Goals and Achievements » performance improvement http://goalsandachievements.com Leadership and Management Wed, 08 Feb 2012 08:38:17 +0000 en hourly 1 http://wordpress.org/?v=3.0.1 5 Common Mistakes of Financial Turnaround Projects http://goalsandachievements.com/leading/5-common-mistakes-of-financial-turnaround-projects/ http://goalsandachievements.com/leading/5-common-mistakes-of-financial-turnaround-projects/#comments Sun, 23 Nov 2008 10:22:19 +0000 Duncan Brodie http://goalsandachievements.com/?p=38 In the currently challenging economic climate, many organisations are having to embark on financial turnaround or financial survival projects.  While these might be necessary, what mistakes is it important to avoid?

  1. Seeing it as something for the accountants rather than business change projects.
  2. Focusing too much on quick fixes.
  3. Deck chair shuffling.  In other words making the easy changes while ignoring the big stuff.
  4. Short term focus rather than trying to create sustainable success over the longer term.
  5. Failing to give sufficient time to people to make the change happen.

What additional mistakes do you see when it comes to financial turnaround projects?

]]> http://goalsandachievements.com/leading/5-common-mistakes-of-financial-turnaround-projects/feed/ 2