Abstract
Problems of public service failure are high on the political agenda in the UK, and many national and local organizations are searching for effective turnaround strategies. Although little research on turnaround in the public sector has been undertaken, there is a substantial number of studies of decline and recovery in private firms. Evidence from these studies suggests that turnaround is more likely in companies that pursue retrenchment, repositioning and reorganization. The relevance of this '3Rs' strategy to the public sector is analysed, and the potential consequences for public service improvement are evaluated. This article will help managers to think more clearly about turnaround strategies that could work in their organizations.
Original language | English |
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Pages (from-to) | 97-103 |
Number of pages | 7 |
Journal | Public Money and Management |
Volume | 24 |
Issue number | 2 |
DOIs | |
Publication status | Published - Apr 2004 |
Bibliographical note
Funding Information:This work is supported by ESRC grant 331-25-0004.