Case Study: Turnaround Management & Restructuring
Stock-listed electronics and electrical engineering conglomerate
In the course of the increasing worldwide competition, a relatively small segment of the group fell deep into the red.
In a first step, countries were analyzed and best-case practices identified. This built a basis for various measures, which were gradually implemented. The strategic position through global competition, particularly from low-wage countries, was not tenable. Therefore strategic actions were initiated and in a multi-annual program concurrently implemented.