Business coaching to prevent turnaround situations. (also known as Business Rescue)

I have recently read the book.

JEFF SANDS is a corporate turnaround specialist who has devoted his career to saving businesses, jobs, and the communities they support. He grew up in a family manufacturing business and returned in his thirties to run, grow, fix, grow again, fix again, and eventually lose that business in the wake of Hurricane Katrina. Since then, Jeff has focused solely on saving other businesses and has developed a reputation as the best guy to call in the worst situations.

Jeff is a Certified Turnaround Practitioner (CTP) who was awarded a coveted TMA Turnaround of the Year Award in each of 2017, 2018, and 2019 and also the 2020 Turnaround Consultant of the Year by M&A Advisor. He consults select clients through Dorset Partners LLC (www.DorsetPartners.com) and pursues distressed industrial acquisitions through American Industrial Acquisition Corp. (www.AIAC.com).

This book is highly recommended for any and all business owners who are contributing to society through capital formation activities. Business is usually such entrepreneur’s passion in life. As Jeff himself says in the preface of his book: “The ideal audience for this book is me 18 years ago: suddenly caught in a turnaround.”

Chapters 1 – 9 deal with the practicalities of business turnaround in a brilliant, clear, direct and practical manner.  A field in which information is limited.

Chapter 10, the last chapter in the book, then deals with “BUILDING LONG-TERM VALUE”.

It is in Chapter 10 that I made the connection between BUSINESS COACHING and the turnaround prevention or building post-turnaround.

As a practising and certified BUSINESS and EXECUTIVE COACH with expertise, dated and recent, of turnaround situations as an advisor, I experience a BLINDING FLASH OF THE OBVIOUS (BFO), an AHA moment when reading Chapter 10.

The rest of the Blog is Chapter 10 of “Corporate Turnaround Artistry” by Jeff Sands CTP, augmented by me, the writer of the blog, to illustrate the important role that BUSINESS COACHING can play in BUILDING LONG-TERM VALUE. Pre, During and Post turnaround action.