Blog
Topical. Relevant. Perspective.
Voices that matter are blogging for TAP on subjects that directly impact the success or failure of companies like yours. Whether our own subject matter experts or channel partners with their own areas of expertise, our posts are meant to provide actionable takeaways that will tilt the scales in your favor.
CHANGE MANAGEMENT: RESTRUCTURING EXAMPLES
A company’s CEO is like the captain of a ship; both are ultimately responsible for the safety of what they are in charge of. If things aren’t going well and the business/ship is sinking, it’s the leader’s responsibility to take decisive action to right things as soon...
CHANGE MANAGEMENT: A CASE STUDY
Sometimes restructuring or change management is largely about expense control but, in some instances, it’s the sales and product strategy that needs a makeover. That was the situation one company found itself in after its founder passed away and it was subsequently...
CHANGE MANAGEMENT: RESTRUCTURING SCENARIOS
While corporate restructuring takes many forms and each situation is unique, similarities can often be seen. Larger companies may do a financial or “balance sheet” restructure where debt is converted into equity. These are usually accompanied by a thorough review of...
CHANGE MANAGEMENT: MANAGING THE CRISIS
One of the biggest hurdles a chief restructuring officer (CRO) faces is persuading stakeholders and employees that changes need to be made, and they need to be made right away. Organizational inertia is the tendency to continue self-defeating behaviors, even when it’s...
CHANGE MANAGEMENT: ASSESSMENT
When a chief restructuring officer (CRO) begins to analyze what’s ailing a small or medium-sized company, a thorough assessment of the situation must be job #1. Has a key employee or owner retired or passed away? Have sales fallen? Expenses increased? Is there a...
How Big Bank Failures Affect Small Businesses
by BOB PRESS The recent bank failures in the U.S., the takeover of Credit Suisse by UBS and the bank-led capital (deposit) infusion into First Republic Bank, may seem disconnected to the millions of small businesses across the country and Western economies....
RESTRUCTURING 101: What Your Company Needs to Know, and Do, to Survive Challenging Times