Examining The Role of Strategy in Corporate Turnarounds from A Resource Base View: A Historical Analysis

Prior research on turnarounds has given considerable importance to measures like retrenchment, cost control and other operative measures, but the role of strategic change has been undermined so far. This work is centred at analysing the role of strategy in turnarounds. For the purpose of study an al...

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Main Author: Bhatia, Manpreet Singh
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2010
Online Access:https://eprints.nottingham.ac.uk/24114/
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author Bhatia, Manpreet Singh
author_facet Bhatia, Manpreet Singh
author_sort Bhatia, Manpreet Singh
building Nottingham Research Data Repository
collection Online Access
description Prior research on turnarounds has given considerable importance to measures like retrenchment, cost control and other operative measures, but the role of strategic change has been undermined so far. This work is centred at analysing the role of strategy in turnarounds. For the purpose of study an already identified turnaround company is chosen from Wild (2010) paper, to have no doubts regarding its qualification to the criteria. A case study approach prevalent to Business History Literature is adopted to analyse the role of strategic factors initiating turnarounds, in the light of resource base view theory. Special attention has been given to the criteria of defining company’s expansion in terms of organic & acquisitive growth, and how they have an impact in turnaround. The study finds that strategic factors like: Strategic Acquisitions, Diversification/ Refocusing and Changes in Management can play a major role in reviving company’s performance. It reveals that selection of an appropriate case following a contextual method of analysis in the light of resource base view theory can have an impact on the research findings. Results of this research unveils that strategy has consequences on company’s performance and play an important role in a successful turnaround.
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spelling nottingham-241142018-01-24T14:57:07Z https://eprints.nottingham.ac.uk/24114/ Examining The Role of Strategy in Corporate Turnarounds from A Resource Base View: A Historical Analysis Bhatia, Manpreet Singh Prior research on turnarounds has given considerable importance to measures like retrenchment, cost control and other operative measures, but the role of strategic change has been undermined so far. This work is centred at analysing the role of strategy in turnarounds. For the purpose of study an already identified turnaround company is chosen from Wild (2010) paper, to have no doubts regarding its qualification to the criteria. A case study approach prevalent to Business History Literature is adopted to analyse the role of strategic factors initiating turnarounds, in the light of resource base view theory. Special attention has been given to the criteria of defining company’s expansion in terms of organic & acquisitive growth, and how they have an impact in turnaround. The study finds that strategic factors like: Strategic Acquisitions, Diversification/ Refocusing and Changes in Management can play a major role in reviving company’s performance. It reveals that selection of an appropriate case following a contextual method of analysis in the light of resource base view theory can have an impact on the research findings. Results of this research unveils that strategy has consequences on company’s performance and play an important role in a successful turnaround. 2010-12-10 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/24114/1/final_man_diss.pdf Bhatia, Manpreet Singh (2010) Examining The Role of Strategy in Corporate Turnarounds from A Resource Base View: A Historical Analysis. [Dissertation (University of Nottingham only)] (Unpublished)
spellingShingle Bhatia, Manpreet Singh
Examining The Role of Strategy in Corporate Turnarounds from A Resource Base View: A Historical Analysis
title Examining The Role of Strategy in Corporate Turnarounds from A Resource Base View: A Historical Analysis
title_full Examining The Role of Strategy in Corporate Turnarounds from A Resource Base View: A Historical Analysis
title_fullStr Examining The Role of Strategy in Corporate Turnarounds from A Resource Base View: A Historical Analysis
title_full_unstemmed Examining The Role of Strategy in Corporate Turnarounds from A Resource Base View: A Historical Analysis
title_short Examining The Role of Strategy in Corporate Turnarounds from A Resource Base View: A Historical Analysis
title_sort examining the role of strategy in corporate turnarounds from a resource base view: a historical analysis
url https://eprints.nottingham.ac.uk/24114/