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Principles of Corporate Renewal

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Are sick companies destined to fail? Must thousands of workers continue to lose their jobs in downsizing and restructuring exercises? Principles of Corporate Renewal systematically examines these issues and describes a rational approach for dealing with financially distressed companies. It contains the first logical and orderly discussion of a number of modern business issues including outsourcing, turnaround management, layoffs, quality management, and reengineering. These subjects are carefully intertwined with information on important practices such as break-even analysis, failure prediction, and negotiations.
This is the first textbook in the field of corporate renewal especially prepared for students in graduate and undergraduate business programs as well as professional training seminars. Exercises provide students with the opportunity to try their hands at saving troubled companies and refreshing successful ones. Extensive real-world examples and an engaging writing style broaden its readership to include interested lay people, small business owners, bankers, and corporate managers. Other valuable features include a glossary of relevant terms and a comprehensive bibliography. Topics covered include:
"This is the first publication in the field of insolvency that includes all facets of turnaround and corporate revitalization--from historical statistics and perspectives to failure prediction models. It is much than simply a 'how to' path but does devote sufficient time to turnaround analysis and recovery process. A must-read for everyone in the insolvency field from turnaround professionals to bankruptcy judges." -- Gerald P. Buccino, Ph.D., Buccino & Associates, Inc.
Harlan Platt is Professor of Management, Northeastern University.

418 pages, Hardcover

First published June 1, 1998

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14 reviews
October 21, 2007
although i haven't read this books, but it's the only one who gave complete evaluation of corporate renewal include turnaround analysis.
i search this books in asian and australia but it's only existed in US or amazon.com and it's so expensive also.
so pity for me that my thesis who discussed about corporate renewal specially in turnaround analysis could not use this book as my sources.
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