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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. The secret is cooperation. Drawing on interviews with world leading, international 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. "This is an admirable guide to the increasingly specialized
business of corporate turnaround; I wish I had it when I started at
BT in 2001." "Why wait for a crisis to hit before reading this book? There is
so much good material here which can be used preventatively to stop
your company going to the brink. If I had this book available when
we faced our turnaround, I have no doubt that I would have moved
faster to tackle the problems! This book is a must even for those
seeking to stimulate change before the crisis begins." "This well researched analysis of the characteristics of
leadership in turnarounds is a valuable and timely successor to
Corporate Turnaround. It should be essential reading not only for
those involved in company rescues but also for those who want to
learn about crisis leadership without experiencing it
themselves."
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