ATTENTION: Business Owners and CEOs Running Troubled or Under-Performing Companies...
"Increase
Your
Profits by 107% in 9 months Using 27 years of Time-Tested
East-West Strategies.
Using 3 Simple Steps."
NOW You Can Use the 3-Step System and "Outright" Steal These Strategies (You will forever avoid "Painful" YEARS of making these mistakes) to...
>> |
Increase Your Sales Revenue by 10% or more over the next 247 days. |
>> |
Sustain Your Profit Growth by 15% Compounded Annually Over the Next 10 Years by Simply Applying My Proven Strategies. |
>> |
If Your Business is "Under-water", Turn it Around in 263 Days and Leave Your Competitors Dazed. |
>> |
Reduce Your Overheads and Expenses by 60% or more Without Any Dip on Your Business. |
"Dr Teng offers a promising and insightful programme for restoring life to troubled companies…"Professor
Philip Kotler,
|
From the Desk of Dr Mike Teng
DBA, MBA (NUS), BEng, FIMechE, FIEE, CEng, PEng, FCMI, FCIM, SMSCS
Best Selling Author of Corporate Turnaround: Nursing a sick company back to health
Date:
Dear Friend
Are you currently facing some difficult challenges and adverse changes in your business? And is this making you stressed out, losing confidence and appetite as well as sleepless nights in managing your organization? You need help. And you are thinking to yourself, there must be a better way? You tell yourself, “Things just have to improve!” But HOW?
Well, if you are in this situation and looking for answers. This may be the most important letter you will ever read.
You may or may not have heard of me. But I have been labeled the “Turnaround Expert and CEO of Asia” by the media, mainly due to my expertise in this area. I have run many ailing businesses and turning them around successfully into the black, many as quickly as within a year. In fact one company was running USD -623,483 before I took over, and within 11 months it not only recovered but made well over USD452,349 in profits with the sales revenue increasing by 52%. That is more than a million dollars that I help this company make. Wouldn't you like this result in your business?
In another longer engagement (which I was sought after for 9 months as they were not able to find a suitable CEO to help transform the company), the company's profits grew annually by 15-17% for the 7 years when I was at its helm. This led me to conclude that my strategies can help you sustain your business growth in the long term.
What Some of The Industry Leaders are Saying About Mike... |
"Dr.
Teng’s book
is practical, relevant and useful during this global economic
|
"Corporate Turnaround, is a rare book. Dr. Mike Teng is able to offer revolutionary insights that promise universal applications with total clarity."Dr. Y Y Wong, Chairman,
|
"A recommended reading for all business schools and executives interested in building strong enterprises."Professor Vijay
Mahajan,
|
Productivity Digest, May 2003
STAR, 5 May 2003
SilverKris, March 2003
Smart Investor, December 2002
Today, 29 July 2002
Before I continue... Let me share the 3-Step turnaround plan I use just to give you a glimpse of my strategy:
Step 1: Surgery
Improve your cash flow by restructuring the organization and putting a stop to the unnecessary expenses.
Step 2: Resuscitation
Inject new business income streams and boost existing sales to increase your profits.
Step 3: Nursing
Strengthen your corporate culture and team to build a strong and healthy corporate immune system to sustain long-term growth.
There you go. These are the 3 steps that I have successfully applied in my multiple engagements. You may be thinking, "Hey I know this". But do You really understand and more importantly ARE YOU APPLYING THEM CORRECTLY?
Did you know? "The turnaround plan should be holistic and based on addressing both strategic and operational issues in the short and long term". Such plan should seek not only to cut costs but to grow revenues and change the corporate culture in order to manage the vagaries of the marketplace. As a CEO you need to balance and manage this well. And many times, there are outside help available to make you do your job better.
Here’s where you can leverage on my experience to better steer your company.
To help you more... I have added a couple of diagrams used to turn around many businesses."Dr Teng combines his own personal experiences with the wisdom of Asian philosophy, which makes this a unique book."
- Professor Jadish N. Sheth,
Charles H. Kellstadt Professor of Marketing,
Emory University, US
"Corporate Turnaround provides clearly the steps needed to turnaround a
firm’s performance in the challenging Asian environment, where numerous pitfalls await the uninitiated. A must reading for those interested in Asian business."
- Dr. David Ahlstrom, Department of Management,
Chinese University of Hong Kong, Hong Kong.
Using East-West Medical Principles Help Companies Strengthen Their Financial Health
You
may not be aware.
There is actually a close linkage between the
human physical health and the corporate fiscal health. Imagine this for
a moment. When you fall sick, like a bad infection, you seek
consultation from a Medical Doctor. The doctor will prescribe the right
kind of medicine and treatment. Perhaps add some antibiotics if the
infection is bad to get you on your feet in 5 or 7 days.
Similarly if your company has a “disease”, you will seek advice from a Turnaround Doctor. Preferably someone who has real-life corporate turnaround experience as well as the academic credentials to give you the best advice at the most critical time of your business. Any small mistake at this point may just cost your business to file for chapter...
Diagram
1: Complete
Corporate Turnaround PlanSimilarly if your company has a “disease”, you will seek advice from a Turnaround Doctor. Preferably someone who has real-life corporate turnaround experience as well as the academic credentials to give you the best advice at the most critical time of your business. Any small mistake at this point may just cost your business to file for chapter...
The starting process (shown in diagram 1) of identifying the various viruses namely, competitive forces, incompetent management, change in consumer behaviour, economic recession, etc, that can attack a company. Then the proper treatment is administered through the execution of the three phases mentioned above to eliminate the various viruses.
To further elaborate.
As I help companies improve their bottom line and generate new streams of revenue, I realized that there are strong parallels between the Western and Eastern medical treatments for the different stages of ailments or the different corporate turnaround and transformation phases. Western medicine is concerned with the disease, and Traditional Chinese Medicine (TCM) focuses on the state of health of the whole body.
Western style medical treatment is especially effective for cases of acute illness and trauma. Phase 1 (Surgery) and 2 (Resuscitation) of the corporate turnaround and transformation fall into these categories as they often involve life-and-death cases. Decisive, right dosages and timely administration of life-saving drugs and therapies can often minimize damage and expedite the recovery process. The emphasis is on a step-by-step and systematic methodology, especially for critical surgical process as there is timing constraint.
Similar to the use of drugs which are chemical in nature and can create negative side effects, there are negative side effects in the use of some Phase 1 (Surgery) processes such as in the case of a downsizing exercise (is like amputation) which can create staff morale problems.
Diagram
2:
Parallels between Corporate Turnaround Phases and
Western-Eastern Medical Treatments
Western-Eastern Medical Treatments
On
the other hand, the strength of the
Oriental medicine lies in the
treatment of chronic diseases, manifested largely as attacks on the
corporate culture and immune system. The best way to fight
diseases is to have a strong immune system. To improve and
strengthen
the system, spontaneous cure and internal
long-term balance are
considered more important than fast and short-term measures.
The
efficacious effect of Phase 3 (Nursing) is the powerful driving force
towards reinstatement of good health and optimal total body
condition. Both the hard and “brain” issues (cash flow improvement, revenue growth etc) addressed in Phase 1 (Surgery) and 2 (Resuscitation) as well as the soft and “heart” issues (staff morale, corporate culture etc) in Phase 3 (Nursing) are required for holistic corporate turnaround and transformation.
Diagram 2 illustrates the salient issues in the implementation of the three phases. The right strategy lies in integrative management – best of Eastern and Western practices.
Television:
Channel NewsAsia television (45 minute programme in Strategic Mind, July 2003) interview wih the author
Channel NewsAsia television (5 minute programme in Singapore Business Tonight, December 2002) interview with the author
Radio:
NewsRadio 93.8 FM Positive Business Minutes, May 2004, September 2003, June 2002
NewsRadio 93.8 FM Living Room, October 2002
Interviews and write-ups about the turnaround CEO, author and expert
Endosements from Publication on the Book... |
| Australian
Alumni Singapore Newsletter, April 2003 “Having served as a CEO of several troubled companies, Dr Teng had demonstrated his corporate turnaround skills by successfully rescuing them out of near financial stability and robust growth again. His unique approach of using medical analogies to drive home the concepts and methods of effective corporate turnaround presents businesses with turnaround solutions that are easy to grasp.” |
| SilverKris,
March 2003 “Written by one of Asia’s leading turnaround CEOs, Dr Michael Teng, Corporate Turnaround is aimed at companies experiencing a slump in business and facing no prospect of improvement in the foreseeable future.” |
| Smart
Investor, December 2002 “With a liberal helping of Sun Tzu and nods to Confucius and the Bible, Corporate Turnaround offers plenty of the author’s own insights, not to mention pertinent examples drawn from the experiences of well-known companies that have managed to swim rather than sink.” |
| Productivity
Digest, May 2003 “Dr Teng shared his thoughts on Corporate Turnaround with some 120 chief executive officers (CEOs) and senior executives at a CEO Breakfast Talk.” |
| STAR,
5 May
2003 “Overall, the book reads well with the help of many tables and illustrations. The currency and variety of the case studies provide another reading pleasure.” |
sick and weak manufacturing companies in Singapore and the world. The turnaround techniques are systematically presented, thought-provoking and inspiring. An excellent reference guide for businessmen, executives,
professionals and people who are interested to improve their company’s
performance."
- Dr. Robin Lau, President,
Singapore Confederation of Industries, Singapore.
Yet, you must be thinking how do all these apply to me?…
Myth 1: “We have seen this before. This is a little hiccup in the economy and our business is seasonal. Nothing has gone wrong.”
Let me be blunt here. ARE YOU IN DENIAL? Management of troubled companies often goes into a state of self-denial. Akin to getting cancer, some patients previously adopted the attitude: “This will not happen to me.” But when it does happen, are you prepared to hear this from the doctor? “Sorry, we Cannot Help You.” It is a myth that companies are not vulnerable to sickness. Such denial is insidious, resulting in delays in the necessary remedial actions during the early stage of under-performance and by the time the companies’ woes are publicly known, they are already often funeral cases.The quicker you realised this pain, the faster the proper treatment can be administered. The key to successful turnaround is early intervention and diagnosis. How to engender a corporate culture and management team that are sensitive to changes in the marketplace so that early action can be taken? Many companies have annual medical examinations and health screenings for their employees but are negligent when it comes to their own regular check-ups. What then are the early warning signs of a sick company?
Myth 2: “Our creditors and banks are chasing for payments, we have a credit squeeze and firing of our staff must continue till cash flow improves.”
A doctor once said, "The surgery was good but the patient died". Yes, troubled companies need to cut cost to the bones without injuring the muscles and the vital organs. However, it is a myth that the primary role of a turnaround manager is merely to be ruthless and fire people in order to reduce overheads. Downsizing is like amputation which has negative side effects and can further worsen the staff morale. Why should the good staff remain in a sinking ship if the company continues to downsize? Yet, downsizing is inevitable at times to survive, how then do you carry out a downsizing exercise without causing the haemorrhage of good staff?Myth 3: “China, India and SE Asia are high-growth markets and they appear a safe bet for us to expand and invest the business there.”
You may be the lucky one as your company is not in the critical life-and-death situation but merely seeking market expansion. Also, many companies in the West face intense competition and shrinking domestic market and surmise that a way to turn around their fortunes is to venture into high growth regions in Asia. It is a myth that it is a safe route to success by doing business in Asia. Though the business opportunities are great, there are many pitfalls and differences in business practices that these companies ought to be mindful about in venturing into high-growth Asia. What are these pitfalls and differences in business practices in Asia?Do any of the above questions sound familiar to you? If they do, my strategies will help you.
So What's the Difference in Your Plan and Techniques From Other Transformation Experts? What Sets You Apart From the Rest?
These are fair questions. And you ought to be skeptical when searching for a good turnaround advice.I have more than 27 years of corporate experience in the Asia Pacific region with 17 years holding the Chief Executive Officer positions in multi-national, local and publicly listed companies. Several prestigious professional institutions have recognized my practical and academic background and awarded me the “Fellows” membership status. I had led in the turnaround of many troubled organizations. Some brought back from near bankruptcies to life. You will understand how this feel if you have been in this situation.
Due to my background in running a pharmaceutical company, I use medical analogies to explain complex concepts and methods so that they are easily understood and applied by the general readers. In a crisis situation and if you do not have prior hands-on turnaround experience, you do not have time to seek help from the experts or read a turnaround manual. My medical analogies will help you intuitively to take the right decisions as we understand the workings of our physical body. This is because there is a strong parallel between physical and fiscal health.
When I wrote my first book, it became an instant best-selling business book. Read the testimonials on it. From there, I can see that there is a market and need for good information on corporate transformation. And although it took me a while to write the two books, I am glad I did. My books and practical experience appeal to both serious turnaround managers as well as the general public because the turnaround techniques are culled from the best management practices from the West and East as well as personal hands-on experience.
So how much will this cost me? I can easily charge USD5000 for this system since the strategies alone can help you generate above USD100,000 in profit if you just apply them.
English
The Edge, 13 November 2005
Business Times, 24, October 2004
The Straits Times, 26, June 2004
Singapore Marketer, May 2004
The AlumNUS, April 2003
and a wealth of knowledge for those who desire to learn the craft from an
accomplished individual."
- Mr. Peter K W Leong, Group Financial Controller,
Comfort Group Ltd, Singapore.
***
Limited-Time Offer ***
I Am Giving You An Exclusive Online Offer So That YOU Get All My Best
Kept Strategies *INSTANTLY*
I Just Released My Next Best Seller "Corporate Wellness"
And For the FIRST 150
97 Readers, I am Giving it at a
VERY SPECIAL
BUNDLED PRICE
***This Offer WILL NEVER BE REPEATED***
Once All 150
97 are Sold, You Will Have to Get it at
the Retail Price.
Claim YOUR Exclusive Bundled Offer of "Corporate Wellness"
Australian Alumni Singapore Newsletter, April 2003
Today, 3 November 2001
The Business Times, 2 November 2001
Peak Magazine
Marketing, June 2002
Economic Bulletin, August 1998
World Executive Digest, October 1997
Marketing News, March/April 1996
The Straits Times, 16 March 1996
for executives in both ailing and healthy companies."
- Mr. Harry Chua, Chairman,
Hersing Corporation Ltd., Singapore.
"Corporate Turnaround: Nursing a Sick Company Back to Health is a must read for all businessmen whether the businesses they run are sick or not
… Here is a book full of practical advice on how to nurture and regenerate
an ailing company by someone who has actually done it more than once."
- Mr. Ronald M. Bradfield, Academic Director Asia,
University of Strathclyde, UK
So What Does The Bundled Offer Include?
My Best-Selling Business Book: Corporate Turnaround: Nursing a Sick Company Back to Health (200 pages). Powerpoint slides included. A USD57 Value.
Is downsizing the answer to solving your corporate woes?
Ever wondered
why your company is not growing? Or why companies fall sick, recover
and subsequently succumb to the same ailments?
If these questions sound familiar, chances are your company is in a
slump and it does not seem like the situation will improve any time
soon. Like many companies, yours has fallen sick due to
corporate viruses such as global economic slowdowns, the rapid changes
of globalization, terror attacks and incompetent management.
However, even dying companies can attain holistic and long-term
recovery by applying the new breakthrough prescription of surgery,
resuscitation and nursing. This ground-breaking book expounds concepts
which are at the leading edge of turnaround management. I have included
Powerpoint slides for your quick reference and presentation to your
board.
My Best-Selling Book on Video: Dr Teng's Presentation: Corporate Turnaround and Transformation (110 minute VIDEO). Valued at USD97.
Watch me LIVE! I explained how to prescribe effective
and
easy-to-administer turnaround techniques in the right doses using
medical analogies. These techniques have been successfully
applied by many turnaround managers and re-formulated to be both
universally applicable and user friendly. The author also
answers questions posed by business people from China, India, Singapore
etc. This video was telecasted to the whole of Asia Pacific by
Skylearner. It will help non-Asians understand how
to do business in Asia.
New Release 2006! Corporate Wellness Book: 101 Principles in Turnaround and Transformation (200 pages book in English). Valued at USD57.
There are workable, preventive, diagnostic and
therapeutic steps to
treat sick companies, and to restore as well as maintain their well
being. Doctors generally only treat the disease and do not
treat wellness. Similar to handling of a person’s
health, a company needs to monitor the five stages to sustain long-term
health and wellness, namely, prevention, early diagnosis, proper
treatment, recovery or rehabilitation and strengthening or
health-boosting. Corporate Wellness is not another textbook
or trade book for corporate turnaround and transformation. It
provides a quick understanding of how real-world business turnarounds
and transformations are successfully implemented using simple and yet
succinct 101 principles.
Claim YOUR Exclusive Bundled Offer of "Corporate Wellness"
Lianhe Zaobao, 28 September 2005
Lianhe Zaobao, 24 June 2004
Lianhe Zaobao, 25 October 2001
BlueSky Management, 9 March 2003
World Executive Digest, August 1998
Boss Magazine, February 1998
Boss Magazine, January 1998
Boss Magazine, December 1997
shows the pathways to success as well as the risks and pitfalls involved."
- Mr. E C Ong, General Manager,
Baxter Healthcare Pte Ltd, Singapore.
Exclusive Bundle |
Value |
The Corporate Turnaround Book |
USD57 |
The Corporate Turnaround Video (110mins) |
USD97 |
The Corporate Wellness Book (new release) |
USD57 |
Total Value |
USD211 |
In this no-nonsense, jammed packed bundle, you'll
discover:
 |
The little known secret of diagnosing the actual state of your balance sheet using simple tools. |
|
The proven surgical approach to instantly cure your dying company. |
|
How to grow your businesses exponentially using resuscitation techniques |
|
Enjoy long-term and holistic corporate sustainability using nursing techniques. |
|
Get immediate access to the proven Eastern and Western turnaround strategies (and instantly reduce your stress in this challenging situation). |
|
Absolutely avoid painful and costly common mistakes in expanding your businesses into Asia. |
|
Simple methodologies to combat competition without them knowing. |
|
Get an edge up by applying traditional Chinese medicine in modern day management. |
|
Confidently adopt the correct leadership style in different environment; be it turnaround, growth or stable; and steer your company into the black with grace. |
|
Learn from real-life case studies of how the turnaround techniques work and never make another costly mistake. |
|
And much much more... |
For
the FIRST 150
97 Readers,
I am Giving It Away At USD211
USD197
USD157
USD127.
At This Price, I Cannot Afford to Keep it
Long!
Claim
YOUR "Corporate Wellness" Bundle
Dr Mike Teng
Managing Director
Corporate Turnaround Centre Pte Ltd
Email address: miketeng@pacific.net.sg
Skype number: DrMikeTeng
p.s. This is a Limited-Time and Limited-Copy (150 97 ONLY) Offer. Once I have Sold All 150 97, I will be Retailing Them at USD211 (without the membership and consultation).. Grab YOURs NOW.
p.p.s Tell you what, for this Special Offer, I am Willing To Let You Try the Strategies in The Books for 60-days. And If It Does Not Improve The Wellness of Your Business during this period, Just Return the Book and I will Happily Refund You 100% of the Purchased Price, NO QUESTIONS ASKED. You have nothing to lose. Get YOUR Exclusive Bundle.
Copyright@2006 Corporate Turnaround Centre. All rights reserved
DISCLAIMER: Every effort has been made to accurately represent the product and it's potential. No promises, guarantees or warranties, whether stated or implied, have been made that you will produce any specific result, income or sales as a result of purchasing/subscribing. Your efforts are individual and unique, and may vary from those shown. Your success depends on your efforts, background and motivation. As with any business endeavor, there is an inherent risk of loss of capital and there is no guarantee you will earn any money. And owing to the complex nature of turnaround and transformation, the company, author or the agents shall not be held liable for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including lost profits or increased losses arising in any way from (i) the information contained on this website (ii) any information transmitted via this website, ebooks, audio or video (iii) advice rendered during the “E-clinic” and consultancy sessions.