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Corporate Articles
31: 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.
32: People Work Hard for Money, But They Will Die for a Cause
Most people will work hard for money if properly motivated. Though it may help, more money is not the key to making your employees more passionate.
33: 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.
34: 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.
35: People - Life and Death Matters
It is no use having all the correct strategies and resources when you do not have the right people to do the job. To compete successfully externally, you need to have people perform successfully internally
36: Cash is Oxygen During the Restructuring Process
Though cash is not everything, its level of importance is the same as oxygen. Without it, you will certainly perish.
37: Cost Control Is An Important Antidote in Corporate Turnaround
Unnecessary cost is always your Number One enemy. You must attack every cost item, justify and challenge it.
38: 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.
39: 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.
40: The Key To Successful Corporate Turnaround Is Early Detection
Early detection of business problems is vital to sustaining a company's growth, manage the crisis effectively and to contain the economic distress. Business problems rarely occur suddenly.
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