Using Cost Management Effectively in the Turnaround Process
Eugene F. Finkin
(President of Eugene Finkin Associates, a turnaround management consulting firm in North Miami Beach)
190
Abstract
A seriously troubled company needs cost management as part of a comprehensive survival effort. To determine the viability of the company, top management should develop a strategic concept of the company by defining its corporate objective in specific terms. For example: The Jones Co. will design and manufacture custom‐engineered automatic assembly equipment for the automotive industry.
Citation
Finkin, E.F. (1992), "Using Cost Management Effectively in the Turnaround Process", Journal of Business Strategy, Vol. 13 No. 6, pp. 62-64. https://doi.org/10.1108/eb039530
Publisher
:MCB UP Ltd
Copyright © 1992, MCB UP Limited