{"id":"https://openalex.org/W4389765634","doi":"https://doi.org/10.1177/09728201231196371","title":"The Decision Dilemma: Disinvestment or Turnaround?","display_name":"The Decision Dilemma: Disinvestment or Turnaround?","publication_year":2023,"publication_date":"2023-12-13","ids":{"openalex":"https://openalex.org/W4389765634","doi":"https://doi.org/10.1177/09728201231196371"},"language":"en","primary_location":{"id":"doi:10.1177/09728201231196371","doi":"https://doi.org/10.1177/09728201231196371","is_oa":false,"landing_page_url":"https://doi.org/10.1177/09728201231196371","pdf_url":null,"source":{"id":"https://openalex.org/S168387291","display_name":"Asian Journal of Management Cases","issn_l":"0972-8201","issn":["0972-8201","0973-0621"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":["abdc-c","jufo-1","poland-20","russia-white-list-4"],"host_organization":"https://openalex.org/P4310320017","host_organization_name":"SAGE Publishing","host_organization_lineage":["https://openalex.org/P4310320017"],"host_organization_lineage_names":["SAGE Publishing"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Asian Journal of Management Cases","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5093496852","display_name":"Mona Ratnesh","orcid":"https://orcid.org/0000-0001-6306-4165","observed_orcids":["https://orcid.org/0000-0001-6306-4165"]},"institutions":[{"id":"https://openalex.org/I191972202","display_name":"Amity University","ror":"https://ror.org/02n9z0v62","country_code":"IN","type":"education","lineage":["https://openalex.org/I191972202"]}],"countries":["IN"],"is_corresponding":true,"raw_author_name":"Mona Ratnesh","raw_affiliation_strings":["Amity Business School, Amity University Jharkhand, Ranchi, Jharkhand, India"],"raw_orcid":"https://orcid.org/0000-0001-6306-4165","affiliations":[{"raw_affiliation_string":"Amity Business School, Amity University Jharkhand, Ranchi, Jharkhand, India","institution_ids":["https://openalex.org/I191972202"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5076628591","display_name":"Julie Vardhan","orcid":"https://orcid.org/0000-0002-4645-7255","observed_orcids":["https://orcid.org/0000-0002-4645-7255"]},"institutions":[{"id":"https://openalex.org/I191972202","display_name":"Amity University","ror":"https://ror.org/02n9z0v62","country_code":"IN","type":"education","lineage":["https://openalex.org/I191972202"]}],"countries":["IN"],"is_corresponding":false,"raw_author_name":"Julie Vardhan","raw_affiliation_strings":["Amity Business School, Amity University Jharkhand, Ranchi, Jharkhand, India"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Amity Business School, Amity University Jharkhand, Ranchi, Jharkhand, India","institution_ids":["https://openalex.org/I191972202"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5055374237","display_name":"Madhuri Mahato","orcid":"https://orcid.org/0000-0001-5496-2641","observed_orcids":["https://orcid.org/0000-0001-5496-2641"]},"institutions":[{"id":"https://openalex.org/I191972202","display_name":"Amity University","ror":"https://ror.org/02n9z0v62","country_code":"IN","type":"education","lineage":["https://openalex.org/I191972202"]}],"countries":["IN"],"is_corresponding":false,"raw_author_name":"Madhuri Mahato","raw_affiliation_strings":["Amity Business School, Amity University Jharkhand, Ranchi, Jharkhand, India"],"raw_orcid":"https://orcid.org/0000-0001-5496-2641","affiliations":[{"raw_affiliation_string":"Amity Business School, Amity University Jharkhand, Ranchi, Jharkhand, India","institution_ids":["https://openalex.org/I191972202"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5093496852"],"corresponding_institution_ids":["https://openalex.org/I191972202"],"apc_list":{"value":3000,"currency":"USD","value_usd":3000},"apc_paid":null,"fwci":0.0,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":{"value":0.16957522,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T13642","display_name":"Organizational Downsizing and Restructuring","score":0.38280001282691956,"subfield":{"id":"https://openalex.org/subfields/1407","display_name":"Organizational Behavior and Human Resource Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T13642","display_name":"Organizational Downsizing and Restructuring","score":0.38280001282691956,"subfield":{"id":"https://openalex.org/subfields/1407","display_name":"Organizational Behavior and Human Resource Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13963","display_name":"Organizational Management and Leadership","score":0.09920000284910202,"subfield":{"id":"https://openalex.org/subfields/1405","display_name":"Management of Technology and Innovation"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12509","display_name":"Corporate Insolvency and Governance","score":0.09839999675750732,"subfield":{"id":"https://openalex.org/subfields/3308","display_name":"Law"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/public-enterprises","display_name":"public enterprises","score":0.8399999737739563},{"id":"https://openalex.org/keywords/corporate-turnaround","display_name":"corporate turnaround","score":0.6179999709129333},{"id":"https://openalex.org/keywords/divestment","display_name":"divestiture","score":0.8080000281333923},{"id":"https://openalex.org/keywords/bihar","display_name":"Bihar","score":0.39500001072883606},{"id":"https://openalex.org/keywords/financial-losses","display_name":"financial losses","score":0.47099998593330383},{"id":"https://openalex.org/keywords/international-competitiveness","display_name":"international competitiveness","score":0.6809999942779541},{"id":"https://openalex.org/keywords/bureaucratic-decision-making","display_name":"bureaucratic decision-making","score":0.9589999914169312},{"id":"https://openalex.org/keywords/lean-manufacturing","display_name":"lean manufacturing","score":0.8799999952316284},{"id":"https://openalex.org/keywords/organizational-performance","display_name":"organizational performance","score":0.7149999737739563}],"concepts":[{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.577488362789154},{"id":"https://openalex.org/C29122968","wikidata":"https://www.wikidata.org/wiki/Q1414816","display_name":"Incentive","level":2,"score":0.5726838111877441},{"id":"https://openalex.org/C2778496695","wikidata":"https://www.wikidata.org/wiki/Q254128","display_name":"Dilemma","level":2,"score":0.5508912205696106},{"id":"https://openalex.org/C43609274","wikidata":"https://www.wikidata.org/wiki/Q5282250","display_name":"Disinvestment","level":3,"score":0.542686939239502},{"id":"https://openalex.org/C14185376","wikidata":"https://www.wikidata.org/wiki/Q30232","display_name":"Agile software development","level":2,"score":0.4862193167209625},{"id":"https://openalex.org/C2778348171","wikidata":"https://www.wikidata.org/wiki/Q167037","display_name":"Corporation","level":2,"score":0.48254960775375366},{"id":"https://openalex.org/C147859227","wikidata":"https://www.wikidata.org/wiki/Q294217","display_name":"Public sector","level":2,"score":0.4658217132091522},{"id":"https://openalex.org/C51575053","wikidata":"https://www.wikidata.org/wiki/Q72468","display_name":"Bureaucracy","level":3,"score":0.45311909914016724},{"id":"https://openalex.org/C158016649","wikidata":"https://www.wikidata.org/wiki/Q161726","display_name":"Multinational corporation","level":2,"score":0.4475225508213043},{"id":"https://openalex.org/C126071100","wikidata":"https://www.wikidata.org/wiki/Q658255","display_name":"Subsidiary","level":3,"score":0.44688788056373596},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.3861009478569031},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.37261712551116943},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.3543036878108978},{"id":"https://openalex.org/C21547014","wikidata":"https://www.wikidata.org/wiki/Q1423657","display_name":"Operations management","level":1,"score":0.33997637033462524},{"id":"https://openalex.org/C34447519","wikidata":"https://www.wikidata.org/wiki/Q179522","display_name":"Market economy","level":1,"score":0.18729329109191895},{"id":"https://openalex.org/C187736073","wikidata":"https://www.wikidata.org/wiki/Q2920921","display_name":"Management","level":1,"score":0.16992127895355225},{"id":"https://openalex.org/C136264566","wikidata":"https://www.wikidata.org/wiki/Q159810","display_name":"Economy","level":1,"score":0.0},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.0},{"id":"https://openalex.org/C111472728","wikidata":"https://www.wikidata.org/wiki/Q9471","display_name":"Epistemology","level":1,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1177/09728201231196371","doi":"https://doi.org/10.1177/09728201231196371","is_oa":false,"landing_page_url":"https://doi.org/10.1177/09728201231196371","pdf_url":null,"source":{"id":"https://openalex.org/S168387291","display_name":"Asian Journal of Management Cases","issn_l":"0972-8201","issn":["0972-8201","0973-0621"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":["abdc-c","jufo-1","poland-20","russia-white-list-4"],"host_organization":"https://openalex.org/P4310320017","host_organization_name":"SAGE Publishing","host_organization_lineage":["https://openalex.org/P4310320017"],"host_organization_lineage_names":["SAGE Publishing"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Asian Journal of Management Cases","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/8","display_name":"Decent work and economic growth","score":0.6452000141143799},{"id":"https://metadata.un.org/sdg/9","display_name":"Industry, innovation and infrastructure","score":0.4943999946117401}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":0,"referenced_works":[],"related_works":["https://openalex.org/W2252022493","https://openalex.org/W2220967879","https://openalex.org/W4200451463","https://openalex.org/W3104774683","https://openalex.org/W2000420155","https://openalex.org/W2246294018","https://openalex.org/W3197395819","https://openalex.org/W2182816789","https://openalex.org/W2607354353","https://openalex.org/W2577635948"],"abstract_inverted_index":{"The":[0,142],"case":[1,88],"describes":[2],"the":[3,8,20,41,44,54,57,73,92,98,113,126],"journey":[4],"of":[5,7,24,34,78,119],"one":[6],"most":[9],"ambitious":[10],"public":[11,100],"sector":[12,101],"undertakings,":[13],"Heavy":[14],"Engineering":[15],"Corporation":[16],"Limited":[17],"(HECL),":[18],"in":[19,40,75,140],"earlier":[21],"unified":[22],"state":[23],"Bihar,":[25],"India.":[26],"Despite":[27],"being":[28],"a":[29,84],"leading":[30],"manufacturer":[31],"and":[32,37,83,94,116,129,134,146,157],"supplier":[33],"capital":[35],"equipment":[36],"experiencing":[38],"growth":[39],"initial":[42],"years,":[43,71],"company":[45,58,74],"incurred":[46],"losses":[47],"for":[48,144],"over":[49],"17":[50],"consecutive":[51],"years.":[52],"In":[53],"year":[55],"2006\u20132007,":[56],"briefly":[59],"bounced":[60],"back":[61],"to":[62],"profits,":[63],"but":[64],"those":[65],"revival":[66],"hopes":[67],"faded":[68],"within":[69],"five":[70],"leaving":[72],"dire":[76],"need":[77,143],"an":[79],"immediate":[80],"strategic":[81],"rethink":[82],"complete":[85],"overhaul.":[86],"This":[87],"specifically":[89],"focuses":[90],"on":[91],"problems":[93],"challenges":[95],"faced":[96],"by":[97],"cash-strapped":[99],"enterprise,":[102],"HECL.":[103],"It":[104],"addresses":[105],"issues":[106],"such":[107],"as":[108],"its":[109,120],"negative":[110],"net":[111],"worth,":[112],"rising":[114],"wage":[115],"incentive":[117],"bills":[118],"employees,":[121],"declining":[122],"product":[123],"competitiveness":[124],"at":[125],"global":[127],"level":[128],"other":[130],"persistent":[131],"financial":[132],"difficulties":[133],"bureaucratic":[135],"hurdles":[136],"that":[137,150],"created":[138],"inflexibilities":[139],"decision-making.":[141],"agile":[145],"lean":[147],"management":[148],"approaches":[149],"could":[151],"increase":[152],"overall":[153],"organizational":[154],"performance,":[155],"efficiency":[156],"value":[158],"deliverables":[159],"was":[160],"also":[161],"explored.":[162]},"counts_by_year":[],"updated_date":"2026-08-28T12:50:07.497085","created_date":"2023-12-15T00:00:00"}
