International Turnaround Management: From Crisis to Revival and Long-term Profitability

Front Matter....Pages i-xxiv
Front Matter....Pages 1-1
International turnaround management: definition, purpose, symptoms and trends....Pages 3-31
Different kinds of turnaround situation....Pages 32-53
Overview of the different steps involved in most turnarounds....Pages 54-78
‘When Cash is King’: squeezing the balance sheet for cash....Pages 79-107
The Blueprint for the Future Company, quantitative benchmarks and choice of strategy....Pages 108-142
Rebuilding the new management team and creating a new team spirit....Pages 143-166
Where to get plan input data....Pages 167-210
‘Penetrating the fog’: activity-based costing (ABC) in three turnaround situations....Pages 211-244
Front Matter....Pages 245-245
The Allgon Case Study....Pages 246-264
The ESAB Group restructuring the European welding industry....Pages 265-293
Atlas Copco Tools....Pages 295-311
Atlas Copco Mining and Construction....Pages 313-325
Almex....Pages 327-333
The Tarkett Case....Pages 335-362
Back Matter....Pages 363-376