Theoretical Review of Turnaround Strategy and Its Organizational Outcomes
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Date
2020
Authors
Nyagiloh, Kenneth Ateng’
Kilika, James M.
Journal Title
Journal ISSN
Volume Title
Publisher
Canadian Center of Science and Education
Abstract
Strategic management literature has recognized the role of turnaround strategy in the management process as a
critical strategy at the corporate level. Researches done on turnaround strategy and corporate performance have
however been biased with respect to limited scope in terms of the dimensions of performance as well as the
challenges in methodology and conceptualization that affect the generalization of the study findings. This paper
undertakes a review of the extant literature on the conceptual, theoretical and empirical work that brings about a
number of issues for use in presenting a case for the new theoretical model that is suitable for extension of the
current understanding of deployment of turnaround strategy and the ultimate results. The paper suggests an
integrated theoretical framework for use in linking turnaround strategy and corporate performance while
recognizing the significance of the role of organizational turnaround-based learned experiences and
organizational characteristics.
Description
A research article published in International Business Research
Keywords
Turnaround strategy, Organizational learning, Organizational characteristics, Corporate performance, Organizational development, Performance measures
Citation
Nyagiloh, K. A., & Kilika, J. M. (2020). Theoretical Review of Turnaround Strategy and Its Organizational Outcomes. Available at SSRN 3514730.