The Art of the Turnaround is a comprehensive, field-tested guide to turning around failing companies and organizations based on the decades of experience of Mike Dunlop.
The Art of the Turnaround
“The ten steps outlined in the book are both straight forward and have been tested on the front line during my own turnarounds. It will hopefully give” the reader direction and confidence.”
All proceeds from the sale of ‘The Art of the Turnaround,’ as well as from associated speaking engagements, will be donated to Eastside Academy and Jubilee Reach. Click on the links to learn more about each organization.
Lessons Beyond Business: Shifting Perspectives on Life
“I’ve read many business books, but this one easily ranks in my top three because of how much I gained from Mike’s experiences. While the chapters are structured as steps, his captivating storytelling delivers valuable lessons in the most engaging way.
Dunlop’s 10-step method for saving businesses in financial distress is practical and straightforward. What stood out to me the most is how he ties financial decisions to the people running the company. He doesn’t just focus on the numbers—he also addresses how people react in a crisis and how leaders can bring out the best in their teams, even during tough times. His humor and real-life stories made the book easy to follow and relatable, which I didn’t expect from a business book.
The Art of the Turnaround completely shifted my understanding of how businesses work, especially when it comes to finances. This book wasn’t just informative—it was transformative. Before reading it, I found P&L statements and accounting concepts difficult to grasp, but Dunlop explains them in a way that finally made sense. His ability to simplify complex topics while still diving deep into the details gave me a clearer picture of what it takes to manage and turn around a struggling company.
Beyond just business lessons, this book had a huge impact on how I view life in general. It showed me that even in the toughest situations, with the right approach, things can get better. Dunlop’s experiences, especially his work in the aerospace industry, made me realize that business success isn’t just about making money—it’s about resilience, leadership, and treating people right.
A definite must-read for anyone, whether in business or not.”
With the tricks of the trade Mike honed during the successful turnaround of 34 failing companies you too can reestablish your business’ reputation with suppliers, customers, and creditors. The ten steps described in this book speak to an organization’s current and future leadership who are looking to make their company successful again.
You will learn how to successfully organize a company’s financial structure and ensure that the building blocks are in place for a stronger future. Understanding the importance of revitalizing your company’s technology and way of doing business.
Step 1 Establishing Leadership
Step 2 Financial and Cash Assessment
Step 3 Company Meetings
Step 4 Personnel Assessment
Step 5 Implementation of Employee Recommendations
Step 6 Business Assessment
Step 7 Bank and Investor Meetings, Supplier and Customer Meetings
Step 8 Quality and Process Improvement
Step 9 Inventory and Equipment Valuation and Assessment
Step 10 Company Presentation of the Go Forward Plan
“The book is designed to be a self-help book for not only for Owners and senior executives but also new leaders that have been brought into a new company with mission on making significant improvements quickly without the traditional slash and burn of the tradition management consultants.”
