Corporate Transformation Management PT
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Innovation as a driver of turnaround

level of course unit

3rd semester Master: 1st Study cycle

Learning outcomes of course unit

The students:
• know the different options of innovation and how these can be used in the context of a turnaround
• know the hurdles in implementing innovation in turnaround situations
• know how digitalization can be used in innovation in turnaround situations

prerequisites and co-requisites

3rd semester Master: no details

course contents

I. Basics
• Definition of innovation and turnaround
• Current state of research of innovation in turnaround management
• Hurdles of innovation in turnaround situations (thread-rigidity theory vs. innovation theory)

II. Sources of innovation
• Product innovation in turnaround management
• Process innovation in turnaround management
• Marketing innovation in turnaround management
• Organizational innovation in turnaround management

III. Strategy and innovation in turnaround
• Innovation strategies in turnaround management
• Success of innovation in turnaround situations

recommended or required reading

Behringer, S. (2017) Unternehmenssanierung: Ursachen - Krisenfrüherkennung - Management, Wiesbaden.
Evertz, D. & Krystek, U. (2014) Unternehmen erfolgreich restrukturieren und sanieren: Herausforderungen und Lösungsansätze für den Turnaround, Stuttgar.
Exler, M. W. & Situm, M. (2019) (Hrsg.). Restrukturierungs- und Turnaround-Management: Strategien, Erfolgsfaktoren und Best Practice für die Transformation, Berlin.
Fuchs, C. & Golenhofer, F. (2018) Mastering disruption and innovation in product management: Connecting the dots, Cham.
Goffin, K. & Mitchell, R. (2016) Innovation management: Effective strategy and implementation, London.
Kreutzer, R. T. T., Neugebauer, T. & Pattloch, A. (2016) Digital business innovation: Digitale Transformation - Geschäftsmodell - Innovation - agile Organisation - Change Management, Wiesbaden.
Schallmo, D. (2015) Bestehende Ansätze zu Business Model Innovationen: Analyse und Vergleich der Geschäftsmodelle, Wiesbaden.
Tilley, A. (2019) Turnaround management: Unlocking and preserving value in distressed businesses, Surrey.

assessment methods and criteria

• Seminar thesis

language of instruction


number of ECTS credits allocated


eLearning quota in percent


course-hours-per-week (chw)


planned learning activities and teaching methods

• The course, which is mostly dialog-oriented, usually consists of the triad of practical relevance, academic structuring, and the independent development of integrative case studies from immediate professional and consulting practice.

semester/trimester when the course unit is delivered


name of lecturer(s)

Director of studies

year of study


recommended optional program components


course unit code


type of course unit

integrated lecture

mode of delivery


work placement(s)



Situm Mario
Prof. (FH) DDr. Mario Situm, MBA
Director of Studies
+43 5372 71819 147
questions -  Any
Any questions -
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+43 5372 71819 500

Internationales Symposium Restrukturierung

Jährlich findet das „Internationale Symposium Restrukturierung“ an der Fachhochschule Kufstein Tirol statt.

Restrukturierungs- und Turnaround-Management

Handbuch für die Praxis:
Restrukturierungs- und Turnaround-Management, 2. Auflage, Exler (Hrsg.)

Mehr Infos:

Restrukturierungs-Qualitätssiegel für Kufsteiner Masterstudiengang

Der berufsbegleitende Masterstudiengang Unternehmensrestrukturierung & -sanierung ist nach einjähriger Begutachtung offiziell TMA-zertifiziert – das renommierte Qualitätssiegel des Verbandes der deutschen Restrukturierungsexperten (TMA).

Weitere Informationen