Recognising and Dealing with Business Distress: Building Resilient Companies

This title is printed to order. This book may have been self-published. If so, we cannot guarantee the quality of the content. In the main most books will have gone through the editing process however some may not. We therefore suggest that you be aware of this before ordering this book. If in doubt check either the author or publisher’s details as we are unable to accept any returns unless they are faulty. Please contact us if you have any questions.

Most discussions of strategic planning tend to focus on business growth or maintenance. There is relatively little discussion of managing situations of business decline, particularly in terms of the roles and responsibilities of those directors who are responsible for leading the company, and their relationships with influential third parties such as creditors, shareholders and employees. This book sets out a benchmarking framework that can be used by those involved in such situations to check their approach against best practice, identify alternative strategies to resolve governance issues and approach distress situations using a systematic rather than ad-hoc approach. The increasing number of examples of companies reported in the media which are recognising and attempting to deal with such situations indicates the importance of this area to the development of management practice and theory.