Turnaround
DEVELOPMENT OF A COMPANY CRISIS
Business crises do not occur overnight. Often they are the result of incorrect decisions or from a lack of adaptation to changed conditions. The management of the companies often fail to admit their own mistakes in time and to initiate necessary changes. Rather, the causes are frequently sought outside the company.
CRISIS
Such a behavior can quickly lead to a crisis that threatens the entire enterprise. As the crisis progresses, the company's scope for action is greatly reduced. Liabilities and constraints create enormous pressure. The management is pushed into a passive role, in which it reacts but no longer acts. If the creditors, the credit bank and suppliers lose their trust, a worst case situation may be an insolvency.
WAYS FROM THE CRISIS
The right way out of the crisis is very individual for each company and has to be evaluated for the concrete individual case. Our check-up offers the ideal possibility for a detailed inventory. Based on this, detailed action plans can be developed and responsibilities for implementation defined. DRICON supports the management with a close operational accompaniment. This allows the initiation and execution of a successful turnaround.