Existing models of decline and turnaround assume an automatic initiation of a turnaround strategy when decline occurs …. However, extended decline over time suggests that the turnaround strategy did not match the causality and severity of the … of, triggers in understanding the decline/ turnaround sequence helps explain the iterative and non-sequential nature of …

During economic downturns, firms file for bankruptcy in an effort to attempt a "turnaround". The objective of this … be evaluated carefully when attempting a turnaround. …

During economic downturns, firms file for bankruptcy in an effort to attempt a "turnaround". The objective of this … be evaluated carefully when attempting a turnaround. …

prolonged periods of stagnation, decline anderoding competitiveness.Design/methodology/approach - The authors use a qualitative … understanding andattention afforded to the concept of reorientation in the literature onstrategic turnaround. The research also … illustrates howreorientation is intertwined with the broader turnaround process. …

necessary to recognize antecedents of decline, turnaround strategies, human resource (HR) strategies and practices … literature on turnaround strategy. This study combines the literature on both turnaround and HRM to focus on problem antecedents … managerial communications and stakeholder responses. The objective was to explore the company's turnaround strategies, human …

of financial difficulty, companies require a straightforward turnaround strategy execution system featuring clearly … implementing turnaround strategies that ensures the company's profitability. To achieve this, they recommend utilizing daily … the development of a straightforward turnaround strategy execution system by translating strategic programs and EBITDA …