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 Its operating funds are derived from membership dues, conference and seminar revenues, programming fees, sponsorships and web-related advertising.

Membership of the TMA offers professionals in corporate renewal and turnaround management the opportunity to improve existing skills, to develop new ones, to exchange knowledge through professional association activities and to network with other TMA members. TMA members are in touch with business, professional, academic and government leaders who are dedicated to the development of a stronger economy through the restoration of corporate value. The TMA acts as a lobby and advisory group on turnaround matters.

The Association Today

Turnaround Management Association (TMA) is a global non-profit organization comprised of turnaround and corporate renewal professionals with more than 8,300 members in 55 chapters including 32 in North America. TMA is headquartered in Chicago and provides two conferences per year, membership benefit programmes, and the Journal of Corporate Renewal–the leading publication for professionals in the corporate renewal industry.

Established in 1988, TMA members include turnaround practitioners, attorneys, accountants, investors, lenders, venture capitalists, appraisers, liquidators, executive recruiters, and consultants, as well as academic, government, and judicial employees. TMA has a chapter in Australia, Austria, Brazil, Bulgaria, Croatia, the Czech Republic, Finland, Germany, Hong Kong, Italy, Japan, Korea, the Netherlands, Romania, Serbia, Singapore, Southern Africa, Spain, Sweden, Ukraine, and the UK. There are two chapters in Canada–Montreal and Toronto.

A Vision to Serve our Members and Clients

TMA's vision is to be the leading international association of professionals who assist businesses in managing periods of dramatic change and help to improve their business performance. We provide value to our members in the form of:

  • Communication to promote the tangible benefits and accomplishments of turnaround professionals and enhance the image and credibility of the profession.
  • Education to provide turnaround professionals access to the highest level of knowledge in management technology and skills.
  • Networking to encourage the sharing of practical information regarding successful techniques in turnaround management and professional camaraderie and support.

To benefit as an organization, TMA must deliver services and benefits not only to its members, but to its members' clients as well. TMA is succeeding in reaching out to those audiences. Through their involvement in TMA and their referrals to its members, business leaders, boards of directors, lenders, lawyers and accountants are recognizing the contributions of the profession and its importance to corporate recovery and renewal.

The TMA Code of Ethics describes the values contained in our vision statement and encourages members to live by these ideals as they practice the corporate renewal process.


TMA news

10 Jan, 2019

Standing room only at the TMA January 2019 event

A fantastic way to start 2019!


Retail woes are...

20 Dec, 2018

TMA UK President - end of year message

As my two years of Presidency draw to a close I...

Sponsor news

17 Jan, 2019

Data Protection Predictions 2019


2018 was a landmark year for data protection and privacy; the EU General Data Protection...

14 Jan, 2019

A look at the UK’s data protection law in a no-deal Brexit situation

We previously reported on Brexit's impact on data protection here and here.

Shortly before...

Tweets

TMA UK @UK_TMA · 2 days ago

Are you in your early stages of your career and work within the Turnaround industry? Do you want to network with li… twitter.com/i/web/status/1…

TMA UK @UK_TMA · 4 days ago

The consequences of being owed a bad debt can be critical. If a business is depending on the owed money to pay the… twitter.com/i/web/status/1…

JCR

Nov 2018