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Successfully Implementing Turnaround Strategies in State-Owned Companies

Successfully Implementing Turnaround Strategies in State-Owned Companies

EXCERPT from the book, Successfully Implementing Turnaround Strategies in State-Owned Companies: SAA, Kenya Airways and Ethiopian Airlines as Case Studies KAIZER M. NYATSUMBA There were far more factors which impacted negatively on SAA’s implementation of its Long-Term Turnaround Strategy (LTTS) than there were factors which had the same impact on Kenya Airways’s (KQ’s) implementation of its turnaround strategy, called Operation Pride. While by far the majority of these factors are attributable to the Shareholder and the Board of Directors (BoD) in SAA’s case, in KQ’s case they are largely attributable to the Top Management (TMT) and the BoD.  The Shareholder is a big…
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