An Empirical Investigation of Successful, High Performing Turnaround Professionals: Application of the Dynamic Capabilities Theory

ABSTRACT This research is about identifying the characteristics or success profiles of professionals working in the turnaround industry. The turnaround industry possesses a number of dynamic capabilities in processes, positions, resources and paths that are unique to its industry. The firms that compete in the turnaround industry serve their clients, the dying organizations, by using a mix of these dynamic capabilities. While these dynamic capabilities are seen as the turnaround firms’ “secrets of success,” they have over time evolved into “best practices.” This commoditization of best practices in the turnaround industry has created a need for turnaround firms to search for a competitive advantage. Specifically, this advantage is identified in the literature as the skills, knowledge, and experience of the turnaround professional. These unique characteristics of the turnaround management professional (TMP), see appendix C for a complete definitions of terms, have been accounted for in the Turnaround Management Association (TMA) certification process called the Certified Turnaround Professional, or CTP. One of the TMA’s goals is to establish professional work standards and guidelines and to regulate the industry. While a noble effort, this focus takes the “competitive advantage” away from the turnaround organization and standardizes it into the “best practices” arena via “certified” professionals leaving these organizations to compete on size and location alone. Evidence from a focus group, case research interviews, and two different surveys, suggests that there is a profound difference in the effectiveness of TMPs beyond the knowledge, skill, and experience levels identified as one of the core components of dynamic capabilities theory. This evidence led to the investigation of psychometric profiling as a method to measure the distinct success profiles of these “highly successful” TMPs, or Most Valuable players (MVP). Measuring the thinking style (cognitive reasoning ability), work motivation, personality behaviors, and occupational interests of MVP s, has led to the discovery of a success composite. The findings of this research suggest that MVP s score higher on this composite than do other TMPs who were identified as “low performers”, or Least Valuable Players (LVP), as well as non-turnaround managers, executives, and business professionals in general. It is postulated that by using this composite score in hiring, training, and promoting turnaround professionals, a turnaround firm will obtain a competitive advantage in their industry and generate higher success for all stakeholders. Resultantly, the researchers have uncovered a critical gap in the dynamic capability theory surrounding the construct of human capital. Evidence suggests that psychometric profiling is an acceptable and, indeed, important measure of the value of human capital

Mrub_1873, Mrub_1872, Mrub_1871 genes are predicted orthologs of the b2285, b2284, and b2283 genes respectively, found in \u3cem\u3eEscherichia coli\u3c/em\u3e coding for NADH ubiquinone oxidoreductase complex subunits E, F, and G.

This project is part of the Meiothermus ruber genome analysis project, which uses the bioinformatics tools associated with the Guiding Education through Novel Investigation –Annotation Collaboration Toolkit (GENI-ACT) to predict gene function. We investigated the biological function of the genes Mrub_1873, Mrub_1872, and Mrub_1871.We predict that Mrub_1873 (DNA coordinates 1933743..1934309 on the reverse strand), Mrub_1872 (DNA coordinates 1932430..1933746 on the reverse strand), and Mrub_1871 (DNA coordinates 1930055..1932421 on the reverse strand) are subunits of the NADH ubiquinone oxidoreductase complex (00190). The complex catalyzes both the transfer of protons across the cytoplasmic membrane and the transfer of electrons to ubiquinone during the process of oxidative phosphorylation. The E. coli K12 MG1655 orthologs are predicted to be b2285, b2284, and b2283, which have the gene identifiers NuoE, NuoF, NuoG respectively

Mrub_1867, Mrub_1868, and Mrub_1869 genes are predicted orthologs of the b2279, b2280, and b2281 genes found in \u3cem\u3eEscherichia coli\u3c/em\u3e coding for the NADH dehydrogenase subunits K, J, and I respectively

This project is part of the Meiothermus ruber genome analysis project, which uses the bioinformatics tools associated with the Guiding Education through Novel Investigation –Annotation Collaboration Toolkit (GENI-ACT) to predict gene function. We investigated the biological function of the genes Mrub_1867, Mrub_1868, and Mrub_1869. We predict that Mrub_1867 (DNA coordinates 1927237..1927527 on the reverse strand), Mrub_1868 (DNA coordinates 1927524..1928123 on the reverse strand), and Mrub_1869 (DNA coordinates 1928248..1928781 on the reverse strand) are subunits of the NADH: ubiquinone oxidoreductase complex (KEGG map number 00190). This complex catalyzes the translocation of H+ across the cytoplasmic membrane and transfers electrons from NADH to ubiquinone during oxidative phosphorylation. The respective E. coli K12 MG1655 orthologs are predicted to be b2279, b2280, and b2281 which have the gene identifiers NuoK, NuoJ, and NuoI

Serine Biosynthesis and Glycine Biosynthesis/Degradation: Mrub_0173 is Orthologous to \u3cem\u3eE. coli\u3c/em\u3e b2913 (serA); Mrub_0125 is Orthologous to \u3cem\u3eE. coli\u3c/em\u3e b4388 (serB); Mrub_2910 is Orthologous to \u3cem\u3eE. coli\u3c/em\u3e b2551 (glyA).

ABSTRACT. This project is part of the Meiothermus ruber genome analysis project, which uses the bioinformatics tools associated with the Guiding Education through Novel Investigation –Annotation Collaboration Toolkit (GENI-ACT) to predict gene function. We investigated the biological function of the genes Mrub_0173, Mrub_0125, and Mrub_ 2910. We predict that Mrub_0173 encodes the enzyme phosphoglycerate dehydrogenase (DNA coordinates 152982 ... 154347), which is the 1st step of the serine biosynthesis pathway (KEGG map number 00680). It catalyzes the conversion of NAD+ + 3-phospho-D-glycerate → NADH H+ + 3-phospho-hydroxypyruvate. The E. coli K12 MG1655 ortholog is predicted to be b2913, which has the gene identifier serA. We predict that Mrub_0125 encodes the enzyme phosphoserine phosphatase (DNA coordinates 103483 ... 104136), which is the 3rd step of the serine biosynthesis pathway (KEGG map number 00680). It catalyzes the conversion of H2O + 3-phosopho-L-serine → phosphate + L-serine. The E. coli K12 MG1655 ortholog is predicted to be b4388, which has the gene identifier serB. We predict that Mrub_2910 encodes the enzyme glycine hydroxymethyltransferase (DNA coordinates 2946484 ... 2947716), which is the 1st step of the glycine biosynthesis and degradation pathway (KEGG map number 00680). It catalyzes the conversion of 5,10-methylene-tetrahydrofolate + H2O + glycine ↔tetrahydrofolate + L-serine. The E. coli K12 MG1655 ortholog is predicted to be b2551, which has the gene identifier glyA

Mrub_3029, Mrub_2052, are predicted orthologs of b_0688, b_0394, while Mrub_0759 and Mrub_2365 are not predicted orthologs of b_1309, in \u3cem\u3eEscherichia coli\u3c/em\u3e, which code for enzymes involved in starch and sucrose metabolism

We predict that Mrub__[0759] encodes the enzyme [Meiothermus ruber Fruktokinase] (DNA coordinates [741282..742202 on the forward strand] which is the 00500 step of the Starch and Sucrose Metabolism pathway (KEGG map number [2.7.1.4]). It catalyzes the conversion of [ATP + D-fructoseADP + D-fructose 6-phosphate]. The E. coli K12 MG1655 ortholog is predicted to be b1309, which has the gene identifier [ycjM] We predict that Mrub__[ 2365] encodes the enzyme [Meiothermus ruber Fruktokinase] (DNA coordinates [2417118..2418059 on the forward strand], which is the [00500] step of the [Starch and Sucrose Metabolism] pathway (KEGG map number [2.7.1.4]). It catalyzes the conversion of [ATP + D-fructoseADP + D-fructose 6-phosphate]. The E. coli K12 MG1655 ortholog is predicted to be b1309, which has the gene identifier [ycjM]. We predict that Mrub__[ 3029] encodes the enzyme [Meiothermus ruber Sucrose phosphorylase] (DNA coordinates [3072410..3074080 on the forward strand]), which is the [00500] step of the [Starch and Sucrose Metabolism] pathway (KEGG map number [2.4.1.7 ]). It catalyzes the conversion of [sucrose + phosphate → β-D-fructofuranose + α-D-glucopyranose 1-phosphate]. The E. coli K12 MG1655 ortholog is predicted to be b0688, which has the gene identifier [pgm]. We predict that Mrub__[ 2052] encodes the enzyme [Meiothermus ruber phosphoglucomutase] (DNA coordinates [2088542..2090185 on the reverse strand], which is the [00500] step of the [Starch and Sucrose Metabolism] pathway (KEGG map number [5.4.2.2]). It catalyzes the conversion of [Alpha-D-glucose 1-phosphatealpha-D-glucose 6-phosphate]. The E. coli K12 MG1655 ortholog is predicted to be b0394, which has the gene identifier [mak]

Mrub_2642, Mrub_1054, and Mrub_1059 genes are orthologs of the \u3cem\u3eEscherichia coli\u3c/em\u3e genes b2942, b0159, and b2687 genes, respectively, which code for methionine adenosyltransferase, adenosylhomocysteine nucleosidase, and S-ribosylhomocysteine lyase

This project is part of the Meiothermus ruber genome analysis project, which uses the bioinformatics tools associated with the Guiding Education through Novel Investigation –Annotation Collaboration Toolkit (GENI-ACT) to predict gene function. We investigated the biological function of the genes Mrub_2642, Mrub_1054, and Mrub_1059. We predict that Mrub_2642 encodes the enzyme methionine adenosyltransferase (DNA coordinates [2677251…2678426] on the reverse strand), the first step of the methionine degradation pathway (KEGG map number 00270). Methionine adenosyltransferase catalyzes the conversion of the substrates, ATP, L-methionine, and water, to yield the products S-adenosyl-L-methionine (SAM), inorganic phosphate, and diphosphate. Mrub_1054 encodes adenosylhomocysteine nucleosidase (DNA coordinates [1054556…1055239] on the reverse strand]), the enzyme in the third step of this pathway, which catalyzes the conversion of SAM and water to produce S-ribosyl-L-homocysteine and adenine. In the fourth step of this pathway, Mrub_1054 encodes the enzyme S-ribosylhomocysteine lyase (DNA coordinates [1060000…1060485] on the reverse strand), and catalyzes the formation of autoinducer II (AI-2) by cleavage of S-ribosyl-L-homocysteine, leaving L-homocysteine as a product. The E. coli K12 MG1655 orthologs are predicted to be b2942, b0159, and b2687, which have the gene identifiers metK, mtn, and luxS

Annotation and Identification of Several Glycerolipid Metabolic Related Ortholog Genes; Mrub_0437, Mrub_1813 and Mrub_2759 In The Organism \u3cem\u3eMeithermus Ruber\u3c/em\u3e and Their Predicted Respective Orthologs b3926, b4042 and BO514 Found In \u3cem\u3eE.coli\u3c/em\u3e.

We predict Mrub_0437 encodes the enzyme glycerol kinase (DNA coordinates [417621..419183), which is an intermediary step of the glycerolipid metabolic pathway (KEGG map00561), It catalyzes the conversion of glycerol to sn-Glycerol-3-phosphate. The E. coli K12 MG1655 ortholog is predicted to be b3926. We predict Mrub_1813 encodes the enzyme diacylglycerol kinase (DNA coordinates [1864659..1865063), which is an intermediary step of the glycerolipid metabolic pathway (KEGG map00561), It catalyzes the conversion of 1,2-diacyl-sn-glycerol to 1,2-diacyl-sn-glycerol 3-phosphate. The E. coli K12 MG1655 ortholog is predicted to be b4042. We predict Mrub_2759 encodes the enzyme glycerol kinase (DNA coordinates [2799712..2800665), which is an intermediary step of the glycerolipid metabolic pathway (KEGG map00561), It catalyzes the conversion of d-Glycerate to 2-phospho-d-glycerate. The E. coli K12 MG1655 ortholog is predicted to be B0514

Results of investigations into the groundwater response and productivity of high water use agricultural systems 1990-1997 4. TKK Engineering\u27s Catchment (Williams)

High water use vegetation systems for salinity control were trialed on a 70 ha catchment located about 15 km north of Williams, Western Australia. The catchment receives about 545 mm annual rainfall and 1870 mm annual evaporation. Development of salinity is characterised by passive discharge upslope from a dolerite dyke. Because recharge exceeds the discharge capacity of current seeps, there is potential for new seeps to develop in the mid to lower slopes

Results of investigations into the groundwater response and productivity of high water use agricultural systems 1990-1997 1. Wooldridge/Wright\u27s Catchment (Kojonup)

High water use vegetation systems for salinity control were trialed on a 170 ha catchment located 13 km north of Kojonup, Western Australia. The catchment receives about 470 mm annual rainfall and 1825 mm annual evaporation