11 hours ago
Struggles test the true character of an organization. A turnaround strategy is not a quick fix—it’s a carefully designed approach to restore competitiveness and financial health. It may involve leadership changes, cultural shifts, or even strategic divestments. What makes a turnaround strategy powerful is its dual role: solving immediate crises while laying the foundation for long-term growth. For leaders, it’s a reminder that setbacks are temporary, but with the right turnaround strategy, resilience can become permanent.