Corporate Recovery

When a corporation goes into decline, how can it recover? Slatter and Lovett, international business consultants based in London, identify seven ingredients necessary for a turnaround. Their analysis--which covers issues including diagnostic review, crisis stabilization, leadership, stakeholder management, and organizational change--is aimed particularly at chief executives and management teams at underperforming businesses as well as at venture capitalists, bankers, and investors. The volume deploys a squintingly difficult typeface; it constitutes a reprint of the authors' 1999 edition of a work called Corporate Turnaround, which was originally published in the 1980s. Annotation ©2004 Book News, Inc., Portland, OR (booknews.com)

Stuart Slatter is founding partner of Stuart Slatter & Company, Chairman of Stuart Slatter Training, and is a Visiting Fellow in Strategic and International Management at the London Business School. He has served as Visiting Professor at the University of California, Los Angeles, and at the University of Capetown. He has also been a corporate managing director and a senior management consultant. Mr. Slatter holds a law degree from Cambridge University and is a qualified barrister-at-law. He has also earned an MBA from Stanford Business School and a Ph.D. in marketing from London University. He is the author of a number of books and articles, and a founding member of the Society of Turnaround Professionals.

David Lovett is a Principal with AlixPartners, an internationally recognized firm that helps companies improve operating and financial performance and restore corporate value. He has some twenty-five years' experience advising troubled companies and in leading many restructurings and turnarounds, acting as CFO or CRO. He formerly was with Andersen and established their London-based turnaround practice. He is a business graduate from The University of Westminster, London, a fellow of the Institute of Chartered Accountants of England and Wales, and a fellow and founding member of the Society of Turnaround Professionals.