STR 405 · Unit 1 of 6
Diagnosing Underperformance and Crisis
Turnarounds, Transformation and Restructuring
Start unit · 4 lessons →Learning objectives
After completing this unit, you will be able to:
- Analyze real business problems in this concentration
- Apply the frameworks in "Diagnosing Underperformance and Crisis" to a real management decision
- Make progress on your Concentration case analysis applied project
Why this matters
Diagnosing Underperformance and Crisis is essential to Turnarounds, Transformation and Restructuring. Lessons build fluency with anchor-company examples, worked problems, and assessments on the unit page.
Lesson
Unit overview
Complete all 4 lessons in order. Each lesson follows the program authoring standard: conceptual prose, worked examples, practice problems, and managerial judgment prompts. Finish unit exercises and the knowledge check before marking the unit complete.
Connection to applied work
This unit feeds directly into Concentration case analysis. As you read, capture notes, examples, and data you can reuse in that deliverable. Strong students finish each unit with a draft section of their project, not just highlights.
Practice
- Write a one-page summary of this unit in your own words without looking at the lesson.
- Find a real company example (public filing, news article, or personal experience) that illustrates the main concept.
- Draft one paragraph recommending an action a manager should take based on this unit.
- Add at least three terms from this unit to your course glossary.
Knowledge check
Answer these without notes before marking the unit complete:
- What is the central idea of "Diagnosing Underperformance and Crisis"?
- What mistake do beginners most often make when applying this material?
- How does this unit help you complete Concentration case analysis?
- What is one decision you face this month where this unit applies?
Key takeaways
- Analyze real business problems in this concentration
- Business concepts only matter when they change a decision.
- Your STR 405 assessment (Turnarounds, Transformation and Restructuring. Six units covering applied topics in this concentration.) rewards applied understanding, not memorization.
Unit assessment
Complete each section below. Score 80%+ on the quiz to finish this unit's assessment.
Exercises
Apply what you learned in this unit with structured practice.
Deliverable
300–500 word analysis document saved to your portfolio under STR 405.
Rubric
- • Framework applied correctly (not just named)
- • Specific evidence from a real example
- • Clear recommendation with tradeoffs acknowledged
- • Professional writing with source citation
Deliverable
Problem solutions + 150-word reflection in your STR 405 workbook.
Rubric
- • Attempted all practice items before checking answers
- • Honest reflection on errors
- • Identifies a specific review action
Case analysis
Analyze a case using frameworks from this unit.
Deliverable
2-page case write-up in your portfolio.
Rubric
- • Case facts are accurate and sourced
- • Analysis uses unit frameworks explicitly
- • Recommendation is justified with tradeoffs
- • Risks are specific, not generic
Knowledge quiz
Check your understanding before marking the unit complete.
1. For Diagnosing Underperformance and Crisis at Meridian Industrial, what is the primary decision-quality test before board funding?
2. Meridian Industrial reports $4.80B revenue and $1.84B net debt. Why must Diagnosing Underperformance and Crisis analysis include leverage guardrails?
3. In Diagnosing Underperformance and Crisis, which practice best reflects VoltEdge Energy Services context?
4. Nina Park's consulting team reviews Diagnosing Underperformance and Crisis. What distinguishes insight from observation?
5. Which leading-indicator discipline fits Diagnosing Underperformance and Crisis governance?
6. A manager proposes a Diagnosing Underperformance and Crisis initiative with positive base-case NPV but thin covenant headroom. Best response?
7. What is the strongest dissent practice in Diagnosing Underperformance and Crisis recommendations?