A qualification expires after four years if the qualified person does not work in the industry, does not keep up to date with industry developments, and does not gain any qualifications or undertake any training within the industry. This expiration provides customers with the assurance that the turnaround professional they are working with has maintained ties to the industry and has been involved in continuing their education to maintain a competitive edge and stay up to date with the latest developments, cases, and success strategies.
The Turnaround Management Society provides continuous training and educational materials for its members to help them maintain their qualifications. These include:
- online training
- the Turnaround Management Journal
- updates to the International Turnaround Management Standard™
- focus groups
- case studies
- assessment centers