The Journal of Corporate Renewal
June 2003
Turning Around the Family Business
Turnarounds are tough enough in any company, but family businesses offer additional challenges as well.
Navigating the Road to Recovery
Family-Owned Businesses Pose Special Challenges
Although a turnaround professional called in to deal with problems in a family-owned business faces a real challenge, a successful turnaround in such a situation can be extremely rewarding.
Tradition Is Double-Edged Sword in Family Business
How can families prevent or overcome denial that has become ingrained in their businesses?
Preparing to Sell the Family Business
Careful attention must be paid to the unique aspects of a family business that will make a huge difference in how much the retiring owner takes away for a lifetime of effort.
Five Common Traps in Helping Distressed Family Businesses
While there is no clear prescription for managing relationships with a family-owned distressed business, the turnaround professional can at least avoid the disabling effects of making politically unwise interventions by avoiding five common traps.
10 Qualities of an Effective CFO
Rating System Shows Who’s Up to the Job
The CFO is often the second most critical executive in a turnaround who can have a large impact, positive or negative, on the ultimate success of a restructuring.
Breathing New Life into Home Health Agency
Turnaround Sets Not-for-Profit on Growth Track
What might have been an engagement to liquidate a very troubled entity has proven instead to be a highly successful turnaround.