noun
management reorganization; business restructuring
Refers to a fundamental change in a company's management structure, strategy, or operations, often in response to financial difficulties or market shifts.
不採算部門を売却し、経営転換を図る。
They plan to sell off unprofitable divisions and restructure the management.
経営転換が成功すれば、業績は回復するだろう。
If the management reorganization succeeds, performance will likely recover.
Compound of 経営 (management) and 転換 (conversion, change).