[100% Off] Turnaround Strategy: Stabilize, Diagnose And Rebuild

turnaround strategy | business recovery | root cause analysis | cost control | employee retention | crisis management

What you’ll learn

  • Lead a recovery in the right order: take 320 templates
  • procedures
  • question lists and checklists in 41 downloadable resources,Decide what to stabilise now and what to rebuild with the Stabilize or Build Decision Workbook,Separate stopping the bleeding from fixing the cause
  • and sequence them,Cut payroll and benefits in the order that does the least damage,Find where profitability actually failed with Pareto
  • the theory of constraints and a breakdown of revenue and cost,Rebuild the financial model and turn strategy into concrete targets and a budget,Find the process black holes that consume money without producing output,Keep the people you need with a retention programme and calculate what turnover costs,Deliver bad news through the right channels so the strongest people do not leave first,Learn with Mike
  • the #1 HR instructor on Udemy: 1,800,000+ enrollments
  • 170,000 students
  • about 200 books on Amazon

Requirements

  • A business
  • unit or team in difficulty
  • or responsibility for one,No finance background required: the models are introduced from the start,A spreadsheet for the workbook and the financial calculations,English at intermediate level or above
  • since all lessons are in English

Description

This course contains the use of artificial intelligence.

Cutting costs is not a turnaround. It buys time and answers none of the questions about why the business stopped earning. Here are 320 tools for a real recovery: 234 ready-to-use templates, procedures, question lists, checklists and matrices, 78 models and methods, 7 services shown on screen and the Stabilize or Build Decision Workbook.

Open a lecture, take the tool, apply it to the part of the business that hurts most.

Why most turnarounds fail

The company cuts first, because cutting is fast and visible. Six months later the costs return as overtime and contractors, output falls further, and the people who could have fixed it have taken other offers: a badly communicated reduction tells the strongest people exactly when to start looking. Nobody has found where profitability broke, so the second round of cuts is as blind as the first.

What changes after this course

You stabilise first with cuts in the least damaging order, then diagnose the real problem and where the damage is concentrated. You rebuild the economics, goals and metrics, keep the people the recovery depends on and communicate so that bad news does not turn into an exit wave.

What is inside: 320 tools, counted lecture by lecture

You do not have to take this number on trust. Open any lecture and read its description: every tool inside is listed there by name.

  • 41 downloadable resources: the lecture presentations plus the Stabilize or Build Decision Workbook
  • 234 ready-to-use tools inside the presentations:
  • 72 templates and sample documents: risk register with mitigation, problem statement canvas, pilot experiment canvas, strategy map
  • 65 step-by-step procedures and workflows: SAFE-24 stabilization playbook, root cause diagnosis, bottleneck diagnosis, operational cash flow forecasting
  • 34 question lists and scripts: profit loss diagnosis, revenue diagnosis, cost prioritization, zero-based position necessity assessment
  • 31 checklists: bad-news communication, root cause validation, rapid experiment design, troubleshooting pitfalls
  • 23 scorecards, rubrics and matrices: dismiss or retain decisions, intervention cost and effort, impact-effort matrix, TOWS matrix
  • 6 formulas and metric sets: process bottleneck metrics, unit economics metrics, financial KPI calculations
  • 3 other working tools: problem versus trouble decision tree, TRIZ contradiction classification guide, business symptom to framework selection
  • 78 models and methods explained with examples: SWOT analysis, business model canvas, Lean Six Sigma, cash conversion cycle
  • 7 services shown on screen, including Microsoft Excel, Google Sheets, Loom and Workvivo

Where the tools are

  • Stabilising (2 sections, 69 tools). Stopping the bleeding, hard calls and restoring stability.
  • Diagnosis (4 sections, 141 tools). Framing the real problem, where the damage is concentrated, stuck problems, group work and recovery frameworks.
  • Rebuilding the economics (4 sections, 35 tools). The financial model, purpose, processes, goals, strategy, budget, metrics and scale.
  • Keeping the people you need (2 sections, 44 tools). Retention risks and the retention programme.
  • Communicating through it (2 sections, 46 tools). Messages, channels, bad news and measurement.

Who is teaching

I am Mike, the #1 HR instructor on Udemy, with 1,800,000+ course enrollments from 170,000 students, and the author of about 200 books on Amazon. I built the people system at Preply as it became a unicorn and worked at Wargaming, iDeals and Alfa-Bank across 20 years in HR. I hold PHRi, SHRM-CP and HCI sHRBP certifications and represent HRCI in Eastern Europe. I am also a founder and lead the strategy of my own academy.

At Alfa-Bank I saw the bank grow from 1,000 to 6,000 employees and then shrink back to about 1,000 in the 2008 crisis; I helped people who were let go find new jobs. At the STB TV channel, through 2013 and 2014 with no salary reviews for two years, we kept turnover almost flat: it rose by only about two percentage points.

How to use the course

Start with the workbook and the stabilising sections, then move to diagnosis, the economics, people and communication in the order the recovery needs them. Section and lecture titles show how many tools are inside, and each lecture description lists them by name.

What is included

  • 42 lectures across 15 sections, 23 hours
  • 41 downloadable resources: lecture presentations and the decision workbook
  • 320 tools across the lessons
  • Lifetime access to all materials
  • Active instructor support in the Q&A section
  • A Udemy Certificate of Completion

Where to start

Write down the three people your recovery cannot lose, and what would make each of them leave next month. Enrol now and start your first lesson today.

Coupon Scorpion
Coupon Scorpion

The Coupon Scorpion team has over ten years of experience finding free and 100%-off Udemy Coupons. We add over 200 coupons daily and verify them constantly to ensure that we only offer fully working coupon codes. We are experts in finding new offers as soon as they become available. They're usually only offered for a limited usage period, so you must act quickly.

      Coupon Scorpion
      Logo