Corporate Turnaround

Corporate turnaround refers to the process of revitalizing a struggling company, aiming to restore its profitability and operational efficiency. This often involves a comprehensive assessment of the organization’s performance, identifying key areas requiring change, and implementing strategic actions to address financial distress, operational inefficiencies, or market challenges. A successful corporate turnaround may include restructuring management, altering business strategies, cutting costs, divesting unprofitable segments, or seeking new investment. The goal is to return the company to a stable and profitable state, ensuring its longevity in a competitive marketplace.