"Turnaround strategy" and there was some other term for it, I remember when working in a SOE. We dreaded these every time a new CEO arrived. It NEVER meant more efficient services or lower costs. It was always new personnel appointments, changing of job titles, and plunging working processes into disarray.
An example of how I got sidelined in one such operation was a new post was created above me, which I had to apply for and did not get despite my years of experience and recognition from previous CEOs in corporate magazines etc. It did not hurt me financially as I kept my pay grade, but it added costs to the company and plunged everyone into uncertainty.
Another time was us all having to reapply for our jobs as their posts had changed. All that changed was the post names, as the job description functions remained exactly the same. And no, we did not lose people at all, so what was the point of the millions of Rand spent on the consultants doing this "re-engineering"?
One would think there are objective metrics put in place to measure the turnaround on customer requests or tenders, and then you demonstrate after such an exercise the improvement of x%.
One time the staff actually were in revolt about changing the name of the entity as they felt it would not improve anything, and we needed to rather fix any issues we had. It just shows how staff feel about these turnaround strategies - money for strategies, but nothing left for a pay increase.
I retired early, as I was really sick of having to keep re-applying for a job I already did very well (judging by my good performance reviews). Too much time is spent on window dressing, PR, rebranding, turnarounds, etc instead of fixing the actual issues. Ask the staff, as often they know exactly what is wrong and often how to fix it.