Reversing the Slide: A Strategic Guide to Turnarounds and Corporate Renewal by James B. Shein
Reversing the Slide: A Strategic Guide to Turnarounds and Corporate Renewal James B. Shein
Page: 384
ISBN: 9780470933244
Publisher: Wiley, John & Sons, Incorporated
Praise for Reversing the Slide
"James Shein has taken the complex, confusing, chaotic world of corporate failures and turnarounds, and turned it into a well-organized set of management principles, richly illustrated with real-world anecdotal experiences. This book is a must-read for any executive or director of a company facing severe challenges, with careful explanations of the accounting rules, fiduciary obligations, and bankruptcy processes that drive all turnaround efforts. While it is comprehensive and thorough, it is nonetheless engagingly readable throughout." —ROBERT S. MILLER, chairman of the board, AIG and veteran of numerous corporate turnarounds, including as CEO of Delphi
"This guide is an easy read for those interested in revamping troubled organizations. James Shein clearly articulates the basic legal and governance concepts needed; he also covers advanced techniques for implementing a successful turnaround."—JAMES SPRAYREGEN, head of restructuring, Kirkland & Ellis LLP
"This is an excellent road map from an author with CEO and board experience that will help you and your customers survive and thrive." —GLEN HINER, retired chairman and CEO of Owens Corning
"Leaders and managers: this is a must-read. Readers will learn to solve complex problems and reverse past mistakes. In today's economic environment, every organization must learn to renew and avoid underperformance." —DR. ARTHUR LAFFER, father of supply-side economics; author, Return to Prosperity: How America Can Regain Its Economic Superpower Status; and economic advisor to President Ronald Reagan, Prime Minister Margaret Thatcher, and many current political and corporate leaders
"This book's advice on buying troubled companies is useful for company executives, private equity funds, hedge funds, and entrepreneurs alike. It deals with finding the businesses and the steps that should be followed in turning them around." —FLIP HUFFARD, senior managing director, Restructuring and Reorganization, The Blackstone Group
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