Turnaround management and corporate renewal : a South African perspective

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Title:

Author:

Harvey, Neil, Prof., editor.

ISBN:

9781868145195

Publication Information:

Johannesburg, South Africa : Wits University Press, 2011.

Physical Description:

xvi, 560 pages : illustrations ; 25 cm

Contents:

Introduction / Neil Harvey -- How turnarounds differ from normal management / Neil Harvey -- Overview of managing a turnaround / Neil Harvey -- The Turnaround Management Association -- Southern Africa (TMA-SA) / Jan van der Walt -- Turnaround situations / Jan van der Walt -- Turnaround strategy / Peter Flack -- Choosing a leadership style during a turnaround / Frans van Heerden -- Legal aspects of turnarounds / David Gewer -- The new business rescue procedure / Eric Levenstein -- Financial aspects of a turnaround / John Evans -- Change management / Dennis Applebee -- Human resources leadership in a turnaround / Ntombi Langa-Royds -- Strategic marketing challenges in a turnaround / Mark Peters -- Operations aspects of a turnaround / Jan van der Walt -- Managing stakeholders / Philip Reynolds -- Managing the corporation or business turnaround, demystified / Dana Cooper -- Legislative framework for the facilitation of turnarounds in South Africa / David Burdette -- A turnaround pratitioner's view on new business rescue legislation / Jan van der Walt -- Organisational politics as an element of the turnaround process / Frans van Heerden -- The valuation of a business facing distress or decline / Neil Harvey -- A union perspective / Petrus Nxumalo -- A banker's perspective / Robin TaggartSmall business turnarounds / Colin Barchelor -- The role of the internet in the turnaround strategy of small businesses / Roger Elliott -- Critical variables of venture turnarounds : a liabilities approach / Marcus Pretorius and Gert Holzhauzen.

Turnaround techniques and tools / Neil Harvey -- Value management / Kurt Huber -- One sucker required : corporate governance issues in business restructuring and turnaround management / Karl Gribnitz -- Recruiting for a turnaround / Johann Redelinghuys -- Converting debt to equity / John Evans -- Early warning signals / Neil Harvey and Albertina Jere -- Stress : who is in control? / David Kirby -- Amalgamated Electical Industries (AEI) / Herman Singh -- Amquip / Neil Harvey -- Barloworld / Ivor Stander -- Bevco / Robin Taggart -- BKS / Olaus van Zyl -- Food Corporation / Neil Harvey -- Karoo Farming / Dick Stringer -- Konkola Copper Mine / Albertina Jere and Mlenga Jere -- NEPAD dialogue : focus on Africa / Wiseman Nkuhlu -- Professional Management Review (PMR) / Babara Wood -- The South African Post Office / Marietjie Lancaster -- XYZ Company / Garrath Rosslee and Vanessa Cowan -- Review / Neil Harvey -- Conclusions / Neil Harvey -- Recommendations / Neil Harvey.

Subject Term:

Corporate turnarounds -- South Africa -- Management.

Corporate reorganizations -- South Africa -- Management.

Organizational change -- South Africa -- Management.

Business planning -- South Africa.

Added Author:

Harvey, Neil, Prof.,

Copies:

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Library	Material Type	Item Barcode	Shelf Number	Copy	Status
Searching... 1:MAIN	1:GEN-BOOK	000157695	658..4063 TUR	1	Searching... Unknown
Searching... 1:VCCT	1:GEN-BOOK	000121348	658.4063 TUR	1	Searching... Unknown

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Summary

This broad definition can apply to turnarounds in almost anything--a life, an endeavor, a company, a municipality, a non-profit organization, a sporting team, a school, a university or technicon, a government, a country or even a continent. Turnaround Management and Corporate Renewal deals mainly with the turnaround of business organizations. The strategic, financial, legal, human resources, marketing and operations, stakeholder management, political, and internal and external aspects of turnarounds are evaluated in depth by leaders in their fields.

Definitions, stages of a turnaround, rapid appraisal and detailed analysis, recovery plan development and implementation as well as the new Business Rescue legislation are covered. Change management, small business turnarounds, recruiting for a turnaround, value management and value engineering, early warning signals and managing stress are all included in the chapters. Tools and techniques that can be used to deal with many different turnaround challenges are explained in considerable detail, while the case studies are written by people who have led successful South African turnarounds.

Written by thirty-five noted management and turnaround practitioners, consultants and academics in South Africa, the book is partially based on the highly successful Wits Business School (WBS) program How to Manage a Turnaround and Corporate Renewal (MATCR). WBS was one of the first business schools in the world to introduce an executive education program in turnaround management when Neil Harvey and Frans van Heerden convened the first MATCR course in 2002.

Many of the discussed concepts and principles can be applied to various non-business turnaround aspects of life. The book is therefore aimed not only at management practitioners, consultants, academics and students, but also at staff experts, engineers, accountants and lawyers in the private sector, municipality and trade union leaders, government, parastatals, non-profit organizations, sporting clubs and educational institutions.