Why Turnaround Strategies Fail
Turnaround strategies are often used as a cure for declining performance in organizations. Many believe recovery is guaranteed simply because these strategies are implemented. This assumption is flawed because such strategies are interventions rather than guaranteed results.
When organisations experience failure or declining performance, turnaround strategies are commonly prescribed as the antidote, blindly associated with recovery. The term is often invoked with an almost unquestioning confidence that recovery is achievable simply because a turnaround strategy is being implemented. This assumption is fundamentally flawed, because a turnaround strategy is an intervention, not a […] The post Why Turnaround Strategies Fail appeared first on The Namibian .