Case Analysis - Bally Total Fitness

BALLY TOTAL FITNESS

Please research Bally's total fitness, do an analysis of the industry, formulate ideas and discuss them answering the questions below:

1. What is CEO Toback’s most pressing concern and how could he go about addressing this concern?

2. Do you agree or disagree with the assessment of the concern and the plan to address this concern? Why or why not?

This is a link I found, but you can use any you like:
http://www.prnewswire.com/news-releases/bally-total-fitness-announces-resignation-of-paul-toback-as-chairman-president-and-ceo-board-appoints-don-kornstein-interim-chairman-and-barry-elson-acting-ceo-56107012.html