Description
Turnaround brings together 20 companies from Britain, Italy, Holland, Eire, Scandinavia, France and West Germany, all of which have one thing in common. All have either been brought to the brink or have stagnated rapidly to an extent where crisis action was essential. Most of these companies have undergone a radical change in circumstances; some are still in the throes of a long and painful recovery. The studies cover a wide spectrum of manufacturing and service industries. They are presented in an anecdotal, accessible style, in most cases from the perspective of the executive responsible for turning the heavy economic losses into healthy profits. They demonstrate clearly the dilemma facing the crisis chief executive who must learn to act quickly, decisively, accurately, and often ruthlessly, because he does not have the margin for error which usually accompanies comfortable profit. This book will provide valuable insights to other managers who may have the responsibility of crisis leadership thrust upon them. ISBN:9781852510909