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What's Different About Public and Non-Profit ‘Turnaround’?

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  • Rob Paton
  • Jill Mordaunt

Abstract

This article reconstructs the literature on corporate turnaround in terms of its recurring features. It then tests these against the experience of four very different cases of the turnaround or attempted turnaround of public and non-profit organizations. It concludes that while some concepts from the corporate literature usefully highlight important aspects, other critical complicating features of what is needed to achieve a turnaround in public and non-profit contexts would be overlooked or poorly treated if the situation were considered simply in these terms. These complicating features deserve the attention both of practitioners and researchers.

Suggested Citation

  • Rob Paton & Jill Mordaunt, 2004. "What's Different About Public and Non-Profit ‘Turnaround’?," Public Money & Management, Taylor & Francis Journals, vol. 24(4), pages 209-216, August.
  • Handle: RePEc:taf:pubmmg:v:24:y:2004:i:4:p:209-216
    DOI: 10.1111/j.1467-9302.2004.00422.x
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    Cited by:

    1. Ferrè, Francesca & Cuccurullo, Corrado & Lega, Federico, 2012. "The challenge and the future of health care turnaround plans: Evidence from the Italian experience," Health Policy, Elsevier, vol. 106(1), pages 3-9.
    2. Ferri, Paolo & Zan, Luca, 2014. "Ten years after: The rise and fall of managerial autonomy in Pompeii," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 25(4), pages 368-387.

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