Why turnaround specialists are always called in too late to distress firms

Posted 3 CommentsPosted in Situations of Rapid Change
It is fair to say, turnaround specialists, are often onboarded in the very last moment of distress situations. For firms, this can be dramatic, as the onboarding of a turnaround professional increases chances for going concern from (only) 12.5% to more than 90%. Reasons are linked to the degree of the ability of an organization […]