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But a successful turnaround was no guarantee of long-term success in an environment clouded by uncertainty.
A successful turnaround artist does more than negotiate favorable terms with lenders.
They agreed, and their contributions have helped lead Xerox's successful turnaround.
Performance, of course, is the ultimate measure of a successful turnaround.
What are the most common reasons that firms fail, and what are the critical ingredients for a successful turnaround?
Mulcahy said that effective communication was perhaps the single most important component of the company's successful turnaround strategy.
Mr Mulally heads to Detroit from Boeing, where he led a successful turnaround of the commercial-aircraft division.
The successful turnaround of the "Trojan horse" school Park View — now Rockwood Academy — couldn't have proved this view more wrong.
Building a shared mental model was the first step in a successful turnaround for a commercial printer.
Using that model, a successful turnaround of SDB, now a weak second-tier lender, would create a much-needed oasis of rigour inside China's otherwise wretched banking system.
The company still appears far from being a successful turnaround story, as many analysts question whether Yahoo can can equal its rivals in attracting advertising.
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CEO of Professional Science Editing for Scientists @ prosciediting.com