IDEAS home Printed from https://ideas.repec.org/a/ids/ijbcrm/v13y2023i1p49-83.html
   My bibliography  Save this article

A multilevel model for the successful turnaround of declining manufacturing organisations – an investigative study

Author

Listed:
  • Sai Maitreya Ganti Mahapatruni
  • Meher Sai Saran Bolisetty
  • Sai Babu Bonthu
  • Seethepalli Sree Ganesh
  • P.G. Saleeshya

Abstract

Indian manufacturing organisations are under constant scrutiny. The entry of global supply chain and manufacturing players made it difficult for Indian manufacturers to establish themselves in the competitive market. This led to the continual decline of firms that were unable to cope with the competition. The decrease in a firm's performance further demoralises owners and stakeholders, thereby forcing them to sell the firm to global players. This study presents a two levelled model that divides the entire working of a manufacturing firm into six impact areas where firms must focus on improving their performance. The model consists of various reasons for an organisation's decline and presents suitable strategies to overcome these reasons. A survey was conducted based on the developments from the model from five manufacturing clusters to compare their stand against leading performers and to suggest areas of improvement with the help of the analytical hierarchy process and the Pugh matrix methodology. The comparison involved a biological method that birds use to differentiate their eggs from a cuckoo's egg. This method can be used for performance measurement and suggestions for performance improvement of any manufacturing firm among the identified clusters.

Suggested Citation

  • Sai Maitreya Ganti Mahapatruni & Meher Sai Saran Bolisetty & Sai Babu Bonthu & Seethepalli Sree Ganesh & P.G. Saleeshya, 2023. "A multilevel model for the successful turnaround of declining manufacturing organisations – an investigative study," International Journal of Business Continuity and Risk Management, Inderscience Enterprises Ltd, vol. 13(1), pages 49-83.
    • Handle: RePEc:ids:ijbcrm:v:13:y:2023:i:1:p:49-83
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=130289
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijbcrm:v:13:y:2023:i:1:p:49-83. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=333 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.