Memoirs of a turnaround artist: McKinsey's Doug Yakola

For more than two decades, Doug Yakola has served as the chief restructuring officer or CFO on a dozen turnaround situations. Now a senior partner in McKinsey & Company's Recovery & Transformation Services, he explains how turnarounds have evolved, what any effort must immediately address, and why managers find them so difficult.
Visit our site to read his "Ten tips for leading companies out of crisis": bit.ly/McK10TurnaroundTips

[@jamescc2010]

Very real and valuable advise. Thx

[@smiths.7134]

Why did he fail in turning around ATA airlines?

[@zes3813]

wrg, like, can be not unknown, known or not doesn't matter, no such tendency. happy about doing new things

[@MultiMarko80]

Ego as major CM enemy...