Leading Corporate Turnaround or Financial Management in Health Care Organizations

Leading Corporate Turnaround: How Leaders Fix Troubled Companies

Author: David Lovett

Leadership is never more crucial than when corporate survival is at stake. But the days of the tough guys are over. The leaders who are driving today’s sustainable turnarounds understand that the answers to a distressed company’s problems lie almost always within the firm itself – usually at middle manager level and below. The secret is cooperation. Drawing on interviews with top company doctors and advisers, as well as on the authors’ own experience, Leading Corporate Turnarounds explores seven key leadership and management skills required for successful turnaround, and shows why quickly gaining the buy-in and trust of all stakeholders is the key to ultimate success.

• Written by the founding directors of the Society of Turnaround Professionals (STP), with a proposed Foreword by the Society’s Patron Sir John Harvey-Jones

• Considers the different drivers of turnaround, the alternatives to it, and the restructuring processes required to move beyond crisis stabilization to sustainable change

• Features international case studies from leading companies including BT, Virgin Express, Arthur Andersen, Parmalat, GE, Lee Cooper, New Look and IBM

Interesting book: Brother Junipers Bread Book or Fork Me Spoon Me

Financial Management in Health Care Organizations

Author: Robert McLean

Financing of health care organizations is increasingly important in today's society. Financial Management in Health Care Organizations provides discussion on the fundamental principles of finance, accounting, and budgeting for both short-term and long-term assets and programs. Managers of health care organizations and those aspiring to become managers will find this an invaluable tool in helping to increase their understanding of the financial aspects of running and managing their businesses.

Table of Contents:

PART I: Introduction to Health Care Organizations. Ch 1: Financial Management in Health Care Organizations. Ch 2: Agency Problems and Agency Costs. PART II: Tools. Ch 3: Accounting and Cash Flow Analysis. Ch 4: Organizational Diagnostics: Financial Statement Analysis. Ch 5: The Time Value of Money. Ch 6: Valuing Assets. Ch 7: Cost Behavior. Ch 8: Budgeting and Variance Analysis. PART III: The Financial Market Environment. Ch 9: Financial Markets: Institutes, Risk, and Return. PART IV: Selecting Long Term Assets and Programs. Ch 10: The Basics of Capital Budgeting. Ch 11: Special Topics in Capital Budgeting. PART V: Managing Long Term Financial Assets: The Endowment. Ch 12: Managing the Endowment. PART VI: Long Term Financing. Ch 13: External Financing: Sources. Ch 14: Procedures for Long Term Financing. Ch 15: Access to Capital and Organizational Viability. PART VII: Managing Short Term Assets and Liabilities. Ch 16: Principles of Working Capital Management. Ch 17: Cash, Marketable Securities, and Patient Accounts. Ch 18: Inventory Management: Mathematics and Judgement. Ch 19: Current Liabilities: Short Term Financing. PART VIII: Frontiers of Health. Care Financial Management. Ch 20: Beyond Bean Counting.