https://open.spotify.com/episode/7HiNSSV7ad502vF1foGH7v?si=UcLH90QqSMeCsJp5qe7Hog If the executive team gets stuck in any of the five stages of the "process of depression" during the turnaround management, it is likely to lead to the bankruptcy of the firm. Severe troubles of a firm are often paralleled by a situation of rapid change, where the dynamics of (involuntary) transformation keep accelerating and... Continue Reading →