South Asian Journal of Management

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Rise Like a Phoenix:Scripting Corporate Turnarounds


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1 School of Management Studies Jawaharlal Nehru Technological University, Hyderabad and Professor, School of Management Studies Chaitanya Bharathi Institute of Technology Hyderabad 500 004, India
     

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Corporate turnaround – is it worth shedding the blood, sweat or tears over? Or Exit is the safe option? While employees and labour unions believe that turnaround is always possible, this does not work unless there is change in the thinking of top management. Shareholders find it is waste to pump additional resources in to an under-performing company and it is better to liquidate the saleable assets.
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  • Rise Like a Phoenix:Scripting Corporate Turnarounds

Abstract Views: 174  |  PDF Views: 0

Authors

A. Ramachandra Aryasri
School of Management Studies Jawaharlal Nehru Technological University, Hyderabad and Professor, School of Management Studies Chaitanya Bharathi Institute of Technology Hyderabad 500 004, India

Abstract


Corporate turnaround – is it worth shedding the blood, sweat or tears over? Or Exit is the safe option? While employees and labour unions believe that turnaround is always possible, this does not work unless there is change in the thinking of top management. Shareholders find it is waste to pump additional resources in to an under-performing company and it is better to liquidate the saleable assets.