Frequently Asked Questions
What is its mission?
The Mission Statement approved in 2004 states the Association’s scope and purpose.
TMA’s mission is to serve as a forum for corporate renewal professionals from all disciplines to promote high standards of practice, foster professional development and enhance the image of TMA members.
What is its vision?
The Vision Statement developed in 2004 identifies what the Association desires to become or to create in the long-term.
TMA will be recognized by the global business community as the pre-eminent organization in which turnaround and corporate renewal professionals from all disciplines choose to associate, market their services and develop their professional skills.
What is TMA?
Turnaround Management Association ( www.turnaround.org ) is the only international non-profit association dedicated to corporate renewal and turnaround management.
Who belongs to TMA?
Established in 1988, TMA has more than 9,000 members in 45 chapters, including 32 in North America , and one each in Australia, Brazil, the Czech Republic, Finland, France, Germany, Italy, Japan, the Netherlands, Southern Africa, Spain, Taiwan and the UK, with a chapter in formation in China.
They comprise a professional community of turnaround practitioners, attorneys, accountants, investors, lenders, venture capitalists, appraisers, liquidators, executive recruiters, and consultants.
How do I become a member?
You can join online by clicking on the Membership link at www.turnaround.org and filling out an application. Or you can call (312) 578-6900 or e-mail info@turnaround.org for a membership brochure and hardcopy application.
If you are a past TMA member and would like to renew your membership, please click here to login.
How do I contact a chapter?
At the top of the Web site page, click on Chapters. A list of chapters by state, region, and/or country comes up, along with the names of their current presidents and links to their Web sites. While on a chapter’s Web site, you can view all the board members or committees by clicking on the About TMA link and clicking on Board of Directors or Committees.
How do I find a TMA member?
At the top of the Web site page, click the Membership link to view the directory by chapter, industry, or occupation. You can also search for members by name, location, specialty areas, and other criteria using the Search > Members field within the page header.
How much does it cost?
Memberships are on an individual basis and run on a calendar year from January 1 to December 31. Annual dues are $300 for turnaround industry professionals, $125 for government employees and academic members, and $75 for full-time students.
Verification is required to join as a government/academic or student member. For more information about qualifying for these rates, please contact the Membership Department at (312) 578-6900.
Optional memberships include $110 for INSOL (International Federation of Insolvency Professionals) to gain access to insolvency professionals in 60 countries.
Why should I join?
TMA is the premier professional community dedicated to turnaround management and corporate renewal. At TMA’s international conferences, you will meet leading experts and the finest business minds in the restructuring industry worldwide. TMA’s strength comes its diverse membership -- professionals from many disciplines committed to a common goal: to stabilize and revitalize corporate value.
TMA’s chapters provide the opportunity to network and attend educational sessions to hone your corporate renewal skills and expand your contacts. To find a chapter near you, go to TMA’s home page (www.turnaround.org ), and click on Chapters link at the top to bring up a list of chapters by state, region, or country.
You will receive free as part of your membership the monthly The Journal of Corporate Renewal and access to members-only sections of the Web site.
For a list of other benefits, go to the Membership link at the top of the Web site or click here.