Corporate Turnaround (Paperback) | Released: 19 Oct 2010

Is downsizing the answer to solving corporate woes? Why is my company not growing? Why do companies fall sick, recover and subsequently succumb to the same ailments? If these questions sound familiar, chances are your company is in a slump and it does not seem like the situation will improve any time soon. Like many companies, yours has fallen sick due to corporate viruses, such as global economic slowdowns, the rapid changes of globalization, terror attacks and incompetent management. However, even dying companies can attain holistic and long-term recovery by applying the new breakthrough prescription of surgery, resuscitation and nursing. Using medical analogies, Corporate Turnaround: Nursing a Sick Company Back to Health prescribes effective and easy-to-administer turnaround techniques in the right doses. These techniques have been successfully applied by many turnaround specialists globally and re-formulated to be both universally applicable and user friendly. Dr Teng offers a promising and insightful programme for restoring life to troubled companies. His book contains a very important message for the many ailing companies in Asia and elsewhere, namely that there are workable diagnostic and therapeutic steps to cure the patient and restore health - Professor Philip Kotler, S. C. Johnson Distinguished Professor of International Marketing, Northwestern University, US This ground-breaking book expounds turnaround concepts such as surgery, resuscitation and nursing which are at the leading edge of turnaround management. A recommended reading for all business schools and executives interested in building strong enterprises. - Professor Vijay Mahajan, John P. Harbin Centennial Chair in Business, The University of Texas at Austin, US
About the Author: Dr Mike Teng is the author of a best-selling book "Corporate Turnaround: Nursing a sick company back to health", in 2002 which is also translated into the Bahasa Indonesia and Mandarin. His book is endorsed by management guru Professor Philip Kotler and business tycoons Mr Oei Hong Leong and Dr YY Wong. He subsequently authored more than fifteen management books. Dr Teng is currently the Managing Director of Corporate Turnaround Centre Pte Ltd (www.corporateturnaroundcentre.com) which provides corporate training and management advisory services in the region. He is the national trainer appointed by the National University of Singapore to train displaced senior managers and deploy them to run Small Medium Size companies. He has more than 29 years of experience in starting new plants, strategic planning, operational management responsibilities in the Asia Pacific region. Of these, he held Chief Executive Officer's positions for 19 years in multi-national and publicly listed companies. He was the CEO of a US MNC based in Singapore for ten years. He also advised several boards of directors of publicly-listed companies. Dr Teng served as the Executive Council member for fourteen years and the last four years as the President of the Marketing Institute of Singapore (2000 - 2004), the national marketing association. Dr Teng holds a Doctor in Business Administration (DBA) from the University of South Australia, Master in Business Administration (MBA) and Bachelor in Mechanical Engineering (BEng) from the National University of Singapore. He is also a Professional Engineer (P Eng, Singapore), Chartered Engineer ( C Eng, UK) and Fellow Member of several prestigious professional institutes namely, Chartered Institute of Marketing (FCIM), Chartered Management Institute (FCMI), Institute of Mechanical Engineers (FIMechE), Marketing Institute of Singapore (FMIS), Institute of Electrical Engineers