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
P.O. Box 33
Frankfort, IL 60423
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
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:
All inquiries are treated with