Digital transformation for turnarounds: Rethink IT, optimize processes, and manage change. Learn how to leverage cloud for business recovery.
A Framework to Asses and Monitor Turnaround Processes
[vc_row][vc_column][vc_column_text] There are two frameworks focus on the theory that a company to perform properly need to be aligned in some important hard and soft elements. The “Star Model” was created by Jay Galbraith in the 1960s. This framework remains important…
Time for Turnaround: Why does the turnaround decision use to be delayed?
[vc_row][vc_column][vc_column_text] Many times CEOs used to protect their management responsibility delaying turnaround with different “strategies”: Arguing that is a conjectural stage Arguing that is a marketplace situation Using “accounting engineering” to cover the problem during some while Recognizing that a company…
Why Turnaround?
[vc_row][vc_column][vc_column_text] If your company or business unit is underperforming consistently and losing money, you likely need a turnaround project. That situation erodes cash flow and damage return on capital importantly. If this bad situation continues during the time, the company moves…