Background: Existing evidence with regards to the organizational failure and turnaround are derived from the private sector. There is few corresponding review of the empirical evidence in the public sector. This review aimed at providing a summary of the research investigating the above items in the public sector.    Methods: A search strategy was developed to iden...

this qualitative study has been done with the final objective of exploring the in-crisis firms’ turnaround process, using a systematic plan of grounded theory. so, open 10 interviews were conducted exclusively with managers of listed (accepted) companies’ in tehran stock exchange experiencing financial crisis during 2006-2012 and they have been successful in turnaround. the results of analysis ...

Abstract Recovery strategy belongs to the group of rescue/reversing business strategies and is used mainly by companies facing financial or other problems which they are trying overcome. Moreover, this alternatively wishing prevent future problems. The overall objective recovery return sluggish situation in terms acceptable levels profitability. implementation turnaround achieved through proper...

Purpose: Against a backdrop of continued weak economic conditions and with many firms experiencing declining financial performance, this paper presents a synthesis of the business turnaround literature. It aims to identify which turnaround and recovery strategies have been effective historically, based on the evidence provided by previous empirical research. Design/methodology/approach: We revi...

A case study of an ERP project within a Fortune 100 company in the transportation industry is used to identify the strategies which facilitate a turnaround ERP project. The case study was developed using in-depth interviews with the President and the Chief Information Officer of the firm. The strategies described in this paper include project sponsorship, top management accountability, change c...