Human resource turnarounds: advice from the experts

Authors: Oliver, John E.; Fredenberger, William B.

Source: Career Development International, Volume 2, Number 6, 1997 , pp. 274-277(4)

Publisher: Emerald Group Publishing Limited

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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.

Keywords: Human resource management; Personnel; Turnarounds; USA

Document Type: Research article

DOI: http://dx.doi.org/10.1108/13620439710178611

Publication date: 1997-11-01

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