Since its publication in 1998, this indispensable text has been the only systematic examination of corporate renewal, offering a rational approach for dealing with financially distressed companies. It contains the first logical and orderly discussion of a number of modern business issues including outsourcing, turnaround management, layoffs, quality management, and reengineering. Now in its third edition, Harlan D. Platt has revised, updated, and expanded the text. As the first edition did, this new Principles of Corporate Renewal cuts to the heart of the patterns, procedures, and pitfalls of bringing a corporation back to life and health. New and exciting materials in this edition include factors to consider on the first day of a turnaround assignment and essential turnaround questions that help assess and focus the turnaround effort. This is a highly readable book on a fairly complex topic.

A comprehensive approach to renewing troubled companies

Since its publication in 1998, this indispensable text has been the only systematic examination of corporate renewal, offering a rational approach for dealing with financially distressed companies. It contains the first logical and orderly discussion of a number of modern business issues including outsourcing, turnaround management, layoffs, quality management, and reengineering. Now in its second edition, Harlan D. Platt has revised, updated, and expanded the text to include a new chapter on bankruptcy law, a profile of the turnaround manager, and an overview of the typical turnaround engagement. As the first edition did, this new Principles of Corporate Renewal cuts to the heart of the patterns, procedures, and pitfalls of bringing a corporation back to life and health.

A Casebook on Corporate Renewal spans a variety of business areas relevant to corporate renewal and turnaround management. Corporate renewal, as a topic taught and discussed in business schools, has surged in the past decade. The cases in this book were selected to cover the knowledge and skills needed by successful turnaround managers, including ethical and legal issues; developing a plan of reorganization; and defining problems and their solutions, including strategic, financial, and operating issues. The cases challenge students to actively engage in the decision-making process in order to learn how corporate renewal is practiced in real business settings. The Casebook is meant to accompany the third edition of Principles of Corporate Renewal by Harlan D. Platt, but it can be adopted separately or used with other management textbooks.

Ron J West (ronjwest.com) has been inspiring corporate transformation for more than 25 years, in in companies large and small. He wrote Corporate Caterpillars - How to Grow Wings to provide a kind of "blueprint" you can use to create your own individual and corporate transformation to move from limited to limitless. The book is not modeled on a single analogy like the transformation from caterpillar to butterfly, nor does it reduce the concept to a set of simple steps. But it does strive to recognize the richness of reasons why we often seem to be left with few choices. Everything shows up exactly when it is supposed to, just like this book! You are holding this book perhaps because you feel that either you or your company is stuck in some way. As an individual, maybe you have caught yourself repeating a pattern to sabotage your efforts to get to where you want to be. Perhaps you are a CEO, CFO, President, Vice President, Department Manager, or Project Leader. You are probably a business leader in a position to affect change in your organization; maybe your enterprise is a small family business or an international conglomerate. It matters not whether your company is a for-profit or a not-for profit, a public or a private enterprise, this book will show how to move from a world of limited options to a realm of limitless possibilities, transforming both you and your company.

This book takes an entirely new look at how companies ought to be managed. It argues that managers need to focus on how corporate decisions affect the firm's cash. The author, who is well known in the fields of management and crisis management, suggests that companies that follow the paradigm presented in the book are more likely to survive tumultuous times, provide higher returns to their investors, and have a conducive work environment./a