Overview

What should a company do when it finds itself in crisis? Rejecting the idea that a company's crisis is bankruptcy resulting from poor financial status, developing from temporary to permanent inability to meet creditor requirements, this study takes an innovative stance in proposing strategic crisis control management decisions in order to stabilize company performance. In order to efficiently implement controlled company crisis development strategies, it is important to design company crisis control structures that represent a matrix of crisis control centers (CCC), also performing as crisis control accounting centers. The mechanism proposed in this study offers complex methods for principal strategic crisis management goal achievement, i.e. crisis prevention and coping in case of crisis onset. Project management and framework are central to the innovative strategy presented here to head off crisis before it starts. Niche and industry formats will change, and so should you. Crisis can be anticipated and nipped in the bud with innovative management strategies. _________________________________ I really enjoyed reading this book. The flow is good, the content is easy to digest without losing its depth, and it shows the essence of strategic management as applied to project activities. How to prevent and cope with crisis is clearly explained, using a strategic management perspective, which offers more comprehensive solutions. Ultimately, the examples of strategies to use in several typical conditions will help us to have a better understanding of strategic management. This book is great for both academics and practitioners, since the content is only meat without bones . Rivani, S.IP., MM., DBA Head of Division of Research and Development Department of Business Administration Sciences University of Padjadjaran Indonesia

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9781530885657

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Maximilian Groh has worked with leadership teams and boards throughout Germany, Switzerland and Russia. Revitalizing their businesses, he stresses flexibility, adaptability and development. Change is inevitable. You can either capitalize on the positives of change in order to improve upon management structures and procedures, or you can flounder in the rigidity of a business plan that refuses to accommodate a volatile business climate. Maximilian has a reputation for designing and implementing business improvement programs that achieve their intended results. The key is to analyze, understand and subsequently forecast the corporate climate. Utilizing a strategic approach, he has been highly successful in identifying main and sub drivers. As such, he is able to reach the target settings. Revamping organizational cultures to better execute new and improved strategies, he underlines the positive effects of innovation and realignment in his program. Major shifts in the corporate structure and in management practices certainly don't happen overnight. This highly complex process requires a multi-faceted strategy implemented over a sustained period of time. Working hand in hand with business leaders, Maximilian Groh has been able to show them exactly how to undergo much needed internal and procedural adjustments. Using performance system views (Lean, Six Sigma, Theory of Constraints, and Operations Analysis), Maximilian is helping leaders to look beyond the numbers, and consequently, lay the foundation for internal programs which bring together the entire organization in effective and powerful ways.

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