Corporate Turnarounds are a very important part of Corporate Development. In this talk, Dr. Tony Grundy, a leading thinker and author on Management, Strategic Consultant, and Business School Professor, takes you through what these are, what they entail, and their process.

Beginning with the diagnosis phase or how organizations may have got in trouble, he shows how to take a very challenging Corporate or Business situation and to unpick the causes of its demise or drift. Then he shows how to develop some options for turnaround and how to evaluate these in an objective and calm manner.

He differentiates carefully from the initial and more tactical steps to prevent failure from the longer-term strategies to realize much more value. He also deals with the leadership style and stakeholder management that needs to be orchestrated by a charismatic turnaround manager together with the internal and external dynamics.

He uses the contrasting cases of Harley Davidson and McDonald's to illustrate the typical issues faced in a turnaround context and the process.