DIY to Die?!

We almost always come across this tale of woe in restructuring projects: the companies had recognized the problems, but failed to implement solutions quickly and precisely. As a result, competitiveness is steadily declining and earnings are dwindling. Then the banks pull out and acquirers or insolvency administrators come in. In most cases, a notorious DIY (Do-It-Yourself) mentality combined with a lack of time prevents a quick solution to the problem. We are now also seeing this dangerous trend in many healthy companies: project backlogs are increasing and eroding efficiency is only masked by rising sales. So DIY can quickly become “die”. In the best-case scenario, “only” the yields will die.
Yours, Götz-Andreas Kemmner

Prof. Dr. Andreas Kemmner

Prof. Dr. Andreas Kemmner

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