Strategic Management – Restructuring
Restructuring has a negative connotation in the business environment, being often associated with employee dismissal, and it is considered to be the cause of poor financial performances that could even lead to liquidation or bankruptcy if not applied in a timely manner (Vance, 2009). However, corporate restructuring is not always the reflection of poor management or performances. Corporate diversification is always a change process, which reshapes the companies’ business model, by focusing either on diversifying the services, shrinking them down, or reorganizing the departments and the working process, all with the purpose of generating improved results and long – term Continue reading...