The Art of the Turnaround

A Comprehensive 10-Step Guide

Mike Dunlop

• Publisher: Barlow Publishing
• Year: 2024
• Topic: Business
• eBook ISBN:
  9781998841165
• Subtopic: Business General
• Index: Business

Restore Financial Health and Profitability with a Proven 10-Step Method

Is your company facing financial distress? The Art of the Turnaround offers a practical roadmap for CEOs and leaders to navigate challenging times and avoid financial ruin. Mike Dunlop shares his proven 10-step method, used to restore 34 companies to financial health and profitability.

Infused with Dunlop's down-to-earth humor and deep understanding of how people work, especially in a crisis, this guide provides actionable strategies for:

• Implementing effective turnaround strategies
• Improving company culture and employee engagement
• Mastering financial management and analysis
• Building strong stakeholder relationships

Discover how to transform a money-losing company into a thriving, enjoyable workplace. The Art of the Turnaround is for CEOs of troubled companies, leaders buying distressed companies, and entrepreneurs seeking proven strategies for success.

Table of contents

• Cover
• Copyright
• Contents
• Introduction
• The Three Pillars Behind Every Successful Turnaround
• More Companies Need Turnarounds Than We Tend to Think
• The Ten Steps to Turning a Company Around
• Step 1: Establishing Leadership
• Step 2: Financial and Cash Assessment
• Step 3: Company Meetings
• Step 4: Personnel Assessment
• Step 5: Implementation of Employee Recommendations
• Step 6: Business Assessment
• Step 7: Stakeholder Meetings
• Step 8: Quality and Process Improvement
• Step 9: Inventory and Equipment Valuation and Assessment
• Step 10: Company Presentation of the Go-Forward Plan
• Conclusion: Burn the Ships à la Cortés
• Appendix: Financial Primer
• Glossary
• Acknowledegments
• Index
• About the Author
• Back Cover