Abstract
Paralyzed management and poor financial systems are central to a sinking company. The first step to recovery for the professional turnaround manager is to quickly select a turnaround team. Good team members have a sense of urgency and haven't isolated themselves at corporate headquarters. They know what needs to be done and who can help. Midanek providers pointers for cash management and determining whether the enterprise can be saved. If it seems it can, she shows us the steps in developing a plan and, most importantly, implementing it.
- © 2002 Pageant Media Ltd
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