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Understanding turnaround leadership in business

Mini Dissertation (MBA)--University of Pretoria, 2019.

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Other Authors: Hofmeyr, Karl
Format: Thesis
Language:English
Published: University of Pretoria 2020
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access_status_str Open Access
author2 Hofmeyr, Karl
author_browse Hofmeyr, Karl
author_facet Hofmeyr, Karl
collection Thesis
dc_rights_str_mv © 2020 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria.
description Mini Dissertation (MBA)--University of Pretoria, 2019.
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institution University of Pretoria (South Africa)
language English
last_indexed 2026-06-10T12:40:04.964Z
license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2020
publishDateRange 2020
publishDateSort 2020
publisher University of Pretoria
publisherStr University of Pretoria
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source_str UPSpace — University of Pretoria Institutional Repository
spelling oai:repository.up.ac.za:2263/73943 Understanding turnaround leadership in business Hofmeyr, Karl ichelp@gibs.co.za Buchanan, Robert UCTD Mini Dissertation (MBA)--University of Pretoria, 2019. Modern business is an increasingly competitive and dynamic environment which presents leaders and managers new challenges. The ability of managers to change the performance trajectory of a team or organisation is at the centre of the study and is presented under the topic of Turnaround Leadership. The literature on business turnarounds is primarily focused on the strategies and methods of achieving a turnaround. This research paper seeks to expand upon the existing literature by focusing primarily on the nuances and substance of the individual behind the turnaround, the Turnaround Leader. This study aims to identify the leadership components and critical behaviours which form the substance of the Turnaround Leader. By mapping and understanding, the components of Turnaround Leadership, it is hoped that contemporary managers can equip themselves with the leadership behaviours most conducive to the implementation of their own performance turnarounds as the need arises. The research was undertaken using a qualitative, exploratory approach. This approach was specifically chosen due to its ability to unlock new insights into modern Turnaround Leadership. The data collection was achieved using semi-structured, in-depth interviews with seven Turnaround Leaders and seven focus-groups with their respective teams resulting in a total of 14 data points. The individuals interviewed were chosen due to their history of achieving a turnaround performance within the business they operate. The sample included individuals from a broad demographic, job-title and industry. The key findings generally agreed with and expanded upon, the existing literature. Key observations included a new understanding of the differences between the self-perceptions of leaders relative to the lived-experiences of their followers during performance turnarounds. Through this, meaningful insight into the prevalence and role of perceptions versus reality in the practice of Turnaround Leadership was achieved. From this, the Turnaround Toolkit model emerged and illustrated a practical behavioural-based approach for managers looking to initiate and pursuing a turnaround in performance from their team pt2020 Gordon Institute of Business Science (GIBS) MBA 2020-04-06T09:59:53Z 2020-04-06T09:59:53Z 2020/04/01 2019 Mini Dissertation Buchanan, R 2019, Understanding turnaround leadership in business, MBA Mini Dissertation, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/73943> http://hdl.handle.net/2263/73943 en © 2020 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf University of Pretoria
spellingShingle UCTD
Understanding turnaround leadership in business
title Understanding turnaround leadership in business
title_full Understanding turnaround leadership in business
title_fullStr Understanding turnaround leadership in business
title_full_unstemmed Understanding turnaround leadership in business
title_short Understanding turnaround leadership in business
title_sort understanding turnaround leadership in business
topic UCTD
url http://hdl.handle.net/2263/73943