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TURNAROUNDS: A PROCESS, NOT AN EVENT.
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1991
Year
Business IntelligenceOperational DefinitionBusiness CaseBusiness AnalyticsComplex Event ProcessingManagementBusiness ScienceNot An EventBusiness Process Re-engineeringManagement AnalysisChange ManagementAccountingTurnaround ProcessStrategyProbability TheoryStrategic ManagementBusinessBusiness StrategyBusiness Firms
The turnaround process must be examined, not just a point or period before and after a turnaround's nadir. An operational definition of a turnaround for business firms is developed to recognize this process and insure that only firms that have actually experienced a turnaround are studied.