If a company does not recognize an acute crisis in time, this can lead to a gradual deterioration in profitability and financial performance. Turnaround management is crucial in such situations to ensure survival. Steps include identifying the causes of crises, ensuring solvency and avoiding insolvency proceedings. Countermeasures are being taken to restore sustainable profitability.
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The SDC Executive is an association of freelance managers as a consulting and interim management community. We provide experienced expert teams for various client projects.