PT - JOURNAL ARTICLE AU - Tony Alvarez AU - Antonio Alvarez III AU - Joe Bondi AU - Guy Sansone AU - Peter Cheston AU - Doug Rosefsky AU - Jim Fogarty AU - David Coles AU - Rebecca Baker TI - Roundtable DP - 2003 Mar 20 TA - Turnaround Management PG - 130--133 VI - 2003 IP - 1 4099 - http://guides.pm-research.com/content/2003/1/130.short 4100 - http://guides.pm-research.com/content/2003/1/130.full AB - The prolonged downturn in the U.S. economy has produced new challenges for turnaround firms. No longer has it been possible to “wait out the cycle” while speeding up cash flows to make it through to better times. We remain at the bottom of a cycle that may last several more years. This panel discussion covers the implications for turnaround firms of this long-lasting portion of the business cycle. Emphasis is placed on operational issues, the effects of deregulation, and, especially, the cash cycle.