The results of commercial
post mortems leave the management and shareholders of troubled organisations
asking “how did that go wrong?”
It is an
incontrovertible fact that many companies fail to address problem issues early
enough to avoid an oncoming crisis.
In reality the
causes of the problems were readily visible.
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 variety of
exercises ranging from ill judged acquisitions (think RBS/ABN), totally
pointless projects such as rebranding or the launch of another product range
destined to fail for the above reasons.
Inevitably the
harsh realities come into play but for many companies it is at that stage too
late in the day.
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