Financial Turnarounds: Preserving Enterprise Value
Editorial Reviews
Download Description
In Financial Turnarounds: Preserving Enterprise Value, leading corporate turnaround specialists teach key skills for managing financial turnarounds - and avoiding the need for them. This in-depth, insider's look at 20 turnarounds covers every key industry
--This text refers to the
Digital
edition.
From the Back Cover
The insider's guide to managing successful turnarounds.
Every successful company has its own business model: a set of assumptions it can use to profitably deliver its products or services. But the realities behind those models can change, often violently, with lightning speed-placing the survival of the business at immediate risk. Financial Turnarounds shows financial professionals how to recognize key signs of trouble fast-and what to do about it.
Drawing on 20 in-depth case studies from companies of widely diverse sizes, industries, and financial circumstances, this book covers every aspect of corporate turnarounds from the standpoint of the financial executive. Learn how to help non-financial managers understand the implications of the numbers; identify early actions that can prevent the need for a full-fledged turnaround; choose financial and non-financial strategies with the greatest likelihood of success; build consensus for a turnaround plan amongst the firm's leaders, line managers, and outside funders; and, finally, learn how to execute your turnaround rapidly and effectively.
Presents detailed case studies from 20 of the most significant turnaround efforts of recent years.
Part of a new series of books sponsored by the Financial Executives Research Foundation, a nonprofit affiliate of Financial Executives International, the preeminent professional association for senior financial executives, representing 15,000 financial executives worldwide. The Research Foundation, established in 1944, funded the research and case studies in this book.
In Financial Turnarounds: Preserving Enterprise Value, the world's leading corporate turnaround specialists teach the essential skills you need to manage a financial turnaround-or, better yet, avoid the need for one. This book presents an in-depth, insider's look at 20 turnaround efforts representing every key industry segment.
The authors provide case summaries, early warning signs, and financial findings for turnarounds in manufacturing, retailing, high technology, real estate, and the services sector. They compare leading turnaround strategies-both financial and non-financial-including capital-structure management, relationships with financial institutions, the use of outside advisors, and internal operational initiatives. Finally, they offer practical guidance for recognizing the early warning signs of financial disaster-and taking effective action to avert it.
Financial Turnarounds: Preserving Enterprise Value
Financial Turnarounds: Preserving Enterprise Value,Henry A. Davis,William W. Sihler,Financial Times Prentice Hall,0130087572,Accounting - General,Business & Economics,Business / Economics / Finance,Business enterprises,Business/Economics,Corporate Finance,Corporations,Entrepreneurship,Finance,Business & Economics / Corporate Finance
Fun Book:
Recommended Books