Turnaround Powerhouse
ContactAdventures and ideas
We are very fortunate to travel around the world for our clients. In this section we regularly post impressions of our latest adventures. We also share ideas on turnaround topics as well as other stuff we think you might be interested in.
About turnaround games, books and PSV...
The past couple of months felt for all of us at TPH as being F1-drivers. Full speed ahead.
Turnaround Gaming in Tunisia: what about protest strikes by bankers…
A little while ago we were invited by a Dutch development bank to play one of our notorious real-life turnaround games at the annual so-called SOS-conference. An exciting event bringing together more than fifty turnaround and workout specialists affiliated to top-level development banks from around the globe, with participants flying in from Africa, Europe, the Americas and Asia. Place to be: Hammamet, Tunisia.
Playing a Turnaround Power Game in Sweden
In the past year we have been busy co-developing an online change toolbox for one of the world's leading car manufacturers.
Turnaround Power in Suriname
Recently we were invited to host a Masterclass in Turnaround Management at the Anton de Kom University in Paramaribo, Suriname. A great honour and pleasure for us.
Turnaround Power in the hairdressing industry
Turnaround PowerHouse® was recently invited to host two workshops at the “Mirror. The Hair Convention” in Amsterdam. The content of our workshops was turnaround management in the hairdressing industry. By doing the workshops, and with that meeting lots of extravagant nice entrepreneurs, we are now quite excited about turnaround possibilities within this industry.
The Swiss watch industry is bankrupt
At Baselworld 2014 – the world’s biggest and important event for the international watch industry – no smart watch can be found. An early warning sign of the industry’s existential crisis.
Dutch Prime Minister opens new Turnaround PowerHouse office
We are proud to announce that today his excellency Prime Minister Mark Rutte of The Netherlands has officially opened our new headoffice in Rotterdam, The Netherlands.
Prime Minister Mark Rutte and professor Jan Adriaanse shaking hands.
Playing a Workout Game in Zambia
Should we use simulation games in business executive education? A recent experience in the field of turnarounds, insolvency law and workouts suggests we should.
Kodak Emerges from Bankruptcy. Long Live George Eastman
Last Tuesday it was announced that Kodak has emerged from reorganization procedure Chapter 11. Kodak no longer is bankrupt and is ready for the future. What happened in the early days of Kodak? A brief historic account and 11 entrepreneurship lessons.
Official Turnaround PowerHouse® Company Sneaker
What a great world we live in. A world of branding, technology and customer intimacy. Combined with operational excellence and some turnaround power. We love heritage. We love our very own Turnaround Power® Sneaker Design. Powered by Converse®. Just for the summer. Just for fun.
Turnaround Power in Britannia
Recently we had the pleasure to work with the European management of an iconic American fashion brand. Place to be: the vibrant City of London.
Turnaround Power at the Leiden Law School
By expressing his inaugural lecture on 23 November 2012 prof. dr. Jan Adriaanse is officially accepting his appointment as professor of Turnaround Management at the Leiden Law School of Leiden University.
Bankruptcy law: a bonus for lack of entrepreneurship in the airline industry
A frightening article about the near death of airline companies in an edition of the Dutch financial newspaper Het Financieele Dagblad caught my attention some time ago. “Airline industry ready for moratorium” says the headline. Scary news indeed.
Turnaround Power in Lisbon: a new Age of Discovery for Portuguese Printers
On behalf of Apigraf - the Associação Portuguesa das Indústrias Gráficas de Comunicação Visual e Transformadoras do Papel – we were recently invited to work with a group of about sixty business owners and managers representing Portuguese printer companies. Central theme was the necessary restructuring of the European print industry in general, and more specific the implications and turnaround challenges for printer companies in Portugal. A fascinating and interesting job. We were more than happy to carry it out.
To Play a Trump Casino Workout Game in South Africa
Recently we were invited by the Development Bank of Southern Africa to host a session during the annual international Special Operations Seminar (SOS) this year taking place in the great city of Johannesburg. An exciting event bringing together more than fifty turnaround and workout specialists affiliated to top-level development banks from around the globe with participants flying in from Africa, Europe, the Americas and Asia.
Accounting firms in turbulent times: looking for blue oceans in Luxembourg
Recently we were invited by the International Association of Independent Accounting Firms (INAA) to host a workshop at their so-called 2012 Intermediate Meeting taking place in beautiful Luxembourg.
Turnaround Power in Paradise: over 40% of Curaçao Businesses in Crisis
A sign at the airport says: Boni Bini! Welcome to Curaçao. An island full of surprises! For a tourist this sounds promising, for a turnaround professional this may mean something completely different.
State Aid is Simply Wrong
Although state aid can be a profitable business for governments and although it seems to save companies and safeguard employment, it should be abolished from our capitalistic system. State aid is simply wrong.
Dutch supermarket giant AHOLD turning into AHBOL.COM®...
Every day at two o'clock in the afternoon my father does his grocery shopping to prepare for evening diner: " I simply get out there and create a nice moment for myself". My father enjoys shopping. I don’t.
For me going to a supermarket is like "order picking" in a big warehouse in the least efficient way. You know - at best - where the products approximately are. Your little shopping list always starts with stuff that is in the back of the shop, there is always at least one product out of stock and, worst of all, the other "order pickers" slow you down. Not to mention that upon leaving the warehouse all products need to be repacked.
Feeling the 350 Horsepower RS 500 Matte Black Difference...
Recently we were invited by the Ford Motor Company in the Netherlands to host a two-days workshop on Strategic Entrepreneurship. Within the framework of our Trend Power Consulting activities we vividly discussed among others relevant technological, social, cultural as well as economic trends and other important developments regarding the future of the automotive industry. All together with a group of 15 enthusiastic Dutch Ford dealers. And yes we talked about focus. The importance of external focus. Entrepreneurial focus. And of course... the beauty of Ford Focus. To be more precise: the Ford RS 500 350 HP Matte Black Focus.
Talking about speed, controversy and emotion this car embodies all important elements of modern branding. Primal branding. And luckily one of the guys had showed up with one. More specifically: number 234 built in a limited series of only 500.
And then I was invited for a little test drive during one of the breaks... A dirty job but somebody had to do it. Lucky me.
Please click below for a fantastic RS 500 driving clip in order to feel a little what I felt. Enjoy the Ford Focus RS 500 350 Horsepower Experience | Jan Adriaanse
Back to the Future: The General Motors Restructuring Case
November 7th, 2008, 11:00am EST
Just before the trading of General Motors stocks halts, in anticipation of a major announcement concerning the company's financial situation, you and your team walk into GM Detroit’s headquarters for a meeting with Rick Wagoner, Chairman and Chief Executive Officer of General Motors. On the agenda is a restructuring that should take place in the following months. Your specialized turnaround boutique is asked to quickly draw a plan which should serve as the basis for stakeholder negotiations in the next following weeks. Due to time constraints company data available is limited. At the end of the afternoon a preliminary advice is already necessary as major stakeholders will be on the phone soon. Time for a cup of coffee...
Falling From The Throne: Music Retailers versus Jay-Z & Kanye West
Saturday morning 11.25 am. Nespresso Finezzo Lungo. Adidas jogging bottom. A warm croissant. And Billboard.biz on the screen. While listening to my favourite Compton artist named The Game (who is blasting a phenomenal song called "My Life" through my Soundsticks speakers via Spotify.com) I am looking for new artists and inspiration. Actually reading some interesting news about the music industry.
I like the music industry. I do not understand the music industry.
The print industry is dead
The location could not have been better chosen. France. The beautiful city of Lyon. Divided by the Rhône and Saône River. A large history of art, gastronomy, science, manufacturing and trading. And although well-known for its traditional silk weaving and print industry, nowadays Lyon is a major centre of banking, biotech and software industries. The latter largely focusing on video games and related innovations.
Saab and the hunt for stakeholder confidence
Research and practice show that rescue operations often fail due to lack of stakeholder confidence. It turns out that rebuilding relationships with important stakeholders often is ignored or the process of regaining trust was simply not properly addressed. What about Saab?
