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We found 45 results for your search:1: Accomplish Your Dream, Have A Good Team
Having a good team is fundamental in accomplishing your dreams. In this complex corporate world, no single person can have all the answers. The world is changing so rapidly that even a team comprising..
2: A Sick Company Needs to Concentrate on its Core Competence
The surgeon operates only one patient at a time. Similarly, a sick company needs to concentrate on its core competence.During the turnaround phase when the company is on the brink of bankruptcy, there..
3: Many CEOs Pursue the Four Ps - Pay, Power, Perks and Prestige Rather than Profits
Recently, there are more and more CEOs falling from grace. In the United States, forced exits accounted for 39% of CEO departures in 2002 up from 25 % in 2001, according to Booz Allen Hamilton. In 200..
4: If You Need Surgery, Call in the Surgeon
When you need a heart by-pass, you call in a cardiologist rather than a general practitioner. When you are in legal troubles, you consult a lawyer. When you have tax problems, you seek advice of a tax..
5: Do Not Depend Solely on the Doctor in the House to do the Surgery
Many business leaders are good at starting a business or maintaining one that has already been well established. However, they are not good at fixing a seriously sick business. Avoid bankruptcy by hir..
6: Without Ethics, The Company Has Lost Its Soul
"In the end, integrity is all you've got," this statement succinctly encapsulates the importance of ethics in the corporate scheme of things, and underscores its role as the corner stone of business p..
7: Core Values Are Invaluable
Turnaround managers have to operate under very tough environment. In some instances, he or she has to make bold decisions based on very little information. All decisions will result in consequences, w..
8: A Company In Crisis Is In A Nightmare
Crisis is visibly recognised when the company faces credit squeeze, negative profitability, cash flow problems and collection concerns. However, before the full crisis manifests itself the management ..
9: Do Not Play The Game Of Blame And Shame
In Singapore, some business people could be heard saying at the coffee shops: "Blame your parents when you have no food and blame the government when your business is bad." Such wrong attitude provide..
10: Relevance of Medical Metaphor in Corporate Turnaround
Medical metaphors are applicable in corporate as people can comprehend their medical and health conditions much better than corporate matters.Metaphor is a comparative figure of speech in which a term..
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