Whether or not debt needs to be addressed, corporate turnaround always involves identifying and correcting core operational flaws and inefficiencies which have inhibited growth potential or exposed the business to the risks of emerging competition, disruption or change.
“Corporate Turnaround” means a lot of things to a lot of people. President Aaron Todrin explains how, when unsupportable debt is a factor, debt-elimination is the first step, laying the necessary foundation for a successful turnaround.