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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 54 chapters including 34 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, the Czech Republic, Finland, Germany, Hong Kong, Italy, Japan, 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

15 Jun, 2021

Bounce Back Loans: Repayments Begin

Last week, thousands of small businesses were due...

27 May, 2021

Returning to the Workplace: Board Considerations

The disruption caused by Covid-19 presented...

21 May, 2021

The Importance of being different? In partnership with RSM

On 19th May TMA hosted a webinar in partnership...

Sponsor news

22 Jun, 2021

Hotels & Hospitality - Life after Lockdown, 12 months on

On 17th June, Part 4 of our webinar series with Colliers saw a panel of experts discuss the...

21 Jun, 2021

We are delighted to welcome Colliers as a Large Company Sponsor

On behalf of Paul Davies, TMA UK President we are delighted to welcome Colliers as a Large Company...

Tweets

TMA UK @UK_TMA · yesterday

TMA UK are delighted to welcome @Colliers_UK as a Large Company Sponsor of our organisation. Read in full here… twitter.com/i/web/status/1…

TMA UK @UK_TMA · 7 days ago

The first event will be a virtual fireside chat on the 24th June with Richard Fleming and Michael Corner-Jones of A… twitter.com/i/web/status/1…

JCR

June 2021