Saving Jobs Brings Satisfaction - Turnaround Management ...
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Saving Jobs Brings Satisfaction - Turnaround Management ...

Saving Jobs Brings


If you know of an organization that

would benefit from Pro Bono

Services, call our local TMA office.

“Keeping a company together and

keeping employees working – when

you can walk away from an

assignment [with] that, it is the

greatest feeling in the world.”

-Peter L. Tourtellot, CTP

TMA President 2000-2001

Nov. 7, 2001 broadcast,

Voice of America

Turnaround Management


Chicago/Midwest Chapter

P.O. Box 33

Frankfort, IL 60423


815-469-1901 Fax

The Turnaround

Management Association

The “TMA” is the premier professional

organization dedicated to Corporate Renewal and

Turnaround Management. Established in 1988, the

TMA has over 5,000 members in 32 chapters

located throughout the United States and the

international business community. This group of

diverse professionals shares a common

commitment to help businesses manage and

improve their performance.

The TMA is composed of many top-level executives

of well recognized firms in the fields of turnaround

management consulting, lending, legal and other

related fields.

The TMA’s original mission continues today:

To serve as a forum for convening turnaround

executives and professionals from various

disciplines to exchange information, ideas and


To promote high standards of practice and

improved methodologies in turnaround


To foster professional development opportunities

for turnaround executives.

To serve as a clearinghouse for research and

information pertinent to the turnaround industry.

To promote the image of the TMA and

professional commitment to the highest

standards of practice.

Chicago/Midwest Pro Bono Program

The Pro Bono Program is a volunteer

effort supported by the members of the

Chicago/Midwest chapter of the TMA.

The mission of the Program is to provide

turnaround consulting and other

necessary services at no charge to nonprofit

organizations and small for-profit

businesses experiencing serious financial,

operational or other problems.

Pro Bono Eligibility:


Organizations whose activities have a

significant positive impact on the

community, but whose agenda is

neither political nor religious.

Annual revenues of $2 million or less.


Companies with job retention or

creation potential of at least 4

employees. No start-ups.

Annual revenues of $3 million or less.

In all cases, the candidate organization

must be within a 2-hour drive of


How the Pro Bono Program Works

All qualified candidates will be assigned

a “lead" TMA volunteer who has the

necessary skills appropriate to the

demands of the project.

The lead volunteer will work with

management and be responsible for

bringing the special skillsets of other TMA

volunteers into the situation as needed.

Pro Bono Program successes include

companies ranging from machine shops

and garment manufacturers to schools

for the hearing impaired and

organizations to help troubled youths. In

all these situations and many more, the

goal of restoring and/or improving the

viability and performance of the

company while maintaining or creating

employment opportunities was achieved.

For more information about the Pro

Bono Program, please call our Executive

Director Christine Glatz at:

(815) 469-2935.

All inquiries are treated with

strictest confidence.

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