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Think Rationally Before You Decide
Many companies often let their success and euphoria gloat over their heads and forget to do their homework....
Companies Without Strategies Are Heading For Tragedies
Many businesses are still focusing on yesterday's problems at the expense of forgoing future opportunities. The best chess players always have a strategy in place. But in businesses, future planning seems to play second fiddle to analyzing of past performance....
When the Company is Sick, Call the Corporate Turnaround Expert
Many troubled companies make the fatal mistake of not approaching the right professional for help. Many try to get out of their conundrum using the internal management. Others rely on their lawyers, auditors, etc. These troubled businesses need to bring in turnaround experts and specialists....
Clone Your Successes by Planning your Succession
Many once successful companies have failed because of poor succession planning. Many entrepreneurs want their children to succeed them and take over the reins in their businesses...
Acquisition Binge can Cause Indigestion
The adage still holds true, 'Do not bite more than you can chew'.It can become toxic for the company if they go into acquisition binge....
There Is A Strong Parallel Between Physical And Fiscal Health
There is a strong parallel between corporations and medical science. Companies fall sick just as people do. Contrary to the common view, a company is not an inanimate object....
Litigation Can Put You Out Of Business In A Heartbeat
Many companies underestimate the potential gravity of getting into litigious situations. Lawsuits, especially in cases where one does not have strong legal legs to stand on, are potential minefields for disaster....
Company is Already Bleeding Badly When the Financials are Red
There are many important imperatives and factors which are not quantified or measurable by the traditional accounting system....
Myths in Transformation and Turnaround
Welcome to the real business world where troubled businesses abound. Distressed business owners and executives need to understand turnarounds and transformations in order to face the challenges in this competitive global market....
Prevention, Early Diagnosis, Proper Treatment - Three Steps to Corporate Turnaround
As the adage goes: Prevention is better than cure. In medical practice, prevention of the disease before its onset is better than giving medication when it is already malignant or full-blown. Getting it right early is much better than subsequent expensive treatments....