Turnaround Management Association (TMA)
TMA-SA is an affiliate of TMA
"TMA is the premier professional community dedicated to corporate renewal and turnaround management."
"Turnaround Management Association is the only international non-profit association dedicated to corporate renewal and turnaround management. With international headquarters in Chicago, TMA's 6,500 members in 32 regional chapters comprise a professional community of turnaround practitioners, attorneys, accountants, investors, lenders, venture capitalists, accountants, appraisers, liquidators, executive recruiters and consultants. Members adhere to a Code of Ethics specifying high standards of professionalism, integrity and competence. Its Certified Turnaround Professional (CTP) programme recognizes professional excellence and provides an objective measure of expertise related to workouts, restructurings and corporate renewal."
Membership
TMA membership growth has been exponential, from less than 1 000 in 1990 to almost 7 000 in 2003.

Further information on the TMA
The TMA has a comprehensive web site at www.turnaround.org
A must-see is the 2003 annual report. This report is unfortunately not available from the TMA web site, but you can download it from Turnaround management SA (see box on the right).
The Chapter Leadership Manual provides valuable guidelines for the management of a chapter (see box on the right).
