The global economic crisis has affected nearly every company, either directly or indirectly. Often, the only way out is a turnaround: a swift shift from crisis to a successful course. Authors Peter Faulhaber, Norbert Landwehr, and Hans-Joachim Grabow demonstrate how this can be achieved in the fully revised and expanded fourth edition of the classic "Turnaround Management in Practice." The book helps to avoid mistakes during the critical phase of a turnaround and answers the crucial questions that arise in this situation.