Michael Kaiser was appointed to advise the board on a turnaround strategy, including the recruitment of a new general director.

To the public and the news media, Mr. Amelio had asked for 100 days on the job to prepare a turnaround strategy.

All of this would sound like Cassandra's wails if Kmart's turnaround strategy were guaranteed.

"Xerox can now continue to focus on effectively executing its turnaround strategy."

Yet he has built Sears's entire turnaround strategy on respect for the middle-to-lower-income shopper, the company's bread and butter.

Nevertheless, it is important to note, that no empirical study sets a certain turnaround strategy.

The outcomes of the turnaround strategies can result in three different ways.

For Balducci's, the decision to hire a well-known restaurant chef came as part of a turnaround strategy.

The $3.5 billion sale of its credit card business to Citicorp is just the most recent component of an aggressive turnaround strategy.

After laying out his turnaround strategy to a reporter in a long, breathless speech, he stopped suddenly to ask: "What do you think?"