The Journal of Corporate Renewal
June 2008
Quick Action Averts Crash of Aerospace Manufacturer
CEO’s Ego Nearly Leads to Company’s Demise
The need to hire a turnaround advisor/consultant to guide the company through a crisis is not an easy reality for a successful entrepreneur to accept.
Cutting Through the Competitive Noise
Differentiate, then Communicate
Appropriate communications and public relations can help to position one’s business and differentiate it from competitors.
Creditworthiness Is in the Eye of the Beholder
Borrowers almost universally see the glass as half full, while lenders perpetually see every glass as half empty.
Psychological Barriers to Hiring a Turnaround Pro
Psychological factors often make entrepreneurs their own worst enemy in troubled situations.
Economic Squeeze Pushes Local Governments Toward Chapter 9
While the politics may be complex, the way to increase revenue in a municipality is typically, though sometimes brutally, straightforward.
SARE Debtors Face Stringent Deadlines
Intending a more a prompt resolution of bankruptcy cases filed by estate borrowers, Congress amended the Bankruptcy Code in 1994 to include a definition of "single asset real estate" (SARE).
CTP Instruction Isn’t Just for Practitioners
Other industry professionals may benefit from participating in the CTP curriculum, as it provides a more in-depth understanding of the nuts and bolts of the consultant’s role in the restructuring process.
Turning Around the Architects of Disaster
When the architect of disaster is the control person, finding a way to remediate the individual often is in the best interest of the other stakeholders.