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I'm keen to discuss turnaround strategies that have proven successful for struggling businesses. A turnaround strategy involves a set of measures to restore a company's financial health and operational performance. Key elements often include cost-cutting, restructuring debt, and revamping leadership. Has anyone implemented a successful turnaround strategy? What specific actions did you take? What challenges did you face, and how did you overcome them? Let's share our experiences and insights to help others facing similar issues.