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A case study of a company that exemplified the 80s.
The must-read summary of Carter Pate and Harlan Platt's book: "The Phoenix Effect: 9 Revitalizing Strategies No Business Can Do Without". This complete summary of the ideas from Carter Pate and Harlan Platt's book "The Phoenix Effect" answers one of the biggest questions in the business environment: why do so many successful companies fail? In their book, the authors present their research and conclude that these failures are the result of managers that refuse to accept that they are losing and fail to take action. This summary provides a detailed insight into the reasons behind business failures, meaning you can keep an eye on your own strategies and know when it's time to act. Added-value of this summary: • Save time • Understand key concepts • Expand your business knowledge To learn more, read "The Phoenix Effect" and discover how you can ensure that failures in your company are spotted in time and turned around.
Unintended consequences affect people's lives, happiness, and fortunes. They arise from every action and decision. This provocative book presents many unintended consequences and ultimately explains how their impact can be reduced. Chapters in this fascinating book describe unintended consequences caused by governments, people, science, technology, companies, and medicine. Readers learn how unintended consequences can be controlled. The world will never be free of them. However, it is possible to control the biggest perpetrator of the most damaging unintended consequences - the government. Discussions of unintended consequences are well documented, informative and written in a comfortable style. This is a book that will be read, reread, and shared with others.
From Debra Ann Hatten - The Christian Science Monitor (Eastern edition) This book, written for the nonfinancial reader, records conventional reasons for business failure: cash-flow problems, taking on too much debt, and starting out with too little capital. But it continues where other books may stop, pointing out to those who are nearly bankrupt how to avoid bankruptcy. It describes reorganization techniques that have pulled companies out of the holein recent years--such as refocusing market niches and converting debt into stock. The book uses minicases to illustrate these methods. The author also gives potential investors a score card to select potential turnaround companies when picking up the high-risk, high-yield bonds (not stocks) of near-bankrupt or bankrupt companies.
A comprehensive approach to renewing troubled companies
A comprehensive approach to renewing troubled companies
International turn-around gurus describe how to rescue a company from the brink of disaster Why, even in the best of economic times, do so many apparently healthy companies fail? The surprising answer offered by the authors of this breakthrough book is "denial," or more specifically, the inability of top management to acknowledge that they've been backing a losing strategy and to take the necessary, often traumatizing, steps required to set their companies on the right course. Using cogent case studies and lessons learned from working with Fortune 500 executives who have survived tough turnarounds, Pate and Platt vividly describe what happens when good strategies go bad. Drawing upon their experiences at top firms, they develop proven real-world turnaround strategies, tools, and techniques and show readers how to put them to work in their companies.
Eine Schritt-für-Schritt-Anleitung, wie Sie Ihr Unternehmen umstrukturieren und vor dem Ruin bewahren können. Mit bewährten Strategien aus der Praxis, z.B. von K-Mart, Sun Television and Appliances und VSI Enterprises. Bietet ein wahres Arsenal ausgefeilter und differenzierter Techniken zur Sanierung eines Unternehmens. Mit Kommentaren führender CEOs und CFOs, die ihre vor dem Ruin stehenden Unternehmen erfolgreich saniert und wieder wettbewerbsfähig gemacht haben. Mit aufschlussreichen Fallstudien. Ein Spezialabschnitt befasst sich mit der besonderen Umschwungproblematik bei Internetunternehmen, mit der Führungskräfte und Wagniskapitalgeber jetzt konfrontiert werden, nachdem die Kurse sich wieder nach unten bewegen. "Phoenix Effect" ist der praktische Ratgeber für Manager, die ihr Unternehmen vor dem Untergang bewahren wollen. Die Autoren sind internationale Experten mit langjähriger Erfahrung auf diesem Gebiet.
A helpful tool for business students studying turnaround management and corporate renewal