Preconditions for a successful turnaround management are: Ø No personal obligations or relations in the organisation Ø Power (responsibilities & authorisations) to execute changes Ø Leadership to get the organisation “on board” and ready for changes Ø Experience in: · Fast detecting inefficiencies · Finding solutions · Prepare for changes · Perform changes
E&P provides Management with the Experience & Power for a Successful Turnaround |
References Turnaround Management |