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Turnaround Prescription
• Cash is King
• Superstars in the game breaker positions
• Spiral notebooks
• Forward rolling weekly cash flow
• Raise prices now
Turnaround Prescription
• Contribution analysis by product/
geography/ biz strategy/ close/ sell
• Sell divisions down to viability
• There is no such thing as a fixed cost
• Cut deeper sooner sharper than you think
you have to
Turnaround Prescription
• Borrow $$ when you can, not when you
have to
• Upfront with everyone – no dragging
• Never make a promise you won’t keep
• Little success buys a lot of overhead

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Getting through the downturn prescription

  • 1. Turnaround Prescription • Cash is King • Superstars in the game breaker positions • Spiral notebooks • Forward rolling weekly cash flow • Raise prices now
  • 2. Turnaround Prescription • Contribution analysis by product/ geography/ biz strategy/ close/ sell • Sell divisions down to viability • There is no such thing as a fixed cost • Cut deeper sooner sharper than you think you have to
  • 3. Turnaround Prescription • Borrow $$ when you can, not when you have to • Upfront with everyone – no dragging • Never make a promise you won’t keep • Little success buys a lot of overhead