When you look at a business in trouble, the important thing is to understand where the trouble is coming from. Critically you need to know whether it’s a restructuring or transformation. A restructuring is where you adjust structures to a reduced volume or revenue level, but in this case the business model is not broken. In transformations, you still restructure, but you are dealing with a potentially broken business model.
Pepyn Dinandt — When you look at a business in trouble, the important thing
When you look at a business in trouble, the important thing is to understand where the trouble is coming from. Critically you need to know whether it’s a restructuring or transformation. A restructuring is where you adjust structures to a…