Corporate Restructuring is a practical approach to rescuing troubled companies and driving underperforming companies to top performance. It combines proven restructuring strategies with rigorous theoretical analysis. This book explains how to set and achieve asset, staffing, sales and profit goals. Topics include diagnostic tools to identify the root cause of problems, the human dynamics that cause a company to thrive or wither, customer service and relationship marketing, customer intelligence systems, new product development, process mapping, continuous process improvement and re-engineering as well as integrating IT into corporate strategy. It is also discussed how to find the resources needed to keep a company alive during restructuring and how to use bankruptcy offensively and defensively. Corporate Restructuring emphasizes execution. All the restructuring theories in the world weigh less than a simple plan, well executed.

Diagnosing the Problem

Setting Restructuring Goals and Reverse Engineering a Company
People
Labor Cost
Evaluation of Businesses, Divisions, Facilities, and Dealerships
Evaluation Products, Customers and Contracts
Revenue Growth and New Products
Markets and Pricing
Customer Service and Relationships
Re-engineering, Process Mapping, Continuous Process Improvement and Outsourcing
Cost Analysis and Finding Waste
Information Technology
Financing the Turnaround
Internal Sources of Cash
Emergency Cash Management
Bankruptcy
Execution.