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Turnaround in 2012? 7 Nov 2011

Turnaround is an art. It even has its own trade body, the Institute for Turnaround. (Members can add the splendid letters MIFT after their names - which makes them sound perpetually discontented.) But the basics are familiar to every finance exec: cash and forecasting. I was chatting to two US CFOs in PE-backed businesses last week, and they were clear:... Read more