Business Management

Are You Aware of the Worth of Turnaround Management?

Interim managers are excellent candidates for Turnaround management and company restructuring because of their ability to recognize and solve problems rapidly, their objectivity, and their outstanding people skills. As a result, it should come as no surprise that turnarounds and restructurings accounted for more than half of the most recent assignments reported by respondents to the most recent Impact Executives poll. Turnaround Management: While respondents said that the most frequent duration of the assignment was four to six months, the proportion of respondents who reported jobs lasting 12 months or more increased. However, it seems that the trade-off for lengthier...