scholarly journals Business Turnaround: Looking From a Diagnostic View

2004 ◽  
Vol 3 (1) ◽  
pp. 1-16
Author(s):  
Sunita Panicker

A business turnaround appears on the surface to be a difficult task for any manager. The reasons for the company downturn are always not clear. You never know for sure if a poor decision, a poor leadership team or general industry downturn is to blame. Nevertheless, what is clear is the firm needs a business turnaround... and fast! A turnaround situation demands immediate attention to problems, arising from the client's customers, creditors, employees or competitors. The utmost confidentiality must be maintained to protect the market image of the company through out this time. Restructuring is for the best of times as it is for the worst of times. Most managers think of restructuring only when it is the worst of times. This compels them to restructure leaving not much leverage for options. Restructuring is best achieved when the enterprise is healthy and robust. Restructuring is relevant to all organization, failing and faltering as it is to healthy, robust and growing. Restructuring is as relevant intervention for public enterprises, as it is for private ones. In the past before the the economic reforms both public and private enterprises were relatively inflexible. Today, restructuring is more rampant in the private sector, than in the public sector. Both need it urgently and continuously. The business environment metamorphosed by globalisation. IT and Telecom has made restructuring necessary for survival. Sickness had wider ramifications. One must look at the problem from a diagnostic angle. There are various stages of turnaround, which is prescribed by Turnaround Management Association for successful turnarounds. The turnaround strategies adopted by various companies will give us insight into the success of a company.

Author(s):  
Andrew M. Yuengert

Although most economists are skeptical of or puzzled by the Catholic concept of the common good, a rejection of the economic approach as inimical to the common good would be hasty and counterproductive. Economic analysis can enrich the common good tradition in four ways. First, economics embodies a deep respect for economic agency and for the effects of policy and institutions on individual agents. Second, economics offers a rich literature on the nature of unplanned order and how it might be shaped by policy. Third, economics offers insight into the public and private provision of various kinds of goods (private, public, common pool resources). Fourth, recent work on the development and logic of institutions and norms emphasizes sustainability rooted in the good of the individual.


2020 ◽  
Vol 73 (1) ◽  
pp. 123-139
Author(s):  
Vivek Sankaran ◽  
Christopher Church

Over the past decade, the child welfare system has expanded, with vast public and private resources being spent on the system. Despite this investment, there is scant evidence suggesting a meaningful return on investment. This Article argues that without a change in the values held by the system, increased funding will not address the public health problems of child abuse and neglect.


2013 ◽  
pp. 127-140
Author(s):  
Mario Aldo Toscano

Starting from one of Franco Ferrarotti's latest publications Atman. Il respiro del bosco (Ed. Empiria, Rome, 2012), this essay develops on the basis of the considerations in the last sections of the text, to which we refer. The interpretation key to this note, purposefully hermeneutic though unveiled in its conclusions, relates to the return to nature. The transition from culture to nature and to the nature of the trees is not seen, in the long trajectory described by Franco Ferrarotti, as a «regression», but rather as the achievement of a wisdom able to contemplate sine ira ac studio (without anger or concern) the enormous shortfallings and decline of the public and private life in our country. The solitude of the «naturalized» thought brings a glimpse of hope, in that memory resumes its course no more towards the past but towards the future. Ferrarotti's "lessons» interpret the dramatic sequences of our history, remain in the atmospheres of thought, and are «received» as such, fertile sources of underground action.


Author(s):  
Nicholas N. Bowersox

Recent business practices over the past decade have been tainted with corporate restructuring strategies such as downsizing, reorganizations, and job redesigns. With the hopes of increasing efficiency, gaining productivity, and reducing costs, many companies have participated in such efforts. However, one must consider the irony behind this shrewd, if not tactfully harsh, business practice. While organizations continue to decrease their workforce in an effort to regain acceptable profit margins, cut back on “waste” and become “leaner”, they also stress the importance of sharing knowledge among employees and building organizational memory. How can a company effectively share knowledge and build organizational memory when its employee base is shrinking? This is an interesting question that has stirred much debate over recent years, both in the public and private sector. As such, this book chapter attempts to explore the paradoxical relationship between downsizing (brain-drain) and building organizational memory (brain-gain).


2011 ◽  
Vol 13 (2) ◽  
pp. 34-48 ◽  
Author(s):  
David Aspland

A significant shift has occurred in the nature of policing over the past 30 to 40 years across jurisdictions and contexts. The paradigm of policing as a purely government function is under challenge. Policing is becoming more “pluralised” with a range of actors, both public and private. This shift has significant social implications for the general public, together with the public and private organisations that provide policing services. These implications are discussed and highlighted through the use of information technology by private police in two areas—CCTV surveillance and intelligence gathering. This case discusses this shift between public and private sectors in policing. The situation is more complex than a simple public/private divide and plays host to a range of interactions that bring many actors into contact, competition, and alliance in networks and assemblages. Most research and regulation remains focused on public policing even though, numerically, private policing is now a major provider of policing services in an increasingly fragmented, pluralized, and commodified market. This case considers the regulation of private policing as it exists in the Australian context and how it applies to the use of information technology, together with issues for human rights, especially privacy.


2016 ◽  
Vol 24 (2) ◽  
pp. 193-208 ◽  
Author(s):  
João Sarmento ◽  
Marisa Ferreira

In the past decades many cities have experienced growing pressure to produce and stage cultural events of different sorts to promote themselves and improve economic development. Culture-led development often relies on significant public investment and major private-sector sponsoring. In the context of strained public finances and profound economic crisis in European peripheral countries, local community low-budget events that manage to create significant fluxes of visitors and visibility assume a particular relevance. This paper looks at the four editions (2011–2014) of Noc-Noc, an arts festival organized by a local association in the city of Guimarães, Portugal, which is based on creating transient spaces of culture by transforming numerous homes, commercial outlets and other buildings into ephemeral convivial and playful ‘public’ environments. By interviewing a sample of people who have hosted (sometimes doubling as artists) these transitory art performances and exhibitions, artists and the events’ organizers and by experiencing the four editions of the event and engaging in multiple informal conversations with the public, this paper attempts to discuss how urban citizens may disrupt the cleavages between public and private space permitting various transgressions, and unsettling the hegemonic condition of the city council as the patron of the large majority of events.


Author(s):  
Divya J Nair

Abstract: Cryptography is a tool that guards a network and data transmission over a network. Data Security is the core aspect of secure data transmission over untrustworthy network. Network security encompasses the authorization of access to data in a network, which is organized by the network administrator. Users select or are assigned an ID and password or other authenticating information that permits them access to information and programs within their control. Network security covers a wide range of computer networks, both public and private, that are used in ordinary jobs performing transactions and communications among businesses, government agencies and individuals. Networks may be private, such as within a company, or private which allow access to the public. Network security is involved in every type of institutions. In this article we concisely outlined Network security and cryptography along with its basic principles. Keywords: Network, Network Security, Cryptography, Asymmetric Cryptosystems, Symmetric Cryptosystems


2020 ◽  
Vol 36 (4) ◽  
pp. 7-30
Author(s):  
Slobodan Jovanović

The legal position of a notary public and the types of services he provides crucially affect the complexity of his liability, which arises from performing legally prescribed activities. Actions to protect and realize the public and private interest for a fee represent a risk from which the professional liability of a notary public may arise, which is equated with errors and omissions insurance. This leads to multiple types of liability: civil, disciplinary, offence and criminal. In this paper, the author explores the interest of the state, parties and notaries public in relation to the performance of notary public services to the extent relevant to this paper, the legal basis and manner of concluding professional liability insurance of notaries public, setting cover limits and some specific excluded risks and specific features of occurrence of insured event in professional liability insurance by getting an insight into comparative legal solutions of the law regulating notary public services, and finally the views of domestic and foreign legal theory.


2018 ◽  
Vol 203 ◽  
pp. 07003
Author(s):  
Syed Muzzamil Hussain Shah ◽  
Zahiraniza Mustaffa ◽  
Do Kyun Kim ◽  
Khamaruzaman Wan Yusof

Flooded roads have somewhat become a norm to the society and among the damages that floods can pose, there are fatalities and harm caused to people. Floating debris such as vehicles, manipulated by floodwaters could potentially cause harm not only to the public safety but also towards the public and private-owned properties. In the past, research on vehicle’s instabilities have been solely dedicated to static vehicles which are normally translated as vehicles parked on road surface. A vehicle when exposed to floodwater get influenced by different hydrodynamic forces and becomes prone to different instability modes, namely sliding, floating and toppling. Outcomes on such modes are somehow recognised in the works on static vehicles, but the mechanics of a moving vehicle under such influences have not been studied. Herein the influence of floodwater flows on the vehicle attempting to cross a flooded path (partial submergence) is presented. With that regards, a non-stationary model vehicle with the scale ratio of 1:10 (Perodua Viva) was used and a series of experiments were conducted. Moreover, a new formula to estimate the incipient velocity for a moving vehicle has been introduced and the prediction accuracy of the proposed formula has been validated using experimental data. Measurements were taken including approaching velocities and water depths, through which the instability was computed.


Author(s):  
Sithong Thongmanivong ◽  
Khamla Phanvilay ◽  
Thoumthone Vongvisouk

The forest cover in Laos has decreased over the past three decades for variety of reasons. The current Laos Government has committed itself to restoring the forest cover to 70 per cent by 2020. As a result, many conservation projects and programs have been planned and implemented in different parts of the country. REDD+ was introduced in late 2007; however, progress of implementation of REDD+ has been slow. This paper examines and updates the status of REDD+ implementation in Laos, using information from literature and interviews with relevant individuals. The paper reveals that progress of REDD+ is slow not only due to external factors but also on internal factors. Currently, there are various international organisations and NGOs, from both the public and private sectors, attempting to pilot REDD+ projects. Laos faces many challenges in implementing REDD+, including institutional arrangements; appropriate methods for carbon accounting, reporting and verification; benefit sharing; and engaging local communities.


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