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The human factor in turnaround.(Selected Topic)
Location, location, location--that is the catch cry of real estate agents when discussing property People people people--that should be the slogan of turnaround specialists when discussing turnaround management, says Riad Tayeh.
As accountants or financial and legal-based practitioners, we prefer to focus on the financial information to determine the status of a business. We often brush aside the human factor--which does not appear in the figures, the underlying culture, politics and interaction that actually determines the makeup of a company. The financials merely reflect the endeavors of the people involved.
What Is A Turnaround?
There are ...
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