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Leading Corporate Turnaround

How Leaders Fix Troubled Companies
Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
In Leading Corporate Turnaround by Stuart Slatter, Laura Barlow, and David Lovett, the authors provide a comprehensive guide for executives facing the challenge of revitalising underperforming companies. The book delves into practical strategies and frameworks for diagnosing financial distress and implementing effective, sustainable turnaround plans. This insightful read is geared towards business leaders seeking to navigate complex corporate recoveries.
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Format: Hardback
$8099
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

You might enjoy this book if you are interested in understanding how to revitalise struggling businesses and effectively manage corporate restructuring. It offers practical insights and strategies for executives and entrepreneurs eager to lead successful business turnarounds, providing real-world case studies and innovative approaches.

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Leadership is never more crucial than when corporate survival is at stake. But the days of the tough guys are over. The leaders who are driving today's sustainable turnarounds understand that the answers to a distressed company's problems lie almost always within the firm itself - usually at middle manager level and below.

Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description

Leadership is never more crucial than when corporate survival is at stake. But the days of the tough guys are over. The leaders who are driving today’s sustainable turnarounds understand that the answers to a distressed company’s problems lie almost always within the firm itself – usually at middle manager level and below. The secret is cooperation.

Drawing on interviews with top company doctors and advisers, as well as on the authors’ own experience, Leading Corporate Turnarounds explores seven key leadership and management skills required for successful turnaround and shows why quickly gaining the buy-in and trust of all stakeholders is the key to ultimate success.

  • Written by the founding directors of the Society of Turnaround Professionals (STP), with a proposed Foreword by the Society’s Patron, Sir John Harvey-Jones.
  • Considers the different drivers of turnaround, the alternatives to it, and the restructuring processes required to move beyond crisis stabilisation to sustainable change.
  • Features international case studies from leading companies, including BT, Virgin Express, Arthur Andersen, Parmalat, GE, Lee Cooper, New Look and IBM.

Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?

Leading Corporate Turnaround is praised for offering compelling examples of recent corporate turnarounds that are both striking and extraordinary, with real-life cases that are more fascinating than fiction.

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Book Details

INFORMATION

ISBN: 9780470025598

Publisher: John Wiley & Sons Inc

Format: Hardback

Date Published: 16 December 2005

Country: United States

Imprint: Jossey-Bass Inc.,U.S.

Contributors:

  • Edited by David Lovett
  • Edited by Laura Barlow

Audience: Professional and scholarly

DIMENSIONS

Spine width: 26.0mm

Width: 163.0mm

Height: 236.0mm

Weight: 539g

Pages: 256

About the Author

Stuart Slatter
Founding partner of Stuart Slatter & Company, Chairman of Stuart Slatter Training and a Visiting Fellow in Strategic and International Management at the London Business School (LBS).
Stuart Slatter has over twenty-five years of experience in providing strategic consultancy advice and management education to senior management throughout the world. While a full time faculty member at LBS, he was Dean for Executive Education, Director of the Senior Executive Programme, and Chairman of the Strategic and International Management Department. He has been a Visiting Professor at the University of California (UCLA) and at the University of Capetown. Prior to joining LBS, he was Managing Director of a subsidiary of a UK public company, and a senior management consultant with Booz, Allen & Hamilton in New York specialising in marketing strategy.
He holds a law degree from Cambridge University, an MBA degree from Stanford Business School, and a PhD in marketing from London University. He is a qualified barrister-at-law, and is the author of a number of books and articles, including “Gambling on Growth”, Wiley (1992), and “Corporate Turnaround”, Penguin Books (1999). He was one of the founding directors of the Society of Turnaround Professionals in the UK, and can be contacted via www.slatter.co.uk.

David C. Lovett
David Lovett, a Managing Director with AlixPartners and a member of the European Executive group of the firm, is a business graduate, a fellow of the Institute of Chartered Accountants of England and Wales, a fellow and a founding member of the Society of Turnaround Professionals. Before joining AlixPartners, David was with Andersen for 18 years, where he formed Andersen’s London-based turnaround practice in the early 1990s and subsequently led the Global Turnaround practice. He co-authored “Corporate Turnaround” with Stuart Slatter in 1999.
During the last 30 years, David has advised all the classes of stakeholders in troubled companies.He has led many corporate restructurings and turnarounds in both an advisory and officer capacity serving as Chief Financial Officer and Chief Restructuring Officer.
David has extensive cross border restructuring experience and is familiar with the changing trends in insolvency and restructuring legislation. He is driven by a desire to minimise economic loss to stakeholders while his clients manage the turbulence of forced transformation.
AlixPartners is recognised internationally as the “industry standard” for solving complex business challenges, helping companies improve operating and financial performance, and restoring corporate value.
Founded in 1981, it has been retained by hundreds of companies throughout the USA, Europe, Asia and Latin America and has worked in virtually all industries and sectors.

Laura Barlow
Laura Barlow is a Director in AlixPartners’ European Turnaround and Restructuring practice. Over the past 15 years she has been an adviser to both creditors and debtors in troubled situations and has worked with numerous companies to help them achieve operational turnaround and financial restructuring. She has taken interim management roles in several troubled companies, restoring stability and leading the development and implementation of turnaround plans. Her current focus is on providing restructuring advisory services to corporates, including taking Chief Restructuring Officer positions where appropriate.
Laura is a graduate of Oxford University, a Chartered Accountant and SFA Securities Representative. She is a regular speaker at European conferences on turnaround and restructuring and at the London Business School on the Managing Corporate Turnarounds course.

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