Turnaround Management Association - Southern Africa

News from the forum for turnaround and corporate renewal professionals - established for purposes of information exchange, knowledge capturing, networking, education and raising the standards of turnaround in Southern Africa.

Sunday, April 30, 2006

Conference: Managing business transformation

A 2-day conference on managing business transformation will be held 17 - 18 May at the Balalaika Protea Hotel in Sandton.

Follow this link to download the managing business transformation conference programme.

Issues such as low business transformation activity in the private sector; low consulting rates paid by the public sector; BEE transformation labeled as business transformation; difficulties with achieving effective business transformation in the public sector; corporate governance, are to be confronted at Managing Business Transformation conference.

This two-day conference (17-18 May 2006, Balalaika Protea Hotel, Sandton) is designed to address a variety of current topics and encourage direct interaction and case studies from organisations that have gone through transformation and those going through the process. This intensive conference will provide highly practical and relevant information on the latest developments in Business Transformation from practitioners, government, trade unions and consultants.

"Business Transformation focuses the attention on an integrated company-wide roadmap for an improved future. In doing so, it ensures alignment and internal consistency by reshaping the strategy, organisation and operations of businesses as a whole," noted Jan van der Walt, Corporate Renewal Solutions CEO.

But Business Transformation does not only provide the answers to what to change in response to market-place events. More importantly, it also provides the answers on how to manage such change through its focus on transformational change management to align and commit leadership, to involve and mobilise employees, and to obtain stakeholder support.

Business Transformation should be both an essential and a continuous management competency of any enterprise. It is about implementing the enterprise's business strategy and moving closer to its vision.

Change Agents are responsible for a variety of strategic and transformation duties necessary to run an organization efficiently.  They serve as information and communication managers for an organisation; gather competition intelligence and respond to environmental changes.

"A comprehensive change management programme is required so that employees (including all levels of management) can understand the business case for the transformation and can therefore buy-in into it," responds Nomzamo Ntuli, Rand Water's Corporate Planner.

Contact: Goodman Chauke on Tel: 011 784 0888

This news flash was brought to you by Turnaround Management Association - Southern Africa - the forum for turnaround and corporate renewal professionals in Southern Africa, established for purposes of information exchange, knowledge capturing, networking, education and raising the standards of turnaround.

Saturday, April 29, 2006

Conference: Managing a turnaround

A 5-day conference on turnaround management will be held 15 - 19 May at Wits Business School.

Follow this link to download the Turnaround management course brochure and application form.

Turnaround strategies and techniques are essential for any organisation in distress or any business.  A solid business plan can assist an entrepreneur in making a success of a company even after several failures or an organisation that is struggling.

“Businesses and entrepreneurs should not see bankruptcy or liquidation as the end of the road; rather they should be motivated to persevere by implementing an effective turnaround strategy in order for the business to survive,” says one of the programme leaders, Frans van Heerden: Wits Business School.

The “Managing a Turnaround” programme is designed to provide participants with an analytical framework, help develop a mindset to appreciate and tackle turnarounds and share experiences with turnaround leaders such as the CEO of Barloworld, Tony Phillips, who will be presenting his case study at the course.

The programme provides insight into the various stages and processes of turnaround management such as the definition, stages of a turnaround, rapid appraisal and detailed analysis, recovery plan development and implementations.  The financial, legal, operations, marketing, politics and human considerations are evaluated in depth.

CEO’s and managers who are likely to be confronted with turnaround situations or are involved in mentoring individuals on turnaround techniques are encouraged to participate in this programme.

The key learning outcomes of the programme include:

  • Differentiating how turnaround differs from “normal agreement”.
  • Provide students with a detailed analysis and recovery development plan.
  • Present case studies from the private sector, parastatals and government providing participants with a broader understanding of how turnaround strategies could be implemented in various sectors.

For more information on the course please contact programme manager: Debbie Sachs on tel: (011) 717-3637, e-mail: sachs.d@wbs.ac.za.  Alternatively contact Frans van den Heeden on cell: 082-557-5130 or e-mail: fmvh@mweb.co.za.

This news flash was brought to by Turnaround Management Association - Southern Africa - the forum for turnaround and corporate renewal professionals in Southern Africa, established for purposes of information exchange, knowledge capturing, networking, education and raising the standards of turnaround.

Friday, April 28, 2006

TMA: feature in TMA International Newsletter