The document discusses various turnaround strategies that companies can employ when facing declining performance or a crisis. It outlines performing a SWOT/TOWS analysis to identify internal and external factors contributing to the decline. There are two main types of turnaround strategies: operational strategies focused on improving business operations, and strategic strategies focused on adjusting the company's product/market profile. The document provides examples of specific turnaround tactics and outlines a typical road map process from initial crisis response to sustainable recovery.

1. Turnaround Strategies Time is Right !! Anand Subramaniam

4. SWOT / TOWS Analysis

5. SWOT Profile Aggressive Strategy Reconfigure Strategy Turnaround Strategy Diversify Strategy S W T O

7. Information / Data Sources

9. Types of Turnaround Strategies

10. Types of Turnaround Strategies Operational The focus is on finding ways to improve the operation of the business and designed to halt the decline. Strategic The focus is on adjusting the strategic focus of the business in terms of its Product/Market profile and halt the decline.

13. Road Map

14. Sequence of Events Preparatory Stage Short Term Fix Growth Stage Restructure / New Leadership Team Organisational Culture Financial Restructuring Cost Reduction Asset Redeployment Value Chain rebuilt Selective Product / Market Strategy Repositioning Strategy Revenue / Profit Increasing Strategy New Marketing / Channel Strategies