man frustrated around books - are all the books about turnaround the same

We have all read the same books?! – Yet, performance in turnaround management varies widely

Posted 3 CommentsPosted in Situations of Rapid Change
If the executive team gets stuck in any of the five stages of the “process of depression” during the turnaround management, it is likely to lead to the bankruptcy of the firm. Severe troubles of a firm are often paralleled by a situation of rapid change, where the dynamics of (involuntary) transformation keep accelerating and exceed the […]

How to survive a turnaround – pilots through the rough waters of distress situations

Posted 2 CommentsPosted in Situations of Rapid Change
10 facts on turnaround situations (US data, research by TMS – Turnaround Management Society). 172 businesses file for bankruptcy in the US per day, this translates into 320’000 jobs lost every year due to distress situations of firms. Many turnarounds could resolve distress situations and lead to success if understanding and managing such situations of rapid change well. […]

The Autopsy of a Start-up bankruptcy (case study)

Posted Leave a commentPosted in Situations of Rapid Change
In autumn 2014 another promising and emergent Swiss Start-up filed for bankruptcy. Sadly, this is rather the rule than the exception. As out of every 11 serious ideas, only one succeeds. This delivers an attrition rate of approximately 90%. From the investor’s perspective the numbers are even more frustrating, as “survival” is something significant different […]

Asking for the whip in the board-room – how to discipline start-ups and reach ROI with innovation

Posted 1 CommentPosted in Situations of Rapid Change
  The majority of start ups fails for precedented and avoidable mistakes. Though innovation needs a degree of freedom to evolve, the discipline, applied by the venture capitalist’s whip can help the management, to focus on the right spot. Though uncomfortable, this might be critical to channel creativity and align with commercial success and ROI.  […]