Turnaround Management Role of Employees and Unions

Against the backdrop of increasing incidence of corporate sickness this paper discusses three instances of turnaround of sick units with the active involvement of workers. The case studies have been selected with a view to examining one case each where the initiative for turnaround came from professional management, trade union and the workers themselves. The paper focuses on the salient aspects of the emerging model and the issues and concerns that these case studies throw up.