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Turnarounds: A Stage Theory Perspective

2002· article· en· W2047316057 on OpenAlex

Why this work is in the frame

A frame that forgets how it found something cannot be audited. These are the routes that admitted this work.

affAt least one author lists a Canadian institution in the pinned OpenAlex snapshot.
venuePublished in a venue whose home country is Canada.

Bibliographic record

VenueCanadian Journal of Administrative Sciences / Revue Canadienne des Sciences de l Administration · 2002
Typearticle
Languageen
FieldBusiness, Management and Accounting
TopicCorporate Insolvency and Governance
Canadian institutionsDalhousie University
Fundersnot available
KeywordsHumanitiesCorporationManagementPolitical scienceOperations managementPhilosophyEngineeringEconomicsLaw

Abstract

fetched live from OpenAlex

Abstract In strategic management, an impressive body of literature on turnaround has accumulated over the last three decades; however, the topic remains largely idiosyncratic and open‐ended. Based mainly on the tenets of the life‐cycle family of process theory, this paper presents a composite four‐stage model that unfolds the dynamics of turnaround and provides a basis for the development of a theory on which to draw further. By categorizing the elements of turnaround as three critical requirements–incidents, events, and concepts–the model explains how the elements germane to each stage, when combined, facilitate the progression from a crippling deterioration in performance to an enduring success or to an eventual death. An analysis of the turnaround of Chrysler Corporation provides preliminary support for the model. The model's implications for theory, research, and practice are also given. Résumé Au cours des trois dernières décennies, un nombre impressionant d'études portant sur le redressement des entreprises ont été menées en gestion stratégique. Toutefois, ces études demeurent dans l'ensemble très subjectives et manquent un encadrement méthodique très rigoureux. La présente étude, en prenant pour base certains postulats de la théorie du processus de la famille du cycle de vie, propose un modèle à quatre étapes pour analyser le processus de redressement d'entreprise. Ce modèle pose les premiers jalons d'une théorie qui peut faire l'objet d'études ultérieures plus approfondies. En définissant les trois étapes constitutives d'un redressement, à savoir les incidents, les événements, et les concepts, notre modèle explique comment les éléments propres à chaque étape, une fois combinés, facilitent le passage d'une performance médiocre à un succès stable, ou à une mort éventuelle dè l'entreprise. L'étude du redressement de la compagnie Chrysler constitue l'illustration préliminaire du modèle. Enfin, nous discutons l'apport possible du modèle pour la théorie, la recherche et la mise en pratique des redressements d'entreprise.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.003
metaresearch head score (Gemma)0.002
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesMeta-epidemiology (narrow), Science and technology studies, Scholarly communication, Insufficient payload (model declined to judge)
Consensus categoriesScience and technology studies
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: Theoretical or conceptual
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.475
Threshold uncertainty score1.000

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0030.002
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0010.002
Science and technology studies0.0020.005
Scholarly communication0.0010.004
Open science0.0010.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0010.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.112
GPT teacher head0.292
Teacher spread0.180 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it