1. How long, on the average, does a turnaround take (possibly broken down into decline stemming and recovery)? That can vary a lot. At Detecon, they schedule 4 to 10 months for a restructuring project. However, careful consideration must be given to the exact situation of the specific company. It is very rarely possible for [...]

The Turnaround Management Society (TMS) awarded John M. Collard, Chairman of Strategic Management Partners, Inc. its coveted Certified International Turnaround Manager (CITM) – “Level D” qualification at its highest level. “Mr. Collard and his company have done an enormous contribution to the field of turnaround management, achieved numerous successful and sustainable turnarounds for their clients [...]