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Title: Corporate Turnaround: How Managers Turn Losers into Winners by Donald B. Bibeault ISBN: 1-893122-02-6 Publisher: Beard Books Pub. Date: 01 December, 1998 Format: Paperback Volumes: 1 List Price(USD): $34.95 |
Average Customer Rating: 5 (3 reviews)
Rating: 5
Summary: Great for all managers, not just turnarounds
Comment: This book contains sound advice for all managers, not just managers of distressed businesses. Knowing and understanding the danger signs of distress can help a manager stay out of trouble. Although this book was written over 20 years ago, the material is totally relevant today, especially in light of the recent IPO meltdown. It would be great reading for a CEO who must now live entirely within his own means.
Rating: 5
Summary: Right on Target
Comment: I just reordered two more copies of Corporate Turnaround by Donald Bibeault.
I am an investment banker who, on occasion, has a client that gets into financial trouble. I find the book very helpful in both organizing a turnaround plan for the client as well as in coaching the client in taking corrective action.
When I first read Dr. Bibeault's book, I immediately recognized that this author knew exactly what happens to a troubled company and has mastered the tools of recovery from practical experience and not from some academic research. Bibeault's turnaround steps are simple and realistic and therefore can be applied in a variety of circumstances.
Each time that I encounter a turnaround situation, I offer my client a copy of Corporate Turnaround with relevant passages highlighted. As a first step, I always turn to Chapter 19 - "The Emergency Stage", and put emphasis on the section that covers Cash Flow Analysis and Control. Building a chart similar to the one showing a cash flow plan is an especially useful way to get started in the right direction.
I am delighted to see that this book is back in print because it's the best in its field. And in my case, its teachings have helped to save a number of companies from almost certain bankruptcy.
Jim Herrmann
Rating: 5
Summary: Definitely a primer for turnarounds
Comment: For those who need an introduction to corporate turnarounds, look here! Tells you what they are about, and what are the keys to a good turnaround. However for those looking to turn around a failing company, you would still best be served looking for a professional consultant granted every case is unique.
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Title: Harvard Business Review on Turnarounds by Harvard Business Review ISBN: 1578516366 Publisher: Harvard Business School Press Pub. Date: 15 October, 2001 List Price(USD): $19.95 |
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Title: The Six Month Fix: Adventures in Rescuing Failing Companies by Gary Sutton, Gary Sutton ISBN: 0471036269 Publisher: Wiley Pub. Date: 15 November, 2001 List Price(USD): $27.95 |
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Title: The Turnaround Manager's Handbook by Richard S. Sloma ISBN: 1893122409 Publisher: Beard Books Pub. Date: 01 November, 1999 List Price(USD): $34.95 |
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Title: The Phoenix Effect: 9 Revitalizing Strategies No Business Can Do Without by Carter Pate, Harlan Platt ISBN: 0471062626 Publisher: Wiley Pub. Date: 01 February, 2002 List Price(USD): $27.95 |
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Title: Principles of Corporate Renewal by Harlan Platt, Harlan D. Platt ISBN: 0472108387 Publisher: University of Michigan Press Pub. Date: 01 April, 1998 List Price(USD): $59.50 |
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