The good coach - Image found on

The Good Coach Wins The Game – The Chairman And Their Team

Posted 1 CommentPosted in Situations of Rapid Change
In professional sports, mental readiness is key for champions. This is highlighting the importance of being mentally balanced also for senior executives. The Non-Executive Board must observe and nurture the mental health of the firm’s top executives in addition to overseeing the firm and acting as the interface between shareholders and executive management, to create resilient and sustainable organizations. Executives are skilled, able, and well-meaning! Yet, in situations of rapid change, […]
Airplane leaving smoke behind - Fliying on sight leadership under cash constraints

Flying On Sight – leadership under heavy cash constraints

Posted 2 CommentsPosted in Situations of Rapid Change
Cash constraints and scarce liquidity are notorious in Distress and Turnaround situations and often characterize situations of rapid change for many companies. Maneuvering under these conditions is often a question of discipline and applying the right tools in a timely manner. Challenges are faced on many levels of the organization, but ultimately it comes down […]
fence separating two territories - post covid workplace scenario

A post-COVID19 workplace scenario – Geographic borders will be removed from talent acquisition and put us all in global competition

Posted 3 CommentsPosted in Situations of Rapid Change
COVID-19 has catapulted us to collaboration 2.0. The black swan event of a global pandemic has disrupted the work-environment. The urge to adapt is inevitably forced from the outside on companies, creating a situation of rapid change, where the dynamic of the transformation keeps accelerating. Companies are struggling to retain their operational integrity shaping the […]
Soldier after battle - corporate turnaround choose your battles wisely

In Corporate Turnaround – choose your battles wisely

Posted 3 CommentsPosted in Situations of Rapid Change
High emotional engagement of the executive management can flaw the assessment of the situation of the firm and the decision, to discontinue an ineffective strategy. Yet, the lack of adaptability has been identified as a major reason for bankruptcy. This is intuitive, understanding, executives are maneuvering through vast uncertainties every day. In situations of rapid […]
An image of a snow avalanche referring to how bankruptcy is an avalanche in slow motion

Bankruptcy – An Avalanche In Slow Motion

Posted 1 CommentPosted in Situations of Rapid Change
“How did you go bankrupt?” Bill asked. “Two ways,” Mike said. “Gradually and then suddenly.” “What brought it on?” “Friends,” said Mike. “I had a lot of friends. False friends. Then I had creditors, too. Probably had more creditors than anybody in England.” Ernest Hemingway, The Sun Also Rises Entrepreneurs and executives with experience in […]
Tsunami image representing the amount of bad debt coming after the coronavirus pandemic

A Tsunami of Bad Debt is rolling to our shore, to drown unexpected parts of the economy – and how to survive

Posted 1 CommentPosted in Situations of Rapid Change
Bankruptcy rates are closely linked to GDP volatility. In OECD countries the regular insolvency rate is around 8%. Though dramatic for the individual firms, this is a healthy process for the economy, as part of economic Darwinism, selecting the weakest market participants. Companies, failing to adapt to changing market conditions as a result of inertia, […]
Benjamin Franklin on a dollar bill with a facemask - Coronavirus effect in the economy

Coronavirus and the Economy – Severe Risk of Bankruptcy and Financial Turmoil for SME Firms

Posted 2 CommentsPosted in Situations of Rapid Change
COVID-19 has quickly evolved from a far-away tragedy, to what is now also a large economic threat to businesses all around the world. Numerous companies are finding themselves, suddenly facing situations of rapid change, where the dynamics of the transformation process are forced from the external and keep accelerating. Due to globalization, supply-chain processes, and […]

What´s love got to do with it? – should shareholders worry, if the CEO gets divorced?

Posted 1 CommentPosted in Situations of Rapid Change
Chief Executives carry the responsibility for shareholder returns, numerous jobs, and compliance of the firm on their shoulders. Workdays are never finished after 8 hours, and weekends are generally not off. Top leaders are assumed, to rely on a stable and supportive relationship, to emotionally balance for the responsibilities and stress levels associated with the everyday […]