The book offers a practical guide on how to successfully execute a fundamental strategic and structural realignment of a company. Since every company is unique in its core and structure, it is not a checklist to be followed step by step. Instead, the book provides an overview of specific areas of action that companies should adapt to their individual needs. The author describes an industry-based approach to corporate restructuring composed of seven building blocks (7P): Plan, People, Partitioning, Processes, Platforms, Portfolio, and Performance. The success of restructuring hinges on the situational and individual adaptation of each building block, enabling a company to implement necessary changes in a timely, swift, and efficient manner. Numerous examples from business practice offer readers insights into how to engage with and adapt the building blocks, as well as learn from the mistakes of others.

Introduction

Restructuring
Overview of the Seven Building Blocks of Successful Corporate Restructuring (7P).- Building Block 1: Plan
4.1 Early Detection
4.2 Client Motivation
4.3 Feasibility and Profitability
4.4 Strategic Plan
4.5 Operational Plan
4.6 Success Control
4.7 Prudent and Forward-Looking Solutions.- Building Block 2: People
5.1 Assembling Strong Teams
5.2 Use of Consultants
5.3 Human Communication
Building Block 3: Partitioning.- Building Block 4: Processes.- Building Block 5: Platforms
8.1 Information Technology Platforms
8.2 Communication Platforms
8.3 Collaboration Platforms.- Building Block 6: Portfolio
9.1 Portfolio Composition
9.2 Portfolio Pricing
Building Block 7: Performance
10.1 Strategic Performance
10.2 Operational Performance
10.3 Restructuring Progress
Summary.