Description:In Financial Turnarounds: Preserving Enterprise Value, the world's leading corporate turnaround specialists teach the essential skills you need to manage a financial turnaround -- or, better yet, avoid the need for one. This book presents an in-depth, insider's look at twenty successful turnarounds representing every key industry segment. The authors provide case summaries, early warning signs, and financial findings for turnarounds in manufacturing (Maytag and Navistar) and retailing (Joseph A. Banks and Musicland), as well as high technology, real estate, and the services sector. They compare leading turnaround methods -- financial and non-financial. Finally, they offer practical guidance for recognizing the early warning signs of financial disaster -- and taking effective action to avoid it. Part of a new series of books sponsored by the Financial Executives Research Foundation, a nonprofit affiliate of Financial Executives International, the preeminent professional association for senior financial executives, representing 15,000 financial executives worldwide. The Research Foundation, established in 1944, funded the research and case studies in this book.