While much of the world at large has been stilled as a result of the COVID-19 crisis, the restructuring world is moving at warp speed. Our state of preparedness as professionals will now be tested, and we at TMA are at the ready. These past few months have tested so much in so many of us. It has...
I am writing this article as I stare out over my backyard, having spent, yet again, another day working diligently from my home office. Despite being at home now for almost six weeks, the ongoing “new normal” of home quarantine doesn’t really feel so normal, and I hope for all of us that it never...
Life is predictably unpredictable. We have all been reminded of this in the last few weeks and months in connection with the looming global pandemic. Just typing that sentence is a surreal experience. As I write this, the coronavirus—officially named SARS-CoV-2, with its disease being named COVID-...
In these extraordinary times, this is our moment to shine. Never before have the terms #BetterTogether and #Opportunity2Impact taken on a more powerful meaning in real time than they do today. We, the professionals of TMA, are on the front lines of combat, prepared to bring back an economy that is...
As TMA Global president last year, one of my primary goals was to lead TMA to a place where it would be more forward-facing. To that end we set out to raise the profile of the organization both in North America and internationally. Now, as TMA Global chair, I have established the goal of...
TMA is a machine in motion. It lives to be exercised. Its momentum keeps it strong. And it is fueled by a volunteer network, which through our committees keeps TMA at the peak performance that make us the defining organization in the corporate restructuring and renewal space. In our year of being #...
From speaking to several TMA members recently, many feel that this year has flown by particularly quickly. Whether that perception is influenced by an increase in our restructuring activity or melancholy associated with the impending winter, I nonetheless agree with the observation. For me, my term...
One consistent theme can be found playing out in virtually every troubled and underperforming company: a sustained gap in effective leadership by the CEO. Throughout the life cycle of a business, normal ebbs and flows of both prosperity and challenges are natural. Businesses are continually...