The 10 Commandments of Turnaround

The 10 Commandments of Turnaround are guiding principles for successfully revitalizing a struggling organization. They include assessing and understanding the current issues, setting clear goals, securing strong leadership, creating a strategic action plan, focusing on cash flow, communicating transparently with stakeholders, making tough yet necessary decisions, aligning the team around common objectives, monitoring progress consistently, and being adaptable to change. Following these principles helps ensure a structured, proactive approach to restoring stability and growth during challenging times.