Human resource turnarounds: advice from the experts

Abstract

Provides advice for human resource managers gathered from a panel of 24 turnaround managers. A turnaround is a situation in which a company has experienced a period of declining profits, high costs and/or inability to meet its financial obligations. Turnaround managers specialize in the turnaround of firms in financial decline. Presents the stages of a turnaround, human resource problems encountered in each stage, actions taken to correct the problems and advice for human resource managers.

Citation

Oliver, J.E. and Fredenberger, W.B. (1997), "Human resource turnarounds: advice from the experts", Career Development International, Vol. 2 No. 6, pp. 274-277. https://doi.org/10.1108/13620439710178611