What is turnaround management?
Turnaround management refers to the strategic steering of a company out of a crisis in order to restore stability and long-term success. It involves analyzing financial, operational or structural problems, developing suitable solutions and implementing them consistently. The focus is on securing liquidity, optimizing processes and restoring competitiveness. The aim is to regain the trust of stakeholders such as employees, investors and customers and to create the basis for a sustainable future. A successful turnaround requires decisive action, clear communication and often also a cultural realignment within the company.
Turnaround management in SMEs
Turnaround management in SMEs is particularly challenging, as small and medium-sized companies often have limited financial and human resources. Nevertheless, it is crucial for these companies in particular to recognize crisis situations at an early stage and take targeted action. The focus is on securing liquidity, identifying core problems and implementing effective measures quickly. Clear communication with employees, customers and business partners is essential in order to maintain trust and gain support. Successful turnaround management can not only lead SMEs out of the crisis, but also strengthen them in the long term and make them more resilient.
The importance of leadership in turnaround management
The importance of leadership in turnaround management is key, as it has a decisive influence on the success or failure of crisis management. In turbulent times, companies need a clear vision and decisive leadership to create stability and restore trust among employees and stakeholders. Managers must not only make the right decisions, but also communicate them transparently and implement them consistently. At the same time, empathy is required to address fears and resistance within the team and maintain motivation. Strong leadership creates the basis for effective change and a sustainable return to competitiveness.
Everything about turnaround management in one template
With our PowerPoint template on turnaround management, you can optimally prepare yourself and your company for times of crisis. We provide you with a wealth of important information on the processes, approaches and measures of turnaround management, which you can present yourself without much effort. Explain the particular importance of turnaround management for SMEs and managers and explain the differences between a strategic, operational and financial turnaround on professionally designed slides.
With this template for PowerPoint …
- you will receive basic information on turnaround management.
- present the importance of turnaround management for SMEs.
- learn more about the role of leadership in turnaround management.
This PowerPoint template contains:
- Quote
- What is turnaround management?
- Definition
- Restructuring vs. Turnaround management
- When does turnaround management make sense?
- Internal and external causes of crises
- From the first crisis to insolvency
- Success factors of turnaround management
- Goals of turnaround management
- Challenges of turnaround management
- Results of the turnaround management
- Turnaround management approaches
- Strategic turnaround
- The role of the strategic turnaround
- Operational turnaround
- Recognizing the need for an operational turnaround
- Financial turnaround
- Rebalancing process
- Comparison
- Turnaround management process
- Step 1: Analysis phase
- How does the analysis phase work?
- Step 2: Concept phase
- Turnaround plan
- Step 3: Implementation phase
- Turnaround management roadmap
- Step 4: Stabilization and growth phase
- Stabilization vs. Growth
- Key principles of turnaround management
- Turnaround management and leadership
- The role of leadership
- 4A model
- Level 5 Leadership
- Appropriate management approaches
- Critical success factors of leadership
- Psychological aspects of leadership in turnaround management
- Challenges and risks for managers
- Best practices for managers
- Turnaround management in SMEs
- The importance of turnaround management for SMEs
- Special challenges of SMEs
- SMEs particularly susceptible to crises
- Special features of turnaround management in SMEs
- Turnaround management as an opportunity and challenge for SMEs
- Crisis prevention
- What are early warning systems?
- The advantages of early warning systems
- How do early warning systems work?
