Corporate Turnaround Artistry

FOREWORD

It's about time. . . .

At some point in your business career you will own, or work for, do business with, buy from, sell to, finance, or advise a business in drastic need of a turnaround. With virtually similar certainty you will prove to be unprepared for such a challenge. It doesn't matter what college you graduated from or what company you rose within. You will lack knowledge of even the most rudimentary facets of how to deal with such a reality. In fact, you won't know where to turn for help … until now. The business world needs this book, and Jeff Sands is uniquely qualified to deliver its message.

Perhaps your interest in business turnarounds is sparked by the hard reality that you presently find yourself engaged in one; or maybe you're impressively proactive and wish to forever avoid the need for one (bravo!); or maybe you wish to become a turnaround artist yourself. Happily, in these pages you will learn from someone who has played each of these roles. Not only will you learn the broad concepts of various approaches, but you can literally compile a to‐do list for first‐day activities, staff management, leadership, cash‐preservation methods, strategy development, stake holder relations … all of it. Best yet, these recommendations and the entertaining war stories that portray them, are offered up by someone who has been there, done that.

Although I am presently a professor of entrepreneurial practice at Syracuse University's Whitman School of Management, teaching ...