Corporate Turnaround Artistry

Fix Any Business in 100 Days

De: Jeff Sands CTP

Narrado por: Stephen Bowlby

How to steer your business through times of financial distress and achieve sustained profitability

Corporate Turnaround Artistry is a complete guide for entrepreneurial companies in times of financial distress - presenting effective strategies and proven methods to revive and rehabilitate your business. Uncertain economic times have significantly altered the financial resources available to struggling businesses. Narrowing margins and mounting internal and external pressure has taken their toll on many companies. Fortunately, most businesses can be repaired while maintaining their existing revenue structure. Offering practical steps that go beyond simple cost-cutting and sales-building advice, this invaluable guide teaches you how to control cash, secure financial relief, and develop a comprehensive turnaround plan that your employees, customers, and creditors will support.

Business leaders and entrepreneurs often fall into the trap of assuming new debt when tough times strike. Author and certified turnaround practitioner Jeff Sands shows that to many struggling businesses, more money is no longer the answer to the problem. Expert advice on topics including cashflow stabilization, short and long-term profit sustainability, lean management techniques, and more, provides the framework to timely and efficient corporate turnaround.

©2020 John Wiley & Sons, Inc. (P)2020 Gildan Media

Comprehensive as a textbook and compelling as fiction

I picked up this book out of curiosity to see how it corresponded to my ten years in turnaround / performance improvement and my thirty plus years in manufacturing management. While the listening was enjoyable and informative, I have resolved to buy the book for my tablet so I can annotate. Jeff Sands distills his broad experience into comprehensive checklists of what to do and how to do it.

I recommend this book to anyone in a position of responsibility for a company facing a crisis of liquidity.

Strategies used in turnaround approaches

Subject matter expertise. The author did a good job presenting lessons learned throughout the book.

Outstanding

I come to this is a business owner, this book is an excellent education on restructuring, bankruptcy, how to preserve cash, and how to have and grow grit as a business owner. Jeff did an excellent job writing!

Great resource

Great book on turnaround and a intro to the TMA Professionals (Turnaround Management Association. Enjoy the book and reflect on each point because it is even valuable for any company even if not in distress.

Solid information, I definitely recommend!

Solid information and delivery that was also entertaining. Aside from listing the consumption of pork rinds as a bad habit. Clearly mentioning such things is a sin of error. All jokes aside I really enjoyed this books layout and presentation and I wish there were more books speaking to the subject. Very fascinating concept.

Useful, great stories, sharp and hands-on

This is part how-to, with some (useful) theory, some pep-talk, some business memoir, and some self-promotion. This might sound scattered, but it is not. It is coherent, as it zig-zags among these ingredients. It ends up being being very useful in many ways, fitting the trials of a troubled company. I like this author, particularly as he opens with admission of harsh learning experiences, which honed his craft, rather than the endless self-aggrandizement I find so off-putting. I like that he stares into the abyss without sugar-coating, and has things to say about coping with that. This guy knows stress and tough stretches from the inside out. But he has a practical eye too, and steps through problems all along the way. His own story is a comeback story. And he knows his way around an income statement and balance sheet (and some crucial labor and tax regulations). This is served up with top-rank, real business stories, full of dicey trade-offs and the tough moments of handling people and situations. I think the book improved as it went on. I am very pleased with it, and I haven't found another like it.

Great use of language to convey concepts.

should be required reading for any serious student of the game of business, not just turnarounds.

Excellent

Absolutely great. Must read for any entrepreneur no matter the stage , provides great insight and is entertaining as well.

A Must Read

This book should be required reading at all business schools. The second half is heavy on the financial strategies during bankruptcy so it's a bit dry, great info but a grind to get through. Still a great book overall.

Corporate restructuring

Was recommended this through SecretCFO. Personally experienced a downtrodden business and was eager to pick up some tools to better prepare myself as a professional. Gained some golden nuggets from this book; really appreciate the wisdom!