Corporate Turnaround: How Managers Turn Losers Into Winners! [Paperback]

Donald B. Bibeault (Author)

Book Description

ISBN-10: 1893122026 | ISBN-13: 978-1893122024 | Publication Date: January 19, 1998 | Edition: 2

The ultimate guide on crisis management of corporations that are foundering or failing.

Editorial Reviews

From the Publisher

A comprehensive guide on how to turn a financially distressed company into a strong viable one. Based on the experience of 97 corporate leaders who successfully managed turnarounds in more than 200 failing corporations, the book analyzes the reasons for corporate decline, expounds on the key factors in turnaround success, and provides management strategies and practices for regaining growth and profits.

About the Author

Donald B. Bibeault has turned around severely troubled companies for more than twenty-five years. He has served as Chairman, CEO, or Chief Operation Officer of numerous corporations including Pacific States Steel, PLM International, Best Pipe and Steel, Inc., Ironstone Group, Inc., American National Petroleum, Inc., Tyler-Dawson Supply and Iron Oak Supply Corporation. He has also served as special advisor to the CEO of Varity Corporations (formerly Massey-Ferguson Ltd.) and as a workout advisor to Bank to America. He is a member of the Board of Overseers of Columbia Business School, a Trustee of Golden Gate University and a member of the University of Rhode Island Business Advisory Board. Dr. Bibeault holds an MBA from Columbia University and a Ph.D. from Golden Gate University.

Product Details

• Paperback: 428 pages
• Publisher: Beard Books; 2 edition (January 19, 1998)
• Language: English
• ISBN-10: 1893122026
• ISBN-13: 978-1893122024
• Product Dimensions: 9.1 x 6.2 x 1 inches
• Shipping Weight: 1.4 pounds (View shipping rates and policies)
• Average Customer Review: 5.0 out of 5 stars  See all reviews (6 customer reviews)
• Amazon Best Sellers Rank: #370,468 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

41 of 42 people found the following review helpful:

5.0 out of 5 stars Right on Target, April 8, 2001

By 

T James Herrmann (Larkspur, CA USA) - See all my reviews

This review is from: Corporate Turnaround: How Managers Turn Losers Into Winners! (Paperback)

I just reordered two more copies of Corporate Turnaround by Donald Bibeault.

I am an investment banker who, on occasion, has a client that gets into financial trouble. I find the book very helpful in both organizing a turnaround plan for the client as well as in coaching the client in taking corrective action.

When I first read Dr. Bibeault's book, I immediately recognized that this author knew exactly what happens to a troubled company and has mastered the tools of recovery from practical experience and not from some academic research. Bibeault's turnaround steps are simple and realistic and therefore can be applied in a variety of circumstances.

Each time that I encounter a turnaround situation, I offer my client a copy of Corporate Turnaround with relevant passages highlighted. As a first step, I always turn to Chapter 19 - "The Emergency Stage", and put emphasis on the section that covers Cash Flow Analysis and Control. Building a chart similar to the one showing a cash flow plan is an especially useful way to get started in the right direction.

I am delighted to see that this book is back in print because it's the best in its field. And in my case, its teachings have helped to save a number of companies from almost certain bankruptcy.

Jim Herrmann

4 of 4 people found the following review helpful:

5.0 out of 5 stars Outstanding, Must Have!, November 23, 2007

By 

M. Pedro "PineApple Pickers" (Kailua, HI) - See all my reviews
(REAL NAME)   

This review is from: Corporate Turnaround: How Managers Turn Losers Into Winners! (Paperback)

Outstanding book on completing and navigating a corporate turnaround.

- in depth commentary, from start to finish
- tells you the context of why companies fail to produce!
- tells you how and what to do to turn it around from step 1...

I have an MBA and I found this book to be very concise on developing the right corporate strategy to get a ship moving in the right direction.

MUST HAVE RESOURCE FOR YOUR BOOK SHELF!

4 of 5 people found the following review helpful:

5.0 out of 5 stars this is my bible, September 16, 2006

By 

kkc - See all my reviews

This review is from: Corporate Turnaround: How Managers Turn Losers Into Winners! (Paperback)

Despite having other books, I find that I refer to this book all whenever I need to refresh my memory about something. Very logically structured and with sufficient detail for you to get on with the job.