useful advice unquestionably based on real life experience. I strongly recommend it to anyone who accepts the challenge of turning around a company.' - Tom Wachtmeister, formerly Chairman of Altas Copro Group 'A good deal of thought provoking material to be had...for those interested in the thoughts, ideas and tips of two men who have spent a great deal of their professional lives bringing faltering companies back to profitability.' - Strategy

Author Information

BO ARPI is the Founder and Managing Director of Arpi International S.A., Brussels. He was formerly Vice President of the Volvo Group of Companies and Marketing Director of ITT Business Systems Group and also Professor of Business Administration at the University of Illinois and Helsinki Graduate School of Business Administration. PER WEJKE has held a number of senior executive positions and is currently President and Chief Executive Officer of Allgon AB, Sweden. Both authors have considerable experience of successful turnaround management .

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