Five Generic Strategies of Recovery: Difference between revisions
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Hoffman | [[Author::Richard Hoffman]] | ||
Stage 1 - Restructure leadership and | *Stage 1 - '''Restructure leadership''' and organizational culture. The change of leadership can take place almost immediately | ||
Stage 2 - Cost reduction - Asset redeployment - Selective product/ | *Stage 2 - '''Cost reduction - Asset redeployment - Selective product/market strategy'''(defensive-divest/Offensive-Improve quality. This stage can take about a year | ||
Stage 3 - Resposition | *Stage 3 - '''Resposition''' This is the longest stage and cab take a year or two or three | ||
See Also [[Turnaround Strategies]] | See Also [[Turnaround Strategies]] | ||
[[Category:Strategy]] | [[Category:Strategy]] | ||
Latest revision as of 21:15, 29 October 2011
- Stage 1 - Restructure leadership and organizational culture. The change of leadership can take place almost immediately
- Stage 2 - Cost reduction - Asset redeployment - Selective product/market strategy(defensive-divest/Offensive-Improve quality. This stage can take about a year
- Stage 3 - Resposition This is the longest stage and cab take a year or two or three
See Also Turnaround Strategies
