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Turnaround Management

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SYLLABUS

No. Modules/Units
1 Introduction to Business:
  Meaning, Definition, Importance, Features, Symptoms, Types of Business Organization. Different Approaches for Growth and Survival: ·            Internal and External ·            External Strategies ·            Survival Strategies
2 Industrial Sickness:
  Meaning and Internal / External Reasons of Industrial Sickness. ·            Symptoms of Industrial Sickness ·            Measures to Overcome Sickness by Government and Stakeholders ·            Role of BIFR in Sick Industries
3 Turnaround Management Strategies:
  Turnaround – Meaning, Definition, Indicators of Successful  Turnaround ·            TQM and Restructuring ·            Selling of a sick unit ·            BPR -           Meaning, Definition, Elements, need, Implications -           Approaches (Reengineering Team, BPR  Leader, Process owner, Kaizen, Flow Chart, 5S principles, Process Mapping)
4 Business Scenario:
  Features, Advantages, Disadvantages, Types and Present Status of:
  ·            Outsourcing ·            Networking ·            Franchising ·            Free lancing ·            Self-Financing ·            Start up
5 Leadership and Turnaround Management:
  Outfitting the Management Team, The Management Team, Personal Characteristic, Focusing on Present Operations, Focus on Needs in Turnarounds, Styles of Decision Making in the Turnaround Process, Organizational Change. Quality in the Managerial Process, Dilemma of Management, Turnaround Management as a Skill.

TYBBI — SEMESTER – VI

Author: Chandra Hariharan Iyer

               Manoj V. Bhatia

SEVENTH REVISED EDITION 2025

Description

SYLLABUS

No. Modules/Units
1 Introduction to Business:
  Meaning, Definition, Importance, Features, Symptoms, Types of Business Organization.

Different Approaches for Growth and Survival:

·            Internal and External

·            External Strategies

·            Survival Strategies

2 Industrial Sickness:
  Meaning and Internal / External Reasons of Industrial Sickness.

·            Symptoms of Industrial Sickness

·            Measures to Overcome Sickness by Government and Stakeholders

·            Role of BIFR in Sick Industries

3 Turnaround Management Strategies:
  Turnaround – Meaning, Definition, Indicators of Successful  Turnaround

·            TQM and Restructuring

·            Selling of a sick unit

·            BPR

–           Meaning, Definition, Elements, need, Implications

–           Approaches (Reengineering Team, BPR  Leader, Process owner, Kaizen, Flow Chart, 5S principles, Process Mapping)

4 Business Scenario:
  Features, Advantages, Disadvantages, Types and Present Status of:
  ·            Outsourcing

·            Networking

·            Franchising

·            Free lancing

·            Self-Financing

·            Start up

5 Leadership and Turnaround Management:
  Outfitting the Management Team, The Management Team, Personal Characteristic, Focusing on Present Operations, Focus on Needs in Turnarounds, Styles of Decision Making in the Turnaround Process, Organizational Change. Quality in the Managerial Process, Dilemma of Management, Turnaround Management as a Skill.
Narayan Niwas, 161,
Jagannath Shankar Seth Road,
Girgaum, Mumbai 400 004. Maharashtra, INDIA.

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