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TURNAROUND MANAGEMENT Peter Drucker has observed that "entrepreneurship is 'risky' mainly because so few of the so-called entrepreneurs know what they are doing." We have found remarkable consistency in the patterns of organizational failure, as companies fall into the same strategic traps, again and again. We can help you: Evaluate troubled operations, isolate problem areas, develop action plans, and resolve difficulties with timely and practical solutions Develop and implement turnaround management action plans Assist in restructuring negotiations with lenders and trade creditors  What we have done for others (selected examples): As COO/CFO of NASDAQ-listed aviation services company, closed or sold unprofitable units; streamlined operations; restructured debt and returned to profitable operations. (1984-1986) Reviewed organization, management practices and operating cost structures of telecommunications services company. Recommended changes in organization, operating controls,information systems and equipment financing practices, leading to profit turnaround in 9 months (1989). As CEO of NASDAQ-listed manufacturer of computer peripherals, merged operations of two companies, implemented controls, reduced costs, improved product reliability, introduced new products and refocused marketing efforts. Achieved profitability in 15 months (1993-1994). Worked closely with owners and CEOs to "coach" them through the turnaround and restructuring of troubled operations.