How often
do we see that by ignoring obvious problems the Management and Shareholders of
troubled organisations subsequently end up asking “why did that go wrong?”
It is
simple, a large number of companies fail to address problem issues early enough
to avoid an oncoming crisis.
The signs
of a troubled business are all too apparent – these include lack of controls,
lack of strategic vision, a demotivated workforce and obsolete or valueless
stocks etc
Instead of
grasping these nettles, often the preferred option is to engage in a totally
pointless exercise such as a rebranding exercise or the launch of another
product range destined to fail for the above reasons.
Problems
ignored rarely go away. Timely intervention can avoid the need to conduct a
messy post mortem.
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