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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

16 Oct, 2020

TMA NextGen mentoring session and online networking


On 13th October we hosted our first NextGen...

13 Oct, 2020

TMA Global Interview with Scott Stuart, CEO TMA Global | What’s happening in America can happen to u

On 8th October Andrew Pepper, Past President and...

09 Oct, 2020

TMA Scotland: The Relaunch Recap

We were delighted at the success of our Scottish...

Sponsor news

23 Oct, 2020

BREAL Zeta delivers £6.2m ABL facility to help Turbine Efficiency propel future growth

Specialist asset-based lender, BREAL Zeta has completed a £6.2m funding facility for Turbine...

13 Oct, 2020

BREAL Zeta supports acquisition of Oak Furnitureland with £25m ABL facility, saving 1,500 jobs

The asset-based lending facility, totalling £25m for an initial term of 18 months, comprised a...

Tweets

TMA UK @UK_TMA · yesterday

Latest news and press from TMA UK and our Sponsors tma-uk.org/news pic.twitter.com/y9yQaEYbiI

TMA UK @UK_TMA · yesterday

We are delighted to announce the shortlist for our nextGen Professional of the Year Award kindly sponsored by… twitter.com/i/web/status/1…

JCR

Oct 2020