The first 90 days of any turnaround mission is crucial in terms of defining the actions that will have to be implemented in order to restore the company to financial health and then communicate to those concerned. Key Signals For Turnaround Management Employees are ignorant about the full business picture. Department Managers and first line supervisors do not fully participate in the decision-making process. Employees do not understand the nature of consumer product business where flexibility to respond to market changes is paramount. Employees do not trust the company's intentions and motives.
Product mix is composed of low growth brands.
Equipment reliability is poor. Packaging materials quality is poor. Employees do not discern any stake or personal commitment to the company. People are competent and have a lot of untapped potential. They are misled and weakened by an autocratic leadership style.