I worked for Meridian Strategies located in Queens, NY. It’s a start up business revolving around political candidacy. I was a petitioner for 5 months. The business is struggling due to newness of the company and the employers. For this scholarship what’s needed is…
Turnaround management is a process dedicated to corporate and business renewal. It uses analysis and planning to save troubled companies and returns them to solvency by identifying the reasons for failing performance in the market and rectifying them.
- Include a 350-500 word essay (double-spaced, 12-point Times New Roman or Arial font) that explains how your skills, ideas, motivation, and/or innovativeness have helped turn a faltering business into a viable and economically feasible business operation. 350-500 word essay, double-spaced, 12-point Times New Roman or Arial font, explaining:
- Explain how your skills, ideas, motivation, and/or innovativeness have helped turn a faltering business into a viable and economically feasible business operation. Be sure to highlight possible reasons for its failing business performance and how you have assisted in rectifying these issues and concerns.
- If your efforts to help this business were not as successful as anticipated, perform a post-mortem analysis indicating your thoughts as to why you fell short, and what could’ve been done differently to make the effort more successful.
- Describe how your experience in developing this potential venture has affected your leadership skills and enthusiasm. Be sure to articulate all outcomes and evidence of your role in supporting the turnaround management of this business