Turnaround Articles

1). Learn To Play Guitar Chords: Learn To Play Turnarounds On Your Guitar By : Peter Edvinsson
Turnarounds are chord progressions with the last chord taking you back to the first chord thus making it possible to play these progressions over and over again as an intro to a song, an ending or between verses. Here are some nice sounding but easy turnarounds for you!
Article Related to: guitar, music, tab, tabs, lesson, chord, turnaround, progressions, learn

2). How To Avoid Trouble When Your Business Goes Under By : Reginald Young
Everybody who starts their own business has high hopes and plenty of reasons why they should succeed. Your idea may be the best of the decade, and you may have all the funding you think you'll need. Then, out of the blue will come a problem you never expected. For one business, their advertising budget ran out right before their service caught on with customers.
Article Related to: business, finance, bankruptcy, turnaround

3). Seven Keys To Get Out Of A Rut By : Paul Lemberg
Rut -- a routine procedure, situation, or way of life that has become uninteresting and tiresome... And not surprisingly, unprofitable. They say a rut is a shallow grave with two open ends. The good news (good news?!) is that the ends ARE still open, which means if you act fast, you just might out of it. How do we get into these ruts anyway? Who would voluntarily lie down in that grave, shallow or otherwise? Dr.
Article Related to: turnaround, strategy, business growth, entrepreneur, small business, business coach, business, marketing

4). Company is Already Bleeding Badly When the Financials are Red By : Mike Teng
There are many important imperatives and factors which are not quantified or measurable by the traditional accounting system.
Article Related to: financials, staff morale, brand equity, corporate culture, turnaround, change management

5). Just As Heart Ailment Is A Major Killer, Competition Is The Silent Killer By : Mike Teng
Competition is a silent and sudden killer like heart attack, it can creep up on you without warning. However, just as an individual can prevent this disease by adopting a healthy lifestyle, a company can stave off competition by remaining alert and adopting appropriate strategies to combat it.
Article Related to: competition, changes, turnaround, ceo, tqm, iso 9000, quality, psa

6). Litigation Can Put You Out Of Business In A Heartbeat By : Mike Teng
Many companies underestimate the potential gravity of getting into litigious situations. Lawsuits, especially in cases where one does not have strong legal legs to stand on, are potential minefields for disaster.
Article Related to: litigation, liquidated damages, turnaround, bankrupt, lawsuit

7). Why Talent Management Functions Like the Kidney? By : Mike Teng
The kidneys are sophisticated reprocessing machines and process the blood to filter out the wastes and extra water. Similarly a good talent management system will hire the good personnel, retain them and remove the bad ones.
Article Related to: talent management, human resource management, hires, staff, turnaround, ceos, personnel

8). The Greatest Lesson Is To Learn Faster Than Your Competitors By : Mike Teng
David Kearns former Chairman of Xerox in 1989 said: "We realize that we are in a race without a finish line. As we improve, so does our competition." But having done that, one has to quickly outpace your competitors in learning.
Article Related to: competition, changes, turnaround, ceo, thomas edison

9). Do Not Play The Game Of Blame And Shame By : Mike Teng
In Singapore, some business people could be heard saying at the coffee shops: "Blame your parents when you have no food and blame the government when your business is bad." Such wrong attitude provides a bad start to solving your problems. Shame and blame are not justifiable. Take responsibility.
Article Related to: attitude, blame, shame, accountability, take responsibility, turnaround

10). A Company In Crisis Is In A Nightmare By : Mike Teng
Crisis is visibly recognised when the company faces credit squeeze, negative profitability, cash flow problems and collection concerns.
Article Related to: crisis, credit squeeze, profitability, cash flow, failing company, change management, turnaround

12). Cash is Oxygen During the Restructuring Process By : Mike Teng
Though cash is not everything, its level of importance is the same as oxygen. Without it, you will certainly perish.
Article Related to: restructuring, profit, cash flow, turnaround manager, downsizing, avoid bankruptcy, turnaround

13). Be Paranoid About Healthy Growth By : Mike Teng
Company should not just be paranoid about survival, it should also be paranoid about healthy growth.
Article Related to: merger and acquisition, growth, turnaround, change management, stock market

14). If You Find a Rat on the Top of the Pole, Somebody Must Have Placed It there By : Mike Teng
Troubled companies are often the result of incompetent management. The rot at the top will fester downwards as they also hire incompetent sub-ordinates.
Article Related to: incompetent management, troubled company, change management, job rotation, turnaround

15). The Key To Successful Turnaround Is Early Intervention By : Mike Teng
Most diseases including cancer and heart problems are easier to cure if detected early. Similarly, most sick companies can be turned around if the problems are discovered early.
Article Related to: turnaround, change management, operational, legal, cure

16). People Tend To Do What You Inspect Rather Than What You Expect By : Mike Teng
Expectation sets the height of the bar, but it is regular inspection that resets the height of the bar so as to ensure it is achievable.
Article Related to: performance measurement, operational parameters, financial ratios, balanced scorecards, turnaround

17). Your Low Cost Competitors Want To Eat Your Lunch By : Mike Teng
Many industry leaders are faced with a sea of changes in the marketplace, particularly the onslaught of many low cost competitors. They are minnows and will grow to become sharks if they are not nipped in the bud.
Article Related to: change management, competition, turnaround, market share, low cost comeptitors

18). Accomplish Your Dream, Have A Good Team By : Mike Teng
Having a good team is fundamental in accomplishing your dreams. In this complex corporate world, no single person can have all the answers. The world is changing so rapidly that even a team comprising internal experts is overwhelmed in trying to follow and monitor the changes.
Article Related to: team, change, turnaround, external consultants, corporate turnaround