The pressure to perform is on the rise, and the economic outlook has become more uncertain. Companies in tight profit and liquidity situations have to very quickly make strategically, operationally, and financially effective decisions to get back on track. For a successful turnaround, it is essential to address and involve all important stakeholders from the beginning and throughout the process. The idea is to secure the support of management and employees, to prove the company’s viability internally and externally, and to create understanding for business decisions.
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