Leadership skills, competence and organisational processes needed to lead a company from a decline to a sustainably successful turnaround

摘要: This research sought to provide insight into the key leadership skills, competencies and organisational processes required lead a company from decline sustainable turnaround. The study focused on four attributes of managing turnaround: values culture, change high performance. aimed establish role impact above factors, particularly in corporate It further assessed ensuring implementation factors. revealed that turnaround leaders need develop new economy wave performance culture as foundation for creating ownership organisation’s objectives, well necessary alignment vision, mission strategy. was also noted is an ever changing issue, hence needs continually ensure remains support objectives. have emotional, cognitive spiritual intelligence order be proactive both process effects change. They transformational abilities drive pursuit excellence means achieving importance communication integral part each phases. Also great were such honesty, trustworthiness, sincerity commitment, fact tend believe people will driven by rules business, forgetting gather inspiration they able respond emotionally challenge, their leaders’ demonstrated personal attributes.