The client - usually a President or VP - knows there is a crisis but has neither the time nor the specific experience needed to recover the situation. His internal resources may be unavailable, unsuitable, inadequate or discredited. He may be unable to find a long term leadership-management candidate or maybe unwilling to pass on an existing crisis to a newly hired senior manager who has medium or long term circumstances to manage. In well established businesses downsizing may have eliminated back-up managers. The Turnaround Specialist, operating as either an interim manager or consultant, temporarily takes over a new or existing or troubled project's technical leadership and decision-making processes to guide it on to a new path that meets the businesses objectives.

This article answers the following questions: What can a High Tech Turnaround Specialist achieve and in what circumstances ? What steps does the Specialist take ? What should a business expect ? Selecting a Specialist.