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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 almost 10,000 members in 53 chapters including 33 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

29 Jul, 2020

Aviation: The great come back?

On Tuesday 21st July, Quantuma LLP kindly hosted...

21 Jul, 2020

Is mass unemployment an inevitability?

In June the Organisation for Economic Cooperation...

15 Jul, 2020

Have you entered your nomination for the NextGen Young Professional of the Year 2020 yet?

The deadline for applications is 7th August 2020....

Sponsor news

30 Jul, 2020

Gordon Brothers Identifies Post Covid-19 Emerging Retail Trends

Gordon Brothers, the global advisory, restructuring and investment firm, has released an article...

14 Jul, 2020

Staying on the Right Side of Wrongful Trading

Staying on the Right Side of Wrongful Trading - Challenges and Risks Facing Directors in the...

Tweets

TMA UK @UK_TMA · 6 months ago

Did you hear? Our CEO, Jenny Oldfield, has been appointed as a @UK_TMA director! Congratulations Jenny! pic.twitter.com/o1QhEV65uU

TMA UK @UK_TMA · 4 months ago

Our events are held across the UK, featuring well known speakers from all areas of the Turnaround Community. Not ye… twitter.com/i/web/status/1…

JCR

July / Aug 2020