Page 3 - Turnaround Strategy
P. 3
Business Continuity Score
Business Continuity Overall Score (24)
Supply Score (4)
Distributed Channel Score (3)
Overheads Score (5)
Sales Score (5)
Cash flow Score (4)
Human Resource Score (3)
The research and review revealed a high correlation in the findings resulting in the six turnaround strategies highlighted and surveyed in this report. The research revealed that the six turnaround strategies were consistently effective in helping businesses make a sustained recovery from a period of performance decline. Four of the strategies relate to the main objectives of the turnaround, namely, cost efficiencies, asset retrenchment, focus on core activities, and building for the future. The remaining two relate to the change process required for implementation i.e. leadership and culture.
