18 January 2010

Leeds Business School is developing a new course in turnaround management with the backing of one of the industry′s leading exponents.

The course is designed to meet the development needs of those working with distressed businesses and those who want to work in the field of turnaround intervention.

Martin Allison said he was approached with the idea by Garry Wilson, one of the founders at Endless, a Leeds based company that specialises in investing in struggling businesses and returning them to profitability.

Mr Allison said; ”There are many reasons why companies struggle but a common factor is that they fail to seek help soon enough. Turnaround is the advice and assistance given to a business which is facing difficulty. Turnaround management involves the formulation and implementation of a strategic plan and a set of actions for corporate renewal and restructuring, typically during times during times of severe corporate and financial distress“

Click here to read the full article in the Yorkshire Post.