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Corporate Turnaround: Nursing a sick company back to health (Second edition)
When the first edition of the above book was released, it instantly became the best-selling business book in 2002 as the global economy was just hit by the dot.com crash. Now we are facing another global economic crisis - much bigger than the dotcom crash.

The first wave of financial tsunami was triggered by the collapse of Lehman Brothers in US in 2008. And just when you thought it was safe to get into the waters, are we seeing the second wave of financial tsunami coming with the sovereign debt problems in several countries in Europe in 2010? The US economy appears to be slowing down again? Are we out of the woods yet?



There are many uncertainties ahead. The only certainty is that most companies need to transform and turnaround as it is no longer business as usual. Yet, many companies do not know how because they have not met such a major global crisis like this one before. This is why there was a need to release the second edition of the best-selling to help many distressed companies overcome the challenges ahead.

Stay away from such a desperate situation and save your company from the trouble of having to deal with a depression RIGHT NOW! The solution is to learn from the expert on how to manage the challenges. And avoid making the same mistakes that other people have made on corporate turnaround and transformation.



If you are a corporate that’s trying to handle rapid change amidst a dynamic business environment in this competitive era then this is the most important talk that you are ever going to attend. But make sure you do not let your competitors know about this book.

Or, you may be the lucky one reading this as your company is not in the critical life-and-death situation but merely seeking market expansion and innovation. This book is just for you too as the author will be sharing some of the best-kept secrets in this area.



The following are just some comments on the first edition of the book:
The US marketing guru, Professor Philip Kotler commented, "Dr Teng offers a promising and insightful programme for restoring life to troubled companies.” The business tycoon, Mr Oei Hong Leong, Chairman of China Strategic Holdings Ltd commented, “His three phases of corporate turnaround, namely surgery, resuscitation and nursing are workable and applicable to the restoration of many sick companies in Asia.”

Dr. Robin Lau, President, Singapore Confederation of Industries, Singapore, commented: “The turnaround techniques are systematically presented, thought-provoking and inspiring. An excellent reference guide for businessmen, executives, professionals and people who are interested to improve their company’s performance.”

Professor Subhash Mehta, Visiting Professor,Faculty of Business and Commerce, University of South Queensland, Australia commented: “Interesting, insightful and rewarding.”

Mr. Jose Jesus F Roces, Associate Professor, Executive Education, Asian Institute of Management (AIM), Philippines commented: “Dr. Teng … has developed recipes that will transform a critically-ill corporate entity into a healthy organization “

Dr. Y Y Wong, Chairman,The Wywy Group, Singapore, Chairman, Pacific Business Economic Council commented: “Dr. Mike Teng … is able to offer revolutionary insights that promise universal applications with total clarity. “

Professor Mike Wood, Executive Dean. Curtin University, Australia: “Leaders, university staff and students will find its international and local dimensions very helpful and the medical analogy innovative and instructive.”

Professor Jagdish N. Sheth, Charles H. Kellstadt Professor of Marketing, Emory University, US commented: “The techniques and concepts discussed here are wide-ranging, equally applicable to those in critical need of reversing their ailing companies’ plight and those who desire to enhance their corporate fortunes for sustained long-term growth.“

This second edition of the book will share with you the exciting journey of how to ride through these difficult times. Therefore do not miss this great opportunity.
Wishing you turnaround and transformation success.

Regards

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Dr Mike Teng
DBA (UNISA), MBA(NUS), BEng, FIMechE, FIEE, CEng, PEng, FCIM,FMIS,SMSCS
Managing Director
Corporate Turnaround Centre Pte Ltd

admin@corporateturnaroundcentre.com

P.S. Be rest assured of success after adopting principles from my corporate turnaround handbook! In just 263 days you’ll leave your competitors dazed by your success. This is the best thing you can do.