noun a complete change from a bad situation to a good situation
verb to change or reverse direction
adjective relating to a quick change or improvement
In the business world, turnaround refers to the process of reversing a failing company's performance and returning it to profitability.
In aviation, turnaround time refers to the time it takes for an aircraft to land, unload passengers, refuel, and take off again.
In manufacturing, turnaround time refers to the time it takes to complete a production cycle, from raw materials to finished products.
In project management, turnaround time refers to the time it takes to complete a project from start to finish, including planning, execution, and delivery.
In the publishing industry, a quick turnaround time for writing articles or manuscripts is often necessary to meet deadlines.
A psychologist may use the term 'turnaround' to refer to the time it takes for a patient to show improvement or progress in therapy.
A business consultant may focus on turnaround strategies to help companies improve their financial performance and overall operations.
In project management, 'turnaround' can refer to the time it takes to complete a project or to successfully turn around a failing project.
A manufacturing manager may use 'turnaround' to describe the process of improving production efficiency and reducing downtime.
An accountant may refer to 'turnaround' when discussing financial restructuring or recovery plans for struggling businesses.