Desperate Times Call for Effective Turnarounds
BCG
NOVEMBER 11, 2016
We refer to these as turnaround and restructuring efforts. At this point, the company starts burning through cash reserves and needs to launch a turnaround. . See Transformation: The Imperative to Change, BCG report, November 2014.) Set up the right team, organization, technology, and culture to deliver long-term gains.
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