|02-07-2011 12:52 PM CET - Business, Economy, Finances, Banking & Insurance||
John M. Collard Awarded Certified International Turnaround Manager Honor by Turnaround Management Society
Press release from: Strategic Management Partners, Inc.
The Turnaround Management Society (TMS) awarded John M. Collard, Chairman of Strategic Management Partners, Inc. its coveted Certified International Turnaround Manager (CITM) – “Level D” qualification at its highest level. “Mr. Collard and his company have done an enormous contribution to the field of turnaround management, achieved numerous successful and sustainable turnarounds for their clients and supported the Turnaround Management Society. Mr. Collard is a well-respected, highly regarded member of the turnaround management community and we are proud to award him the CITM title,” said Mr. Christoph Lymbersky, Executive Director of Turnaround Management Society at an award ceremony 1st February 2011.
To set a high standard for turnaround management professionals, the Turnaround Management Society ( http://turnaround-society.com ) has developed the International Turnaround Management Standard™ (ITMS), and an education program for practitioners and academics in turnaround management. The Certified International Turnaround Manager program acknowledges the achievement and credentials of professionals who have atained mastery in the profession.
Mr. Collard was awarded the highest “Level D” of the CITM program. A Certified International Turnaround Manager must have demonstrated intense and expansive knowledge of: Early warning signs of crisis, crisis prevention, financial, strategic and operative strategies, crisis communication procedures, process improvements, funding in crisis situations as well as the International Turnaround Management Standard (ITMS) and the industry. To reach “level D” the professional must in addition have 10 or more years of work experience in the area of crisis management / turnaround management. Mr. Collard has exceeded all requirements, proven his knowledge, and worked over 25 years in achieving successful and sustainable turnarounds for his clients.
The Turnaround Management Society is an industry specific organization for Turnaround Management. Its members are turnaround professionals, distressed debt investors, and academics actively practicing in the field.
It is the objective of the Turnaround Management Society to bring together the knowledge of turnaround management academics and the experience of turnaround management professionals. The TMS provides a link between academics who are engaged in research and the professional community that seeks research outcomes and provides academics with professional insight, guidance and feedback. The Turnaround Management Journal publishes articles of interest in the industry.
The TMS has formed the Institute for Corporate Restructuring and Development (IfUS), who is offering classes to become a CITM at the SRH Hochschule in Manheim, Germany.
John M. Collard, Chairman, Strategic Management Partners, Inc. (http://www.StrategicMgtPartners.com ) said, “I am honored to become a Certified International Turnaround Manager and to be part of the Turnaround Management Society. While these are uncertain times for business, there are opportunities for growth with constructuctive guidance. A stuborn global economic recovery, unprecedented changes in government policies around the world effecting how we will do business in the future, and limited availability of capital are pressing business issues that we must all face and conquer. We must focus on building companies in which investors and lenders want to invest their precious capital. Turnaround managers bring a unique set of skills to deal with these issues and create value.”
John M. Collard, Chairman:
John is a Certified Turnaround Professional (CTP), and a Certified International Turnaround Manager (CITM), who brings 35 years senior operating leadership, $85M asset recovery, 40+ transactions worth $780M+, and $80M fund management expertise to run troubled companies, and advise company boards, litigators, institutional and private equity investors. John has on many occasions parachuted in as the Interim CEO or senior executive to turn around a trouble entity. John was inducted into the Turnaround Management, Restructuring, and Distressed Investing Industry Hall of Fame, honoring those individuals whose outstanding contributions have increased the stature and respect of our industry. John is Past Chairman of the Turnaround Management Association (TMA). John is among the Regional Manufacturing Institute’s Constellation of Stars 2010, honoring those individuals whose outstanding contributions have advanced the Maryland Manufacturing industry, and saved jobs in Maryland. John is the 2010 Business Leader of the Year, awarded by Prince George’s Chamber of Commerce.
Strategic Management Partners, Inc. (http://www.StrategicMgtPartners.com 410-263-9100) is a turnaround management firm specializing in interim management and executive CEO leadership, asset and investment recovery, corporate renewal governance, private equity advisory, and investing in underperforming distressed troubled companies. SMP helps clients restore value to troubled companies, prepare entities for 'cash out' at maximum value, recover assets for fund investors, support litigation, and invest private equity into distressed opportunities. The firm has been advisor to Presidents Bush (41 & 43), Clinton, Reagan, and Yeltsin, World Bank, EBRD, Company Boards, and Equity Capital Investors on leadership, governance, turnaround management and equity investing. SMP is celebrating 20+ years of service to its clients. SMP was named Maryland's Small Business of the Year, and received the Governor's Citation, Governor Martin J. O'Malley, The State of Maryland as a special tribute to honor work in the areas of turning around troubled companies and saving jobs in Maryland. Turnarounds & Workouts Magazine has twice named SMP among the 'Top Outstanding Turnaround Management Firms'. American Business Journals named SMP among the Most Active Turnaround Management and Consulting Firms in Baltimore, Washington, and the Mid-Atlantic Region. Global M&A Network Turnaround Atlas Awards named SMP as Boutique Turnaround Consulting Firm of the Year.
Strategic Management Partners, Inc.: turnaround managers ready to run troubled companies, recover assets from investments gone bad, advise boards of directors and investors on company viability in distressed situations. We provide strong interim and operational leadership, strategic planning, financial, defense conversion, sales and marketing acumen developed building organizations in large and small companies, including President of public & private middle-market companies providing solutions to Commercial, Federal, International markets. Enterprises range from start-up to $100+mil. Industry expertise: Manufacturing; Job Shop; Engineering Services; Computer Processing/Services/Software/Integration; Communications; Defense Electronics; Aerospace; Federal Government Contracting; Systems Integration; High-Tech; Finance; Marine Services; Real Estate Development; Construction; Fabrication; and Printing.
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About: Strategic Management Partners, Inc. (http://www.StrategicMgtPartners.com 410-263-9100) is a turnaround management firm specializing in interim management and executive CEO leadership, asset and investment recovery, corporate renewal governance, private equity advisory, and investing in underperforming distressed troubled companies.
Strategic Management Partners, Inc.
522 Horn Point Drive, Annapolis, Maryland, USA
Contact: John Collard
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