Description
Abstract about turnaround management and corporate renewal a south african perspective.
Turnaround Management
and Corporate Renewal
A South African Perspective
Edited by Neil Harvey
A turnaround is to produce a noticeable and endurable
improveme nt in performance, to turnaround the trend of re-
sults from down to up, from not good enough to clearly bet-
ter, from underachieving to acceptable, from losing
to winning.
—Stanley J. Goodman (1982)
This broad definition can apply to turnarounds in almost
anything – a life, an endeavour, a company, a municipality, a
non-profit organisation, a sporting team, a school, a
university or technicon, a government, a country or even a
continent. Turnaround Management and Corporate Renewal
deals mainly with the turnaround of business organisations.
The strategic, financial, legal, human resources, marketing
and operations, stakeholder management, political, and
internal and external aspects of turnarounds are evaluated in
depth by leaders in their fields.
Definitions, stages of a turnaround, rapid appraisal and
detailed analysis, recovery plan development and
implementation as well as the new Business Rescue
legislation are covered. Change management, small business
turnarounds, recruiting for a turnaround, value management
and value engineering, early warning signals and managing
stress are all included in the chapters. Tools and techniques
that can be used to deal with many different turnaround
challenges are explained in considerable detail, while the
case studies are written by people who have led successful
South African turnarounds.
Written by thirty-five noted management and turnaround
practitioners, consultants and academics in South Africa,
the book is partially based on the highly successful Wits
Business School (WBS) programme How to Manage a
Turnaround and Corporate Renewal (MATCR). WBS was one
of the first business schools in the world to introduce an
executive education programme in turnaround management
when Neil Harvey and Frans van Heerden convened the first
MATCR course in 2002.
Many of the discussed concepts and principles can be
applied to various non-business turnaround aspects of life.
The book is therefore aimed not only at management
practitioners, consultants, academics and students, but also
at staff experts, engineers, accountants and lawyers in the
private sector, municipality and trade union leaders,
government, parastatals, non-profit organisations, sporting
clubs and educational institutions.
ORDERING INFORMATION: AFRICA: Blue Weaver, Tel: 021 701 4477, [email protected]
FOR MORE INFORMATION: Tshepo Neito, Wits University Press, Tel: +27 11 717 8701, www.witspress.co.za
TEXTBOOKS
Neil Harvey led fourteen successful turnarounds across a
variety of industries in Africa, Europe and the United States
from 1968 to 1999. He has since been a professor at Rhodes
University and adjun ct professor at Grand Valley State
Universit y in the USA.
978 1 86814 519 5
240x170 mm, 464pp
May 2011
R330.00/US$49.95
Related titles from Wits University Press: Business Accounting and
Financ e for Managers 5th Ed, South Africa at Work
Related categories: Business Science
doc_389636857.pdf
Abstract about turnaround management and corporate renewal a south african perspective.
Turnaround Management
and Corporate Renewal
A South African Perspective
Edited by Neil Harvey
A turnaround is to produce a noticeable and endurable
improveme nt in performance, to turnaround the trend of re-
sults from down to up, from not good enough to clearly bet-
ter, from underachieving to acceptable, from losing
to winning.
—Stanley J. Goodman (1982)
This broad definition can apply to turnarounds in almost
anything – a life, an endeavour, a company, a municipality, a
non-profit organisation, a sporting team, a school, a
university or technicon, a government, a country or even a
continent. Turnaround Management and Corporate Renewal
deals mainly with the turnaround of business organisations.
The strategic, financial, legal, human resources, marketing
and operations, stakeholder management, political, and
internal and external aspects of turnarounds are evaluated in
depth by leaders in their fields.
Definitions, stages of a turnaround, rapid appraisal and
detailed analysis, recovery plan development and
implementation as well as the new Business Rescue
legislation are covered. Change management, small business
turnarounds, recruiting for a turnaround, value management
and value engineering, early warning signals and managing
stress are all included in the chapters. Tools and techniques
that can be used to deal with many different turnaround
challenges are explained in considerable detail, while the
case studies are written by people who have led successful
South African turnarounds.
Written by thirty-five noted management and turnaround
practitioners, consultants and academics in South Africa,
the book is partially based on the highly successful Wits
Business School (WBS) programme How to Manage a
Turnaround and Corporate Renewal (MATCR). WBS was one
of the first business schools in the world to introduce an
executive education programme in turnaround management
when Neil Harvey and Frans van Heerden convened the first
MATCR course in 2002.
Many of the discussed concepts and principles can be
applied to various non-business turnaround aspects of life.
The book is therefore aimed not only at management
practitioners, consultants, academics and students, but also
at staff experts, engineers, accountants and lawyers in the
private sector, municipality and trade union leaders,
government, parastatals, non-profit organisations, sporting
clubs and educational institutions.
ORDERING INFORMATION: AFRICA: Blue Weaver, Tel: 021 701 4477, [email protected]
FOR MORE INFORMATION: Tshepo Neito, Wits University Press, Tel: +27 11 717 8701, www.witspress.co.za
TEXTBOOKS
Neil Harvey led fourteen successful turnarounds across a
variety of industries in Africa, Europe and the United States
from 1968 to 1999. He has since been a professor at Rhodes
University and adjun ct professor at Grand Valley State
Universit y in the USA.
978 1 86814 519 5
240x170 mm, 464pp
May 2011
R330.00/US$49.95
Related titles from Wits University Press: Business Accounting and
Financ e for Managers 5th Ed, South Africa at Work
Related categories: Business Science
doc_389636857.pdf