Publisher: Wiley, 2002, 294 pages
ISBN: 0-471-03626-9
Keywords: Turnaround
Direct, funny, and brutally honest, Gary Sutton addresses executives of faltering businesses and provides proven tactics for stopping negative cash flow, turning a company around, and rebuilding profits in this practical book. His role as "CEO du jour" in eight different industries resulted in remarkable transformations — and now he shares his hard-hitting wisdom and unique perspective so that your company can experience a similar resurrection.
The Six-Month Fix gives you complete access to real-life, no-holds-barred examples, situations, and methods of fixing any company the right way, the first time. Whether your business is paralyzed by steep losses, or just breaking even but still losing ground to competitors, Sutton shows you how to reverse direction immediately and see results in six months!
Mind you, this book is not for the faint of heart — Sutton is frank in outlining the gut-wrenched process of a turnaround, deliberately meant to frighten you into action, and help your business avoid bankruptcy. This involves embracing change, defining realistic goals, and becoming smarter about risks you'll need to take once your business is back on its feet. Depending on your situation, Sutton directs you to sections in the book you need to focus on right away, be it stopping the bleeding and stabilizing your cash, or shifting into the next gear to enhance profits and lift your company to new heights.
Business was stories in The Six-Month Fix guide management. You'll learn:
This isn't just a battle for survival — it's the fight of your life. And nowhere will you receive more straightforward, essential advice on winning than in The Six-Month Fix.
A very good book. Not only for the practical tips, but also for the introduction to a position many people don't know exists.
Of course, some of the advice is very centered around an American culture and regulations, which are alien to Europeans and Asians, but if you disregard those, it makes a wonderful reading as a 101 in real management.
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