Abstract
This article is a real case study of an underperforming company that sought the advice of outside professionals, whose coordinated efforts enhanced shareholder value by more than $100 million in 18 months. It provides a history of the company leading up to the engagement of outside professionals and describes how a turnaround plan was created, the challenges along the way in fixing the company, and the results from the successful implementation of the turnaround plan. It also demonstrates how the effective use of multiple professional service firms with common interests and complementary capabilities can maximize the results of a successful turnaround in the shortest period of time.
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