However, there is no evidence that the larger organization needs to be highly effective or
in turnaround mode to grant the «big yes» to a unit leader.
Easterbrook said that he wants to see another quarter or two of positive performance before management switches its mindset
from turnaround mode into a longer term growth strategy.
«To us, what this shows is that this is a business that had been in
turnaround mode under new CEO Steve Easterbrook, and we are starting to see some of these positive results now both domestically and internationally, which is very encouraging,» Trip Miller, managing partner at Gullane Capital Partners and a McDonald's shareholder, told CNBC.
«Management has a track record of over-promising and under - delivering, and the company has been in
turnaround mode for the last five years.
Easterbrook likely wants to turn the focus away from breakfast because the company needs more force to propel the company
from turnaround mode to prolonged growth.
And analysts have also questioned the rationale for buying QBE when it is still
in turnaround mode, and relatively expensive compared with its global peers.
With Skype's software rights secured, the investors went into
turnaround mode.
Mr Banducci said that while the retailer's priorities in 2018 were largely consistent with those in 2017 as it moved from
turnaround mode to transformation mode, the focus would shift to creating better experiences for customers, staff and the communities in which it operated.
SPX Corp, Sara Lee — These are still in
turnaround mode.
Profile Forward - thinking visionary and hands - on leader, mentor, and motivator, successfully driving explosive revenue and business growth for domestic and international companies in start - up, established, revitalization, and
turnaround mode.
At the same time, Philadelphia - based PREIT, which operates 38 malls within its 34 - million - square - foot portfolio, is still in
turnaround mode, wrote Lehman Brothers analyst David Harris.