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)

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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 […]