Word: turnarounds
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...match against Princeton the next day by a count of 7-2. The next weekend at the Howe Cup, however, the fifth-seeded Crimson toppled second-seeded Penn, 6-3, propelling it to the title match against top-seeded Princeton. Grigg attributed her team’s one-week turnaround to a change in attitude. “We were really determined,” she said. “After we lost, we realized these were matches we could have won. It just takes a few games to win, especially when you’re so close...
...Riley, who had just narrowly defeated Siegelman in a bitterly contested election for governor. Though Republican Riley, a former Congressman, initially found himself behind by several thousand votes, he had pulled ahead at the last minute when disputed ballots were tallied in his favor. After the abrupt vote turnaround, Siegelman sought a recount. The Simpson affidavit says the conference call focused on how the Riley campaign could get Siegelman to withdraw his challenge...
...doctor," says Meridian Group president Maggie Good, the expert who staged a more daring than anticipated rescue. "When they can't make payroll, I get parachuted in." Good, with a background in restructuring small to midsize companies, founded Meridian in 1988 to do turnaround consulting, investment banking and mergers and acquisitions. Her partner (and husband of 32 years) Tom Von Lehman, a chemist by training, had managed a division at PPG Industries, the big Pittsburgh, Pa., glass and chemical company. He joined her at Meridian in the post-9/11 press of business to provide management expertise. She works with...
...York Stock Exchange, but it broke even on an operating basis and began 2005 with zero debt, having paid off the loan from CIT. By December, the company's stock was listed on the American Stock Exchange. Using exclusively Chinese manufacturing, Barry raised profit margins and completed the turnaround without losing core customers--most important, Wal-Mart. In 2005, the company made $8 million. By the time Von Lehman left in May 2006, the stock was trading in the $6.50-$7 range, up from its low of $1.40 in early 2004. In its latest quarter, sales increased...
Local solutions Back off from the business of slapping failure labels on schools and imposing remedies. Leave school turnaround to the people who are closer to the students, but fund research into what works...