The turnaround experience: real-world lessons in revitalizing corporations
Saved in:
| Main Author: | |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
New York, NY [u.a.]
MacGraw-Hill
1991
|
| Subjects: | |
| Online Access: | Inhaltsverzeichnis |
| Physical Description: | XII, 335 S. Ill., graph. Darst. |
| ISBN: | 0070728992 |
Staff View
MARC
| LEADER | 00000nam a2200000 c 4500 | ||
|---|---|---|---|
| 001 | BV023807099 | ||
| 003 | DE-604 | ||
| 005 | 20120913 | ||
| 007 | t | ||
| 008 | 931102s1991 ad|| |||| 00||| eng d | ||
| 020 | |a 0070728992 |9 0-07-072899-2 | ||
| 035 | |a (OCoLC)916016981 | ||
| 035 | |a (DE-599)BVBBV023807099 | ||
| 040 | |a DE-604 |b ger | ||
| 041 | 0 | |a eng | |
| 049 | |a DE-634 |a DE-11 |a DE-188 | ||
| 084 | |a QP 340 |0 (DE-625)141861: |2 rvk | ||
| 100 | 1 | |a Zimmerman, Frederick M. |e Verfasser |4 aut | |
| 245 | 1 | 0 | |a The turnaround experience |b real-world lessons in revitalizing corporations |c Frederick M. Zimmerman |
| 264 | 1 | |a New York, NY [u.a.] |b MacGraw-Hill |c 1991 | |
| 300 | |a XII, 335 S. |b Ill., graph. Darst. | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b n |2 rdamedia | ||
| 338 | |b nc |2 rdacarrier | ||
| 650 | 0 | 7 | |a Turn-around-Management |0 (DE-588)4316279-4 |2 gnd |9 rswk-swf |
| 689 | 0 | 0 | |a Turn-around-Management |0 (DE-588)4316279-4 |D s |
| 689 | 0 | |5 DE-604 | |
| 856 | 4 | 2 | |m HBZ Datenaustausch |q application/pdf |u http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=017449269&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |3 Inhaltsverzeichnis |
| 999 | |a oai:aleph.bib-bvb.de:BVB01-017449269 | ||
Record in the Search Index
| _version_ | 1804139007103205376 |
|---|---|
| adam_text | Contents
Preface ix
Acknowledgments xi
Introduction The Problems in Today s Economy 1
Manufacturing Still Matters 1
How Do Firms Turn Around? 6
Part 1. The Individual Firm and the Turnaround
Process 9
1. Three Key Factors in Successful Turnarounds 11
Tactics of Low-Cost Operation 13
Tactics of Product Differentiation 15
Tactics of Leadership 16
2. Recognizing a Turnaround Situation 19
Signs of Decline 20
Recognizing a Turnaround Situation 22
The Stages of the Turnaround Process 24
3. Profit Patterns in Successful and Unsuccessful
Turnarounds 29
Selection of Turnaround Cases 29
Criteria for Success: Lasting Performance 30
Profit Patterns in Successful and Unsuccessful Turnarounds 32
Practical Lessons on Profit Patterns 35
v
vf Contents
Part 2. The Strategic Advantage of Low-Cost
Operation 37
4. Achieving Operational Efficiency 41
The Economics of Breaking Even 45
The Strategic Advantage of Upside and Downside Efficiencies 55
Low-Cost Operation and Product Differentiation Are Interrelated 56
Practical Lessons on Operational Efficiency 57
Case Histories 58
Case 1: Masters of Production at Buick 58
Buick Survived Because... 64
Case 2: The Harvesting of International Harvester 64
International Harvester Failed Because... 71
5. Achieving and Sustaining Modest Overhead 72
Expenses Unrelated to What the Customer Is Buying 73
Attaining Inventory Efficiency 81
Practical Lessons on Modest Overhead 86
Case Histories 87
Case 3: Professional Frugality at Nash 87
Nash Survived Because... 94
Case 4: Majestic Laxity at Willys-Overland 95
Willys-Overland Failed Because... 99
6. Lowering Cost through Design 100
Automation versus Designing for Manufacturability 102
Designing for Manufacturability 103
Practical Lessons on Lowering Cost through Design 106
Case History 106
Case 5: Making the Most of American Motors 106
American Motors Survived Because... 113
Part 3. The Value of Product Differentiation 115
7. Developing Distinguishing Product Features 119
Distinguishing Features and Turnaround Success 126
Practical Lessons on Distinguishing Product Features 133
Case Histories 133
Case 6: Best in Class at Ford 134
Ford Survived Because... 140
Case 7: Cosmetic Surgery at Kaiser-Frazer 140
Kaizer Failed Because... 144
Contents vil
8. Achieving Product Quality 145
Quality in the Product 146
Quality in the Process 148
Practical Lessons on Product Quality 149
Case Histories 150
Case 8: Getting It Right at Cadillac 150
Cadillac Survived Because... 156
Case 9: Leaving It Wrong at Hudson 156
Hudson Failed Because... 161
9. Sustaining Market Continuity 162
Avoiding Strategic Drift 162
Servicing the Declining Market 165
Practical Lessons on Market Continuity 168
Case Histories 169
Case 10: Saving the Best of Chrysler Corporation 169
Chrysler Survived Because... 174
Case 11: Market Vacillation at AMC/Renault 174
AMC/Renault Failed Because... 178
Part 4. Leadership and the Turnaround
Organization 179
10. Outfitting the Management Team 181
The Management Team 181
Personal Characteristics 189
Practical Lessons on Outfitting the Management Team 193
Case Histories 193
Case 12: Professionals in Place at Maxwell-Chalmers 194
Maxwell-Chalmers Survived Because... 201
Case 13: Witless Dissipation at Allis-Chalmers 201
Allis-Chalmers Failed Because... 207
11. Focusing on Present Operations 208
Focus on Needs in Turnarounds 209
Organizational Change 214
Practical Lessons on Focusing on Present Operations 219
Case Histories 220
Case 14: Cars for the Methodists at Packard 220
Packard Survived Because... 226
Case 15: Last Hurrah in South Bend 227
Studebaker-Packard Failed Because... 232
viii Contents v
12. Fair Play 233
Fairness as Discussed in the Earlier Literature on Management 234
The Manager in an Exemplary Role 237
Fair Play Extended outside the Firm 239
Practical Lessons on Fair Play 240
Case History 241
Case 16: Midwestern Ethics at Deere 241
Deere Survived Because... 247
Part 5. The Turnaround Experience Looking
Ahead 249
13. The Strategic Profiles of Turnaround Cases 251
Successful Turnaround Profiles 251
Unsuccessful Turnaround Profiles 254
Summary of Findings 256
Generality of the Findings 259
Alternative Explanations 261
Need for Improved Analysis of the Declining Firm 262
A Final Caveat 263
14. Real or Illusory Leadership? 264
Quality in the Managerial Process 264
Does Management Understand Its Job? 266
Turnaround Management as a Skill 270
15. Recommendations for the Future 273
Recommendations for Businesses Involved in Turnarounds 274
Recommendations for Boards of Directors 277
Recommendations for Business Schools 279
Recommendations regarding Public Policy 282
Conclusion 288
Appendix 291
Notes 301
Bibliography 305
Index 329
|
| any_adam_object | 1 |
| author | Zimmerman, Frederick M. |
| author_facet | Zimmerman, Frederick M. |
| author_role | aut |
| author_sort | Zimmerman, Frederick M. |
| author_variant | f m z fm fmz |
| building | Verbundindex |
| bvnumber | BV023807099 |
| classification_rvk | QP 340 |
| ctrlnum | (OCoLC)916016981 (DE-599)BVBBV023807099 |
| discipline | Wirtschaftswissenschaften |
| format | Book |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>01236nam a2200313 c 4500</leader><controlfield tag="001">BV023807099</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">20120913 </controlfield><controlfield tag="007">t</controlfield><controlfield tag="008">931102s1991 ad|| |||| 00||| eng d</controlfield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">0070728992</subfield><subfield code="9">0-07-072899-2</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)916016981</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV023807099</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-634</subfield><subfield code="a">DE-11</subfield><subfield code="a">DE-188</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">QP 340</subfield><subfield code="0">(DE-625)141861:</subfield><subfield code="2">rvk</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Zimmerman, Frederick M.</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">The turnaround experience</subfield><subfield code="b">real-world lessons in revitalizing corporations</subfield><subfield code="c">Frederick M. Zimmerman</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">New York, NY [u.a.]</subfield><subfield code="b">MacGraw-Hill</subfield><subfield code="c">1991</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">XII, 335 S.</subfield><subfield code="b">Ill., graph. Darst.</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">n</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">nc</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Turn-around-Management</subfield><subfield code="0">(DE-588)4316279-4</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="689" ind1="0" ind2="0"><subfield code="a">Turn-around-Management</subfield><subfield code="0">(DE-588)4316279-4</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2=" "><subfield code="5">DE-604</subfield></datafield><datafield tag="856" ind1="4" ind2="2"><subfield code="m">HBZ Datenaustausch</subfield><subfield code="q">application/pdf</subfield><subfield code="u">http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=017449269&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA</subfield><subfield code="3">Inhaltsverzeichnis</subfield></datafield><datafield tag="999" ind1=" " ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-017449269</subfield></datafield></record></collection> |
| id | DE-604.BV023807099 |
| illustrated | Illustrated |
| indexdate | 2024-07-09T21:37:14Z |
| institution | BVB |
| isbn | 0070728992 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-017449269 |
| oclc_num | 916016981 |
| open_access_boolean | |
| owner | DE-634 DE-11 DE-188 |
| owner_facet | DE-634 DE-11 DE-188 |
| physical | XII, 335 S. Ill., graph. Darst. |
| publishDate | 1991 |
| publishDateSearch | 1991 |
| publishDateSort | 1991 |
| publisher | MacGraw-Hill |
| record_format | marc |
| spelling | Zimmerman, Frederick M. Verfasser aut The turnaround experience real-world lessons in revitalizing corporations Frederick M. Zimmerman New York, NY [u.a.] MacGraw-Hill 1991 XII, 335 S. Ill., graph. Darst. txt rdacontent n rdamedia nc rdacarrier Turn-around-Management (DE-588)4316279-4 gnd rswk-swf Turn-around-Management (DE-588)4316279-4 s DE-604 HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=017449269&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Zimmerman, Frederick M. The turnaround experience real-world lessons in revitalizing corporations Turn-around-Management (DE-588)4316279-4 gnd |
| subject_GND | (DE-588)4316279-4 |
| title | The turnaround experience real-world lessons in revitalizing corporations |
| title_auth | The turnaround experience real-world lessons in revitalizing corporations |
| title_exact_search | The turnaround experience real-world lessons in revitalizing corporations |
| title_full | The turnaround experience real-world lessons in revitalizing corporations Frederick M. Zimmerman |
| title_fullStr | The turnaround experience real-world lessons in revitalizing corporations Frederick M. Zimmerman |
| title_full_unstemmed | The turnaround experience real-world lessons in revitalizing corporations Frederick M. Zimmerman |
| title_short | The turnaround experience |
| title_sort | the turnaround experience real world lessons in revitalizing corporations |
| title_sub | real-world lessons in revitalizing corporations |
| topic | Turn-around-Management (DE-588)4316279-4 gnd |
| topic_facet | Turn-around-Management |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=017449269&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
| work_keys_str_mv | AT zimmermanfrederickm theturnaroundexperiencerealworldlessonsinrevitalizingcorporations |