Reversing the Slide: A Strategic Guide to Turnarounds and Corporate Renewal

by James B. Shein

A just-in-time guide for revamping distressed companies Drawn from the author's decades of experience advising, purchasing, and reviving distressed companies across industries, geographies, and sizes, Reversing the Slide is designed to help executives, managers, and employees revitalize downtrodden companies. It shows how select the tactics appropriate for each stage of distress; understand the use of entrepreneurial concepts; avoid pitfalls common to turnarounds; determine the legal, financial, strategic, and operational steps in the process; discover why the principal of "ready, fire, aim" should guide the decision-making process in situations with time pressure and significant uncertainty; and uncover the secrets of effective leadership and governance. James Shein's Reversing the Slide is full of insightful advice on what works, what does not, and why it will prove invaluable to executives, managers, and employees in helping troubled companies before it's too late.

Genres: Business, Nonfiction

384 pages, Hardcover

First published February 10, 2011

Reviews

[Derek · Rating 5 out of 5]

I've read a lot of business books, but this was the first book I've read about turnarounds. I don't know if I'm giving it five stars because it's my first book on the subject and it's fascinating, or because it's well written and well supported, but this was a fun read.

[Racer_rajesh · Rating 4 out of 5]

Good Book, The initial chapters kept me engaged a "non financial" guy. The concept and stories add up and make great contribution to the book. Must read for people in the top job !