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Types of Financial Restructuring
If a company is at a crossroads and is experiencing financial difficulties, it may consider a financial restructuring. The problem could be a default letter from its lender, uncertainty over how to handle a forbearance agreement, an unexpected loss of …
Top 5 Reasons a Business Continuity Plan is Critical
Today’s highly competitive and evolving business ecosystem demands that companies remain stable and resilient, no matter what. Many situations could threaten a business, from macroeconomic factors like inflation and high interest rates to environmental issues such as supply chain security …
The Role of Interim Management in Providing Effective Leadership During Times of Transition or Crisis
During a crisis or transition, a company needs strong leadership. However, there can be situations when there is a leadership vacuum. A key executive may have suddenly left. The company may be going through a merger or acquisition. It may …
The Strategic Role of Consulting in Shaping Talent and Culture
As a C-level HR executive, I understand that the strength of a company lies not just in its strategies or financial resources, but in the seamless integration of talent and culture. Imagine an organization where every individual is not just …
Restoring Credibility and Communication in Turnaround Management
When a company is in financial trouble, credibility suffers. A sudden downturn can send previous hard work and an excellent reputation into a downward spiral. How can you turn things around quickly to prevent insolvency and poor communications with stakeholders? …