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25 January 2010 | Business Turnaround Training

A well entrenched school of thought exists that says that 'you can't teach turnaround', which I must admit was also my initial feeling when the subject first came up. I think that this is a natural-enough reaction in a business that is characterised by practitioners who have traditionally been broadly qualified by their experience of 'doing it'; and one in which there has been no formal career path to train new entrants. After all, until relatively recently with the establishment of the Institute for Turnaround, there hadn't been any form of UK accreditation of professionals, although the Turnaround Management Association (TMA) in the United States has an established Certified Turnaround Professional (CTP) qualification.

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