The 20 Greatest Business Comeback Stories Of All Time
In a business, trouble can show up in the form of public relations disaster, poor management, recession, or even labor problems. If there is one thing that people globally love, it’s a comeback story which is characterized by overcoming all odds in the face of challenge. There have been many…...
India Inc’s 10 Most Successful Turnaround Tales
Bangalore: ‘Success’ has got various definitions but one single formula that each and every chief executive or entrepreneur truly believes in is to be strong in the tough situations. Whirlpool President (Asia Pacific) Arvind Uppal took charge of the company when a total crisis situation was going on. Arvind didn’t…...
Understanding the art of the corporate turnaround
Much has been written about the great value rotation in the past few weeks. To be fair despite many predicting the premature death of value investing it was probably a matter of when, not if, the market would switch to growth opportunities given the extent growth has outperformed value since…...
Qantas – a case of transformation Down Under
A look at how Qantas turned around its troubled international business. Before the Covid pandemic, it was hard to imagine a giant global airline suddenly halting service and grounding its entire fleet. But that’s exactly what happened to Qantas almost ten years earlier. It was October of 2011, and Australia’s…...
Sri Lanka turnaround update
The Sri Lanka Development Update (SLDU) has two main aims. First, it reports on key developments over the past 12 months in Sri Lanka’s economy, places these in longer term and global contexts, and updates the outlook for Sri Lanka’s economy. Second, the SLDU provides a more in-depth examination of…...
Artificial Intelligence and Insolvencies
The insolvency area of practice, like any other work area, is also experiencing digital disruption because of growing dependency upon the technologies like smartphones, cloud computing, data analytics, and social media. The ability of such technologies to transgress professional boundaries means that professionals are no longer considered to be sole…...
Netflix: 2023 Will Be A Pivotal Year For Its Turnaround Story
Summary With the top priority of management being the re-acceleration of revenues, this will be a top down effort to revitalise the business, which should improve investor sentiment. With the launch of the ad tier, management expects minimal negative effects in the form of migration between plans and incremental costs…...
Why Growth And Turnaround Plans Are Very Different
Peloton’s new CEO, Barry McCarthy, recently reported to analysts on his turnaround plan. He stated that a turnaround plan is hard work. He said that in turnaround situations there are always a lot of surprises. He said the turnaround would take a lot of time. If he was looking for…...
What Is a Business Turnaround? (With Tips and Examples)
Most businesses implement strategies to maintain their viability within their industry. Occasionally, they need special techniques to reshape or revitalize their business. If your company is experiencing a period of decline, consider reexamining your strategies to find areas you can improve and turn the business around. In this article, we…...
Business turnaround: Everything you need to know
A business turnaround can help you identify and correct what has led to your company’s declining sales and profitability. It can even help boost employee morale and motivation, improve customer satisfaction, and increase shareholder value. This article provides an overview of the steps involved in turning around a failing business…...