Understanding Top Management Teams' Characteristics for Effective Turnaround Management: Evidence From the Zimbabwean Manufacturing Sector

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Main Authors: Mufaro Dzingirai, Neeta Baporikar
Other Authors: Midlands State University, Zimbabwe
Format: research article
Language:English
Published: IGI Global 2023
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Online Access:https://cris.library.msu.ac.zw//handle/11408/5427
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author Mufaro Dzingirai
Neeta Baporikar
author2 Midlands State University, Zimbabwe
author_facet Midlands State University, Zimbabwe
Mufaro Dzingirai
Neeta Baporikar
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description Abstract
format research article
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language English
publishDate 2023
publisher IGI Global
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spelling ir-11408-54272023-03-21T15:36:11Z Understanding Top Management Teams' Characteristics for Effective Turnaround Management: Evidence From the Zimbabwean Manufacturing Sector Mufaro Dzingirai Neeta Baporikar Midlands State University, Zimbabwe (Namibia Univeristy of Science and Technology, Namibia & University of Pune, India) Top Management Teams Turnaround Management Manufacturing Sector COVID-19 pandemic Economic crisis Abstract The recently witnessed economic downturn prompted by the COVID-19 pandemic rekindled the interests of management professionals, policymakers, academicians, and researchers in corporate turnaround management. Hence, this study aims to ascertain the top management teams' characteristics for an effective turnaround in the manufacturing sector. Exploratory research design supported this study whereby 16 key informants were recruited for interviews. Adopting thematic analysis, the qualitative results showed the key five top management teams' characteristics for effective turnaround management, namely gender, personal features, educational qualifications, age, and experience. With these results, the study concludes that the heterogeneity of top management teams has a direct bearing on the successful turnaround attempts in the manufacturing sector during an economic crisis. As such, the study recommends the appointment of senior executives based on experience, age, gender, personal features, and educational qualifications. 14 1 1 14 2023-03-21T15:36:10Z 2023-03-21T15:36:10Z 2022 research article https://cris.library.msu.ac.zw//handle/11408/5427 10.4018/IJSKD.312572 en International Journal of Sociotechnology and Knowledge Development (IJSKD) 14(1 1941-6253 open IGI Global
spellingShingle Top Management Teams
Turnaround Management
Manufacturing Sector
COVID-19 pandemic
Economic crisis
Mufaro Dzingirai
Neeta Baporikar
Understanding Top Management Teams' Characteristics for Effective Turnaround Management: Evidence From the Zimbabwean Manufacturing Sector
title Understanding Top Management Teams' Characteristics for Effective Turnaround Management: Evidence From the Zimbabwean Manufacturing Sector
title_full Understanding Top Management Teams' Characteristics for Effective Turnaround Management: Evidence From the Zimbabwean Manufacturing Sector
title_fullStr Understanding Top Management Teams' Characteristics for Effective Turnaround Management: Evidence From the Zimbabwean Manufacturing Sector
title_full_unstemmed Understanding Top Management Teams' Characteristics for Effective Turnaround Management: Evidence From the Zimbabwean Manufacturing Sector
title_short Understanding Top Management Teams' Characteristics for Effective Turnaround Management: Evidence From the Zimbabwean Manufacturing Sector
title_sort understanding top management teams' characteristics for effective turnaround management: evidence from the zimbabwean manufacturing sector
topic Top Management Teams
Turnaround Management
Manufacturing Sector
COVID-19 pandemic
Economic crisis
url https://cris.library.msu.ac.zw//handle/11408/5427
work_keys_str_mv AT mufarodzingirai understandingtopmanagementteamscharacteristicsforeffectiveturnaroundmanagementevidencefromthezimbabweanmanufacturingsector
AT neetabaporikar understandingtopmanagementteamscharacteristicsforeffectiveturnaroundmanagementevidencefromthezimbabweanmanufacturingsector